Neetu Yoshi IPO
Open SmeCurrent GMP
₹18 (+24.00%)
Price Band
₹ 71 – 75
Lot Size
1600
Issue Size
₹77.04 Cr
Minimum Investment
₹240000 (3200 Shares)
Listing Date
04 July 2025
Subscription
89.85x
About the Company
Neetu Yoshi Limited is a specialized foundry and CNC machining facility focused on manufacturing customized ferrous metallurgical products. Incorporated in January 2020, the company offers a diverse product portfolio that includes mild steel, spheroidal graphite iron, cast iron, and manganese steel components ranging from 0.2 kg to 500 kg.
Neetu Yoshi is an RDSO-certified vendor for Indian Railways, supplying over 25 types of critical casting products. These components are integral to braking systems, suspension setups, propulsion units, and coupling attachments. Applications span across bogies, LHB coach parts, wagons, locomotives, and railway track infrastructure.
Manufacturing Facility
The company operates a single, fully integrated manufacturing facility spread across 7,173 sq. meters in Bhagwanpur, Uttarakhand. This strategic location offers proximity to alloy suppliers and benefits from lower power tariffs, supporting cost-efficient operations. As of September 2024, the facility's installed production capacity stands at 8,087 metric tonnes per annum (MTPA)—up from 4,493 MTPA as of March 31, 2024.
Product Portfolio
Neetu Yoshi manufactures a wide range of standard and customized castings for Indian Railways, including:
- Braking, Suspension, and Propulsion Components:
CP Assemblies, Brake Beams, Wedges, End Castings, Strut Castings, Bogie Parts - Structural and Support Components:
Axle Box Housings, Narrow/Wide Jaw Adaptors, K-Type Adaptors, Liners - Mechanical and Safety Components:
Striker Castings, Back Stops, Yoke Pins, Support Plates - Coupler Systems:
Couplers for wagons, coaches, and locomotives
As of July 31, 2024, the company employed 88 personnel, including senior management. Neetu Yoshi continues to invest in skilled talent, robust quality assurance, and advanced manufacturing capabilities.
Competitive Strengths
- RDSO-approved, fully equipped manufacturing facility
- Strategic location with operational cost advantages
- Strong focus on quality assurance and control
Promoters
- Himanshu Lohia
- Subodh Lohia
- Saundarya Lohia
Promoters Holding
Holding Pre Issue
95.23%
Holding Post Issue
70.03%
Objects of the Issue
The Company Neetu Yoshi IPO proposes to utilise the Net Proceeds from the Issue towards the following object
- Setting up of new manufacturing facility
- General corporate purposes
Address / Contact Info
Neetu Yoshi Limited
2/155, Jakhan, Rajpur Road
Dehradun, Uttarakhand, 248001
Phone: 9258199664
Email: cs@neetuyoshi.com
Website: http://www.neetuyoshi.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 27 June 2025
IPO Close Date
Tuesday, 01 July 2025
Basis of Allotment
Wednesday, 02 July 2025
Initiation of Refunds
Thursday, 03 July 2025
Credit of Shares to Demat
Thursday, 03 July 2025
Listing Date
Friday, 04 July 2025 — NSE & BSE
Important Dates
Open Date
27 June 2025
Close Date
01 July 2025
Basis Of Allotment
02 July 2025
Listing Date
04 July 2025
Financial Performance (₹ in Crores)
| Particular | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 53.16 | 38.5 | 14.63 | 3.08 |
| Revenue | 51.47 | 47.45 | 16.33 | 4.63 |
| Profit After Tax | 11.99 | 12.58 | 0.42 | 0.07 |
| Net Worth | 40.14 | 19.74 | 5.57 | 2.69 |
| Reserve & Surplus | 0 | 15.86 | 3.29 | 2.55 |
| Total Borrowings | 8.4 | 17.39 | 8.25 | 0 |
EPS Pre
4.41%
EPS Post
4.12%
P/E Pre
17.02
P/E (Post Issue)
18.20x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Sun, Mar 31, 2025 |
|---|---|
| ROE % | 0 |
| ROCE % | 43.74 |
| Debt / Equity | 0.88 |
| RoNW % | 99.2 |
| PbW | 0 |
| Pat Margin % | 26.58 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Market Maker | 520000 | 5.06 | 0 |
| Qualified Institutions | 4872000 | 47.43 | 0 |
| Non-Institutional | 1465600 | 14.27 | 0 |
| Retail Investors | 3414400 | 33.24 | 0 |
| Total | 10272000 | 100 | 0 |
Subscription Status ( Tue, 01 Jul 25 01:45 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 4872000 | 188097600 | 38.61x |
| Non-Institutional | 1465600 | 376731200 | 257.05x |
| Retail Investors | 3414400 | 311436800 | 91.21x |
| Total | 9752000 | 876265600 | 89.85x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 120,000.00 |
| Retail (Max) | 1 | 1,600 | 120,000.00 |
| B-HNI (Min) | 2 | 3,200 | 240,000.00 |
Registrar
Skyline Financial Services Private Ltd
02228511022
info@skylinerta.com
https://www.skylinerta.com
Book Running Lead Managers
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Neetu Yoshi IPO is a Book-building IPO worth ₹77.04 crores. The price band is ₹71 to 75 per share. The IPO opens on Fri, Jun 27, 2025 and closes on Tue, Jul 1, 2025. It will be listed on BSE and NSE. Skyline Financial Services Private Ltd is the registrar.
The Neetu Yoshi IPO opens on Fri, Jun 27, 2025 and closes on Tue, Jul 1, 2025
Neetu Yoshi IPO Price Band is ₹71 to 75.
Neetu Yoshi IPO lot size is 1600, and the minimum amount required for application is ₹240000.
The minimum investment for Neetu Yoshi IPO is approximately ₹240000 based on the upper price band.
To apply for the Neetu Yoshi IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Jul 1, 2025. After submission, funds are blocked until the basis of allotment of Neetu Yoshi IPO is finalised.
Neetu Yoshi IPO issue size is ₹77.04 crores.
Neetu Yoshi IPO allotment date is Sat, Jun 27, 2026.
The registrar for Neetu Yoshi IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website for IPO allotment status, refund processing, and other queries related to Neetu Yoshi IPO through their official website or helpline.
The Neetu Yoshi IPO GMP (Grey Market Premium) is ₹18 as of Fri, Jul 4, 2025. Based on the upper price band of ₹75 per share, the estimated Neetu Yoshi IPO listing price is ₹93, indicating a potential listing gain of approximately 31% over the issue price.