Yogiji Digi Secures ₹39 Crore in Pre-IPO Placement Ahead of Upcoming IPO Launch

Yogiji Digi has successfully raised approximately ₹39 crore through a pre-IPO placement that took place on November 4, 2026. The company allotted 18,05,555 shares at ₹216 each to 11 selected investors, including notable firms like RB4 Finance and Investment Co. This funding will be used to bolster the fresh issue part of the upcoming IPO. The IPO plans feature a total fresh issue component of ₹270 crore alongside an offer for sale (OFS) of 71.71 lakh shares from current shareholders, primarily the promoters.

The company specializes in manufacturing machinery for steel processing, particularly for cold rolling mills and coating lines, with operations based in Palwal, Haryana. In terms of financial performance, Yogiji Digi reported revenues of ₹626 crore in FY26, up from ₹480 crore the previous fiscal year, alongside a profit after tax of about ₹40 crore. Following its pre-IPO placement, the unlisted share price was recorded at ₹288 on November 5, suggesting positive market sentiment, though this is not directly comparable to the placement price.

Currently, the IPO’s detailed pricing and date are pending SEBI’s approval process, significant for setting the market tone for retail investors. The robust pre-IPO sentiment, alongside the company’s solid financial growth, may enhance appeal for potential investors upon its official listing on the BSE or NSE. Asian market trends suggest that the grey market may be cautiously optimistic as anticipation builds for the IPO to officially open.

Source: The Economic Times

(Expert Note: This report was prepared by the Wealthova IPO team.)