Yash Highvoltage Ltd Company Summary

Yash Highvoltage Ltd Summary

Yash Highvoltage Limited was originally incorporated in the name of Yash Highvoltage Insulators Private Limited on June 06, 2002 at Gujarat. The name of the Company was changed to Yash Highvoltage Private Limited on February 13, 2018 which got converted into a Public Company on February 19, 2018 and the name was changed to Yash Highvoltage Limited on March 07, 2018 at Ahmedabad.The Company carry out manufacturing operations from their plant located in Dist. Savli, Vadodara, which has an installed capacity for production of 2500 units of OIP Bushings, 500 units of High Current Bushings, 1500 units of RIP Bushings and 1200 units of FRP cylinders & Guard Rings. The Company is engaged in manufacturing and distribution of transformer bushings, particularly, high current bushings, OIP condenser bushings, RIP condenser bushings and insulation materials, particularly Fibre Glass cylinders and FRP guard rings. A bushing is an electrical engineered component that insulates a high-voltage conductor passing through a metal enclosure, like transformers. It allow an electrical conductor to pass safely through a transformer. It undertake repairing, retrofitting and replacement work of old bushings.The market for transformer bushings comprises of two segments i.e. new products supplied for new transformers and secondly, replacement bushings sold either to upgrade an existing transformer installation or as replacement for a bushing that has suffered damage during the working life of the transformer. The Company is present in both segment of transformer bushings. The range in transformer bushings and related services not only allow existing customers to source their product & service requirements but also enables to expand business as well as address a larger base of potential new customers. Majority of bushings are customized in terms of Mounting Dimensions, Termination lengths, Terminal/conductor material, shape & size, operating conditions such as altitude, temporary- ver- voltages (ToV), temperature of ambient air and immersion medium, seismic conditions, operating cantilever load etc.Later on, in 2016, a new product line i.e., Transformer Bushing was launched. Apart from this, the Company joined hands rights with MGC Moser - Glaser AG, a Switzerland based Company, engaged in manufacturing of RIP Bushings and RIP Busbar Systems, for rendering their technology to produce and sale RIP Bushings in India under their technical knowhow. The Company raised Rs 110.01 Crore through Initial Public Offer by issuing 75,35,000 equity shares of face value of Rs 5 each, comprising a fresh issue of 64,05,000 equity shares aggregating to Rs 93.51 Crore and offer for sale of 11,30,000 equity shares aggregating to Rs 16.5 Crore in December, 2024. The Company incorporated a USA based subsidiary - Yash HV USA Inc. to expand sales across the America in FY 2025.