Yash Highvoltage Limited is launching its initial public offering (IPO) of 75.35 lakh shares, a combination of both fresh issue and offer for sale. The company specializes in manufacturing and distributing transformer bushings, a crucial component for power transformers. The IPO opens for subscription on December 12, 2024, and will close on December 16, 2024. The allotment for the IPO will be finalized on December 17, 2024, and the shares are expected to be listed on BSE SME on December 19, 2024.

Issue Details
The total IPO size is 75.35 lakh shares, comprising a fresh issue of 64.4 lakh shares and an offer for sale of 11.3 lakh shares. The price band for the IPO is yet to be announced, and investors are advised to refer to the Red Herring Prospectus (RHP) for further details. Indorient Financial Services Ltd is the book running lead manager for the IPO, while Bigshare Services Pvt Ltd will be the registrar for the issue.

Company Overview: Yash Highvoltage Limited
Founded in June 2002, Yash Highvoltage Limited has become a key player in the transformer bushing market. The company specializes in producing a wide range of transformer bushings, which are essential components in ensuring the safety and reliability of power transformers. Their product portfolio includes:

1. Oil-Impregnated Paper (OIP) Condenser Bushings
2. Resin-Impregnated Paper (RIP) and Resin-Impregnated Synthetic (RIS) Condenser Bushings
3. High-Voltage and High-Current Bushings
4. OIP Wall Bushings
5. Oil-to-Oil Bushings

In addition to manufacturing bushings, Yash Highvoltage also offers services for repairing, retrofitting, and replacing old bushings, which helps the company maintain long-term relationships with clients.

Manufacturing Capabilities
The company’s manufacturing unit is located in Vadodara, Gujarat, and has an annual production capacity of 7,000 bushings. This capacity is split into 3,700 units of Oil-Immersed Paper (OIP) bushings, 3,000 units of Resin-Impregnated Paper (RIP) bushings, and 300 units of high-current bushings. The factory is fully equipped with in-house quality testing facilities to ensure that every product meets high standards of performance and safety.

As of November 30, 2024, the company employs 157 full-time personnel, and the workforce is highly skilled to meet the technical demands of manufacturing transformer bushings.

Competitive Strengths

1. Unique Positioning in the Indian Transformer Bushing Market: Yash Highvoltage has established itself as a strong player in the Indian market, with its extensive portfolio of transformer bushings.
2. Growing Demand: The demand for transformer bushings is set to rise as the Indian power sector continues to expand and modernize. This growth trajectory presents a strong growth opportunity for the company.
3. Barriers to Entry: Yash Highvoltage’s strong track record of supply and installation has created barriers for new entrants, securing its position in the market.
4. Strong Relationship with Clients: The company has built long-term relationships with clients by providing high-quality products and reliable services, further bolstering its competitive edge.
5. Quality Control: With in-house quality testing facilities, Yash Highvoltage ensures that its products meet the highest industry standards, making it a preferred choice for customers.

Investment Opportunity and Conclusion
The Yash Highvoltage IPO presents a promising opportunity for investors, particularly those interested in the growth of the Indian power sector. With its specialized manufacturing capabilities, established track record, and strong market positioning, Yash Highvoltage is well-placed to capitalize on the growing demand for transformer bushings in India. While the price band has yet to be disclosed, the IPO offers an attractive investment opportunity in a crucial industry. Investors should review the Red Herring Prospectus (RHP) for detailed information and consider the company’s competitive advantages and growth prospects before making an investment decision.

The Upcoming IPOs in this week and coming weeks are Dhanlaxmi Corp, Jungle Camps, Toss The Coin, Sai Life Sciences, Mobikwik, Vishal Mega Mart, Supreme Facility, Purple United, Yash Highvoltage, Rosmerta Digital, Inventurus Knowledge and Avanse Financial.The Current active IPO is Emerald Tyre Manufacturers. For more details on upcoming IPOs, you can visit our page at Best IPO to Apply Now - IPO List 2024, Latest IPO, Upcoming IPO, Recent IPO News, Live IPO GMP Today - Finance Saathi and stay updated with the latest news on IPO updates on Top News Headlines - Share Market News, Latest IPO News, Business News, Economy News - Finance Saathi.Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst & Finance Saathi Telegram Channel for Regular Share Market, News & IPO Updates. Start your Stock Market Journey and Apply in IPO by opening a Free Demat Account in Choice Broking FinX.