Neetu Yoshi Limited is engaged in manufacturing customized ferrous metallurgical products — including components made from Mild Steel, SG Iron, Cast Iron, and Manganese Steel — serving critical applications across Indian Railways and industrial OEMs.
🔧 Known for precision engineering, the company is a certified vendor of RDSO and supplies vital parts like brake systems, suspension elements, coupling aids, and motor housings that keep India’s trains safe, connected, and on the move.
What makes Neetu Yoshi stand out is its transformation from a trading firm (established in 2020) to a full-fledged manufacturer with an integrated foundry and CNC machine shop — enabling design-to-delivery control, consistent quality, and quicker turnaround times for customized components.
⚙️ Core Product Range Includes:
- Railway Brake & Suspension Parts
- Coupling & Propulsion Castings
- High Manganese and Alloy Steel Components
- Customized Metal Parts (0.2 kg to 500 kg)
🏭 Operating from a modern facility in Khasra No. 130, Bhagwanpur, Uttarakhand, the company holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, ensuring commitment to quality, environment, and occupational safety.
👷 With just 34 dedicated employees (as of December 31, 2023), Neetu Yoshi Limited is quietly forging India’s industrial future — one customized casting at a time.
Neetu Yoshi IPO – Details
| IPO Opening Date | 27 June 2025 |
| IPO Closing Date | 01 July 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 1,02,72,000 Shares Worth ₹77.04 Crore Fresh Issue: 1,02,72,000 Shares Worth ₹77.04 Crore |
| Face Value | ₹5 per equity share |
| IPO Price | ₹71 – ₹75 per share |
| Market Lot | 1,600 |
| Min Order | 1,600 Shares ( 1 Lot ) |
| Listing At | BSE SME |
| Registrar | Skyline Financial Services Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Neetu Yoshi IPO – Date Schedule
| IPO Open Date | 27 June 2025 |
| IPO Close Date | 01 July 2025 |
| Basis of Allotment | 02 July 2025 |
| Initiation of Refund | 03 July 2025 |
| Credit of Shares to Demat | 03 July 2025 |
| IPO Listing Date | 04 July 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 01, 2025 |
Neetu Yoshi IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,20,000 |
| Retail (Max) | 1 | 1,600 | ₹1,20,000 |
| HNI (Min) | 2 | 3,200 | ₹2,40,000 |
Competitive Strengths
- Fully equipped and RDSO approved manufacturing facility.
- Strategically located Manufacturing Facility.
- Quality Assurance and Control.
Company Promoters
- Himanshu Lohia
- Subodh Lohia
- Saundarya Lohia
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2022 | ₹4.63 Cr | ₹4.50 Cr | ₹0.07 Cr | ₹0.00 Cr |
| 31 March 2023 | ₹16.33 Cr | ₹15.77 Cr | ₹0.42 Cr | ₹8.25 Cr |
| 31 March 2024 | ₹47.45 Cr | ₹32.27 Cr | ₹12.58 Cr | ₹17.39 Cr |
| 31 December 2024 | ₹51.47 Cr | ₹36.95 Cr | ₹12.00 Cr | ₹8.40 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 43.74% |
| Debt/Equity | 0.88 |
| RoNW | 99.20% |
| PAT Margin | 26.58% |
| EBITDA Margin | 36.31% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.41 | 4.12 |
| P/E (x) | 17.02 | 18.2 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Setting up of new manufacturing facility | 50.78 |
| General corporate purposes | To be finalized |
Neetu Yoshi IPO Peer Comparison
| Face Value | Company Name | P/E |
|---|---|---|
| 10 | Gujarat Intrux Ltd | 23.24 |
| 2 | Nelcast Ltd | 21.41 |
| 5 | Steelcast Ltd | 28.83 |
✅Strengths
- Integrated foundry with in-house CNC machining.
- RDSO-approved supplier to Indian Railways.
- Wide product range in ferrous metallurgy (0.2–500 kg).
- Custom-engineered solutions for OEMs.
- ISO 9001, 14001, 45001 certified operations.
- Fast growth from trading to manufacturing (2020–2023).
⚠️Risks
- Entire manufacturing depends on one location.
- High reliance on a few railway/OEM clients.
- Operates from leased premises.
- Product focus limited to railway sector.
- No current strategic or financial partners.
- Skilled workforce dependency.
Neetu Yoshi IPO Promoter Holding
| Pre Issue Share Holding | 95.23% |
| Post Issue Share Holding | – |
Neetu Yoshi IPO Prospectus
Company Contact Information
| Neetu Yoshi Limited 2/155, Jakhan, Rajpur Road Dehradun, Uttarakhand, 248001 Phone: 9258199664 Email: cs@neetuyoshi.com Website: http://www.neetuyoshi.com/ |
Neetu Yoshi IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Neetu Yoshi IPO Lead Manager(s)
| 1. Horizon Management Private Limited |
Neetu Yoshi IPO FAQ
| What is Neetu Yoshi IPO? Neetu Yoshi IPO is a SME IPO. The issue is priced at ₹71 to ₹75 per equity share. The IPO is to be listed on BSE SME. |
| When Neetu Yoshi IPO will open? The IPO is to open on 27 June 2025 for QIB, NII, and Retail Investors. |
| What is Neetu Yoshi IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Neetu Yoshi IPO? You can apply Neetu Yoshi IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Neetu Yoshi IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Neetu Yoshi IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Neetu Yoshi IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Neetu Yoshi IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Neetu Yoshi IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Neetu Yoshi IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Neetu Yoshi IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Neetu Yoshi IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Neetu Yoshi IPO Size? Neetu Yoshi IPO size is ₹77.04 Crore. |
| What is the Neetu Yoshi IPO Price Band? Neetu Yoshi IPO Price Band is ₹71 to ₹75. |
| What is Neetu Yoshi IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1,600 Shares with ₹1,20,000 amount while the maximum bid is 1,600 Shares with ₹1,20,000. |
| What is the Neetu Yoshi IPO Allotment Date? Neetu Yoshi IPO allotment date is 02 July 2025. |
| What is the Neetu Yoshi IPO Listing Date? Neetu Yoshi IPO listing date is 04 July 2025. The IPO is to be listed on the BSE SME. |
