Yashhtej Industries (India) Limited is set to launch its Initial Public Offering (IPO) on Wednesday, February 18, 2026 and close on Friday, February 20, 2026. It is a Maharashtra-based manufacturer of soybean crude oil and de-oiled cake (DOC).
Operating from the soybean-rich district of Latur, the company has established a strong B2B presence supplying to refineries and the animal feed industry. You can track all the upcoming and live IPOs at our IPO hub page which is updated regularly.
With a strategic roadmap to enter B2C edible oil refining and solar power generation, Yashhtej Industries is issuing 80,79,600 equity shares at a fixed price of ₹110 per share to raise approximately ₹88.88 Crores.
In this article, you will find Yashhtej Industries (India) IPO GMP today, price band, and a detailed review. For subscription status, check our ipo subscription status hub page and for the allotment details, check our updated IPO allotment status hub page.
Briefs of Yashhtej Industries IPO Details:
- Issue Price: ₹110 per equity share (Fixed Price)
- IPO Open / Close Dates: February 18, 2026 – February 20, 2026
- Lot Size: 1,200 Shares (Note: Retail Minimum Application is 2 Lots / 2,400 Shares)
- Issue Size: 80,79,600 Equity Shares / ~₹88.88 Crores
- Fresh Issue / OFS: 100% Fresh Issue
- Registrar: MAS Services Ltd.
- Listing Exchange: BSE SME
As MAS is registrar of this IPO, investors who want to know how to check allotment status, refunds and credit of shares at MAS, they can refer to our detailed guide on MAS IPO allotment status to resolve the queries.
What Is The Yashhtej Industries IPO GMP Today?
You can check the GMP of this and other issues at our live GMP hub page.
Note: The Grey Market Premium (GMP) changes daily based on market demand. It is an unofficial indicator and is not regularised by SEBI, NSE, or BSE.
What Are The Important Yashhtej Industries IPO Dates & Allotment Schedule?
For investors planning their capital allocation, here is the critical timeline for the issue:
- IPO Open Date: Wednesday, February 18, 2026
- IPO Close Date: Friday, February 20, 2026
- Basis of Allotment Date: Monday, February 23, 2026
- Refund Initiation Date: Tuesday, February 24, 2026
- Credit of Shares: Tuesday, February 24, 2026
- Listing Date: Wednesday, February 25, 2026
What Are The Objectives of Yashhtej Industries IPO?
The company proposes to utilize the Net Proceeds from the Fresh Issue towards the following strategic purposes:
- Capital Expenditure: A significant portion is allocated for setting up a 200 TPD Edible Oil Refinery and 50 TPD Bottling Plant to forward integrate into the B2C segment. Additionally, funds will be used to establish a 5 MW Solar Power Plant under the PM-KUSUM scheme for captive use and B2G revenue.
- Capacity Expansion: Increasing the existing solvent extraction capacity from 300 TPD to 450 TPD to handle higher procurement volumes.
- Working Capital: To meet incremental working capital requirements for inventory and operations.
How is The Financial Performance of Yashhtej Industries?
The following table summarizes the financial performance of the company based on restated consolidated financial statements.
(Figures in ₹ Crores)
| Particulars | Period Ended 30 Sep 25 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
Total Income | 191.22 | 324.96 | 59.25 | 12.00 |
Profit After Tax (PAT) | 7.25 | 11.57 | 1.13 | (0.58) |
EBITDA | 12.44 | 21.02 | 2.59 | (0.58) |
Total Borrowing | 37.47 | 43.85 | 33.91 | 16.62 |
Assets | 77.57 | 75.20 | 55.77 | 25.25 |
Financial Analysis & Observations:
Total Income:
The company reported Total Income of ₹324.96 Crores in FY25, a massive jump from ₹59.25 Crores in FY24. This growth trajectory continued in the first half of FY26 with ₹191.22 Crores, driven by the stabilization of its manufacturing operations after pivoting from trading.
Profit After Tax (PAT):
Profitability has surged alongside revenue, with PAT rising to ₹11.57 Crores in FY25 from ₹1.13 Crores in the previous year. The PAT margin improved to 3.79% in the recent stub period, reflecting better operational efficiency and capacity utilization.
EBITDA:
Operational strength is evident with EBITDA reaching ₹12.44 Crores in the half-year ended September 2025. The expansion in EBITDA margins (approx. 6.5%) is attributed to economies of scale and better absorption of fixed costs like power and labor.
Total Borrowing:
Debt levels stood at ₹37.47 Crores as of September 2025, primarily comprising working capital loans to fund soybean inventory during harvest seasons. The IPO proceeds will help in managing leverage while funding capital-intensive projects like the refinery and solar plant.
Assets:
The asset base expanded to ₹77.57 Crores by September 2025, largely due to heavy investments in Property, Plant, and Equipment. The upcoming capital expenditure funded by the IPO will further significantly increase the fixed asset base.
What Are The P/E Ratio and Peer Comparison?
Based on its Fiscal Year 2025 earnings per share (EPS) of ₹7.71, the IPO is priced at a Price-to-Earnings (P/E) multiple of approximately 14.27x at the upper end of the price band (₹110).
P/E Ratio = ₹110(Price) / ₹7.71(Earnings Per Share)
P/E Ratio ≈ 14.27x
Peer Comparison Table (FY 2024-25 Data)
| Company | P/E Ratio | RoNW (%) | Revenue (₹ Cr) |
Yashhtej Industries | ~14.27 | 58.86 | 324.75 |
| KN Agri Resources | 11.52 | 10.50 | 1,724.85 |
| Rama Phosphates | 41.26 | 3.68 | 743.69 |
Analysis:
Yashhtej Industries is entering the market at a P/E multiple of approximately 14.27x. While this is higher than its peer KN Agri Resources (11.52x), it is lower than the industry average of 26.51x and peers like Rama Phosphates (41.26x). Notably, Yashhtej has a Return on Net Worth (RoNW) of nearly 59%, indicating exceptional efficiency in generating profits from shareholder capital compared to its peers.
What is The Industry Outlook for Yashhtej Industries Limited?
Growth Potential:
The Indian edible oil market is one of the largest in the world, heavily dependent on imports. Domestic processing capacity is expanding to meet the "Atmanirbhar Bharat" goals. The soybean sector, in particular, is benefitting from rising demand for protein-rich animal feed (DOC).
Market Trends:
Integrated players who can process by-products (like DOC) and generate captive power (Solar) are better positioned to manage the volatile commodity cycles.
What Are The Strengths and Risks of Yashhtej Industries IPO?
Strengths:
- Forward Integration: The move into edible oil refining and bottling captures the higher-margin B2C value chain.
- Green Energy Hedge: The 5 MW solar plant not only reduces power costs but provides a stable, non-cyclical revenue stream (B2G).
- Strategic Location: Situated in Latur, a key soybean hub, the company enjoys logistical advantages in raw material procurement.
Risks:
- Raw Material Volatility: As an agro-commodity player, margins are highly sensitive to soybean price fluctuations and crop yields.
- Geographic Concentration: Over 90% of crude oil sales come from Maharashtra. Regional disruptions could impact revenue.
- High Ticket Size: The minimum retail investment of ₹2.64 Lakhs effectively targets HNI investors, potentially limiting retail liquidity.
Key Considerations for Investors
This section is for information purposes only and does not constitute financial advice.
Investors should note the Minimum Investment structure.
- Minimum Application: The lot size is 1,200 Shares. Based on the data provided, the minimum application for Retail Individual Investors is 2 Lots (2,400 Shares), amounting to ₹2,64,000. Note: This investment amount exceeds the typical ₹2 Lakh retail limit, essentially treating retail applicants as Small-HNI.
- Valuation: At ~14.3x P/E, the pricing leaves room for upside compared to industry averages.
- Risk Profile: The company is high-growth and profitable but operates in a cyclical commodity business with high working capital needs.
Key Takeaways
- IPO Price: ₹110 per share (Fixed Price).
- Min Investment: ₹2,64,000 (2,400 Shares).
- Allotment: February 23, 2026.
- Listing: BSE SME platform on February 25, 2026.
FAQs on Yashhtej Industries IPO
What is Yashhtej Industries IPO GMP today?
The GMP is a dynamic market sentiment indicator. Please check it at our gmp hub page which is updated regularly.
What is Yashhtej Industries IPO price band?
The issue price is fixed at ₹110 per equity share.
What is Yashhtej Industries IPO allotment date?
The allotment status is expected to be finalized on Monday, February 23, 2026.
How to check Yashhtej Industries IPO allotment status?
Investors can check the status on the website of MAS Services Ltd. (the Registrar) or via the BSE IPO allotment portal.
What is Yashhtej Industries IPO listing date?
The shares are tentatively scheduled to list on Wednesday, February 25, 2026.
Investment Perspective on Yashhtej Industries IPO
Yashhtej Industries offers a compelling integrated play in the agri-processing sector with impressive return ratios. While commodity risks exist, the diversification into solar energy and retail edible oil provides a strong growth narrative. However, the high minimum investment ticket size is a factor for retail investors to consider.
Disclaimer:
This article is strictly for educational purposes. Please consult a SEBI-registered investment advisor before making any investment decisions.
