The subscription window for the Yashhtej Industries IPO opened this morning, February 18, 2026, and will remain active until Friday, February 20. As a fixed-price issue, the price is set at ₹110 per share, removing the bidding uncertainty often seen in book-built issues.
The company operates in the B2B segment, supplying crude soybean oil to refineries and high-protein De-Oiled Cake (DOC) to the poultry and animal feed industries. Yashhtej has shown explosive financial growth: its revenue skyrocketed from ₹59.25 crore in FY24 to ₹324.96 crore in FY25, while its Profit After Tax (PAT) jumped from ₹1.13 crore to ₹11.57 crore in the same period.
Of the ₹88.88 crore being raised, the company has earmarked a massive ₹63.88 crore for capital expenditure to set up a refined edible oil unit and enhance its current processing capacity. Additionally, they are developing a 5 MW solar power project in Maharashtra to reduce long-term operational costs.
Key IPO Details & Timetable
| Feature | Details |
| Fixed Price | ₹110 per share |
| Today's Status | Open (Day 1 of 3) |
| Lot Size | 1,200 Shares (Min. Investment ₹2,64,000 for 2 lots*) |
| Total Issue Size | ₹88.88 Crore (100% Fresh Issue) |
| Grey Market Premium | ₹0 (Trading at Par) |
| Closing Date | February 20, 2026 |
| Listing Date | February 25, 2026 (BSE SME) |
*Note: For this specific SME issue, retail investors are required to apply for a minimum of 2 lots (2,400 shares).
Important News & Investor Insights
-
Today's Subscription Status: As of 11:00 AM on Day 1, the issue has seen a quiet start with a subscription of approximately 0.01x. This is typical for larger SME issues where institutional and HNI "big-ticket" applications usually land on the final day.
-
Financial "Sustainability" Concern: Analysts have noted that while the FY25 growth was massive (over 400% revenue jump), investors should evaluate if this pace is sustainable or if it was a one-time result of favorable global soybean prices.
-
High Debt-to-Equity: The company has a debt-to-equity ratio of 1.39 (post-IPO basis). While typical for manufacturing, it makes the company sensitive to interest rate fluctuations.
-
Asset Growth: The company's net worth has improved significantly from ₹8.05 crore to ₹26.87 crore (as of Sept 2025), showing a strong buildup of internal reserves.
-
Strategic Location: Based in Latur, Maharashtra—a major soybean hub—the company enjoys a logistics advantage in raw material procurement, which helps keep production costs lower than urban competitors.
Loading comments...