Close Menu
PNN DigitalPNN Digital
    Facebook X (Twitter) Instagram
    PNN DigitalPNN Digital
    • Business
    • National
    • Entertainment
    • Lifestyle
    • Education
    • Press Release
    • Submit Your PR
    PNN DigitalPNN Digital
    Home - Business - Yash Highvoltage Limited IPO Opens on December 12, 2024
    Business

    Yash Highvoltage Limited IPO Opens on December 12, 2024

    NaquiyahBy NaquiyahDecember 11, 2024No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Yash
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Mumbai (Maharashtra) [India], December 10: Yash Highvoltage Limited, one of the leading manufacturers and distributors of High voltage and High current transformer bushings, proposes to open its Initial Public Offering on December 12, 2024. The company aims to raise up to ₹110.01 crore, with the shares to be listed on the BSE SME platform.

    Equity Share Allocation

    ● QIB Anchor Portion: Up to 21,46,000 Equity Shares

    ● Qualified Institutional Buyers: Up to 14,32,000 Equity Shares

    ● Non-Institutional Investors: At least 10,74,000 Equity Shares

    ● Retail Individual Investors: At least 25,06,000 Equity Shares

    ● Market Maker: 3,77,000 Equity Shares

    The net proceeds from the Issue will be utilised for setting up a new factory to manufacture Resin Impregnated Paper (RIP)& Resin Impregnated Synthetic (RIS) transformer condenser-graded bushings and general corporate purposes. The anchor bidding will open on December 11, 2024, and the issue will close on December 16, 2024.

    Indorient Financial Services Limited is the Book Running Lead Manager of the Issue, while Bigshare Services Private Limited is the Registrar of the Issue.

    Mr. Keyur Girishchandra Shah, Chairman & Managing Director of Yash Highvoltage Limited, expressed, “This IPO marks a transformative chapter in the journey of Yash Highvoltage Limited, highlighting our commitment to growth and excellence in delivering cutting-edge solutions to the energy sector. Over the years, we have earned a reputation as one of the prominent manufacturers of high-quality transformer bushings, consistently addressing the evolving needs of the industry.

    The proceeds from this IPO will empower us to expand our manufacturing capabilities with the establishment of a state-of-the-art facility for Resin Impregnated Paper (RIP) and Resin Impregnated Synthetic (RIS) bushings. This endeavour affirms our dedication to driving efficiency, maintaining the highest quality standards, and delivering unmatched customer satisfaction as we continue to lead in the energy infrastructure space.

    Mr. Soumya Padhi, Managing Director & CEO of Indorient Financial Services Limited, said, “We are delighted to be a part of the company’s journey as it prepares to launch its Initial Public Offering. The company has established itself in the transformer bushing industry and is known for its high-quality products and innovative solutions that cater to the growing demands of the energy sector.

    With the energy sector poised for significant growth, particularly in renewable energy and infrastructure development, this IPO provides the company with the resources to expand its manufacturing capabilities and will enable it to capitalise on the industry’s expansion while meeting the evolving needs of its customers.

    Given the promising outlook for the industry and the company’s proven track record, we believe this IPO presents a compelling opportunity for growth and long-term success.”

    If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

    2024 December 12 IPO Opens Yash Highvoltage Limited
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Naquiyah

      Related Posts

      Aarvi Encon Launches Operations in Saudi Arabia — Ready to Support the Kingdom’s Ambitious Growth

      June 7, 2025

      First poster of Gujarati movie Deda unveiled

      June 7, 2025

      H.M. Electro Mech Limited Net Profit in FY25 rise 4.25% to Rs. 8.35 crore

      June 7, 2025
      Add A Comment

      Comments are closed.

      Recent Posts
      • Aarvi Encon Launches Operations in Saudi Arabia — Ready to Support the Kingdom’s Ambitious Growth
      • First poster of Gujarati movie Deda unveiled
      • H.M. Electro Mech Limited Net Profit in FY25 rise 4.25% to Rs. 8.35 crore
      • Morari Bapu Becomes An Inspiration For Environmental Action
      • Zaina Goel: A Writer Who Writes With Her Soul

      Aarvi Encon Launches Operations in Saudi Arabia — Ready to Support the Kingdom’s Ambitious Growth

      June 7, 2025

      First poster of Gujarati movie Deda unveiled

      June 7, 2025

      H.M. Electro Mech Limited Net Profit in FY25 rise 4.25% to Rs. 8.35 crore

      June 7, 2025

      Morari Bapu Becomes An Inspiration For Environmental Action

      June 7, 2025

      Zaina Goel: A Writer Who Writes With Her Soul

      June 7, 2025

      CBDM India 2025 to Boost Health Resilience, Local Disaster Readiness

      June 7, 2025
      PNN Digital
      2025 © pnn.digital

      Type above and press Enter to search. Press Esc to cancel.