Yashhtej Industries Lists on BSE SME at 20% Discount Amid Muted Market Response

Yashhtej Industries (India) debuted on the BSE SME platform on February 25, following an IPO subscribed about 1.35-1.37 times. The IPO, priced at Rs 110 per share, was a fresh issue of over 80 lakh equity shares aimed at funding capital expenditure and working capital. Despite expectations of a flat listing, the stock opened at Rs 88, a 20% discount, and hit a lower circuit, reflecting cautious investor sentiment. The company produces soybean crude oil and de-oiled cake, serving primarily B2B customers in edible oil refining and animal feed industries.