Yashhtej Industries is making its SME debut by raising ₹89 crore from the market through its IPO. It will issue 80,79,600 shares, and their face value is ₹10. Interested investors can start to apply from February 18, 2026. The subscription period remains open for bidding until February 20, 2026. Share allotment takes place on February 23, 2026. The IPO’s tentative listing is on February 25, 2026, on the BSE SME.
The IPO is offered in lots of 1,200 shares. The issue price has been fixed at ₹110. Retail participation begins at two lots priced at ₹2,64,000. For the HNI category, bidding starts at three lots, making their investment ₹3,96,000.
Yashhtej Industries (India) IPO Details
The issue’s key information is provided in the following table:
| Particulars | Details |
| Bidding Opens | February 18, 2026 |
| Bidding Closes | February 20, 2026 |
| Face value | ₹10 per share |
| Issue Type | Fixed Price |
| Issue Price | ₹110 per share |
| Price Band | |
| Lot Size | 1,200 Shares |
| Offer for Sale | |
| Fresh Issue | 80,79,600 shares (₹89 crore) |
| Total Issue | 80,79,600 shares (₹89 crore) |
| Listing at | BSE SME |
| Minimum Investment | ₹2,64,000 |
Yashhtej Industries (India) IPO Timeline
The IPO will follow the schedule given below:
| Particulars | Details |
| Bidding Opens | February 18, 2026 |
| Bidding Closes | February 20, 2026 |
| Tentative Allotment | February 23, 2026 |
| Refund Initiation | February 24, 2026 |
| Share Credit to Demat | February 24, 2026 |
| Scheduled Listing | February 25, 2026 |
| UPI mandate cut-off | – |
Yashhtej Industries (India) Key Performance Indicator
The KPIs of Yashhtej Industries (India) are as follows:
| KPIs | FY 2023 | FY 2024 | FY 2025 |
| ROE (%) | 305.92 | 29.81 | 83.61 |
| ROCE (%) | (3.59) | 5.41 | 30.55 |
| Debt Equity | – | 4.21 | 2.23 |
| RoNW (%) | 14.02 | 58.96 | |
| PAT Margin (%) | (4.81) | 1.91 | 3.56 |
| EBITDA margin (%) | (4.82) | 4.38 | 6.47 |
| Price Book Value | – | – | 8.41 |
Yashhtej Industries (India) Financials
The given table provides an overview of Yashhtej Industries (India)’s financial metrics:
| Particulars (in ₹ lakh) | 2023 | 2024 | 2025 |
| Revenue | 2,524.66 | 5,577.14 | 7,519.54 |
| Total Assets | 1,200.21 | 5,924.66 | 32,496.23 |
| Profit | (57.76) | 112.89 | 1,156.69 |
Yashhtej Industries (India) IPO Subscription Status
The subscription details of the Yashhtej Industries (India) IPO are presented below:
| Day | NII | Individual Investor | Total |
| Day 1 | 0.05 times | 0.38 times | 0.22 times |
| Day 2 | 0.08 times | 1.39 times | 0.74 times |
| Day 3 | 0.23 times | 1.94 times | 1.08 times |
Yashhtej Industries (India) IPO Grey Market Premium Today
The Yashhtej Industries (India) IPO is being traded with a premium of ₹15 in the grey market today. The GMP has fluctuated in the last three days, soaring up to ₹23 then dropping again to settle at ₹15. At this level of premium, the listing gains will be 13.64%, and the listing price will be ₹125.
| Date | GMP (₹) | Estimated Listing Price | Estimated Listing Gain | Trend |
| 20-02-2026 | ₹15 | ₹125 | 13.64% | Neutral |
| 19-02-2026 | ₹15 | ₹125 | 13.64% | Decreasing |
| 18-02-2026 | ₹23 | ₹133 | 20.91% | Increasing |
Note: Trading activity in the informal market is used to derive the GMP values. They are susceptible to change with the investor demand and market sentiment.
Yashhtej Industries (India) IPO Reservation
In this IPO, the shares are reserved for different investor types in the given manner:
| Investor Category | Reservation |
| Market Maker Shares | 4,04,400 (5.01%) |
| QIB Shares | Not Applicable |
| Retail Shares | 38,37,600 (47.50%) |
| NII (HNI) Shares | 38,37,600 (47.50%) |
| Total Shares Offered | 80,79,600 (100.00%) |
Lot Size of the Yashhtej Industries (India) IPO
The bids have to be submitted according to the following lot sizes:
| Investor Type | Lots | Shares | Amount |
| Individual Investors (Minimum) | 2 | 2,400 | ₹2,64,000 |
| Individual Investors (Maximum) | 2 | 2,400 | ₹2,64,000 |
| HNI (Minimum) | 3 | 3,600 | ₹3,96,000 |
Details of Anchor Investors in the Yashhtej Industries (India) IPO
The Yashhtej Industries (India) IPO does not include an anchor investor portion. Therefore, details like the anchor portion, bidding date, and lock-in period do not apply to this issue.
Yashhtej Industries (India) IPO Prospectus
To understand the IPO better, you can review the provided documents for more details:
About Yashhtej Industries (India)
Yashhtej Industries was originally founded in 2018 as “Yashhtej Solvent Private Limited”. It works in the agro-processing sector, manufacturing soybean crude oil and de-oiled cake (DOC). It is planning to launch edible soybean oil and is also looking to diversify into the renewable energy space through solar power plants. Yashtej Industries runs on a B2B model, supplying to clients involved in refining activity.
The company is led by Mr. Suraj Shivraj Barge, the managing director, who provides strategic direction and oversees day-to-day operations. He is also a promoter along with Mr. Shivling Madhavrao Barge and Mr. Baswaraj Madhavrao Barge. Yashtej Industries faces competition from its peers – Rama Phosphates and KN Agri Resources.
| Lead Manager | ERUDORE CAPITAL PRIVATE LIMITED |
| Issue Registrar | MAS Services Ltd. |
Yashhtej Industries (India) IPO Objectives
The raised capital will be directed to fulfill these business objectives:
| S. No. | Particulars | Amount (in ₹ lakh) |
| 1. | Capital Expenditure | 6,388.29 |
| 2. | Working Capital Needs | 610.57 |
| 3. | General Corporate Uses | 950.00 |
Strength Of Yashhtej Industries (India)
Yashtej Industries’ business is supported by these core strengths:
- Automated Manufacturing: It uses automatic process and control mechanisms that detect anomalies in real-time, which helps in reducing waste, smoother flow of operations, and consistent product quality.
- Customised Products: The company offers tailor-made products for the clients. Along with the standard protein levels, it also makes high-protein variants for meeting specific customer requirements.
- Forward Integration: Yashtej is expanding from selling crude soybean oil to refined and bottled oil. It widens the company’s presence across the value chain and improves market positioning.
- Policy Support: The company receives government support through the Package Scheme of Incentives, 2019. It helps in business expansion and adds to financial stability.
Risk of Yashhtej Industries (India)
Investors should beware of the risks of Yashhtej Industries before bidding:
- Raw Material Pricing: Soybeans make up a majority of the production costs. Seasonal availability and price volatility can increase the costs and shrink the margins.
- Reliance on Broker Network: The company relies on a broker network for the distribution of its products. Order cancellations or mismanagement of the network negatively impact the market reach and earnings.
- Revenue Concentration: The majority of sales takes place in Maharashtra. Economic slowdown or regional disturbances hamper the business performance.
- Limited Suppliers: The raw material is sourced from a few suppliers. Failing to maintain these relationships, pricing issues, or delivery delays affects the production.
Yashhtej Industries (India) IPO Review
The IPO gives investors an opportunity to participate in the growing agro-processing segment. The company has improved revenues and profit growth over the recent years. The GMP also reflects positive market demand. Still, price volatility and dependence on third parties remain key risks. This issue is suitable for investors comfortable with SME risks seeking an investment opportunity with long-term potential.
Other Recent IPO List
If you liked this IPO review, explore our recent coverage on upcoming public offerings.
| Clean Max Enviro Energy Solutions IPO | Gaudium IVF & Women Health IPO |
| Marushika Technology IPO | PNGS Reva Diamond Jewellery IPO |
| Aye Finance IPO | PAN HR Solutions IPO |
| Fractal Analytics IPO | Grover Jewells IPO |
Yashhtej Industries (India) IPO FAQ’s
Yashhtej Industries (India) IPO is a fixed price SME IPO amounting to ₹89 crore. It is entirely a fresh issue of 80,79,600 shares and will be listed on the BSE SME.
You can apply through your stockbroker using the ASBA facility via net banking or UPI. Log in to your broker platform, select the IPO, enter the lot size, and confirm the payment mandate.
The IPO shows improving financials and growth plans, but it carries SME risks like raw material dependency and regional concentration. It may suit high-risk investors comfortable with SME volatility.
Based on a GMP of ₹15, the estimated listing price is around ₹125, implying a potential listing gain of approximately 13.64%.
The Yashhtej Industries (India) IPO opens for subscription on February 18, 2026, and closes on February 20, 2026.
The lot size is 1,200 shares. Retail investors must apply for a minimum of 2 lots (2,400 shares) amounting to ₹2,64,000.
The allotment is expected to be finalised on February 23, 2026.
The Yashhtej Industries (India) IPO’s listing date on BSE SME is February 25, 2026.
