Yashhtej Industries IPO GMP Today, Price & Review 2026
Yashhtej Industries IPO Review 2026: GMP, Price, Dates, Financials & Full Analysis
The Yashhtej Industries IPO is opening this week, aiming to raise ₹88.88 crore to expand its soybean processing business and enter edible oil refining and solar power generation.
At first glance, it sounds like a diversified green-energy opportunity. But at its core, Yashhtej Industries (India) Limited is a commodity-based soybean processor from Latur, Maharashtra. The real question for investors is simple:
Can this company successfully transition from a low-margin commodity business to a higher-margin refining and power model?
If you are tracking SME IPOs for short-term listing gains or long-term investment opportunities, read this analysis carefully.
Yashhtej Industries IPO – Key Details (Quick Overview)
Here is a structured summary of the Yashhtej Industries IPO for quick understanding:
This IPO is targeted primarily at high-risk SME investors due to its large minimum investment requirement.
Yashhtej Industries IPO GMP (Grey Market Premium)
What is the Yashhtej Industries IPO GMP Today?
As of now, the Yashhtej Industries IPO GMP remains quiet with limited grey market activity.
Why is GMP Low?
- It is a Fixed Price IPO, not a book-built issue.
- Fixed price issues generally attract lower speculative interest.
- Investors are waiting for subscription data before placing aggressive grey market bets.
Important Insight
If QIB and HNI categories fill quickly on Day 1 or Day 2, GMP could improve sharply. However, SME IPO GMP can be highly volatile and should not be the only decision factor.
For investors tracking live IPO data, platforms like Firstock – Trading App provide real-time subscription numbers, allotment updates, and listing price tracking, which can help in making data-driven IPO decisions.
About Yashhtej Industries (India) Limited
Core Business Model
Yashhtej Industries (India) Limited operates in the agro-processing sector, primarily focusing on soybean crushing and solvent extraction.
Step 1: Procurement
The company purchases soybeans from local mandis across Maharashtra.
Step 2: Processing
Using solvent extraction technology, soybeans are processed into:
- Crude Soybean Oil
- De-Oiled Cake (DOC)
Step 3: Sales
- Crude Oil → Sold to refineries
- DOC → Sold as animal and poultry feed
Currently, the company is purely a B2B commodity processor.
IPO Fund Utilization – The Big Expansion Plan
The ₹88.88 crore raised through the Yashhtej Industries (India) IPO will primarily be used for:
1️⃣ Forward Integration
- Setting up a 200 TPD Refinery
- Establishing a bottling plant
- Entering the branded edible oil segment
Refined edible oil has higher margins compared to crude oil.
2️⃣ Diversification into Solar Power
- Establishing a 5 MW Solar Power Plant
- Under PM-KUSUM scheme
- Selling electricity to the government
Strategic Shift
The company is attempting to move from:
Commodity Processing → Value-Added RefiningAgricultural Processing → Renewable Energy
Execution will determine success.
Yashhtej Industries IPO Financial Performance
Here is a clear breakdown of financial performance:
Massive Revenue Jump
Revenue increased 448% from FY24 to FY25.
This is an exceptional spike. Investors must evaluate whether:
- This growth is sustainable
- It is due to commodity price cycle
- Or due to capacity ramp-up
Profitability Trend
- Loss in FY23
- Turned profitable in FY24
- Strong profit of ₹11.56 Cr in FY25
Margins have improved, but this business remains cyclical.
Debt Analysis
Borrowings remain high at ₹37+ Cr.
The business is capital intensive and expansion may increase working capital requirements.
Key Risks in Yashhtej Industries IPO
1️⃣ Compliance & Governance Issues
The prospectus highlights:
- Delayed GST filings
- Delayed Provident Fund (PF) payments
- Delayed TDS filings
- ROC filing delays
- Violation under Companies Act (Section 62(1))
Weak compliance history can affect long-term investor confidence.
2️⃣ Cash Flow Volatility
Operating cash flow was negative in FY23 and FY24.
It turned positive only recently.
Sustaining positive cash flow is critical.
3️⃣ Customer Concentration Risk
Top 10 customers account for ~90% of crude oil sales.
Losing a major client could significantly impact revenue.
4️⃣ Seasonal & Commodity Risk
Soybean is seasonal. Risks include:
- Raw material price fluctuation
- Inventory losses
- Margin compression
Commodity businesses operate on thin margins.
Yashhtej Industries IPO Valuation
- IPO Price: ₹110
- Estimated P/E: ~14x
For a commodity SME player, valuation is reasonable but not deeply discounted.
The IPO pricing assumes sustainability of FY25 earnings.
Yashhtej Industries IPO Review – Final Verdict
The Yashhtej Industries IPO is a high-growth, high-risk SME opportunity.
Bull Case
- Successful refinery execution
- Higher margins from edible oil
- Stable solar revenue
- Revenue sustains above ₹300 Cr
Bear Case
- FY25 growth was temporary
- Compliance lapses continue
- Commodity cycle reverses
- Debt increases
Investor Suitability
Suitable for:
- Aggressive SME investors
- High-risk appetite investors
- IPO listing gain seekers
Not suitable for:
- Conservative long-term investors
- Risk-averse retail investors
How to Apply for Yashhtej Industries IPO?
You can apply via:
- Net banking ASBA
- Your stock brokers in india
- Trading platforms like Firstock – Trading App, which offers IPO application, real-time subscription tracking, and SME listing updates in one place.
Always ensure sufficient funds for the minimum lot size of ₹2,64,000.
Final Conclusion
The Yashhtej Industries (India) Limited IPO represents an ambitious expansion story backed by rapid financial growth.
However, investors must balance:
- Growth potential
- Execution capability
- Compliance history
- Commodity cycle risks
SME IPOs can generate strong listing gains, but they also carry high volatility.
Conduct proper due diligence before investing.
FAQs
1. What is the Yashhtej Industries IPO open date?
The IPO opens on February 18, 2026 and closes on February 20, 2026.
2. What is the Yashhtej Industries IPO price?
The issue price is fixed at ₹110 per equity share.
3. What is the lot size of Yashhtej Industries IPO?
The minimum lot size is 2,400 shares.
4. What is the minimum investment required?
₹2,64,000.
5. Is Yashhtej Industries (India) IPO a fresh issue or OFS?
It is a 100% fresh issue.
6. What is the Yashhtej Industries IPO GMP today?
Currently, the GMP is quiet with limited activity.
7. Where will Yashhtej Industries IPO list?
It will list on BSE SME platform.
8. What does Yashhtej Industries (India) Limited do?
It processes soybeans into crude oil and de-oiled cake and plans to enter refining and solar power.
9. Is Yashhtej Industries IPO good for long term?
It depends on execution of refinery and solar expansion.
10. Is this IPO risky?
Yes, due to commodity exposure, compliance history, and customer concentration.
Disclaimer: Investments in securities markets are subject to market risks. Read the RHP carefully before investing. This article is for educational purposes only and not investment advice.
