Business description – Yasho Industries is engaged in manufacturing of varied re-engineered chemicals over 2 decades. The company’s product range includes:
- Aroma Range Chemicals – Chemicals like fatty esters and Natural Essential/ aroma oils which caters to gamut of Personal Care, Cosmetics & Toiletries, Flavors & Fragrances and Pharmaceutical segments.
- Food Antioxidant Range Chemicals – TBHQ (Tertiary-butyl hydroquinone), BHA (Butylated Hydroxy Anisole), AP (Ascorbyl Palmitate) and various complementary antioxidants which are used in various food products.
- Lube Range and Rubber Range Chemicals – Additives including Aminic Antioxidants, Molybdemum based Extreme Pressure & Anti Wear Additives and Corrosion inhibitors and chemicals like Benzotriazole and Tolytrizole which are required by the Petroleum and Synthetic Lubricants industry. The company also caters to leading processors of rubber in the Auto Ancillary, Tyre Industry, Construction, Industrial Machinery and White Goods sector.
- Speciality Range Chemicals – Electroplating chemicals, Intermediates for API/Bulk Drugs, UPR Resins/ Fibre Composites Resins, Thermoplastics Urethanes (Polyurethanes), Printing Inks & Agrochemicals etc.
For the six months period ending 30 September 2017, the company generated 53.05% of its revenues from export markets.
Promoters of Yasho Industries – Mr. Vinod Jhaveri, Mr. Parag Jhaveri & Mr. Yayesh Jhaveri
| Yasho Industries IPO details | |
| Subscription Dates | 19 – 21 March 2018 |
| IPO Price band | INR100 per share |
| Fresh issue | 899,200 shares (INR8.99 crore) |
| Offer for sale | 2,000,000 shares (INR20 crore) |
| Total IPO size | 2,899,200 shares (INR28.99 crore) |
| Minimum bid (lot size) | 1,200 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Use of funds
- Part financing of the expansion and upgradation project at existing manufacturing facilities at Vapi, Gujarat – INR8.75 crore
- Company’s share of offer related expenses – INR0.24 crore
| Yasho Industries’ financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | H1 FY2018 | |
| Total revenue | 119.3 | 157.0 | 171.3 | 180.1 | 198.4 | 109.6 |
| Total expenses | 124.9 | 159.4 | 171.2 | 177.8 | 192.9 | 106.7 |
| Profit after tax | -3.9 | -1.5 | 0.1 | 1.5 | 3.7 | 1.9 |
Yasho Industries’ Contact Details
Yasho Industries Limited
Office No. 101/102, Peninsula Heights
C. D. Barfiwala Marg, Juhu Lane
Andheri (West), Mumbai – 400058
Phone: +91 22 6251 0100
Email: [email protected]
Website: www.yashoindustries.com
Yasho Industries IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.22 |
| Day 2 | 0.70 |
| Day 3 | 1.05 |
Yasho Industries Valuation (Latest FY)
Earnings Per Share (EPS): INR3.67
Price/Earnings (P/E) ratio: 27.25
Return on Net Worth (RONW): 21.23%
Net Asset Value (NAV): INR1.73 per share
Registrar of Yasho Industries IPO
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072
Phone:Â +91 22Â 4043 0200Â
Fax:Â +91 22Â 2847Â 5201
Email:Â [email protected]
Website:Â www.bigshareonline.com
Yasho Industries IPO Allotment Status
Yasho Industries IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing performance of Yasho Industries
IPO Opening Date: 19 March 2018
IPO Closing Date: 21 March 2018
Finalisation of Basis of Allotment: 26 March 2018
Initiation of refunds: 27 March 2018
Transfer of shares to demat accounts: 28 March 2018
Listing Date: 2 April 2018
Listing Price on BSE SME: INR101.25 per share (up 1.25% from IPO price)
Closing Price on BSE SME: INR100.25 per share (up 0.25% from IPO price)
