Yash Highvoltage Limited, a leading manufacturer and distributor of high-quality transformer bushings, is set to launch its IPO from December 12, 2024, to December 16, 2024. This IPO offers investors an opportunity to participate in the growth of a company that plays a pivotal role in the power sector, providing essential components like oil-impregnated paper (OIP) and resin-impregnated paper (RIP) bushings. Below, we dive into all the key details about Yash Highvoltage’s IPO, its financial performance, and reasons to consider this investment.
Yash Highvoltage IPO Details
- IPO Dates: December 12, 2024, to December 16, 2024
- Price Band: ₹138 to ₹146 per share
- Lot Size: 1,000 shares
- Minimum Investment: ₹146,000
- Issue Size: ₹110.01 CrFresh Issue: ₹93.51 CrOffer for Sale: ₹16.50 Cr
- Listing: BSE SME
- Face Value: ₹5 per share
- Market Maker Portion: 377,000 shares
- Listing Date: December 19, 2024
About Yash Highvoltage
Yash Highvoltage Limited specializes in manufacturing and distributing a variety of transformer bushings, including oil-impregnated paper (OIP) condenser bushings, resin-impregnated paper (RIP) bushings, high-voltage and high-current bushings, OIP wall bushings, and oil-to-oil bushings. The company also offers services such as repairing, retrofitting, and replacing old bushings as well as on-site and off-site technical testing, analysis, and repair services.
Founded in 2002, the company has grown significantly under the leadership of Mr. Keyur Girishchandra Shah, with a focus on innovation and quality. Its manufacturing facility in Vadodara, Gujarat, is equipped to produce 7,000 bushings annually, catering to government and private power sector enterprises.
Yash Highvoltage Financials
The company has shown consistent financial growth over the last three years.
Revenue (₹ Cr)
2022: 65.06
2023: 90.36
2024: 108.00
Total Assets (₹ Cr)
2022: 43.16
2023: 59.14
2024: 70.39
Net Profit (₹ Cr)
2022: 8.71
2023: 11.42
2024: 12.06
This steady growth highlights Yash Highvoltage’s ability to scale its operations and maintain profitability while investing in innovative solutions.
Key Performance Indicators (KPIs)
As of March 31, 2024, Yash Highvoltage has maintained strong performance metrics:
ROE: 32.51%
ROCE: 44.07%
Debt/Equity Ratio: 0.17
PAT Margin: 11.12%
P/BV: 1.07
These indicators demonstrate the company’s efficient utilization of capital and a healthy balance sheet, making it an attractive prospect for investors.
IPO Lot Size and Investment Details
Retail investors can bid for a minimum of 1,000 shares, amounting to ₹146,000. The table below outlines the investment details:
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹146,000 |
| HNI (Min) | 2 | 2,000 | ₹292,000 |
Promoter Holding
Promoters:
- Mr. Keyur Girishchandra Shah
| Shareholding | Pre-Issue (%) | Post-Issue (%) |
|---|---|---|
| Promoters | 100.00% | 76.55% |
The post-issue dilution ensures the promoters retain significant control while opening the company to public investment.
Reasons to Invest in Yash Highvoltage IPO
Dominant Industry Position: Yash Highvoltage is a trusted supplier to both government and private power sector players, enhancing its credibility.
Strong Financials: Consistent growth in revenue and profitability demonstrates operational efficiency.
Focus on Innovation: The company’s investment in high-current bushing technology and advanced manufacturing capabilities makes it a forward-looking player in the transformer bushing market.
Approved Vendor: Being on the approved vendor list of government-led enterprises ensures a steady order book.
Risks to Consider
High Competition: The power sector’s supplier market is competitive, and Yash Highvoltage faces pressure from both domestic and international players.
Dependence on Power Sector: Any slowdown in the power sector could directly impact the company’s performance.
Yash Highvoltage IPO Registrar
The IPO is managed by Bigshare Services Pvt Ltd. For queries, investors can reach out using the details below:
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: Bigshare IPO Status
Final Thoughts on Yash Highvoltage IPO
Yash Highvoltage’s IPO presents a promising investment opportunity, backed by strong financial performance, a robust product portfolio, and a strategic position in the power sector. With its proven ability to innovate and scale, the company is well-positioned for future growth. However, investors should carefully evaluate their risk tolerance and market conditions before making a decision.
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