Yogiji Digi Files ₹270 Cr IPO DRHP, Targets BSE & NSE Listing
By ThePip Desk
Yogiji Digi Limited files DRHP for a ₹2,700 million IPO, including a fresh issue and OFS. Aims for listing on BSE & NSE. Details inside.
Yogiji Digi Limited has officially filed its Draft Red Herring Prospectus (DRHP) with SEBI on July 20, 2026, for a Book Built Issue IPO. The offering includes a fresh issue totaling ₹2,700.00 million alongside an Offer for Sale (OFS) of up to 0.72 crore equity shares from existing shareholders.
The company, established in September 1993, operates as an integrated flat steel processing solutions provider in India. Yogiji Digi Limited aims to list its equity shares on both the BSE and NSE.
IPO Details & Key Figures
- Fresh Issue: ₹2,700.00 million
- Offer for Sale: Up to 0.72 crore equity shares
- Book Running Lead Manager: Emkay Global Financial Services Ltd.
- Registrar to Issue: Bigshare Services Pvt. Ltd.
Specific IPO dates, price bands, and lot sizes are not yet finalized. Prior to the IPO, promoters hold 45.27% of the 56,714,910 equity shares, with the public holding 54.73%.
Financial Performance & Market Position
Yogiji Digi Limited has reported robust financial growth. Total revenue from operations increased from ₹3,965.30 million in FY24 to ₹6,261.12 million in FY26, marking a Compound Annual Growth Rate (CAGR) of 25.66%.
Profit After Tax also saw significant growth, rising from ₹199.32 million in FY24 to ₹404.24 million in FY26. The company holds approximately 53% market share in the Cold Rolling Mill segment and about 38% in Galvanizing Lines within India.
Use of Proceeds & Strategic Outlook
The net proceeds from the IPO are earmarked for several key initiatives. A substantial ₹1,400.00 million is allocated for the company’s working capital requirements.
- Working Capital: ₹1,400.00 million
- Borrowing Repayment: ₹450.00 million
- General Corporate Purposes: Remaining portion
The company specializes in designing, manufacturing, and supplying equipment for cold rolling and downstream steel processing, offering comprehensive turnkey solutions. It is expanding into new technologies like the Hot Rolling Mill segment and CRGO steel processing lines, aiming to capitalize on the Indian domestic steel market, projected to reach USD 227.38 billion by 2032.