Yashhtej Industries (India) IPO (SME)
Yashhtej Industries (India) IPO is a fixed price SME issue of Rs. 88.88 crore, comprising a fresh issue of 0.81 crore equity shares aggregating to Rs. 88.88 crore.
The IPO opens on February 18, 2026, and closes on February 20, 2026. The allotment is expected on February 23, 2026, and the listing is tentatively scheduled for February 25, 2026 on BSE SME.
The IPO is offered at a price of Rs. 110 per share, and the lot size is 1,200 shares. The minimum investment for retail investors is Rs. 2,64,000 (2,400 shares), and for HNI investors, Rs. 3,96,000 (3,600 shares).
Lead Manager: ERUDORE CAPITAL PRIVATE LIMITED
Registrar: MAS Services Ltd.
Market Maker: Prabhat Financial Services Ltd.
🕗 Last Update: 16 February 2026, 8.00 AM
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IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | February 18, 2026 |
| IPO Close Date | February 20, 2026 |
| Allotment Date | February 23, 2026 |
| Refunds Initiation | February 24, 2026 |
| Credit to Demat | February 24, 2026 |
| Listing Date | February 25, 2026 |
Final Subscription Status
| Size | QIB | NII | RII | Total | Applications |
|---|---|---|---|---|---|
| Rs. 88.88 Crore (Closes 20 February 2026) | — | — | — | — | — |
Subscription Review:
—
IPO Details
| Particulars | Details |
|---|---|
| Face Value | Rs. 10 per share |
| Issue Price | Rs. 110 per share |
| Lot Size | 1,200 shares |
| Sale Type | Fresh Issue |
| Total Issue Size | 80,79,600 shares (Rs. 89.00 Cr) |
| Market Maker Portion | 4,04,400 shares (Rs. 4.00 Cr) – Prabhat Financial Services Ltd. |
| Net Offer to Public | 76,75,200 shares (Rs. 84.00 Cr) |
| Issue Type | Fixed Price Issue |
| Listing At | BSE SME |
| Shareholding Pre-Issue | 1,50,00,000 shares |
| Shareholding Post-Issue | 2,30,79,600 shares |
| Market Cap (Pre-IPO) | Rs. 253.88 Cr |
Reservation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Market Maker | 4,04,400 | 5.01% |
| NII (HNI) | 38,37,600 | 47.50% |
| Retail Individual Investors | 38,37,600 | 47.50% |
| Total | 80,79,600 | 100.00% |
Application Details
| Application | Lots | Shares | Amount (Rs.) |
|---|---|---|---|
| Retail (Min / Max) | 2 | 2,400 | 2,64,000 |
| HNI (Min) | 3 | 3,600 | 3,96,000 |
Promoter Holding
| Particulars | Percentage |
|---|---|
| Promoter Holding Pre-Issue | 100.00% |
| Promoter Holding Post-Issue | 65.00% |
Promoters: Mr. Baswaraj Madhavrao Barge, Mr. Suraj Shivraj Barge and Mr. Shivling Madhavrao Barge.
About Yashhtej Industries (India) Ltd.
Incorporated in 2018, Yashhtej Industries (India) Limited is engaged in the business of manufacturing/processing of soybean crude oil from soybeans through the solvent extraction process and manufacturing of Soybean De-Oiled Cake (DOC). DOC is the solid residue/by-product remaining after oil extraction, rich in proteins and minerals.
The company operates in a B2B segment, supplying crude oil to customers engaged in refining. The company has also entered into solar power generation and supply.
Products:
-
Soybean Crude Oil
-
Soybean De-Oiled Cake (DOC)
Competitive Strengths:
-
Automated manufacturing processes
-
In-house laboratory for quality check
-
Customization in DOC offerings
-
Government incentive support
-
Forward integration into edible soybean oil segment
Company Financials (Rs. crore – Restated)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 77.57 | 75.20 | 55.77 | 25.25 |
| Total Income | 191.22 | 324.96 | 59.25 | 12.00 |
| Profit After Tax | 7.25 | 11.57 | 1.13 | -0.58 |
| EBITDA | 12.44 | 21.02 | 2.59 | -0.58 |
| Net Worth | 26.87 | 19.62 | 8.05 | -0.48 |
| Reserves & Surplus | 11.87 | 12.12 | 0.55 | -0.58 |
| Total Borrowings | 37.47 | 43.85 | 33.91 | 16.62 |
Objects of the Issue (Rs. in crore)
| S.No. | Objects of the Issue | Amount |
|---|---|---|
| 1 | Capital expenditures | 63.88 |
| 2 | Funding of Working Capital requirements | 6.11 |
| 3 | General Corporate Expenses | Balance |
| Total | — |
Key Performance Indicators
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 31.19% | 83.61% |
| ROCE | 17.98% | 30.55% |
| Debt / Equity | 1.39 | 2.23 |
| RoNW | 26.98% | 58.96% |
| PAT Margin | 3.79% | 3.56% |
| EBITDA Margin | 6.51% | 6.47% |
| Price to Book Value | 6.14 | 8.41 |
Valuation (Pre / Post IPO)
| Particulars | Pre IPO | Post IPO |
|---|---|---|
| EPS (Rs.) | 7.71 | 6.28 |
| P/E (x) | 14.26 | 17.51 |
| Market Cap | Rs. 253.88 Cr | Rs. 253.88 Cr |
Company Contact
| Particulars | Details |
|---|---|
| Company Name | Yashhtej Industries (India) Ltd. |
| Address | Plot No. D-73/1, Additional MIDC, Latur, Maharashtra, 413512 |
| Phone | +91 9175881666 |
| info@yashhtej.com | |
| Website | Visit Website |
IPO Registrar
| Particulars | Details |
|---|---|
| Registrar | MAS Services Ltd. |
| Phone | (011) 2610 4142 |
| ipo@masserv.com | |
| Website | Visit Website |
IPO Lead Manager
| Particulars | Details |
|---|---|
| Lead Manager | ERUDORE CAPITAL PRIVATE LIMITED |
Chanakya IPO Review – by Paresh Gordhandas, CA & Research Analyst
| Particulars | Details |
|---|---|
| Analyst View | Yashhtej Industries operates in soybean processing and DOC manufacturing with a B2B supply model. IPO proceeds for capex and working capital can support scale-up and forward integration, while commodity price volatility and thin operating margins remain key monitorables. |
| Chanakya View | NEUTRAL / HIGH RISK APPLY – suitable for investors with higher risk appetite |
Quicklinks
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Disclaimer
This coverage is for informational and educational purposes. Chanakya Ni Pothi does not deal in Grey Market Premiums or recommend investments based on GMP data. Please consult your SEBI-registered investment advisor.
