Yashhtej Industries IPO will open for subscription on February 18, 2026 and will close on February 20, 2026. The basis of allotment is scheduled for February 23, 2026 and the shares are proposed to be listed on BSE SME on February 25, 2026. The IPO is being offered at a fixed price of ₹110 per equity share by Yashhtej Industries (India) Ltd..
The company plans to raise ₹88.88 crores entirely through a fresh issue. With a sharp jump in revenue and profit in FY2025, the issue is positioned for investors looking at long-term participation in the agri-processing and edible oil value chain.
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Yashhtej Industries IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | February 18, 2026 |
| IPO Close Date | February 20, 2026 |
| Basis of Allotment | February 23, 2026 |
| IPO Listing Date | February 25, 2026 |
| Face Value | ₹10 per equity share |
| IPO Price | ₹110 per share |
| Issue Size | Approx ₹88.88 crores |
| Fresh Issue | Approx ₹88.88 crores |
| Offer for Sale | Not applicable |
| Issue Type | Fixed price issue |
| IPO Listing | BSE SME |
| Retail Quota | 50% |
| QIB Quota | 0% |
| HNI / NII Quota | 50% |
| DRHP Draft Prospectus | View PDF |
| RHP Draft Prospectus | View PDF |
Yashhtej Industries IPO
Open: 18-20 Feb
Issue Size: ₹49 Cr.
Objective: To improve plant capacity and meet general working needs.
Exchange: NSE
Yashhtej Industries IPO Review
The Yashhtej Industries IPO is priced at a P/E of around 14.27 based on FY2025 earnings, which appears reasonable considering the sharp scale-up in operations during the year. The company has reported strong growth in revenue and profitability, driven by higher processing volumes and better realisations.
However, the business is exposed to commodity price volatility, raw material availability and fluctuations in soybean prices. The high debt-to-equity ratio and relatively thin operating margins also remain key risks. Overall, the issue is suitable mainly for long-term investors who are comfortable with agri-commodity cycle risks.
Yashhtej Industries IPO Market Lot
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,400 | ₹2,64,000 |
| Retail Maximum | 2 | 2,400 | ₹2,64,000 |
| S-HNI Minimum | 3 | 3,600 | ₹3,96,000 |
IPO Reservation
| Investor Category | Share Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – | – |
| QIB (Ex. Anchor) | – | – |
| NII Shares Offered | 38,37,600 | 47.50% |
| Retail Shares Offered | 38,37,600 | 47.50% |
Yashhtej Industries IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | February 18, 2026 |
| IPO Close Date | February 20, 2026 |
| Basis of Allotment | February 23, 2026 |
| Refunds | February 24, 2026 |
| Credit to Demat Account | February 24, 2026 |
| IPO Listing Date | February 25, 2026 |
| IPO Bidding Cut-off Time | February 20, 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Mr. Baswaraj Madhavrao Barge, Mr. Suraj Shivraj Barge and Mr. Shivling Madhavrao Barge.
| Particulars | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,50,00,000 | 100.00% |
| Promoter Holding Post Issue | 2,30,79,600 | 65% |
Objects of the Issue
The company proposes to utilise ₹63.88 crores towards capital expenditure for expansion and upgradation of its manufacturing and processing infrastructure. An amount of ₹6.11 crores will be used to meet its incremental working capital requirements. The remaining funds will be utilised towards general corporate purposes to support business operations and growth initiatives.
About Yashhtej Industries IPO
Yashhtej Industries, incorporated in 2018, operates as an agribusiness company engaged in the processing of soybeans into soybean crude oil and soybean de-oiled cake. The company manufactures two primary products, namely soybean crude oil and soybean de-oiled cake, which is widely used in the animal feed and poultry industry.
The business follows a B2B model and mainly supplies its products to companies involved in refining activities. Its manufacturing facility uses technology-enabled systems to reduce wastage, minimise downtime and improve plant efficiency. The company has also diversified into the solar power segment to support its energy requirements.
Yashhtej Industries IPO Company Financial Report
Amount ₹ in crores
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | 12.00 | 12.58 | 0.58 | 25.25 |
| 2024 | 59.25 | 57.40 | 1.13 | 55.77 |
| 2025 | 324.96 | 309.44 | 11.57 | 75.20 |
| Sep 2025 | 191.22 | 181.78 | 7.25 | 77.57 |
Business Analysis and Financial Health
Yashhtej Industries operates in the soybean processing and agri-commodities segment, which continues to benefit from rising demand for poultry feed and edible oil across India. The company delivered exceptional revenue growth in FY2025, supported by a significant ramp-up in processing capacity and higher market penetration among refining clients.
Profitability also improved sharply, reflecting better utilisation of plant assets. However, operating margins remain modest and are vulnerable to fluctuations in soybean prices, logistics costs and seasonal procurement risks.
The company’s entry into the solar power segment can gradually reduce energy expenses. Although leverage remains on the higher side, the improving cash generation and expanding asset base indicate strengthening operational stability.
Yashhtej Industries IPO Valuation – FY2025
| KPI | Values |
|---|---|
| ROE | 83.61% |
| ROCE | 30.55% |
| EBITDA Margin | 6.47% |
| PAT Margin | 3.56% |
| Debt to equity ratio | 2.23 |
| Earning Per Share (EPS) | ₹7.71 (Basic) |
| Price / Earning P/E Ratio | 14.27 |
| Return on Net Worth (RoNW) | 58.96% |
| Net Asset Value (NAV) | ₹13.08 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| KN Agri Resources Limited | 14.76 | 11.52 | 10.50% | 140.61 | 1,724.85 Cr. |
| Rama Phosphates Limited | 3.86 | 41.26 | 3.68% | 104.90 | 743.69 Cr. |
IPO Lead Managers
| Merchant Banker |
|---|
| Erudore Capital Private Limited |
Company Address
| Particulars | Details |
|---|---|
| Company Name | Yashhtej Industries (India) Ltd. |
| Address | Plot No. D-73/1, Additional MIDC |
| City | Latur |
| State | Maharashtra |
| PIN Code | 413512 |
| Phone | +91 9175881666 |
| info@yashhtej.com | |
| Website | https://yashhtej.com/ |
IPO Registrar
| Registrar | Details |
|---|---|
| Name | MAS Services Ltd. |
| Phone | (011) 2610 4142 |
| ipo@masserv.com | |
| Website | https://www.masserv.com/opt.asp |
Yashhtej Industries IPO FAQs
What is Yashhtej Industries IPO?
Yashhtej Industries IPO is an SME IPO. The company is planning to raise ₹88.88 crores through a fixed price issue at ₹110 per equity share. The shares will be listed on BSE SME.
When will Yashhtej Industries IPO open for subscription?
The IPO will open on February 18, 2026 and will close on February 20, 2026.
What is Yashhtej Industries IPO investors’ portion?
The allocation for QIB is 0%, NII is 50% and retail investors is 50%.
How to apply for Yashhtej Industries IPO?
Investors can apply through ASBA using their bank account, through UPI using their stock broker platform, or by submitting an offline application form with their broker.
What is Yashhtej Industries IPO issue size?
The total issue size of the IPO is ₹88.88 crores.
What is Yashhtej Industries IPO price?
The issue price is fixed at ₹110 per equity share.
What is Yashhtej Industries IPO lot size?
The minimum application size is 2,400 shares for an amount of ₹2,64,000.
What is the Yashhtej Industries IPO allotment date?
The basis of allotment is expected to be finalised on February 23, 2026.
What is the Yashhtej Industries IPO listing date?
The shares are expected to be listed on BSE SME on February 25, 2026.
Expert Comment
Yashhtej Industries has demonstrated a sharp turnaround in scale and profitability during FY2025, supported by aggressive capacity utilisation and strong demand from feed and refining customers. The proposed capital expenditure is expected to strengthen operational capabilities further.
However, the company operates in a highly cyclical commodity-driven environment and carries relatively high leverage. Investors should track raw material price trends and working capital discipline closely. The IPO is better suited for long-term investors who understand agri-processing sector volatility.
