Yash Highvoltage IPO – Review, Allotment Status, Subscription, Price, Date & more

The Yash Highvoltage IPO is launching soon. Yash High Voltage Limited, an electrical company based in Gujarat is all set to float an IPO. Let’s have a detailed review of Yash High Voltage Limited IPO and an in-depth analysis of the IPO release date, IPO offer price, Yash High Voltage Limited IPO subscription, IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things.


Yash Highvoltage IPO Review & Ratings

Yash Highvoltage IPO Ratings & Review
CriteriaRatings
Industry Sentiments 6.1/10
Industry Ranking6.3/10
Company Background6.1/10
Company Reputation6.4/10
Competitive Edge6.2/10
Financial Statements6.0/10
Popularity Index6.1/10
Promoters Reputation6.2/10
Retail Appetite6.4/10
Top Brokers Review6.2/10
Overall Ratings6.2/10
Star Ratings★★★☆☆

Summary of Yash Highvoltage Limited IPO

yash highvoltage ipoHigh Current Bushings, Oil Impregnated Paper (OIP) Condenser Bushings, Resin Impregnated Paper (RIP) Condenser Bushings, Fibre Glass Cylinders/ Fibre Reinforced Plastic (FRP) Cylinders, Fibre Glass End Ring are some of the major products that are being manufactured by this company. The company is floating an IPO to raise fund.

This is a steadily growing company and you need not think too much before you plan to get some shares from Yash High Voltage. The equity shares in the offering is around 9,10,000 shares out of which 8,64,000 shares are up for net issue to the public and 46,000 shares are reserved for market makers.

The promoters of the company are

  • Keyur Girishchandra Shah
  • Twinkle Keyur Shah

The lead manager to the issue is Hem Securities Limited and the registrar to the issue is BigShare Services Private Limited.


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Yash Highvoltage Limited IPO date

The opening and the closing date of the Yash High Voltage Limited is not known yet.

Yash Highvoltage Limited IPO Subscription

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Yash Highvoltage Limited IPO Allotment Status

The IPO issue date has not been announced yet. Once the IPO date has been issued, the subscription details will be updated regularly. Since the issue date has not been fixed yet, the Allotment Status is not out. The Allotment status will be announced about 3-4 weeks of the IPO issue date.

Yash Highvoltage IPO Price Band

The face value of each share is Rs 10 but the price band of the IPO is Rs x per share.

Yash Highvoltage IPO Issue Size

The Yash High Voltage Limited Issue Size is not published yet. It is in news that thier issue size will be close to Rs.100 Cr.

Yash Highvoltage IPO Equity Share Offerings

The equity shares in the offering are around 9,10,000 shares out of which 8,64,000 shares are up for net issue to the public and 46,000 shares are reserved for market makers.


Yash Highvoltage Limited-Company Overview

Yash High voltage Insulators Private Limited is the original name of the company. The vide Registration Certificate No. 04-040833. The company was started in the year 2002. Company is one of the most preferred providers for extra high voltage insulators and bushings. Yash Highvoltage has the best learning environment that fosters constant creation. There is excellent infrastructure in the company.

The company has taken up many projects of the central government; the projects received excellent client feedback too. The company is constantly in partnership with the government. The government is also happy with the service of the company. One can benefit by buying some shares of this firm. This company is also known to produce products of international reputation. The company works for about six days a week; this shows their sincerity towards delivering the product at the right time.

The Key Management Personnel of the company are:

  • Keyur Girishchandra Shah, Chairman and MD
  • Sagar Natvarlal Tailor, Company Secretary and Compliance Officer
  • Mr. Jignesh Ashok kumar Thakor, Chief Financial Officer

Competitive Strengths of Yash Highvoltage:

  • Wide presence in the segment of transformer bushings
  • Presence in international markets
  • In house inspection and test facilities
  • Certifications and compliance with Quality Standards
  • Experienced management team and a motivated & efficient work force

Business strategies of Yash Highvoltage:

  • Improving operational efficiency and product quality
  • Focus on consistently meeting quality standards
  • To build-up a professional organization
  • Develop cordial relationship with our Suppliers, Customer and employees

Yash Highvoltage Limited-Financial Statements

Have a look at the Financial Stability of the company before you invest in it.

Assets of the Company

Asstes (in INR Lacs)
 Mar-17Mar-16Mar-15Mar-14Mar-13
Non-current assets624360433388215
Current assets687471279307240
Total Assets1391831712695456

Revenue & PAT of the Company

Revenue & Profits (in INR & Lakh)
 Mar-17Mar-16Mar-15Mar-14Mar-13
Revenue13711190857627610
Profit After Tax321753056

Earnings per Equity Share

Earning per Equity Share (in INR)
 Mar-17Mar-16Mar-15Mar-14Mar-13
Basic 1.040.321.863.295.24
Diluted1.040.321.863.295.24

The figures above do not depict a very progressive picture about the company’s performance. A steep dip in the profit margin can be seen and hence may not be a very good investment venture.


Yash Highvoltage Limited-Promoters

The promoters of the company are

  • Keyur Girishchandra Shah
  • Twinkle Keyur Shah

Payment or Benefit to the Promoter of the company

There are no cases that the people of the company are involved that they are in a pressure situation to sell off one’s property.

Interest in the promotion of the company

The promoters have worked together to promote the company in all means apart from the buying of equity shares.

Interest in property of the company

The promoters do not have any interest in the property of the company. They manage the resources but are never interested in the property.

Interest as a creditor

The promoters of the company have not availed any loans using the company name.

Interest in transactions involving the acquisition of land

There are many transactions involved in the acquisition of land for the company and the company is seen to disapprove its interest.


Yash Highvoltage IPO Offer Details or Issue Details

 Particulars No. Of Equity Shares
 Equity Shares Offered9,10,000 Equity Shares having to Face Value of ` 10/- each at a Premium of ` [●] per share
 Of which:
 Reserved for Market Makers 46,000 Equity Shares having to Face Value of ` 10/- each at a Premium of ` [●] per share.
 Net Issue to the Public8,64,000 Equity Shares having to Face Value of ` 10/- each at a Premium of ` [●] per share
 Of which:
 Retail Investors Portion4,32,000 Equity Shares of ` 10/- each at a premium of ` [●] per share will be available for allocation for allotment to Retail Individual Investors of up to ` 2.00 Lacs
 Non-Retail Investors Portion 4,32,000 Equity Shares of ` 10/- each at a premium of ` [●] per share will be available for allocation for allotment to other Investors above ` 2.00 Lacs.
 Equity Shares outstanding prior to the Issue22,85,370 Equity Shares of face value of ` 10 each
 Equity Shares outstanding after the Issue 30,41,370 Equity Shares of face value of ` 10 each

Yash Highvoltage Limited IPO Issue Object

These are the IPO Issue Objects

  • Prepayment or repayment of a portion of Secured Loan availed by the Company
  • Construction of testing laboratory and extension of a factory building on existing premises and purchase of specialized testing equipment
  • General Corporate Purpose

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Yash Highvoltage IPO Basis for Offer Price

The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors. The face value of the equity share is Rs 10 and issue price is Rs x per equity share and x times the face value of the equity shares.

Qualitative factors are:

  • Wide Presence in the segment of transformer bushings
  • Presence in international markets
  • In-house inspection and test facilities
  • Certifications and compliance with Quality Standards
  • The experienced Management team and a motivated & efficient workforce

The relevant quantitative factors are:

  • Basic & Diluted Earnings per share (EPS) based on Restated Financial Statements
  • Price Earning (P/E) Ratio in relation to the Issue Price of [] per share
  • Peer Group P/E
  • Return on Net worth (RoNW)
  • Minimum Return on Net Worth after Issue to maintain Pre- Issue EPS
  • Comparison of Accounting Ratios with Listed Industry Peers

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 Yash Highvoltage Limited IPO Registrar to the Issue

Registrar to the Issue
Bigshare Services Private Limited

Yash Highvoltage IPO Lead Manager

Lead manager to the issue
Hem Securities Limited

Yash Highvoltage IPO Review by Top 10 Stock Brokers

Top Stock Brokers ReviewCompany Repu-tationCompe-titive EdgeFinan-cial State-mentPopu-larity IndexPromo-ters Repu-tation
Angel Broking6.3/106.1/106.1/106.1/106.1/10
Sharekhan6.2/106.1/106.2/106.1/106.2/10
Kotak Securities6.3/106.0/106.2/106.2/106.2/10
ICICI Direct6.3/106.1/106.3/106.1/106.1/10
IIFL6.6/106.0/106.3/106.3/106.3/10
Edelweiss6.3/106.1/106.1/106.1/106.2/10
Zerodha6.3/106.0/106.2/106.2/106.2/10
5Paisa6.3/106.1/106.1/106.1/106.1/10
Karvy6.3/106.1/106.2/106.1/106.1/10
Motilal Oswal6.3/106.1/106.2/106.1/106.2/10

Yash Highvoltage IPO Grey Market Premium

The Grey Market will open 15 days before the release of the IPO and the Premium details will be uploaded upon opening of the grey market.


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