Yash Highvoltage SME IPO Details, Financials, Valuation & Peers
Explore Yash Highvoltage IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Yash Highvoltage Limited is a manufacturer and distributor of a wide range of transformer bushings, including Oil Impregnated Paper (OIP) condenser bushings, Resin Impregnated Paper (RIP)/Resin Impregnated Synthetic (RIS) condenser bushings, high-voltage and high-current bushings, OIP wall bushings, and oil-to-oil bushings. The company also offers comprehensive services such as repairing, retrofitting, and replacing old bushings, along with on-site and off-site technical testing, analysis, and repair services. The company operates out of its corporate office in Vadodara, Gujarat, with a manufacturing facility capable of producing 7,000 bushings annually, equipped with in-house quality testing facilities. Yash Highvoltage Limited is an approved vendor for several Indian Government enterprises and large private companies in the power sector.
Key Points:
- Product Expertise
- Comprehensive product range including OIP, RIP/RIS, high-voltage, and high-current bushings.
- Critical accessory in power transmission, ensuring safe operation and preventing catastrophic failures.
- Technical Capabilities
- In-house manufacturing facility with an annual installed capacity of 7,000 bushings, including:
- 3,700 OIP bushings.
- 3,000 RIP bushings.
- 300 high-current bushings.
- Equipped with modern quality testing infrastructure.
- In-house manufacturing facility with an annual installed capacity of 7,000 bushings, including:
- Industry Leadership
- Approved vendor for Indian Government enterprises and major private power sector companies.
- Known for engineering excellence and high-performance products.
- Comprehensive Services
- Repairing, retrofitting, and replacement of old bushings.
- Technical testing, analysis, and repair services provided by experienced engineers.
- Market Significance
- Bushings are mission-critical for transformer functionality and safety, playing a pivotal role in the power transmission value chain.
- Products ensure voltage insulation, structural stability, thermal management, and compliance with international standards.
Objects of the Issue
- Setting up a new factory to manufacture Resin Impregnated Paper (RIP) / Resin Impregnated Synthetic (RIS) transformer condenser graded bushings
- General Corporate Purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 12 Dec - 16 Dec 2024 |
| IPO Price Band | ₹138 - ₹146 per share |
| Fresh Issue | 64,05,000 shares (₹93.51 crore) |
| Offer For Sale | 11,30,000 shares (₹16.50 crore) |
| Total IPO Size | ₹110.01 crore |
| Face Value | ₹5 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 12 Dec 2024 |
| IPO Closing Date | 16 Dec 2024 |
| Basis Of Allotment | 17 Dec 2024 |
| Refunds | 18 Dec 2024 |
| Demat Transfer | 18 Dec 2024 |
| IPO Listing Date | 19 Dec 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Jun 2024 |
|---|---|---|---|---|
| Total Income | 65.38 | 90.61 | 109.12 | 27.78 |
| Total Expenses | 52.96 | 74.38 | 92.63 | 23.47 |
| Net Profit/Loss | 8.71 | 11.42 | 12.06 | 3.13 |
| NPM (*) | 13.39 | 12.64 | 11.12 | 11.32 |
| Total Assets | 43.16 | 59.15 | 70.39 | 80.84 |
| Total Liabilities | 18.65 | 27.06 | 28.26 | 35.58 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Jun 2024 |
|---|---|---|---|---|
| EPS | 3.93 | 5.16 | 5.45 | 1.41 |
| ROE (%) | 42.02 | 40.37 | 32.51 | 7.16 |
| ROCE (%) | 54.90 | 54.17 | 44.07 | 10.56 |
| D/E Ratio | 0.30 | 0.24 | 0.17 | 0.28 |
| Current Ratio | 1.93 | 1.79 | 1.71 | 1.63 |
| EBITDA MARGIN (%) | 22.31 | 21.20 | 18.58 | 18.91 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Yash Highvoltage Limited | 108.48 | 26.79 | 5.45 | 32.51 | 19.03 |
| Crompton Greaves Power and Industrial Solutions Limited | 8,046.00 | 78.53 | 9.33 | 47.29 | 19.76 |
| Hitachi Energy India Limited | 5,246.80 | 309.78 | 38.64 | 13 | 320.86 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 123.7 |
| Non-Institutional Investor (NII/HNI) | 330.03 |
| Retail Individual Investor (RII) | 151.52 |
| Total | 181.82 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- MR. KEYUR GIRISHCHANDRA SHAH
Lead Managers
- INDORIENT FINANCIAL SERVICES LIMITED
Company Address
Yash Highvoltage Limited
84/1B, PO Khakharia, Taluka- Savli, Vadodara 391510, Gujarat, India
Phone: +91 74900 28892
Email: cs@yashhv.com
Website: www.yashhv.com
FAQs
- What is the issue size of the Yash Highvoltage SME IPO?The Yash Highvoltage SME IPO has an issue size of ₹110.01 crore. This includes a fresh issue of 64,05,000 shares (₹93.51 crore) and an offer for sale (OFS) of 11,30,000 shares (₹16.50 crore).
- What is the price band of the Yash Highvoltage IPO?The price band for the Yash Highvoltage IPO is ₹138 - ₹146 per share.
- What are the bidding dates for the Yash Highvoltage IPO?The Yash Highvoltage IPO will open for bidding on 12 Dec 2024 and close on 16 Dec 2024.
- What is the allotment date for the Yash Highvoltage IPO?The allotment date for the Yash Highvoltage IPO is 17 Dec 2024.
- What is the minimum lot size and investment required for the Yash Highvoltage IPO?The minimum lot size for the Yash Highvoltage IPO is 1000 shares and the minimum investment required is ₹1,46,000.
- What is the listing date for the Yash Highvoltage IPO?The listing date for the Yash Highvoltage IPO is 19 Dec 2024.
- What is the Yash Highvoltage IPO grey market premium?The grey market premium (GMP) for the Yash Highvoltage IPO is currently at ₹152, with an expected listing gain of approximately 104.11%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.