Yash Highvoltage IPO Detail: Open Date, Close Date, GMP, Price Band

Yash Highvoltage IPO subscription opens on Thursday, December 12, 2024, and closes on Monday, December 16, 2024. It is a book-built issue worth up to Rs 110.01 crores of equity shares. This upcoming IPO is offering combination of fresh issue and offer for sale. The fresh issue consists of up to 64.05 lakh equity shares and offer for sale of up to 11.30 lakh equity shares.

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Yash Highvoltage IPO Price Band

Yash Highvoltage IPO price band is Rs 138 to Rs 146 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,46,000 (146 x 1000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,92,000 (146 x 2000 shares).

Yash Highvoltage IPO GMP

Currently, Yash Highvoltage IPO GMP (grey market premium) is Rs 50. It is expected that the listing price can be near at Rs 196 per share. However, if the subscription is oversubscribed in the upcoming time, then Yash Highvoltage IPO GMP may go up.

Yash Highvoltage Allotment Status

Yash Highvoltage IPO Allotment status will be available on its registrar Bigshare Services Private Limited website on Tuesday, December 17, 2024, once the subscription ends after the closing of IPO bidding. The allotment status of investors who applied for IPO will be available on the registrar's website.

Yash Highvoltage Listing Date

Yash Highvoltage IPO listing date has been decided on Thursday, December 19, 2024. The Listing will be on the BSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Yash Highvoltage IPO: Listing Date, Lot Size, Issue Size, Price Band

Yash Highvoltage IPO: About the Company

Yash Highvoltage Limited, established in 2002, is a leading manufacturer in the power engineering sector, specializing in high voltage transformer bushings. The company produces a range of products including OIP and RIP condenser bushings, as well as insulation materials like fiberglass cylinders.

With an annual production capacity of over 4,000 units, Yash Highvoltage is recognized for its commitment to quality and innovation. The company has secured exclusive rights to produce RIP bushings in India through a collaboration with MGC Moser-Glaser AG from Switzerland.

Yash Highvoltage is also on the approved vendor list of various Indian government enterprises, and hence its products are up to the high standards of the industry. This strategic positioning allows the company to cater to both domestic and international markets effectively.

Yash Highvoltage IPO Objectives

Yash Highvoltage IPO objectives include that the funding received from the fresh issue will be utilized for setting up a new factory to manufacture Resin Impregnated Paper (RIP) / Resin Impregnated Synthetic (RIS) transformer condenser graded bushings and for general corporate purposes.

Yash Highvoltage IPO: Key Dates, Allotment, Listing Date

Yash Highvoltage IPO subscription reservations are as follows: not more than 50% of the net offer is reserved for Qualified Intuitional Buyers, not less than 35% of the net offer is reserved for the retail category and not less than 15% of the net offer is reserved for the HNI category.

Yash Highvoltage IPO Lot Size Details

Yash Highvoltage IPO lot size is set at 1000 shares per lot. The minimum funds required for retail investors to participate in this IPO is Rs 1,46,000 (146 x 1000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,92,000 (146 x 2000 shares).

Yash Highvoltage IPO Promoter Holdings

Yash Highvoltage IPO promoter is Mr Keyur Girishchandra Shah. His shareholding before the IPO was 79.48%; however, post-IPO, his shareholdings will decline.

Yash Highvoltage Limited Company Financials (Amt in Lakhs)

Lead Manager and Registrar of Yash Highvoltage IPO

The IPO is managed by Indorient Financial Services Limited, which is the book-running lead manager for this public issue. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.

How to apply to the Yash Highvoltage IPO

Interested investors who wants to apply to the Yash Highvoltage IPO can directly apply from the Bigul trading app, or you can apply here. You can also check the details of other upcoming IPO on the Bigul platform.

Yash Highvoltage IPO FAQs

1. What are the core details available of the Yash Highvoltage IPO?

Yash Highvoltage IPO is a book-built issue worth up to Rs 110.01 crores. This upcoming IPO is offering a fresh issue of up to 64.05 lakh equity shares worth up to Rs 93.51 crores and an offer for sale of up to 11.30 lakh equity shares worth up to Rs 16.50 crores.

2. What is the Yash Highvoltage IPO open date and close date?

Yash Highvoltage IPO subscription opens on Thursday, December 12, 2024, and closes on Monday, December 16, 2024.

3. What is Yash Highvoltage IPO GMP?

Currently, Yash Highvoltage IPO GMP (grey market premium) is Rs 50. It is expected that the listing price can be near at Rs 196 per share. However, if the subscription is oversubscribed in upcoming time, then Yash Highvoltage IPO GMP may go up.

4. How do you check the IPO Allotment status?

Yash Highvoltage IPO Allotment details are available on its registrar, Bigshare Services Private Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who is the registrar and lead managers for Yash Highvoltage IPO?

The IPO is managed by Indorient Financial Services Limited which is the book-running lead manager for this public issue. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between SME IPO and Mainline IPO?
• Everything You Need to Know About IPO