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15 Days Price Change

Yash Highvoltage IPO

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Issue Size --
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Price Range 138  to  146 per share
Profile
Min Investment ₹146
Profile
Lot Size 1
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Face Value ₹5
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Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Yash Highvoltage Limited, founded in June 2002, specializes in the manufacturing and distribution of a wide range of transformer bushings. Its product lineup 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 older bushings. Based in Vadodara, Gujarat, Yash Highvoltage operates a manufacturing facility with an annual production capacity of 7,000 bushings, consisting of 3,700 OIP bushings, 3,000 RIP bushings, and 300 high-current bushings. The factory is fully equipped with in-house quality testing facilities. As of November 30, 2024, the company employs 157 full-time staff members. Yash Highvoltage enjoys a unique position in the Indian transformer bushing market, with growing demand driven by strong industry trends. Its proven track record in supply and installation creates significant entry barriers for potential competitors. Read More

Basic Info

Face Value 5 per share

Price 138  to  146 per share

P/E (x) 16.4

Sales( Cr.) 150

PAT( Cr.) 21

EPS 8.9

Draft Prospectus --

Exchange BSE-SME

Promoter

Company Promoters

Mr. Keyur Girishchandra Shah.

Pre Issue Share Holding 79.48%

Post Issue Share Holding --%

Listing Details:

Listing Price: 277.4

Listing Gain: 47.37%

Current Price: 730

Gain On Issue: 730 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Dec 12, 2024
Closing Date Dec 16, 2024
Allotment Dec 17, 2024
Refund Dec 18, 2024
Delivery of Shares Dec 18, 2024
Listing Date Dec 19, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1000 146,000
Retail (Max) 1 1000 146,000
S-HNI (Min) 2 2000 292,000
S-HNI (Max) 6 6000 876,000
B-HNI (Min) 7 7000 1,022,000

Objective of the Issue

The Net Proceeds of the Fresh Issue, i.e. Gross Proceeds of the Fresh Issue less Issue expenses apportioned to the Company (& amp amp amp amp amp amp amp amp quot Net Proceeds& amp amp amp amp amp amp amp amp quot ) are proposed to be utilised for the following objects: 1. Setting up a new factory to manufacture Resin Impregnated Paper (RIP) / Resin Impregnated Synthetic (RIS) transformer condenser graded bushings 2. General Corporate Purposes

Issue

Category Nos Bid Bid (x)
QIB 3767500 466039750 123.7x
NII 1130250 373016408 330x
Retail 2637250 399596120 151.5x
EMP 0 0 0x
Total 7535000 1370013700 181.8x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Yash Highvoltage Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 6 6 6 8 12 65 90 108 150
Other Income 0 0 0 0 0 0 0 1 2
Total Income 6 6 6 9 12 65 91 109 152
Total Expenditure 5 5 5 7 10 51 71 87 118
Operating Profit 1 1 1 1 2 15 19 22 34
Interest 0 0 1 1 0 1 1 2 3
Depreciation 0 0 1 0 1 1 2 2 3
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 1 12 16 18 28
Provision for Tax 0 0 0 0 0 4 5 5 7
Profit After Tax 0 0 0 0 1 9 11 12 21
Adjustments 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 1 9 11 12 21
Adjusted Earnings Per Share 0.3 0.1 0 0.3 0.3 3.9 5.2 5.6 7.5

Yash Highvoltage Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1 1 1 2 3 25 32 42 148
Minority's Interest 0 0 0 0 0 0 0 0 0
Borrowings 1 1 1 2 3 4 4 5 6
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 1
Total Current Liabilities 3 5 5 5 8 15 22 23 48
Total Liabilities 5 7 7 8 14 43 59 70 202
Fixed Assets 2 3 4 4 6 14 17 18 41
Other Non-Current Assets 0 1 0 0 0 0 2 13 24
Total Current Assets 2 3 3 5 8 28 40 39 138
Total Assets 5 7 7 8 14 43 59 70 202

Yash Highvoltage Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 2 2 2 3
Cash Flow from Operating Activities 0 1 1 -1 2 7 9 14 9
Cash Flow from Investing Activities -0 -2 -1 0 -3 -10 -4 -9 -84
Cash Flow from Financing Activities -0 1 -0 0 1 3 -5 -5 97
Net Cash Inflow / Outflow -0 0 -0 -0 0 0 0 0 22
Closing Cash & Cash Equivalent 0 0 0 0 0 2 2 3 25

Yash Highvoltage Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.27 0.14 0.04 0.26 0.34 3.93 5.16 5.57 7.5
CEPS(Rs) 0.52 0.41 0.51 0.65 0.67 4.56 6.07 6.57 8.45
DPS(Rs) 0 0 0 0 0 1.17 1.47 0 1
Book NAV/Share(Rs) 0.83 0.97 1.01 1.27 1.55 11.07 14.49 18.88 51.68
Core EBITDA Margin(%) 16.81 14 17.67 14.49 12.68 22.31 21.2 19.82 21.31
EBIT Margin(%) 12.43 10.57 10.17 10.62 9.08 20.68 19.23 18.36 20.85
Pre Tax Margin(%) 7.05 3.29 2.14 4.56 5.37 19.09 17.97 16.35 18.75
PAT Margin (%) 4.8 2.6 0.76 3.27 4.27 13.39 12.64 11.36 14.26
Cash Profit Margin (%) 9.22 7.41 8.83 8.3 8.46 15.51 14.89 13.42 16.07
ROA(%) 7.02 2.98 0.74 3.95 5 30.6 22.4 19.06 15.69
ROE(%) 32.65 16.08 4.43 22.62 27.41 64.39 40.37 33.37 22.61
ROCE(%) 25.08 16.49 12.86 17.87 18.28 68.06 48.4 44.9 28.57
Receivable days 71.36 81.49 64.16 72.37 94.52 37.26 52.3 48.73 49.01
Inventory Days 45.34 48.37 48.07 40.75 51.64 41.76 58.17 64.02 62.37
Payable days 150.14 175.27 168.93 137.08 224 69.22 84.8 99 82.77
PER(x) 0 0 0 0 0 0 0 0 20.71
Price/Book(x) 0 0 0 0 0 0 0 0 3.01
Dividend Yield(%) 0 0 0 0 0 0 0 0 0.64
EV/Net Sales(x) 0.4 0.66 0.74 0.47 0.44 0.08 0.05 0.07 2.63
EV/Core EBITDA(x) 2.16 3.91 3.69 2.75 3.03 0.34 0.25 0.34 11.6
Net Sales Growth(%) 0 -0.27 3.81 35.72 39.71 450.24 38.9 20.05 38.4
EBIT Growth(%) 0 -16.04 0.23 42.06 19.59 1037.1 29.18 14.64 57.11
PAT Growth(%) 0 -46.43 -69.63 486.35 82.35 1466.96 31.1 7.94 73.64
EPS Growth(%) 0 -46.43 -69.63 486.35 31.07 1064.09 31.11 7.94 34.69
Debt/Equity(x) 2.37 3.46 3.77 2.57 1.96 0.3 0.24 0.17 0.15
Current Ratio(x) 0.96 0.68 0.62 1.01 0.96 1.93 1.79 1.69 2.88
Quick Ratio(x) 0.63 0.48 0.42 0.75 0.65 1.08 1.05 0.75 2.26
Interest Cover(x) 2.31 1.45 1.27 1.75 2.45 12.98 15.19 9.11 9.93
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0.05

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 39% 32% 80% 0%
Operating Profit CAGR 55% 31% 102% 0%
PAT CAGR 75% 33% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 172% NA% NA% NA%
ROE Average 23% 32% 38% 29%
ROCE Average 29% 41% 42% 31%

Company Contact Information

Yash Highvoltage Ltd.

84/1 B, Po Khakharia Taluka. Savli

IPO Lead Manager(s)

Yash Highvoltage Ltd.

Indorient Financial Services Ltd.

Registrar Info

Yash Highvoltage Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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