Yash Highvoltage Limited is set to launch its IPO. The IPO will open on 12 December 2024 (Thursday) and close on 16 December 2024 (Monday). This is a 100% Book Built issue. Through this issue, the company aims to raise approximately 110.01 Cr. from the potential investors.
The IPO consists of a fresh issue of up to 64,05,000 equity shares and an offer for sale of up to 11,30,000 equity shares by the promoter, amounting up to 75,35,000 equity shares. The face value of the shares is ₹5 per share, with a price band set between ₹138 and ₹146 per share. Investors can bid for a minimum lot size of 1,000 shares.
IPO key Highlights
| Category | Detail | Information |
|---|---|---|
| Key Dates | IPO Open Date | December 12, 2024 |
| IPO Close Date | December 16, 2024 | |
| Pricing Information | Face Value | ₹5 per share |
| Price Band | ₹138 to ₹146 per share | |
| Market Maker Portion | 377,000 shares | |
| Offer Structure | Total Issue Size | 7,535,000 shares (amounting up to ₹110.01 Cr) |
| Fresh Issue | 6,405,000 shares (amounting up to ₹93.51 Cr) | |
| Offer for Sale | 1,130,000 shares of ₹5 (amounting up to ₹16.50 Cr) | |
| Investor Details | Lot Size | 1,000 Shares |
| Listing Exchange | BSE SME | |
| IPO Type | Book Built Issue IPO |
Important Dates to Remember
| Event | Date |
|---|---|
| IPO Opening Date | 12 December, 2024 (Thursday) |
| IPO Closing Date | 16 December, 2024 (Monday) |
| Basis of Allotment | 17 December, 2024 (Tuesday) |
| Initiation of Refunds | 18 December, 2024 (Wednesday) |
| Credit of Shares to Demat Account | 18 December, 2024 (Wednesday) |
| Listing Date | 19 December, 2024 (Thursday) |
What is GMP of Yash Highvoltage Ltd IPO Today?
As of December 18, 2024, the Grey Market Premium (GMP) for the Yash Highvoltage Ltd IPO is ₹152. This indicates that the shares are expected to list at approximately ₹298 per share.
Note: GMP is an unofficial indicator and is based on market speculation; it does not guarantee actual listing performance.
Company Financial Standing
| Period | 31 Oct 2024 (₹ Lakhs) | 31 Mar 2024 (₹ Lakhs) | 31 Mar 2023 (₹ Lakhs) | 31 Mar 2022 (₹ Lakhs) |
|---|---|---|---|---|
| Total Assets | 8,084.36 | 7,039.29 | 5,914.59 | 4,315.83 |
| Total Revenue | 2,777.84 | 10,912.25 | 9,061.15 | 6,537.90 |
| Total Expense | 2,347.01 | 9,262.53 | 7,437.73 | 5,296.22 |
| Profit After Tax | 312.75 | 1,206.27 | 1,142.22 | 871.23 |
| Company’s Net Worth | 4,526.20 | 4,213.45 | 3,208.21 | 2,450.65 |
| Total Reserves & Surplus | 3,787.99 | 3,905.86 | 2,900.62 | 2,143.06 |
Company’s Key Performance Indicators
| Key Performance Indicator | Value |
|---|---|
| Return on Capital Employed (ROCE) | 44.07% |
| Return on Equity (ROE) | 32.51% |
| Debt to Equity Ratio | 0.17 |
| Return on Net Worth (RoNW) | 32.51% |
| EBITDA Margin (%) | 18.58% |
| After Tax Profit Margin (%) | 11.12% |
| Net Asset Value (NAV) | ₹19.03 |
| Earnings Per Share (EPS) | ₹5.45 (Basic) |
| Price to Book Value (P/BV) | 1.07 |
Lot Size and Application Amount
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail Investor (Minimum Lot) | 1 | 1000 | ₹146,000 |
| Retail Investor (Maximum Lot) | 1 | 1000 | ₹146,000 |
| HNI Investor (Minimum Lot) | 2 | 2000 | ₹292,000 |
Investor Category-Wise Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Net Cash Flow Overview
| Activity | For the period ended June 30, 2024 (₹ Lakhs) | Fiscal 2024 (₹ Lakhs) | Fiscal 2023 (₹ Lakhs) | Fiscal 2022 (₹ Lakhs) |
|---|---|---|---|---|
| Net Cash from Operating Activity | 258.38 | 1,026.64 | 912.22 | 727.90 |
| Net Cash Used in Investing Activities | -977.81 | -525.06 | -411.43 | -980.71 |
| Net Cash from Financing Activities | 502.40 | -477.97 | -465.97 | 283.25 |
| Net (Decrease)/Increase in Cash | -217.02 | 23.61 | 34.81 | 30.44 |
Key Objectives of this Issue
The net proceeds from the issue will be utilized for the following purposes:
- To purchase new machinery for the FMCG division.
- To enhance the visibility and awareness of its brand.
- To reduce financial indebtedness.
- For general corporate purposes.
Commonly Asked Questions
- Q What are the opening and closing dates for the Yash Highvoltage Limited IPO?
The issue opens on 12 December, 2024, and closes on 16 December, 2024 - Q What is the issue price for the Yash Highvoltage Limited IPO?
- The price band is set between ₹138 and ₹146 per equity share.
- Q: What is the lot size for retail investors in this offer?
Retail investors can bid for a minimum of 1,000 shares, with the minimum application amount of ₹146000 - Q Who is the lead manager for this issue?
The lead manager is Indorient Financial Services Limited - Q Who is the registrar for the Yash Highvoltage Limited IPO?
The registrar is Bigshare Services Private Limited - Q What are the main objectives of this issue?
The funds raised through this issue will be utilized for: Setting up a new factory for manufacturing transformer condenser graded bushings and for General corporate purposes - On which stock exchange will the shares be listed?
The shares of Yash Highvoltage Limited will be listed on the BSE SME platform. - Q What is the total issue size for the Yash IPO?
The total issue comprises up to 7535,000 equity shares. - Q When will the allotment and refund process begin?
The allotment will be finalized on December 17, 2024, and refunds will begin on December 18, 2024. - Q When will the shares be credited to the Demat account?
Shares will be credited to the Demat accounts on December 18, 2024. - Q What is the expected listing date for the offer?
The shares are expected to list on 19 December, 2024.
It is always beneficial to read Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) carefully to better understand its financials and growth opportunities before making a decision.
Looking for more IPO reviews? Check out our IPO Dashboard for recent posts on other Main-board IPO & SME IPOs for the latest market updates.
Note: This article is based on the information received from the company’s official documents, including the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP). For up-to-date information on the Grey Market Premium (GMP) for the Yash Highvoltage Ltd IPO, you may please check our Current GMP, where we will post the latest figures as soon as they are available.
Disclaimer: This article is for educational purposes only. We do not offer any advice on buying or selling securities. Please consult your financial advisor before investing in an IPO or any other securities to make sure that it suits your financial plans and risk tolerance.
Don’t miss out on the latest IPOs – Click here to Find Upcoming IPOs.
“Invest Smarter, Faster – Click Here to Open Your Free Demat Account Today!”
“If this article was useful to you, feel free to share it with others who might find it helpful. Your feedback is important, so drop your questions or thoughts in the comments—we’d love to hear from you!”
Looking for the latest updates on upcoming IPOs? Explore detailed insights, expert reviews, and key information on these trending IPOs:
Dhanlaxmi Crop Science IPO 2024 Price, GMP & Allotment- A Comprehensive Report
Toss The Coin Limited IPO 2024 Price, GMP & Allotment- A Complete Report
Leave a comment