Yashhtej Industries IPO Grey Market Premium, Price & Expected Listing

Yashhtej Industries (India) Limited’s IPO has been a talking point in the SME segment of the Indian stock market in 2026, mainly due to its grey market premium (GMP) trends and investor sentiment ahead of listing. The company’s IPO launched as a fixed price issue at ₹110 per share with a total issue size of approximately ₹88.88 crore, consisting entirely of fresh equity. Investors were able to bid for shares in lots of 1,200 shares, meaning a minimum investment of around ₹2,64,000 per lot for retail participants.

The subscription window for the IPO was open from 18 February 2026 to 20 February 2026, with the allotment expected to be finalised on 23 February 2026. Following allotment, refunds are projected to be processed and credited to applicants’ accounts by 24 February 2026, with the shares also being credited to Demat accounts on the same day. The anticipated listing date for Yashhtej Industries shares on the BSE SME platform is 25 February 2026.

A distinctive aspect of this IPO has been the grey market premium activity, which often serves as an unofficial indicator of anticipated listing gains. According to the latest market reports, the IPO’s GMP experienced notable movement, with prices reaching as high as ₹23 on 18 February 2026, indicating an expected gain of around 20.91% over the issue price if this premium translated into actual listing performance. This would imply a potential listing price around approximately ₹133 per share. However, GMP figures can fluctuate frequently and are subject to change based on demand and trading activity before the official listing.

Yashhtej Industries is primarily engaged in the manufacturing and processing of soybean crude oil and soybean de-oiled cake (DOC). These products are significant in the edible oil supply chain and the animal feed industry. The company is based in Latur, Maharashtra, a region known for its soybean production, which provides strategic sourcing benefits. Its operations focus on solvent extraction, and it supplies products to various refiners and feed producers. In addition, the business has diversified into renewable energy projects, including a 5 MW solar power project.

While grey market premium indicates speculative sentiment for listing gains, it’s important to consider that these values are unofficial and do not guarantee actual listing outcomes. GMP reflects what investors are willing to pay for a share before it is officially tradable and can vary widely depending on market dynamics. As of mid-February, some sources noted that GMP was at or near ₹0 earlier in the bidding period, suggesting a neutral view at that time, though market chatter later indicated increased premiums closer to the final subscription days.

Investors looking at this IPO should also pay attention to Yashhtej Industries’ business fundamentals, sector demand, and future growth prospects beyond the grey market signals. While positive GMP trends highlight early market enthusiasm, actual listing performance will ultimately depend on how the IPO is received once trading commences on the BSE SME exchange. Keeping track of allotment results, subscription data, and any company updates ahead of the listing date can help in making more informed decisions.

Overall, the Yashhtej Industries IPO presents a unique opportunity for investors interested in the agricultural processing and renewable energy segments, backed by an active grey market that has hinted at potential listing gains above the issue price of ₹110 per share. With key events lined up in February 2026, including allotment on 23 February and listing on 25 February, market participants are watching closely to see how this offering performs post-listing.