Yasho Industries IPO is a fixed price issue of ₹28.99 crores. The issue is a combination of fresh issue of 0.09 crore shares aggregating to ₹8.99 crores and offer for sale of 0.20 crore shares aggregating to ₹20.00 crores.
Yasho Industries IPO bidding started from Mar 19, 2018 and ended on Mar 21, 2018. The shares got listed on BSE SME on Apr 2, 2018.
Yasho Industries IPO price is ₹100.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (1200 shares). The minimum lot size investment for HNI is 2 lots (2,400 shares), amounting to ₹2,40,000.
Aryaman Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Aryaman Capital Markets Ltd..
Refer to Yasho Industries IPO RHP for detailed Information.
IPO Date | March 19, 2018 to March 21, 2018 |
Listing Date | April 2, 2018 |
Face Value | ₹10 per share |
Issue Price Band | |
Issue Price Final | ₹100 per share |
Lot Size | 1,200 Shares |
Sale Type | Fresh Capital-cum-Offer for Sale |
Total Issue Size | 28,99,200 shares (aggregating up to ₹28.99 Cr) |
Reserved for Market Maker | 1,48,800 shares Aryaman Capital Markets Ltd. (aggregating up to ₹1.49 Cr) |
Fresh Issue (Ex Market Maker) | 7,50,400 shares (aggregating up to ₹7.50 Cr) |
Offer for Sale | 20,00,000 shares of ₹10 (aggregating up to ₹20.00 Cr) |
Net Offered to Public | 27,50,400 shares (aggregating up to ₹27.50 Cr) |
Issue Type | Fixed Price IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 1,00,00,000 shares |
Share Holding Post Issue | 1,08,99,200 shares |
Yasho Industries IPO offers total 28,99,200 shares. Out of which 13,75,200 (47.43%) allocated to NII, 13,75,200 (47.43%) allocated to RII.
Investor Category | Shares Offered |
---|---|
Market Maker Shares Offered | 1,48,800 (5.13%) |
NII (HNI) Shares Offered | 13,75,200 (47.43%) |
Retail Shares Offered | 13,75,200 (47.43%) |
Total Shares Offered | 28,99,200 (100.00%) |
Yasho Industries IPO opens on March 19, 2018, and closes on March 21, 2018.
IPO Open Date | Mon, Mar 19, 2018 |
IPO Close Date | Wed, Mar 21, 2018 |
Tentative Listing Date | Mon, Apr 2, 2018 |
Cut-off time for UPI mandate confirmation | 5 PM on Wed, Mar 21, 2018 |
Investors can bid for a minimum of 1,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1,200 | ₹1,20,000 |
Retail (Max) | 1 | 1,200 | ₹1,20,000 |
HNI (Min) | 2 | 2,400 | ₹2,40,000 |
Incorporated in 1985, Yasho Industries Limited is Mumbai based company engaged in manufacturing of varied re-engineered chemicals. Company is in the business for over 2 decades. The chemicals produced by the company includes Aroma Range, Food Antioxidant Range Rubber & Lubricant Additive Range and Specialty Range. Company has 2 manufacturing units located at Vapi, Gujarat.
Yasho Industries market, sell and distribute its products to diverse customers based in India and abroad. Over 53% of revenue the company comes from export. Company's products are exported to countries like USA, South America, Europe, Iran, Australia, South Africa, Singapore, Germany, Asia. etc.
Yasho Industries Strengths
1. Management with over 3 decades of experience in chemical industry.
2. ISO 9001:2015, FSSC 22000 certified.
3. Wide range of products catering to various industries.
4. Well Established Automated Manufacturing Facility designed to manufacture multiple product range.
5. Diversified Customer base and Long-term relationship with customers
The Company Yasho Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
---|---|---|
1 | Expansion and up-gradation project at our existing manufacturing facilities at Vapi, Gujarat | 40.00 |
[Dilip Davda] <p>Issue is fully priced; hence cash surplus risk savvy investors may consider investment for long term.</p> Read detail review...
Listing Date | April 2, 2018 |
BSE Script Code | 541167 |
NSE Symbol | YASHO |
ISIN | INE616Z01012 |
Final Issue Price | ₹100 per share |
BSE Listing Group | MT |
Price Details | BSE SME |
---|---|
Final Issue Price | ₹100.00 |
Open | ₹101.25 |
Low | ₹100.00 |
High | ₹101.25 |
Last Trade | ₹101.25 |
Yasho Industries Ltd.
Office No. 101/102, Peninsula Heights,
C. D. Barfiwala Marg, Juhu Lane,
Andheri (West),
Andheri, Maharashtra, 400058
Phone: +91 22 6251 0100
Email: info@yashoindustries.com
Website: http://yashoindustries.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Yasho Industries IPO is a SME IPO of 28,99,200 equity shares of the face value of ₹10 aggregating up to ₹28.99 Crores. The issue is priced at ₹100 per share. The minimum order quantity is 1200.
The IPO opens on March 19, 2018, and closes on March 21, 2018.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Yasho Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Yasho Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Yasho Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Yasho Industries IPO opens on March 19, 2018 and closes on March 21, 2018.
Yasho Industries IPO lot size is 1200, and the minimum amount required for application is ₹1,20,000.
You can apply in Yasho Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Yasho Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Yasho Industries IPO allotment status.
The Yasho Industries IPO listing date is on Monday, April 2, 2018.
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