Yashhtej Industries (India) Limited is engaged in the business of processing soybeans through the solvent extraction process to manufacture Soybean Crude Oil and Soybean De-Oiled Cake (DOC). The company operates from its manufacturing facility located at MIDC, Latur, Maharashtra.
The company’s primary operations involve:
- Soybean Crude Oil Manufacturing: The company extracts crude oil from soybeans using the hexane-based solvent extraction process, ensuring higher oil recovery and efficiency. The crude oil is supplied to refiners for further processing into edible oil.
- Soybean De-Oiled Cake (DOC) Manufacturing: DOC, the protein-rich residue after oil extraction, is used in animal feed, poultry feed, and aquaculture. It is a key revenue contributor driven by strong demand from feed manufacturers and exporters.
The company follows a B2B model, supplying crude oil to refiners and DOC to feed manufacturers. Revenue depends on soybean availability, crushing margins, and market demand.
The company has diversified into solar power generation to reduce energy costs and enhance operational efficiency while supporting sustainability.

Yashhtej Industries IPO – Details
| IPO Opening Date | 18 February 2026 |
| IPO Closing Date | 20 February 2026 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 80,79,600 Shares Worth ₹88.88 Crore Fresh Issue: 80,79,600 Shares Worth ₹88.88 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹110 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | MAS Services Ltd. |
| NII Shares Offered | 50% |
| Retail Shares Offered | 50% |
Yashhtej Industries IPO – Date Schedule
| IPO Open Date | 18 February 2026 |
| IPO Close Date | 20 February 2026 |
| Basis of Allotment | 23 February 2026 |
| Initiation of Refund | 24 February 2026 |
| Credit of Shares to Demat | 24 February 2026 |
| IPO Listing Date | 25 February 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 20, 2026 |
Yashhtej Industries IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,64,000 |
| Retail (Max) | 2 | 2400 | ₹2,64,000 |
| S-HNI (Min) | 3 | 3600 | ₹3,96,000 |
Competitive Strength
- Automated manufacturing processes.
- In-house laboratory for quality check.
- Customization in DOC offerings.
- Government Incentive Support.
- Forward integration into the Edible Soybean Oil Segment.
Company Promoters
- Mr. Baswaraj Madhavrao Barge
- Mr. Suraj Shivraj Barge
- Mr. Shivling Madhavrao Barge
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹12.00 Cr | ₹12.58 Cr | – ₹0.58 Cr | ₹16.62 Cr |
| 31 March 2024 | ₹59.25 Cr | ₹57.40 Cr | ₹1.13 Cr | ₹33.91 Cr |
| 31 March 2025 | ₹324.96 Cr | ₹309.44 Cr | ₹11.57 Cr | ₹43.85 Cr |
| 30 September 2025 | ₹191.22 Cr | ₹181.78 Cr | ₹7.25 Cr | ₹37.47 Cr |
Key Performance Indicator
| KPI | Values (Sep 30, 2025) |
|---|---|
| ROE | 31.19% |
| ROCE | 17.98% |
| Debt/Equity | 1.39 |
| RoNW | 26.98% |
| PAT Margin | 3.79% |
| EBITDA Margin | 6.51% |
| Price to Book Value | 6.14 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.71 | 6.28 |
| P/E (x) | 14.26 | 17.51 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Capital expenditures. | ₹63.88 |
| Funding of Working Capital requirements. | ₹6.11 |
| General corporate purposes. | ₹9.50 |

✅Strengths
- Strategic location in soybean-producing region (Latur, Maharashtra).
- Integrated soybean processing (Crude Oil + DOC).
- B2B model with refiners and feed manufacturers.
- Experienced promoter group.
- Diversification into solar power.
⚠️Risks
- High dependence on soybean crop availability.
- Exposure to commodity price volatility.
- Limited product diversification.
- Intense industry competition.
- Working capital-intensive operations.
Yashhtej Industries IPO Promoter Holding
| Pre-Issue Share Holding | 100.00% |
| Post Issue Share Holding | 65.00% |
Yashhtej Industries IPO Prospectus
Company Contact Information
| Yashhtej Industries Ltd. Plot No. D-73/1, Additional MIDC, Latur, Maharashtra, 413512 Phone: +91 9175881666 Email: info@yashhtej.com Website: https://yashhtej.com/ |
Yashhtej Industries IPO Registrar
| MAS Services Ltd. Phone: (011) 2610 4142 Email: ipo@masserv.com Website: https://www.masserv.com/opt.asp |
Yashhtej Industries IPO Lead Manager(s)
| 1. Erudore Capital Private Limited |
Yashhtej Industries IPO FAQ

| What is the Yashhtej Industries IPO? Yashhtej Industries IPO is an SME IPO. The issue is priced at ₹110 per equity share. The IPO is to be listed on BSE SME. |
| When will Yashhtej Industries IPO open? The IPO is to open on 18 February 2026 for NII and Retail Investors. |
| What is Yashhtej Industries IPO Investors’ Portion? The investors’ portion for NII – 50% and Retail – 50%. |
| What is the Yashhtej Industries IPO Size? Yashhtej Industries IPO size is ₹88.88 Crore. |
| What are the Yashhtej Industries IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 2400 Shares for ₹2,64,000, while the maximum bid is 2400 Shares for ₹2,64,000. |
| What is the Yashhtej Industries IPO Allotment Date? Yashhtej Industries IPO allotment date is 23 February 2026. |
| What is the Yashhtej Industries IPO Listing Date? Yashhtej Industries IPO listing date is 25 February 2026. The IPO is to be listed on the BSE SME. |



