Yesh Highvoltage Limited, a manufacturer and distributor of a wide range of transformer bushings, launched its Initial Public Offering (IPO) on Thursday, December 12, 2024. It is a highly preferred IPO because it has been subscribed to 136.38 times by 16 December on day 3rd of the IPO.
Here is everything you need to know about this IPO: GMP, Subscription, Price band, Allotment status, company financials, key dates, and more.
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Yesh Highvoltage Limited IPO GMP.
Yesh Highvoltage Limited IPO GMP is showing a robust performance which indicates a strong IPO. Last updated on 16th December, 2024 12:56 PM, Yesh Highvoltage Limited SME IPO’s GMP is playing at Rs 135. Because the price band of this company is Rs 146.00, the estimated listing price is Rs 281 which includes the price cap and today’s GMP, a 92.47% boost of the GMP.
Subscription Status Of The Three Days Of The IPO.
Day 1, December 12, 2024: On the first day of the IPO, it was subscribed 3.01 times where Qualified Institutional Buyers (QIBs) subscribed 0 times, Non Institutional Investors (NIIs) subscribed 2.54 times, and Retail Investors 4.94 times.
Day 2, December 13, 2024: On the second day of the IPO, it was subscribed 11.07 times where Retail Investors were highest subscribed 18.18 times, NIIs subscribed 9.43 times, and QIBs 0.2 times.
Day 3, December 16, 2024: Today on the third day of the IPO, The Yesh Highvoltage Limited IPO has subscribed to a total of 136.38 times where Non-Instititutional Investors (NIIs), Retail Investors, and Qualified Institutional Buyers (QIBs) subscribed 230.05 times, 123.19 times, and 89.21 times respectively.
Yesh Highvoltage Limited IPO Details.
Yesh Highvoltage Limited launched its IPO on Thursday, December 12, 2024, and will close after three days of bidding on Monday, December 16, 2024. Its price band is Rs 138 to Rs 146 per share. Including 64,05,000 shares of Fresh Issue aggregating up to Rs 93.51 cr, and 11,30,000 shares of Offer for Sale amounting to Rs 16.50 cr the total issue size of the shares includes 75,35,000 shares in this issue.
Yesh Highvoltage Limited offers 75,35,000 shares in this IPO, out of which 14,32,000 (19%) shares are reserved for QIBs, 10,74,000 (14.25%) shares are reserved for NIIs, and 25,06,000 (33.26%) shares are reserved for Retail Investors, and 21,46,000 (28.48%) shares are reserved for Anchored Investors.
One lot of the shares include 1,000 shares, so retail investors will require the minimum or maximum amount of investment of Rs 1,46,000, and because NHI can have a minimum of 2 lots of around 2,000 shares costing Rs 2,92,000.
You will be refunded on Wednesday, December 18, 2024, if you have not been allotted the shares, and the one who has been selected in this IPO, Shares will be credited to his Demet account on Wednesday, December 18, 2024. Yesh Highvoltage Limited IPO will be listed on the exchange BSE SME on Thursday, December 19, 2024.
Allotment Status.
Yesh Highvoltage Limited allotment status is not available currently. Yes, High voltage allotment status will be available once the basis of allotment is finalized. Please revisit this link to check the allotment status of Yesh Highvoltage Limited.
About Yesh Highvoltage Limited.
Incorporated in June 2002, Yesh Highvoltage has expertise in the manufacturing and distributing of a wide range of transformer bushings. The company portfolio includes Oil Impregnated Paper (OIP) condenser bushings, Resin Impregnated Paper (RIP), Resin Impregnated synthetic (RIS) condenser bushings, high-voltage and high-current bushings, Oil wall bushings, oil-to-oil bushings. The company also provides repair, retrofitting, and replacement services for old bushings.
The objective behind this IPO is to set up a new factory to manufacture impregnated paper for corporate purposes.
Yesh Highvoltage Limited Financials.
Yesh Highvoltage Limited’s revenue increased by 20.43% and profit after tax (PAT) grew by 5.61% between the financial year ending with March 31, 2024, and March 31, 2023.
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