Explosive Debut by Yash Highvoltage Stock, Listing 90% Above Issue Price on BSE SME!Explosive Debut by Yash Highvoltage Stock, Listing 90% Above Issue Price on BSE SME!

Yash Highvoltage shares made a strong debut on the BSE SME on December 19, listing at ₹277.40, a 90% premium over the issue price. The ₹110 crore issue saw nearly 170x subscription, with a price band of ₹138-146 per share.

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Yash Highvoltage IPO, open from December 12 to 16, 2024, saw strong demand, with a subscription of 181.82 times. It was subscribed 151.52 times in the retail category, 123.7 times in the QIB category, and 330.03 times in the NII category.

Yash Highvoltage Limited manufactures transformer bushings and provides repair services. Based in Gujarat, it produces high-quality products for reliable power transmission, supporting step-up and step-down transformers to ensure efficient energy use and safe electricity distribution.

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The objective of Yash Highvoltage IPO is to raise capital for business expansion, strengthen its financial position, and support growth initiatives. The funds will be utilized for general corporate purposes, enhancing infrastructure, and scaling operations to meet market demands.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.