Yash High Voltage IPO GMP Today: All You Need to Know
The Yash High Voltage IPO has garnered significant attention from investors in the SME IPO market. This IPO, set to open for bidding on December 12, 2024, has a price band of ₹138-₹146 per share. Investors are closely tracking the Yash High Voltage IPO GMP today as it indicates the market’s demand and potential listing gains.
This article will discuss the IPO details, Yash High Voltage IPO GMP price, review, and other key insights.
Yash High Voltage IPO Overview
Yash High Voltage Limited specialises in manufacturing transformer bushings, including Oil-Impregnated Paper (OIP) and Resin-Impregnated Paper (RIP) bushings. Established in 2002, the company operates a state-of-the-art facility in Vadodara, Gujarat, with an annual production capacity of 7,000 units.
Key IPO Details
IPO Open Date | December 12, 2024 |
IPO Close Date | December 16, 2024 |
Price Band | ₹138 – ₹146 per share |
Minimum Lot Size | 1,000 Shares |
Minimum Investment | ₹146,000 |
Issue Size | ₹110.01 Cr |
Fresh Issue | ₹93.51 Cr |
Offer for Sale | ₹16.50 Cr |
Listing Date | December 19, 2024 (Tentative) |
Listing Exchange | BSE SME |
For a deeper understanding of Offer for Sale (OFS) and IPO structures, check out our detailed guide: OFS vs IPO Differences.
Yash High Voltage IPO GMP Price
The Grey Market Premium (GMP) is an unofficial price at which the IPO shares trade before the listing. As of now, the Yash High Voltage IPO GMP price stands at approximately ₹42-₹50 per share. This indicates strong investor interest and potential listing gains.
Note: The GMP may fluctuate based on market sentiment and subscription levels. Track real-time GMP updates here: IPO GMP Grey Market Premium.
What Does the GMP Mean for Investors?
- A positive GMP suggests high demand and strong listing potential.
- A lower GMP can indicate lukewarm interest or market volatility.
Investors are advised to review GMP trends alongside the IPO fundamentals for an informed decision.
Yash High Voltage IPO Review
Competitive Strengths
- Strong Market Position: Yash High Voltage is uniquely positioned in the Indian transformer bushing market.
- High Production Capacity: The company can meet increasing demand with a capacity of 7,000 units annually.
- Diverse Product Portfolio: Offers OIP, RIP, and High-Current Bushings.
- Growing Industry Trends: Increased infrastructure and power projects fuel demand for transformer bushings.
Financial Performance
Yash High Voltage has demonstrated robust financial performance, with steady revenue growth and profitability. The IPO proceeds will be utilised for business expansion and working capital needs.
Understanding concepts like IPO flipping is crucial for those exploring quick IPO gains. Read more here: IPO Flipping.
Yash High Voltage IPO Timeline
Here’s a quick look at the IPO schedule:
- IPO Open Date: December 12, 2024
- IPO Close Date: December 16, 2024
- Basis of Allotment: December 17, 2024
- Refund Initiation: December 18, 2024
- Shares Credited to Demat: December 18, 2024
- Listing Date: December 19, 2024 (Tentative)
Lot Size & Investment Requirements
Investor Category | Lots | Shares | Investment Amount |
Retail (Min) | 1 | 1,000 | ₹146,000 |
HNI (Min) | 2 | 2,000 | ₹292,000 |
About Yash High Voltage Limited
Founded in 2002, Yash High Voltage Limited manufactures high-voltage transformer bushings. Its product range includes:
- OIP Condenser Bushings
- RIP and RIS Bushings
- High-Current Bushings
- Wall Bushings
- Oil-to-Oil Bushings
The company’s advanced manufacturing unit and in-house testing facilities ensure product quality and reliability. Yash High Voltage also offers repair and retrofitting services for transformer bushings.
Promoter Holding
| Pre-Issue | 79.48% | | Post-Issue | Updated Soon |
Should You Invest in Yash High Voltage IPO?
Here’s what works in favor of Yash High Voltage IPO:
- Strong demand in the transformer bushing market.
- Promising GMP trends indicating potential listing gains.
- Robust financials and business growth prospects.
However, investors must analyze their risk appetite, IPO fundamentals, and market conditions before making a decision.
Conclusion
The Yash High Voltage IPO offers an exciting investment opportunity, especially with its strong GMP performance and growth prospects. Investors should monitor the IPO subscription status, GMP updates, and financial health to make informed decisions.
To learn more about IPO investing and market opportunities, visit our blog: tapinvest.in/blog.
FAQs on Yash High Voltage IPO GMP
1. What is Yash High Voltage IPO GMP today?
Slug: yash-high-voltage-ipo-gmp-today
The Yash High Voltage IPO GMP today is around ₹42-₹50 per share. This indicates the premium at which shares are trading in the grey market.
2. What is the price band for Yash High Voltage IPO?
Slug: yash-high-voltage-ipo-price-band
The IPO price band is set between ₹138-₹146 per share.
3. When will Yash High Voltage IPO list?
Slug: yash-high-voltage-ipo-listing-date
The IPO is expected to list on the BSE SME platform on December 19, 2024.
4. How can I track the Yash High Voltage IPO GMP?
Slug: track-yash-high-voltage-ipo-gmp
You can track the real-time GMP on platforms like IPO Watch and financial websites.
Tap Invest is your go-to platform for alternative investments like bonds, invoice discounting, and asset leasing. Stay updated with the latest IPO trends and investment opportunities at tapinvest.in.