Yash High Voltage IPO Closed
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Schedule of Yash High Voltage
| Issue open date | 12 Dec 2024 |
| Issue close date | 16 Dec 2024 |
| UPI mandate deadline | 16 Dec 2024 (5 PM) |
| Allotment finalization | 17 Dec 2024 |
| Refund initiation | 18 Dec 2024 |
| Share credit | 18 Dec 2024 |
| Listing date | 19 Dec 2024 |
| Mandate end date | 31 Dec 2024 |
| Lock-in end date for anchor investors (50%) | 16 Jan 2025 |
| Lock-in end date for anchor investors (remaining) | 17 Mar 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Yash High Voltage
Yash High Voltage Limited, founded in 2002, makes high-voltage electrical insulators and related parts. Headquartered in Vadodara, Gujarat, it serves various industries, including power distribution and transmission. The company is known for its innovative products, high-quality standards, and focus on customers, which have helped it grow its market share in India and other countries.
The company’s factory is in Savli, Gujarat, and it plans to expand to meet the increasing demand for high-voltage equipment.
Financials of Yash High Voltage
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹110.01 crores |
| Fresh Issue | ₹93.51 crores |
| Offer for Sale | ₹16.50 crores |
Utilisation of proceeds
| Purpose | INR crores |
| Land for new factory | 9.32 |
| Construction of factory building | 22.57 |
| Purchase of plant and machinery | 38.59 |
| Construction of Extra High Voltage (EHV) Testing Lab | 7.87 |
| Project Management Consultancy | 4.80 |
Strengths
- Strong market position in high-voltage insulator manufacturing.
- Growing global presence in 28+ countries.
- In-house R&D capabilities.
- Plans for capacity expansion to meet rising demand.
- Accredited with ISO 9001:2015 certification for quality standards.
Risks
- Dependence on power infrastructure projects.
- Compliance with stringent regulatory norms.
- Exposure to high competition.
- Vulnerability to economic slowdowns.
- Delay risks in manufacturing expansion.