Yashhtej Industries IPO Update 2026: Subscription, GMP Trends & Key Dates

The Yashhtej Industries IPO opened for subscription on February 18, 2026 and is scheduled to close on February 20, 2026. It’s a fixed‑price public issue with a price band of ₹110 per share, each having a face value of ₹10. The company aims to raise around ₹88.88 crore entirely through a fresh issue of 80,79,600 equity shares, with no Offer for Sale component. The IPO is set to be listed on the BSE SME platform, with the basis of allotment slated for February 23, 2026, refunds initiated on February 24, 2026, and the listing date expected on February 25, 2026.

Yashhtej Industries (India) Limited, founded in 2018 and headquartered at Latur, Maharashtra, operates primarily in the agribusiness sector. The company manufactures soybean crude oil from soybeans using solvent extraction and produces Soybean De‑Oiled Cake (DOC), a by‑product widely used in the animal feed industry. Yashhtej also supplies crude oil to B2B clients involved in refining processes and is exploring forward integration into edible oil refining and solar power generation.

For investors, the minimum lot size is 1,200 shares, equivalent to a minimum investment of ₹2,64,000 for retail investors (2 lots), while High‑Net‑Worth Individuals (HNIs) require at least 3,600 shares or ₹3,96,000. Retail and Non‑Institutional Investors (NIIs) each hold approximately 47.50% of the share allocation, with the remaining 5% reserved for Market Maker categories.

Subscription Trends:
Investor response has been mixed as the three‑day bidding period progressed. Early data showed modest interest on Day 1, with only around 12% subscribed by the close of the first trading day. By Day 3, subscription figures varied across sources. According to some reports, the IPO had seen about 0.92 times overall subscription, though retail investors were more active with around 1.70x subscription levels. This signifies strong retail appetite against comparatively lower participation from NIIs and QIBs.

Alternate data from secondary subscription trackers suggested total bidding of around 1.18x by Feb 20, with retail individual investors showing 2.04x subscription compared to 0.40x for NIIs. Subscription performance can vary depending on real‑time data sources.

Grey Market Premium (GMP) Trends:
One of the key metrics retail investors watch before an IPO listing is the Grey Market Premium (GMP), which reflects unofficial market sentiment on expected listing gains. In the case of Yashhtej Industries, the GMP peaked at around ₹23 per share on initial days of bidding but moderated to approximately ₹2 by the closing days, indicating fluctuating investor expectations. A higher GMP suggests bullish sentiment and potential listing gains, while a reduction may signal caution or subdued demand in secondary markets.

Overall, Yashhtej Industries IPO has garnered interest particularly among retail investors, partly due to its agri‑processing fundamentals and diversification plans into adjacent sectors like solar energy. However, institutional investor engagement has been comparatively muted. As the allotment and listing approach, final subscription ratios and GMP movement will provide clearer signals on how the stock might perform once publicly traded.

Investors should conduct thorough research and consider financial goals, risk tolerance, and broader market conditions before applying to the Yashhtej Industries IPO.