Fixed Price IPO | ₹29 Cr | Listed at BSE SME | Mon, Mar 19, 2018 - Wed, Mar 21, 2018
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Mon, Mar 19, 2018
IPO Close
Wed, Mar 21, 2018
Issue Price
₹100 per share
Market Cap (Pre-IPO)
₹108.99 Cr
| IPO Date | 19 to 21 Mar, 2018 |
| Listed on | Mon, Apr 2, 2018 |
| Face Value | ₹10 per share |
| Issue Price | ₹100 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 28,99,200 shares (agg. up to ₹29 Cr) |
| Reserved for Market Maker | 1,48,800 shares Aryaman Capital Markets Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 7,50,400 shares (agg. up to ₹8 Cr) |
| Offer for Sale | 20,00,000 shares of ₹10 (agg. up to ₹20 Cr) |
| Net Offered to Public | 27,50,400 shares (agg. up to ₹28 Cr) |
| Share Holding Pre Issue | 1,00,00,000 shares |
| Share Holding Post Issue | 1,08,99,200 shares |
| BSE Script Code | 541167 YASHO |
| ISIN | INE616Z01012 |
Yasho Industries IPO comprises a total issue size of 28,99,200 shares. The net offer to the public is 27,50,400 shares, after excluding 1,48,800 shares allotted on a firm basis. Of the Net offer 13,75,200 (50.00%) allocated to NII 13,75,200 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 13,75,200 | 50.00% | 47.43% |
| Retail Shares Offered | 13,75,200 | 50.00% | 47.43% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,48,800 | 5.13% | |
| Total Shares Offered | 28,99,200 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples thereof.
| 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
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion and up-gradation project at our existing manufacturing facilities at Vapi, Gujarat | 8.75 |
| Total | 8.75 |
The Yasho Industries IPO is subscribed 1.11 times on March 21, 2018 5:00:00 PM (Day 3). The public issue subscribed 0.41 times in the retail category, [.] times in the QIB category, and 1.8 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.8 | 13,75,200 | 24,81,600 |
| Retail | 0.41 | 13,75,200 | 5,60,400 |
| Total | 1.11 | 27,50,400 | 30,44,400 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including fees and reimbursements of Market Making fees, selling commissions, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. | 0.46 |
| 2 | Brokerage | 0.12 |
| 3 | Printing & Stationery, Distribution, Postage, etc. | 0.02 |
| 4 | Advertisement and Marketing Expenses | 0.02 |
| 5 | Stock Exchange Fees, Regulatory and other Expenses | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹100.00 |
| Open | ₹101.25 |
| Low | ₹100.00 |
| High | ₹101.25 |
| Last Trade | ₹101.25 |
Lead Manager Reports
Yasho Industries IPO is a SME IPO of 28,99,200 equity shares of the face value of ₹10 aggregating up to ₹29 Crores. The issue is priced at ₹100 per share. The minimum order quantity is 1200.
The IPO opens on Mon, Mar 19, 2018, and closes on Wed, Mar 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 Mon, Mar 19, 2018 and closes on Wed, Mar 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 Mon, Apr 2, 2018.
