Yash HighVoltage IPO Subscribed over 11.17x on its second day of subscription

Yash HighVoltage IPO Subscribed over 11.17x on its second day of subscription wherein QIB subscribed 0.20, NII subscribed 9.43x, and RII subscribed 18.18x.

Yash HighVoltage subscription started on Thursday, December 12, 2024, and will close on December 16, 2024, as per the schedule. The price band is set at ₹138 to ₹146 per share with a face value of ₹5.

Yash HighVoltage IPO Subscription Status

Yash HighVoltage IPO Subscribed over 11.17x on its second day till 5.00 PM on 13th December.

  • Yash HighVoltage IPO subscription QIB investors portion is 0.20 times, while NII subscribed 9.43 times and RII investors subscribed 18.18 times.
  • The company has received bids for 5,59,78,000 shares against 50,12,000 shares on offer on the second day of subscription.
  • Yash HighVoltage IPO Subscribed over 11.17x on its second day. 
  • Yash HighVoltage IPO Subscribed over 3.01x on its first day.

About Yash HighVoltage Company

Yash Highvoltage Limited incorporated in 2002, works as the production and distribution of a wide range of transformers bushing. Their products consist of various transformer bushings such as 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. Yash Highvoltage Limited also offers incredible services like repairing, retrofitting, and replacing old bushings for customers. Moreover, they also offer incredible engineers, who provide services of transformer bushing on-site as well as off-site. With an installed capacity of 7,000 units per year, their manufacturing plant can create 3,700 OIP Bushings, 3,00.

Yash HighVoltage Financial Report

The company reported revenue of ₹108.48 crores in 2024 against ₹90.36 crores in 2023. The company reported Profit of ₹12.06 crores in 2024 against Profit of ₹11.42 crores in 2023.

Yash HighVoltage IPO GMP:  

Yash HighVoltage IPO GMP was ₹110 as of Friday, December 13th. That indicates the IPO is trading at ₹256 with ₹110 premium in the grey market against the issue price of ₹146.

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