Yash Highvoltage Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,578,000 (47%) | — | ₹5,224 Cr |
| NII (HNI) | — | 1,074,000 (14%) | — | ₹1,568 Cr |
| Retail | — | 2,506,000 (33%) | — | ₹3,659 Cr |
| Market Maker | — | 377,000 (5%) | — | ₹55 Cr |
| Σ Total | — | 7,535,000 (100%) | — | ₹110,011 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹146,000 |
| Retail (Max) | 13 | 13,000 | ₹1,898,000 |
| S-HNI (Min) | 14 | 14,000 | ₹2,044,000 |
| B-HNI (Min) | 67 | 67,000 | ₹9,782,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 2,778 | 10,912 | 9,061 |
| Profit After Tax | 313 | 1,206 | 1,142 |
| Net Worth | 4,526 | 4,213 | 3,208 |
| Total Assets | 8,084 | 7,039 | 5,915 |
| Reserves & Surplus | 3,788 | 3,906 | 2,901 |
| Total Borrowing | 1,257 | 708 | 778 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Setting up a new factory to manufacture Resin Impregnated Paper (RIP) / Resin Impregnated Synthetic (RIS) transformer condenser graded bushings –
- General Corporate Purposes –
Company Overview
Incorporated in June 2002, Yash Highvoltage Limited specializes in the manufacturing and distributing a wide range of transformer bushings.
The company's product portfolio includes Oil-Impregnated Paper (OIP) condenser bushings, Resin-Impregnated Paper (RIP) and Resin-Impregnated Synthetic (RIS) condenser bushings, high-voltage and high-current bushings, OIP wall bushings, and oil-to-oil bushings. The company also provides repair, retrofitting, and replacement services for old bushings.
The company's manufacturing unit is situated in Vadodara, Gujarat, and has an annual production capacity of 7,000 bushings. This capacity is divided into 3,700 units of Oil-Immersed Paper (OIP) Bushings, 3,000 units of Resin-Impregnated Paper (RIP) Bushings, and 300 units of High Current Bushings. The factory is fully equipped with in-house quality testing facilities.
As of November 30, 2024, the company has 157 full time employees.
Competitive Strength
- Unique positioning in the Indian Transformer Bushing Market
- The demand for bushings will increase due to strong industry trends.
- Strong track record of supply and installation creates entry barriers for new players