How To Check Yash Highvoltage IPO Allotment Status On Bigshare Services And BSE?
The GMP of Yash Highvoltage IPO was Rs 135 on December 17, indicating a listing gain of 92.47%. Shares of Yash Highvoltage are anticipated to list at Rs 281. Allotment will be out soon!
Photo Credits: yashhv.com
Yash Highvoltage Ltd is expected to finalise the share allotment in its initial public offering on Tuesday, December 17 following the successful completion of the subscription process. Yash Highvoltage IPO, which opened for subscription on December 12, was subscribed 181.82 times on the final day of bidding.
Investors applied for 91,12,98,000 shares as compared to 50,12,000 shares available in the Rs 110.01-crore Yash Highvoltage IPO
Investors who participated in the Yash Highvoltage IPO bidding can check the share allotment status on the BSE and Bigshare Services (IPO registrar) websites, once it is updated.
The step-by-step guide to verifying your share allotment status is given below.
How to Check Yash Highvoltage IPO Allotment Status on BSE
Visit the IPO allotment page on the BSE website here.
Select the issue type as 'Equity.'
Select 'Yash Highvoltage Ltd.' from the dropdown menu.
Enter your application number or PAN (Permanent Account Number).
Clear the 'Captcha' to verify that you are not a robot.
Click on the 'Search' option to see your allotment status.
How to check Yash Highvoltage IPO Allotment Status on Bigshare Services
Visit the IPO allotment page on BigShare Services Pvt here.
Choose one server among the three.
Select 'Yash Highvoltage Ltd.' from the dropdown menu of Company Name.
Enter the details (Application No., Beneficiary ID, or PAN).
Enter Captcha.
Click Search to get details of your allotment status.
Yash Highvoltage IPO Important Days
The finalisation of the share allotment basis will be done today. This will be followed by credit of shares into the demat account of successful bidders and initiation of refunds for non-allottees on December 18.
Shares of Yash Highvoltage Ltd. are slated to be listed on the BSE SME platform on Thursday, December 19.
Yash Highvoltage IPO GMP Today
The grey market premium of Yash Highvoltage IPO is Rs 135 on December 17, according to InvestorGain. This indicates a listing gain of 92.47%. Shares of Yash Highvoltage are anticipated to list at Rs 281 at the upper end of the price band.
The GMP trends for the Yash Highvoltage IPO showed an upwards movement as the SME issue closed with an overall subscription of 181.82 times on the final day of bidding.
Note: GMP or grey market price is not an official price quote for the stock and is based on speculation.
Yash Highvoltage IPO: Day 3 Subscription Status
Non-institutional investors (NIIs) led the subscription demand, booking their reserved quotes by 330.04 times.
The IPO received a great response from retail investors as well, who bid their allocation in the SME issue 151.51 times.
The qualified institutional buyers' portion of the Yash Highvoltage IPO was booked 123.7 times.
Yash Highvoltage IPO: Key Details
Yash Highvoltage IPO price band was set in the range of Rs 138 to Rs 146 per share. The Rs 110.01-crore IPO consisted a fresh issue of 64.05 lakh shares worth Rs 93.51 crore and an offer for sale of 11.3 lakh of up to Rs 16.50 crore.
Use of Proceeds
The company will use a part of the proceeds from the IPO to set up a new factory for making Resin Impregnated Paper (RIP) / Resin Impregnated Synthetic (RIS) transformer condenser-graded bushings. The rest of the funds will go towards general corporate purposes.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read red herring prospectus thoroughly before placing bids.
