Yash Highvoltage IPO

Yash Highvoltage Ltd

₹1,38,000 /1000 sharesMinimum Investment

Yash Highvoltage IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
12 Dec ‘24 - 16 Dec ‘24₹1,38,0001,000₹138 - ₹146
Issue SizeIPO Doc
110.01Cr
RHP PDF

Subscription rate

As of 12 Dec'24, 06:00 PM
Qualified Institutional Buyers0.00209497206703911x
Non-Institutional Investor1.87801516195727x
Retail Individual Investor4.93695131683959x
Total2.8x

About Yash Highvoltage

Yash Highvoltage Limited is a manufacturer and distributor of a wide range of transformer bushings – oil impregnated paper (OIP) condenser bushing, resin impregnated paper (RIP) / resin impregnated synthetic (RIS) condenser bushing, high voltage and high current bushing, OIP wall bushing and oil to oil bushing. The company also undertakes repairing, retrofitting and replacement services of old bushings. It provides on-site/off-site technical testing, analysis and repair services for bushings. Originally incorporated as Yash Highvoltage Insulators Private Limited in 2002 by a group of technocrats to manufacture fibre-reinforced polymer cylinders and high-current bushing products, it was taken over by Keyur Shah in 2008. The company’s corporate office and manufacturing unit are located in Vadodara, Gujarat. The manufacturing unit has an annual installed capacity to produce a total of 7,000 bushings – 3,700 units of OIP bushings, 3,000 units of RIP bushings and 300 units of high-current bushings. The company is on the approved vendor list of certain government of India-led enterprises and large private companies engaged in the power sector.;
Founded in
2002
Managing director
Mr. Keyur Girishchandra Shah
Parent organisation
Yash Highvoltage Ltd

Strengths & Financials of Yash Highvoltage

Strengths
Risks
Yash Highvoltage has two in-house electromagnetically shielded high voltage AC & impulse testing laboratories of the following ratings • 300kV AC Testing Laboratory. • 600kV AC & 1500kVp Impulse Testing Laboratory.
The company claims to be a dominant market player in manufacturing OIP condenser bushings of up to 245kV and high current bushings of up to 25,000 amps. It claims to have pioneered the localisation of explosion-proof and advanced RIP/RIS bushings through a technology partnership with a Switzerland-based company which is a pioneer in the field of solid insulation.
The rising demand for power in India, the ‘Make in India’ initiative of the government and the electrification of railways are tailwinds for the company.
Over the past 15 years, the company has gained vital experience and has built up a track record in the distribution and installation of bushings globally. From Fiscal 2022 to 2024, its bushing volumes have grown at a CAGR of 19%. It has exported to about 24 countries during this period.
The company has added about 98 new clients in FY24 and FY23.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 65.06 crore in FY22 to Rs 90.36 crore in FY23 to Rs 108.48 crore in FY24. PAT increased from Rs 8.71 crore in FY22 to Rs 11.42 crore in FY23 to Rs 12.06 crore in FY24.

Yash Highvoltage Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Yash Highvoltage IPO

Apply asPrice bandApply upto
Regular138 - 146₹2 Lakh
High Networth Individual138 - 146₹2 - 5 Lakh
For Yash Highvoltage IPO, eligible investors can apply as Regular.
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