IPO - Check IPO Date, Price, Lot Size

Yash Highvoltage Ltd IPO

The Company is engaged in the manufacturing and distribution of wide range of transformer bushings - Oil Impregnated Paper [OIP] condenser bushing, Resin Impregnated Paper [RIP] / Resin Impregnated Synthetic [RIS] condenser bushing, High Voltage and High Current bushing, OIP Wall bushing and Oil to Oil bushing. The Company also undertakes repairing, retrofitting and replacement services of old bushings. Our manufacturing facility has an annual installed capacity to produce 7,000 bushings bifurcated into 3,700 units of OIP Bushings, 3,000 units of RIP Bushings and 300 units of High Current Bushings. The factory is fully equipped with in-house quality testing facilities.

Yash Highvoltage Ltd IPO Details

Total Shares Offered

₹ 75,35,000

Offer to Public

11,30,000

Retail Max (Shares)

₹ 25,06,000

Pre Issue Promoters Holding

₹ 1,76,03,595

Exchange

BSE

Issue size

₹ 110.01 Cr

IPO Open Date

Dec 12, 2024

Close Date

Dec 16, 2024

Lot Size

1000

Min Investment

₹ 1,38,000

Issue Type

Book Building - SME

Listing Date

Dec 19, 2024

Yash Highvoltage Ltd IPO Dates

Dec 12, 2024

Opening date

Dec 16, 2024

Closing date

Dec 17, 2024

Basis of Allotment

Dec 18, 2024

Initiation of Refunds

Dec 18, 2024

Credit of Shares

Dec 19, 2024

Listing date

Details

Sector	Type
Sector	Electric Equipment
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	49.51x	3578000	177141000
NII	330.38x	1074000	354833000
Retail	151.51x	2506000	379695000
Employee	0x	0	0
Total	120.99x	7535000	911669000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

49.51x

330.38x

151.51x

120.99x

3578000

1074000

2506000

7535000

177141000

354833000

379695000

911669000

Yash Highvoltage Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	150.14	19.96	18.26
EBITDA	33.57	22.19	20.29
PAT	21.41	12.33	11.42
Total Assets	138.33	39.37	40.15
Share Capital	14.28	3.08	3.08
Total Borrowings	29.09	9.64	9.07
Operating Activities (Net Cash)	24.12	14.56	13.45
Investing Activities (Net Cash)	-7.60	-5.08	0.00
Financing Activities (Net Cash)	29.09	9.64	9.07
Net Cashflow	71.60	2.64	6.01

About Yash Highvoltage Ltd

Our Company was originally incorporated as a private limited company under the Companies Act 1956 in the name and style of Yash Highvoltage Insulators Private Limited pursuant to certificate of incorporation dated June 06, 2002 issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli. Pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on February 05, 2018, the name of our Company was changed to Yash Highvoltage Private Limited vide a fresh Certificate of Incorporation dated February 13, 2018 issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli at Ahmedabad. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on February 19, 2018, our Company was converted into a Public Limited Company and consequently the name of our Company was changed from Yash Highvoltage Private Limited to Yash Highvoltage Limited vide a fresh certificate of incorporation dated March 07, 2018 issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli at Ahmedabad, bearing CIN U40109GJ2002PLC040833.

Global transformer bushing market was valued at Rs.26,960 crores, and is expected witness a CAGR of 5.6% during 2024-2034F. The global shift towards the development of new renewable energy projects, large scale implementation of smart grids across several countries, and modernization power distribution network will surge the demand for transformer bushing used as a critical component of transformers during the commissioning of projects. As of CY' 24, RIP is the most prominent form of bushing type, accounting for a share of 61.9% revenue share in the global transformer bushing market. The rising demand for RIP bushings is mainly attributed to higher customer preference to RIP bushings.

Peer Comparison:

Hitachi Energy India Ltd

Yash Highvoltage Ltd Key Points

Strengths

Unique positioning in the Indian Transformer Bushing Market.

Strong industry tailwinds will augment demand for bushings product.

Strong track record of supply and installation creates entry barriers for new players.

Long standing and deep relationships with distinguished clientele leading to recurring business.

Advanced infrastructure, manufacturing facility and R&D capabilities.

Risk

The company intend to utilize a portion of the Net proceeds for setting up the Proposed Manufacturing Facility at Plot 32-A, Suncity Industrial Park, Savli, Vadodara, Gujarat. The company is yet to place orders for some plant, machinery and equipment and apply for requisite government approvals for the Proposed Manufacturing Facility. If the company is unable to commission its Proposed Manufacturing Facility without time and cost overruns or unable to adhere to the schedule of implementation, it may adversely affect its business, results of operations and financial conditions.

There can be no assurance that the Objects of the Issue will be achieved within the time frame anticipated or at all, or that the deployment of the Net Proceeds in the manner intended by it will result in any increase in the value of your investment. Further, the plan for deployment of the Net Proceeds has not been appraised by any bank or financial institution.

The company depends on limited suppliers for its raw material requirements. The loss of one or more such suppliers could adversely affect its business, results of operations, financial condition and cash flows.

Strategy

Indigenous manufacturing of RIP /RIS bushings.

Expanding our global footprint.

Focus on retrofit and replacement market.

How To Apply for Yash Highvoltage Ltd IPO Online?

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FAQs on IPO (Initial Public Offering)

What is the issue size of the Yash Highvoltage Ltd IPO?

Yash Highvoltage Ltd's IPO offers shares for up to 93.51 It begins on Dec 12, 2024 and ends on Dec 16, 2024.

What is the price of the Yash Highvoltage Ltd IPO?

The price of Yash Highvoltage Ltd IPO ranges between ₹138 to ₹146 per share.

What are the open and close dates for the Yash Highvoltage Ltd IPO?

The Yash Highvoltage Ltd IPO opens on Dec 12, 2024 and closes on Dec 16, 2024.

When will the Yash Highvoltage Ltd IPO be allotted?

The allotment for the Yash Highvoltage Ltd IPO will be finalised on Dec 17, 2024. The shares will be listed on BSE and NSE on Dec 19, 2024.

What is the minimum lot size required for Yash Highvoltage Ltd IPO?

The minimum lot size for Yash Highvoltage Ltd IPO is 1000 shares, priced between ₹138 to ₹146 per share.

What is the GMP of Yash Highvoltage Ltd IPO?

The GMP (Grey Market Premium) of Yash Highvoltage Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Yash Highvoltage Ltd IPO?

To check the allotment status of Yash Highvoltage Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Yash Highvoltage Ltd IPO getting listed?

The Yash Highvoltage Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Dec 12, 2024, and closes on Dec 16, 2024. The allotment is finalised on Dec 17, 2024.

How do you apply for the Yash Highvoltage Ltd IPO?

To apply for the Yash Highvoltage Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.