Yash HighVoltage IPO Allotment Status: Check Allotment Status Online on BSE SME & BigShare Services
Yash Highvoltage Limited, a company that specializes in manufacturing and distributing a wide range of transformer bushings, conducted its IPO from December 12 to 16, 2024. The allotment of shares is likely to happen today, December 17, 2024.
Yash HighVoltage IPO Details
The IPO has an issue size of ₹110.01 crores, comprising ₹93.51 crores through a fresh issue and the remaining ₹16.50 crores via an offer for sale. The price band is set between ₹138 and ₹146 per share, with a face value of ₹5 per equity share. The market lot consists of 1,000 shares, requiring a minimum investment of ₹146,000 at the upper price band. The IPO opened on December 12 and closed on December 16, 2024. The allotment date is scheduled for Today, December 17, 2024, with refund initiation on December 18, 2024. The shares will be listed on the BSE SME platform on December 19, 2024.
Checking the Allotment Status
Steps to Check Allotment Status on BSE
- Visit the IPO allotment page on the BSE website here.
- Select the issue type as 'Equity.'
- Select 'Yash Highvoltage Ltd.' from the dropdown menu.
- Enter your application number or PAN (Permanent Account Number).
- Clear the 'Captcha' to verify that you are not a robot.
- Click on the 'Search' option to see your allotment status.
Steps to Check Allotment Status on BigShare Services
- Visit the IPO allotment page on BigShare Services Pvt here.
- Choose one server among the three.
- Select 'Yash Highvoltage Ltd.' from the dropdown menu of Company Selection.
- Select any of the three Application No., Beneficiary ID, or PAN from the selection type dropdown.
- Enter the details as per your selection.
- Enter Captcha.
- Click Search to get details of your allotment status.
Yash HighVoltage Business Overview
Incorporated in June 2002, Yash Highvoltage Limited specializes in the manufacturing and distribution of a diverse range of transformer bushings. Its product portfolio includes Oil-Impregnated Paper (OIP) condenser bushings, Resin-Impregnated Paper (RIP) and Resin-Impregnated Synthetic (RIS) condenser bushings, high-voltage and high-current bushings, OIP wall bushings, and oil-to-oil bushings. Additionally, the company offers repair, retrofitting, and replacement services for old bushings.
Yash HighVoltage IPO Day 3 Subscription Status
(December 16, 2024, End of Day)
On the third day of bidding, the Yash HighVoltage IPO achieved a subscription rate of 181.82 times the total shares available. The Non-Institutional Investors (NIIs) subscribed 330.03 times their allotted quota. The Retail Investors segment subscriptions reached 151.52 times their allocation. Similarly, the Qualified Institutional Buyers (QIBs) recorded a subscription level of 123.7 times.
Utilization of IPO Proceeds
The Net Proceeds of the Fresh Issue are intended to be utilized for setting up a new factory for manufacturing Resin Impregnated Paper (RIP) and Resin Impregnated Synthetic (RIS) transformer condenser-graded bushings and for general corporate purposes.