Yash Highvoltage Ltd. has announced public offering of 7535000 shares at a price of Rs 5.00 each for Cash at a Premium of Rs 141.00 per share. The gross proceeds of the issue are expected to be Rs 11,001.10 lakhs.
The company's initial public offer (IPO) will open on 12 December 2024 and is expected to close on 16 December 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 138.00-146.00 per share.
The IPO includes a fresh Issue of 7535000 Equity Shares of the Company at an price of Rs 146.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.
Yash Highvoltage Ltd. anticipates using the proceeds of the issue for .
Indorient Financial Services Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.