Yash Highvoltage Limited (BSE SME)

Dec 12, 2024 - Dec 16, 2024

Premium	₹152
Price	₹138 - ₹146
Lot size	1000
Allotment	Dec 17, 2024
Listing	Dec 19, 2024

Category	Lot(s)	Qty	Amount	Reserved
Retail	1	1000	146000	2506
HNI	2	2000	292000	1074

Last updated on 16-Dec-2024 19:03:54

Category	Offered	Applied	Times
QIBs	1432000	177141000	123.7
HNIs	1074000	354828000	330.38
Retail	2506000	379698000	151.52
Total	5012000	911667000	181.9
Total Applications: 614535

QIB Interest Cost Per Share (7 Days)
@7% ₹24.2	@8% ₹27.7	@9% ₹31.2	@10% ₹34.6	@11% ₹38.1	@12% ₹41.6

HNI Interest Cost Per Share (7 Days)
@7% ₹64.8	@8% ₹74	@9% ₹83.3	@10% ₹92.5	@11% ₹101.8	@12% ₹111

About

IPO Reservation

Investor Category	Shares Offered	No. of Shares
Retail	33.26%	2506000
NII (HNI)	14.25%	1074000
Anchor	28.48%	2146000
QIB	19.00%	1432000
Market Maker	5.00%	377000
Total	100.00%	7535000

Yash Highvoltage IPO Details

Issue Size	7,535,000 shares (aggregating up to ₹[110] Cr)
Fresh Issue	6,405,000 shares (aggregating up to ₹[93.5] Cr)
Offer for Sale	1,130,000 shares of ₹5 (aggregating up to ₹[16.5] Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE SME
Share holding pre issue	22,146,249
Share holding post issue	28,551,249
Market Maker portion	377,000 shares
Market Maker	Alacrity Securities

Key Performance Indicator

KPI	Jun-24	Mar-24	Mar-23
ROE	7.16%	32.51%	40.73%
ROCE	10.56%	44.07%	54.17%
RONW	7.16%	32.51%	40.37%
D/E	0.28	0.17	0.24
EPS (basic)	1.41	5.45	5.16
P/E Pre IPO		26.8
P/E Post IPO		33.2

Company Financials

Yash Highvoltage Limited Financial Information (Restated)

Period Ended	Jun-24	Mar-24	Mar-23	Mar-22
Assets	8,084	7,039	5,915	4,316
Revenue	2,778	10,912	9,061	6,538
Profit After Tax	313	1,206	1,142	871
Net Worth	4,526	4,213	3,208	2,451
Reserves and Surplus	3,788	3,906	2,901	2,143
Total Borrowing	1,257	708	778	744

About Company

Incorporated in June 2002, Yash Highvoltage Limited is a specialized manufacturer and distributor of transformer bushings, including Oil-Impregnated Paper (OIP), Resin-Impregnated Paper (RIP), and Resin-Impregnated Synthetic (RIS) bushings. Its product range also features high-voltage and high-current bushings, OIP wall bushings, and oil-to-oil bushings, complemented by repair, retrofitting, and replacement services. The company's manufacturing facility in Vadodara, Gujarat, has an annual capacity of 7,000 units, supported by advanced in-house quality testing facilities. As of November 30, 2024, Yash Highvoltage employs 157 full-time staff, ensuring efficient operations and quality delivery.

Lead Manager(s)

Indorient Financial Services Ltd

Strength

Niche Market Expertise: Specialized in transformer bushings, catering to a focused and critical market segment.

Growing Demand: Positioned to benefit from rising investments in power infrastructure and energy systems.

Established Reputation: Strong track record with trusted customer relationships and industry recognition.

Weakness

Dependency on Customer Contracts: Reliance on contract renewals and new client acquisition poses a risk to business continuity.

Operational Challenges: Errors or service disruptions in diverse environments could negatively impact performance and financial stability.

Revenue Concentration: Dependence on a limited number of business segments makes the company vulnerable to market-specific risks.

Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html