Yashhtej Industries (India) IPO

About Yashhtej Industries (India) IPO

The Yashhtej Industries (India) IPO opens on Wednesday, Feb 18, 2026 and closes on Friday, Feb 20, 2026. The allotment of shares will take place on Monday, Feb 23, 2026. The credit of shares to the demat account will take place on Tuesday, Feb 24, 2026. The initiation of refunds will take place on Tuesday, Feb 24, 2026. The listing of shares will take place on Wednesday, Feb 25, 2026.

The offer consists of a fresh issue component. The fresh issue will include 0.81 crore shares of ₹88.88 crores. The total number of shares is 80,79,600 shares (aggregating up to ₹89 crores).

Yashhtej Industries (India) IPO’s issue price is ₹110 per share. The lot size for an application is 1,200. The minimum amount of investment required by the retail category is ₹2,64,000 (2,400 shares) (based on upper price). The minimum lot size for investment required by HNIs is 3 lots (3,600 shares), amounting to ₹3,96,000.

Yashhtej Industries (India) currently manufactures and processes soybean crude oil from soybean through the solvent extraction process and manufacturing of Soybean De-Oiled Cake (‘DOC’). It sells this to refineries, which further processes the crude oil into edible oil. Now the company is taking a step towards forward integration by setting up a refining and bottling plant to enter the segment of producing edible soybean oil, leveraging its presence in the soybean oil market.

Objectives of Yashhtej Industries (India) IPO

• Capital expenditures.
• Working capital requirements.
• General corporate purposes.

Industry Outlook

Crude soybean oil and de-oiled cake (DOC) are the twin pillars of India’s soy economy. While crude oil fuels edible oil production and bio-based industries, protein-rich DOC powers livestock feed and exports. Together, they create a zero-waste value chain driving food security, industrial growth, and sustainable trade.

Solar power is transforming India’s energy landscape, offering clean, affordable, and scalable solutions. Supported by policy, technology, and innovation, it reduces fossil fuel dependence, creates jobs, and powers homes, industries, and farms. From rooftop systems to large-scale solar parks, it drives sustainability, resilience, and inclusive growth in the green economy.

About Yashhtej Industries (India)

Yashhtej Industries (India), based in Latur, Maharashtra, is primarily engaged in the business of manufacturing/processing of soybean crude oil from soybeans through the solvent extraction process and manufacturing of Soybean De-Oiled Cake ('DOC').

Soybean crude oil is required to be further refined to enable it to become edible oil and fit for consumption. Therefore, the company operates in a business-to-business (i.e., B2B) segment, i.e., the said crude oil is supplied to the customers who are engaged in undertaking the refining activity. They have also entered the segment of solar power generation and supply of the same.

Strengths of Yashhtej Industries (India)

• Automated manufacturing processes.
• In-house laboratory for quality checks.
• Government incentive support.
• Forward integration into the edible soybean oil segment.
• Diversifying business into solar power generation projects.

Risks of Yashhtej Industries (India)

• Any adverse developments affecting their operations in their core markets of Maharashtra, Karnataka, Tamil Nadu and Madhya Pradesh.
• Inadequate or interrupted supply and price fluctuation of their raw materials.
• Any disruptions in their distribution/broker network.
• Any slowdown or interruption to their manufacturing operations.
• Any significant social, political, economic or seasonal disruption, natural calamities or civil disturbances in the state of Maharashtra where their manufacturing facility is concentrated.

Source: The company’s financial figures are based on restated audited financial statements for the financial year ended on March 31, 2025, unless provided otherwise.
*P/E ratio for the listed peer is taken from the closing price as on February 06, 2026 at BSE/NSE divided by the EPS as on March 31, 2025.
#P/E ratio is as per the restated financials for period ended on March 31, 2025.
With respect to Industry peers, all the financial information mentioned above is on a consolidated basis (unless otherwise available only on standalone basis) and sourced from the audited financial statements/Annual Reports of the respective companies for the year ended March 31, 2025, available on public domain unless provided otherwise.
Notes: i. EPS is the consolidated Basic Earnings Per Share for the period ended on March 31, 2025
ii. P/E ratio for the listed peer is taken from the closing price as on February 09, 2026 at BSE/NSE divided by the EPS as on March 31, 2025.
iii. RoNW has been computed as consolidated Net profit after tax attributable to the owners of the company divided by consolidated Net worth at the end of the year ended March 31, 2025.
iv. NAV per equity share has been calculated as consolidated Net worth divided by Number of equity shares outstanding as on March 31, 2025.

Anchor Investor Bidding Date

TBA

• Registrar: MAS Services Limited
• Book Running Lead Managers: Erudore Capital Private Limited

Yashhtej Industries (India) Business Model

The company earns its revenue through the following:

• Manufacturing/processing soybean crude oil from soybeans through the solvent extraction process and manufacturing of Soybean De-Oiled Cake ('DOC').
• Solar power generation and supply.

Yashhtej Industries (India) Growth Trajectory

(Restated Data)
Yashhtej Industries (India)’s Total Income for FY25 was ₹324.96 crores, whereas in FY24 and FY23 it was ₹59.25 crores and ₹12.00 crores, respectively.

The Profit After Tax for FY25 was ₹11.57 crores, whereas in FY24 and FY23 it was ₹1.13 crores and ₹(0.58) crores, respectively.

Their EBITDA for FY25 was ₹21.02 crores, whereas in FY24 and FY23 it was ₹2.59 crores and ₹(0.58) crores, respectively.

Yashhtej Industries (India) Market Position

Currently, the company manufactures soybean crude oil that is sold to refiners. With the commissioning of their own refining facility, they aim to convert crude oil into edible-grade refined soybean oil, thereby enabling them to enter the edible oil segment and add higher value to their existing operations.

This forward integration will allow them to serve both wholesale and retail markets directly, improve margins, and enhance their presence in the FMCG space. The investment in the refining unit is expected to be a transformative step in their value chain and overall business expansion.

As of 31 March 2025, the company’s Total Income, Profit After Tax, and EBITDA were ₹324.962 crores, ₹11.567 crores, and ₹21.021 crores, respectively.

How to apply for Yashhtej Industries (India) IPO?

• Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.