{"id":33844,"date":"2024-12-11T10:58:00","date_gmt":"2024-12-11T05:28:00","guid":{"rendered":"https:\/\/newstrackbhopal.com\/index.php\/2024\/12\/11\/yash-highvoltage-limited-ipo-opens-on-december-12-2024\/"},"modified":"2024-12-11T10:58:00","modified_gmt":"2024-12-11T05:28:00","slug":"yash-highvoltage-limited-ipo-opens-on-december-12-2024","status":"publish","type":"post","link":"https:\/\/newstrackbhopal.com\/index.php\/2024\/12\/11\/yash-highvoltage-limited-ipo-opens-on-december-12-2024\/","title":{"rendered":"Yash Highvoltage Limited IPO Opens on December 12, 2024"},"content":{"rendered":"<div>\n<div>\n<p><strong>Mumbai (Maharashtra) [India], December 10: <\/strong>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 \u20b9110.01 crore, with the shares to be listed on the BSE SME platform.<\/p>\n<p><strong>Equity Share Allocation<\/strong><\/p>\n<p>\u25cf QIB Anchor Portion: Up to 21,46,000 Equity Shares<\/p>\n<p>\u25cf Qualified Institutional Buyers: Up to 14,32,000 Equity Shares<\/p>\n<p>\u25cf Non-Institutional Investors: At least\u00a010,74,000\u00a0Equity Shares<\/p>\n<p>\u25cf Retail Individual Investors: At least 25,06,000 Equity Shares<\/p>\n<p>\u25cf Market Maker: 3,77,000 Equity Shares<\/p>\n<p>The net proceeds from the Issue will be utilised for setting up a new factory to manufacture Resin Impregnated Paper (RIP)&amp; 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.<\/p>\n<p>Indorient Financial Services Limited is the Book Running Lead Manager\u00a0of the Issue, while\u00a0Bigshare\u00a0Services Private Limited\u00a0is\u00a0the Registrar of the Issue.<\/p>\n<p>Mr. Keyur Girishchandra Shah, Chairman &amp; Managing Director of Yash Highvoltage Limited, expressed, \u201cThis 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.<\/p>\n<p>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.<\/p>\n<p>Mr. Soumya Padhi, Managing Director &amp; CEO of Indorient Financial Services Limited, said, \u201cWe are delighted to be a part of the company\u2019s 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.<\/p>\n<p>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\u2019s expansion while meeting the evolving needs of its customers.<\/p>\n<p>Given the promising outlook for the industry and the company\u2019s proven track record, we believe this IPO presents a compelling opportunity for growth and long-term success.\u201d<\/p>\n<p><em> If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 \u20b9110.01 crore, with the shares to be listed on the BSE SME platform. Equity [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":33845,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[635,638],"class_list":["post-33844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-pr","tag-press-release"],"wpmagazine_modules_lite_featured_media_urls":{"thumbnail":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2024\/12\/Untitled-design-2024-12-10T180423.578-150x150.jpg",150,150,true],"cvmm-medium":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2024\/12\/Untitled-design-2024-12-10T180423.578-300x300.jpg",300,300,true],"cvmm-medium-plus":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2024\/12\/Untitled-design-2024-12-10T180423.578-305x207.jpg",305,207,true],"cvmm-portrait":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2024\/12\/Untitled-design-2024-12-10T180423.578-400x600.jpg",400,600,true],"cvmm-medium-square":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2024\/12\/Untitled-design-2024-12-10T180423.578-600x600.jpg",600,600,true],"cvmm-large":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2024\/12\/Untitled-design-2024-12-10T180423.578-1024x675.jpg",1024,675,true],"cvmm-small":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2024\/12\/Untitled-design-2024-12-10T180423.578-130x95.jpg",130,95,true],"full":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2024\/12\/Untitled-design-2024-12-10T180423.578.jpg",1200,675,false]},"categories_names":{"11":{"name":"Press Release","link":"https:\/\/newstrackbhopal.com\/index.php\/category\/press-release\/"}},"tags_names":{"635":{"name":"pr","link":"https:\/\/newstrackbhopal.com\/index.php\/tag\/pr\/"},"638":{"name":"Press Release","link":"https:\/\/newstrackbhopal.com\/index.php\/tag\/press-release\/"}},"comments_number":"0","_links":{"self":[{"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/posts\/33844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/comments?post=33844"}],"version-history":[{"count":0,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/posts\/33844\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/media\/33845"}],"wp:attachment":[{"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/media?parent=33844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/categories?post=33844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/tags?post=33844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}