Yashhtej Industries SME IPO Allotment Finalized: Details on GMP and Online Status Check

Yashhtej Industries (India) IPO Allotment

Key Highlights

• ₹88.88 crore initial public offering (IPO) of Yashhtej Industries has seen robust investor participation.
• February 23, 2025: The allotment of the SME IPO is expected to be finalised today.
• February 25, 2025: The company is gearing up for its listing on BSE SME.

Allotment Status

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• Investors can check the Yashhtej Industries IPO allotment status online through:
  • BSE website: Select 'Equity' and 'Yashhtej Industries (India)' from the Issue Name dropdown menu, enter PAN and Application Number, and click on Submit.
  • MAS Services: Select 'Yashhtej Industries (India)' from the Select Company dropdown menu, choose among Application Number/CAF No, Beneficiary ID, or PAN, enter details, and fill the captcha to search.

IPO Subscription Status

• The IPO was subscribed 1.37 times by end of Day 3.
• The retail portion was subscribed 2.35 times, and the NII portion was booked 0.39 times.
• The company received bids for 1.05 crore shares against 1.32 crore shares on offer.

IPO Details

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• ₹110 per share: The issue is being offered at a fixed price.
• 1,200 shares: Investors can apply in a lot size.
• ₹2,64,000: The minimum investment for a retail investor corresponds to 2,400 shares at the issue price.

Proceeds

• The net issue proceeds will be deployed towards working capital requirements, capital expenditure, and general corporate purposes.

Company Overview

• Yashhtej Industries is engaged in the manufacturing of soybean crude oil through the solvent extraction process and production of soybean de-oiled cake (DOC).
• The company operates largely on a business-to-business (B2B) model, supplying crude soybean oil to clients involved in refining activities.
• Yashhtej Industries has also diversified into solar power generation and supply, adding a renewable energy component to its business portfolio.