Neetu Yoshi IPO Details

Bookbuilding IPO | ₹77 Cr | Listed at BSE SME | Fri, Jun 27, 2025 - Tue, Jul 1, 2025

Neetu Yoshi IPO Logo

Neetu Yoshi IPO is a book build issue of ₹77.04 crores. The issue is entirely a fresh issue of 1.03 crore shares of ₹77.04 crore.

Neetu Yoshi IPO bidding started from Jun 27, 2025 and ended on Jul 1, 2025. The allotment for Neetu Yoshi IPO was finalized on Jul 2, 2025. The shares got listed on BSE SME on Jul 4, 2025.

Neetu Yoshi IPO price band is set at ₹75 per share. The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,20,000 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,40,000.

Horizon Management Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company areChoice Equity Broking Pvt.Ltd., NNM Securities Pvt.Ltd., R.K.Stock Holding Pvt.Ltd..

Refer to Neetu Yoshi IPO RHP for detailed Information.

IPO Open

Fri, Jun 27, 2025

IPO Close

Tue, Jul 1, 2025

Issue Price

₹75 per share

Market Cap (Pre-IPO)

₹291.09 Cr

IPO Details

IPO Date27 Jun to 1 Jul, 2025
Listed onFri, Jul 4, 2025
Face Value5 per share
Price Band₹71 to ₹75
Issue Price₹75 per share
Lot Size1,600 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE SME

Total Issue Size1,02,72,000 shares
(agg. up to ₹77 Cr)
Reserved for Market Maker
5,20,000 shares
(agg. up to ₹4 Cr)
NNM Securities Pvt.Ltd.
R.K.Stock Holding Pvt.Ltd.
Choice Equity Broking Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
97,52,000 shares
(agg. up to ₹73 Cr)
Net Offered to Public97,52,000 shares
(agg. up to ₹73 Cr)
Share Holding Pre Issue2,85,40,600 shares
Share Holding Post Issue3,88,12,600 shares
BSE Script Code 544434
ISININE0UZO01024

IPO Timetable

Issue Reservation

Neetu Yoshi IPO comprises a total issue size of 1,02,72,000 shares. The net offer to the public is 97,52,000 shares, after excluding 5,20,000 shares allotted on a firm basis. Of the Net offer 48,72,000 (49.96%) are allocated to QIB, 14,65,600 (15.03%) allocated to NII 34,14,400 (35.01%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 48,72,00049.96%47.43%
  − Anchor Investor Shares Offered 29,20,00028.43%
  − QIB (Ex. Anchor) Shares Offered 19,52,00019.00%
NII (HNI) Shares Offered 14,65,60015.03%14.27%
Retail Shares Offered 34,14,40035.01%33.24%
Firm Reservations
Market Maker Shares Offered 5,20,0005.06%
Total Shares Offered 1,02,72,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 1,600 shares and in multiples thereof. 

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
IPO Subscription Details

IPO Anchor Investors

Neetu Yoshi IPO raises ₹21.90 crore from anchor investors. Neetu Yoshi IPO Anchor bid date is June 26, 2025.
📝 Anchor Investors Letter (PDF)

Bid DateThu, Jun 26, 2025
Shares Offered29,20,000
Anchor Portion (₹ Cr.)21.90
Anchor lock-in period end date for 50% shares (30 Days)Sun, Aug 3, 2025
Anchor lock-in period end date for remaining shares (90 Days)Sun, Oct 5, 2025

About Neetu Yoshi Ltd.

Incorporated in January 2020, Neetu Yoshi Limited is engaged in the business of manufacturing customised products in different grades of ferrous metallurgical products.

The company offers a product portfolio of mild steel, spheroidal graphite iron, cast iron, and manganese steel, ranging from 0.2 kg to 500 kg. It is an RDSO certified vendor for Indian Railways.

The company offers a wide range of standard and customised products, primarily serving Indian Railways with critical components like braking solutions, suspensions, propulsion aids, and coupling attachments for trains.

The company operates a manufacturing facility in Uttarakhand, covering 7,173 sq. meters, strategically located near alloy suppliers and benefiting from lower electricity tariffs, enhancing operational efficiency and competitiveness.

Products:

  • CP Assembly, Wedges, Brake Beam, End Casting, Strut Castings, Bogie : Used in braking, suspension, and propulsion systems for Indian Railways.

  • Axle Box Housing, Narrow Jaw Adopter, Wide Jaw Adopter, Modified Adopter, K-Type Adopter, Liners:Used for structural support and various applications in Indian Railways.

  • Stricker Casting, Back Stop, Yoke Pin, Support Plate, Various Liners: Used for mechanical support and safety in Indian Railways' systems.

  • Coupler for Wagon, Coaches, and Locomotives: Used for attachment and pulling of wagons and coaches in railways.

 

As on July 31, 2024, the company had 88 employees including senior management.

Competitive Strengths:

  • Fully equipped and RDSO approved manufacturing facility
  • Strategically located Manufacturing Facility
  • Quality Assurance and Control

 

 

 

Company Financials (Restated Consolidated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets53.1638.5014.633.08
Total Income51.4747.4516.334.63
Profit After Tax11.9912.580.420.07
EBITDA16.8517.191.210.17
NET Worth40.1419.745.572.69
Reserves and Surplus15.863.292.55
Total Borrowing8.4017.398.25
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Setting up of new manufacturing facility 50.78
2 General corporate purposes 18.21

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)4.414.12
P/E (x)17.0218.2
Promoter Holding95.23%70.03%
Market Cap291.09 Cr.
Himanshu Lohia, Subodh Lohia, Saundarya Lohia are the promoters of the company.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2024 available in RHP.

IPO Review

[Dilip Davda]
NYL is a foundry and is manufacturing and marketing customized products for railways. It marked growth in its top and bottom lines for the reported periods. Spurt in bottom lines from FY24 onwards raise eyebrows and concern over its sustainability. Based on its recent financial data, the issue appears fully priced. Well-informed investors may park funds for medium to long term.
Read detail review...

Neetu Yoshi IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0100
Members11301

Neetu Yoshi IPO Subscription Status (Bidding Detail)

The Neetu Yoshi IPO is subscribed 128.18 times on July 1, 2025 5:04:35 PM (Day 3). The public issue subscribed 91.21 times in the retail category, 96.36 times in the QIB category, and 256.69 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid forTotal Application
QIB96.3619,52,00018,80,97,6000
NII*256.6914,65,60037,62,11,2000
Retail91.2134,14,40031,14,36,8000
Total128.1868,32,00087,57,45,6002,13,557

Total Application : 2,13,557

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Issue management fees including fees and reimbursements of Market Making fees and payment to other Intermediaries such as Legal Advisors to the IPO, Registrars and other out of pocket expenses. 0.25
2 Fees of Book Running Lead Manager in any form/ name /purpose 0.97
3 Commission/processing fee for SCSBs and Bankers to the Issue and fees payable to the Sponsor Bank for Bids made by UPI Bidders. Brokerage, selling commission and bidding charges for the members of the Syndicate, Registered Brokers, RTAs and CDPs 0.17
4 Advertising and marketing expenses 0.29
5 Printing and distribution of issue stationery 0.01
6 Listing fees 0.03
7 BSE processing fees 0.01
8 Book Building software fees 0.04
9 Other regulatory expenses 0.33
10 Miscellaneous 0.20
11 Underwriting, Marketing and Selling Commission and expenses 5.75

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price75.00
Open105.00
Low100.20
High110.25
Last Trade110.25

Check IPO Performance…

IPO Registrar

Skyline Financial Services Pvt.Ltd.

Contact Details

Neetu Yoshi Ltd. Address
2/155,
Jakhan,
Rajpur Road
Dehradun, Uttarakhand, 248001
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IPO FAQs

Neetu Yoshi IPO is a SME IPO of 1,02,72,000 equity shares of the face value of ₹5 aggregating up to ₹77 Crores. The issue is priced at ₹75 per share. The minimum order quantity is 1600.

The IPO opens on Fri, Jun 27, 2025, and closes on Tue, Jul 1, 2025.

Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Neetu Yoshi IPO using UPI as a payment gateway. Zerodha customers can apply in Neetu Yoshi IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Neetu Yoshi IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Neetu Yoshi IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Neetu Yoshi IPO opens on Fri, Jun 27, 2025 and closes on Tue, Jul 1, 2025.

Neetu Yoshi IPO lot size is 1600, and the minimum amount required for application is ₹1,20,000.

You can apply in Neetu Yoshi IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Neetu Yoshi IPO will be done on Wednesday, July 2, 2025, and the allotted shares will be credited to your demat account by Thu, Jul 3, 2025. Check the Neetu Yoshi IPO allotment status.

The Neetu Yoshi IPO listing date is on Fri, Jul 4, 2025.

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