Synopsis: Yashhtej Industries (India) Ltd (BSE SME) opened its ₹88.88 crore IPO today, February 18, 2026. The “Zero-Minute” fact is that the retail portion was subscribed 0.23x within the first few hours. Investors are drawn to its massive 420% three-year revenue CAGR and its pivot from crude soybean oil to a high-margin branded edible oil and solar power model.
The Yashhtej Industries (India) IPO is currently the talk of the SME segment as it opens for subscription from February 18 to February 20, 2026. Based in Latur, Maharashtra, this soybean processor is leveraging a “zero-waste” value chain to attract high-risk SME investors. By mid-day on Day 1, the issue has seen a total subscription of 0.12x, with the retail category leading the interest at 0.23x.
Step-by-Step: How to Apply on Day 1
Since this is an SME IPO, the application process requires a higher minimum investment compared to mainboard issues.
- Log in to your Broking App: Access your account via platforms like Zerodha, Groww, Angel One, or Upstox.
- Navigate to the IPO Section: Select “Yashhtej Industries (India) Ltd” from the list of open issues.
- Enter Bid Details: The price is fixed at ₹110 per share. You must apply for a minimum of 2,400 shares (2 lots).
- UPI Mandate: Enter your UPI ID and submit. You will receive a mandate request on your UPI app (GPay, PhonePe, etc.).
- Approve the Block: Approve the payment before 5 PM to ensure your bid is registered with the exchange.
Yashhtej Industries IPO: Key Details & Lot Size
| Particulars | Details (Feb 18, 2026) |
| Price Band | ₹110 (Fixed Price) |
| Minimum Lot Size | 1,200 Shares |
| Min. Retail Investment | ₹2,64,000 (2 Lots / 2,400 Shares) |
| Issue Size | ₹88.88 Crore (100% Fresh Issue) |
| Listing Date | February 25, 2026 (BSE SME) |
Why is Yashhtej Industries Attracting Retail Investors?
The primary attraction for retail participants is the Exponential Financial Growth. The company’s revenue jumped from ₹12 crore in FY23 to ₹324.76 crore in FY25, marking a staggering 420% 3-year CAGR. This surge is attributed to the company’s aggressive expansion in the soybean de-oiled cake (DOC) market, which is in high demand for the poultry industry.
Furthermore, the “1-2-1” rule of its investment appeal is evident: one massive capacity expansion (increasing from 300 TPD to 450 TPD), two strategic diversifications (entering branded edible oil refining and a 5 MW solar project), and one attractive valuation. With a P/E ratio of 14.27x compared to the sector average of 75.04x, many value-seekers view the fixed price of ₹110 as a lucrative entry point for a high-growth agro-tech play.
Risks to Consider
- Commodity Price Volatility: Soybean prices are highly sensitive to weather and global market shifts.
- Aggressive Pricing: Some analysts have labeled the issue “dicey” due to the sudden spike in FY25 profits, questioning the sustainability of such rapid growth.
- SME Liquidity: As an SME stock, it may face lower trading volumes post-listing compared to mainboard stocks.
The Bottom Line
The Day 1 subscription of 0.12x shows a measured start, but the 20% Grey Market Premium (GMP)—trading around ₹133—suggests listing gains are on the horizon. For the Aam Aadmi investor, the high entry barrier of ₹2.64 lakh makes this a conviction-based play on India’s booming edible oil and animal feed sectors.