Yash Highvoltage Limited
- Minimum Investment₹1,38,000
- Price Range₹138 - ₹146
- Issue Size₹110.01 Cr
- Lot Size1000 shares
This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.
Proceeds of this IPO to be used for
Setting up a new factory to manufacture Resin Impregnated Paper (RIP) / Resin Impregnated Synthetic (RIS) transformer condenser graded bushings
General corporate purposes
Strengths & Weaknesses of Yash Highvoltage Limited
Well positioned in Indian market
The high-voltage condenser bushings segment (>36 kV to 245 kV) features ~15 key players, including horizontal players with in-house bushing facilities, global suppliers to transformer OEMs, and specialized vertical players focused solely on condenser bushings meeting international standards
Demand for bushings
The bushing market, both domestic and international, is benefiting from strong tailwinds. In India, factors driving power demand include population growth, rapid urbanization, industrialization under the "Make in India" initiative, and railway electrification
Manufacturing facility & R&D capabilities
The factory is equipped with advanced manufacturing and testing systems sourced internationally, including automatic winding machines, SCADA-controlled autoclaves, and EHV testing labs. Products undergo rigorous testing per IEC 60137:2017 and IEEE standards, ensuring quality before dispatch
Delay in procurement
A portion of the net proceeds is planned for a new manufacturing facility in Vadodara, Gujarat. Delays in equipment procurement, government approvals, or implementation could lead to cost overruns, adversely affecting business and financial performance
Depend on vendors for raw materials
The business relies on a limited number of suppliers for raw materials. Losing one or more suppliers could negatively impact operations, financial condition, and cash flows
Dependent on transformer bushings sales
The majority of revenue comes from transformer bushings. Any negative impact on their sales could harm operations and profitability
Financials
Earnings Per Share
Balance Sheet
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Cash Flow
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About Yash Highvoltage Limited
- PromoterKeyur Girishchandra Shah