Neetu Yoshi IPO

IPO Details

Bidding Dates

27 Jun '25 - 01 Jul '25

Minimum Investment

₹1,13,600/ 1 Lot (1,600 Shares)

Price Range

₹71-₹75

Maximum Investment

₹1,20,000/ 1 Lot (1,600 Shares)

Retail Discount

To be announced

Issue Size

₹77.04 Cr

Investor category and sub category

Retail Individual Investors (RII) | Non-institutional Investors (NII) | Qualified Institutional Buyers (QIB) |

Neetu Yoshi IPO Important Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Jun 27, 25

IPO Closing Date

Jul 01, 25

Basis of Allotment

Jul 02, 25

Initiation of Refunds

Jul 03, 25

IPO Listing Date

Jul 04, 25

About Neetu Yoshi IPO

Neetu Yoshi IPO is a book-built issue valued at ₹77.04 crore. The public offering consists entirely of a fresh issue of 102.72 lakh equity shares. The subscription window for the IPO opens on June 27, 2025, and closes on July 1, 2025.

The basis of allotment is expected to be finalised by July 2, 2025. The company is scheduled to be listed on the BSE SME platform, with a tentative listing date set for July 4, 2025. The IPO has a price band ranging from ₹71 to ₹75 per share. Investors can apply for a minimum of 1,600 shares.

For retail investors, this translates to a minimum investment of ₹1,13,600. To improve allotment chances in case of oversubscription, bidding at the cutoff price would require an investment of approximately ₹1,20,000. For HNI investors, the minimum application size is 3,200 shares or 2 lots, amounting to ₹2,40,000.

Horizon Management Private Limited is the book-running lead manager for the issue. Skyline Financial Services Private Ltd is appointed as the registrar, while Nnm Securities Private Limited will act as the market maker for the IPO.

Industry Outlook

The Indian metal casting market is expected to grow from US$12,473 lakh in 2023 to US$21,252 lakh by 2032, at a CAGR of 5.8%. This growth is driven by rising demand for lightweight vehicle components, construction equipment, and industrial goods.
The Indian railway equipment market stood at USD 12.31 billion in 2023 and is projected to grow steadily with a CAGR of 3.61%. This is supported by government-led modernisation initiatives, high-speed rail projects, and increased demand for advanced signalling and control systems.

Neetu Yoshi IPO Objectives

The company plans to allocate the net proceeds from the issuance to the following purposes:

Funds will be used to set up a new manufacturing facility to boost production capacity.
A portion of the funds will be used for general corporate purposes to support overall business needs.

About Neetu Yoshi Limited

Neetu Yoshi Limited is a foundry with an integrated CNC machine shop, engaged in manufacturing customised ferrous metallurgical products. The product range includes various grades of mild steel, spheroidal graphite iron, cast iron, and manganese steel, catering to components weighing between 0.2 kg to 500 kg.

The company holds RDSO certification for supplying over 25 casting products to Indian Railways and is also ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified. Initially established in 2020 as a trading firm supplying raw materials to OEMs of Indian Railways, the company later expanded into machining and full-scale manufacturing.

Today, it operates from a 7,173 sq. meter facility in Bhagwanpur, Uttarakhand, strategically located just 72.6 km from the Jagadhri Railway Workshop. This location provides cost advantages through lower power tariffs and easy access to essential raw materials.

As of March 31, 2024, the facility had an installed capacity of 4,493 MTPA, which has now been expanded to 8,087 MTPA. The facility houses various operations including melting, machining, heat treatment, and testing. In-house testing ensures product quality and compliance with customer specifications.

Led by experienced promoters and supported by skilled personnel, the company continues to grow in the railway component manufacturing space.

How To Check the Allotment Status of Neetu Yoshi IPO?

Steps to check IPO allotment status on Angel One’s app:

Log in to the Angel One app.
Go to the IPO Section and then to IPO Orders.
Select the individual IPO that you had applied for and check the allotment status.
Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for the Neetu Yoshi IPO Online?

Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
Locate the IPO Section: Navigate to the 'IPO' section on the platform.
Select IPO: Find and select the Neetu Yoshi IPO from the list of open IPOs.
Enter the Lot Size: Specify the number of lots you want to bid for.
Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of Neetu Yoshi IPO

Registered office: 2/155, Jakhan, Rajpur Road, Dehradun, Dehradun, Uttarakhand – 248 001, India

Phone:+91 92581 99664

E-mail:cs@neetuyoshi.com

Neetu Yoshi IPO Reservation

Investor Category	Shares Offered
Market Maker Shares	5,20,000 (5.06%)
QIB Shares	48,72,000 (47.43%)
NII Shares	14,65,600 (14.27%)
Retail Shares	34,14,400 (33.24%)

Neetu Yoshi IPO Lot Size

Investors must apply for at least 1,600 shares, with applications accepted in multiples of this lot size. The table below outlines the minimum and maximum number of shares and the corresponding investment amounts applicable to both Retail Investors and High Net-Worth Individuals (HNIs).

Application	Lots	Shares	Amount
Retail (Min)	1	1,600	₹1,13,600
Retail (Max)	1	1,600	₹1,20,000
HNI (Min)	2	3,200	₹2,40,000

Neetu Yoshi IPO Promoter Holding

The promoters of the company include Himanshu Lohia, Subodh Lohia, Saundarya Lohia.

Share Holding Pre-Issue	95.23%
Share Holding Post Issue	-

Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.

Neetu Yoshi IPO Anchor Investors Details

Particulars	Details
Anchor Investor Bidding Date	June 26, 2025
Total Shares Allocated to Anchor Investors	29,20,000
Total Investment from Anchor Portion	₹21.90 crore
Lock-in Period Ends for 50% of Anchor Shares (30 Days)	August 1, 2025
Lock-in Period Ends for Remaining 50% of Anchor Shares (90 Days)	September 30, 2025

Key Performance Indicators for Neetu Yoshi IPO

KPI	Value
EBITDA Margin (%)	36.31
RoCE (%)	43.74
RoNW (%)	99.20
PAT Margin (%)	26.58
Debt/Equity	0.88

Neetu Yoshi IPO Prospectus

Neetu Yoshi IPO Registrar and Lead Managers

Neetu Yoshi IPO Lead Managers

Horizon Management Private Limited

Registrar for Neetu Yoshi IPO

Skyline Financial Services Private Limited

Contact Number: 02228511022
Email Address: ipo@skylinerta.com

Neetu Yoshi IPO Registrar

Financial Performance of Neetu Yoshi Limited

Particulars	Year ending on March 31, 2024	Year ending on March 31, 2023	Year ending on March 31, 2022
Revenue from Operation (in ₹ lakh)	4,733.42	1,623.07	458.85
Profit/ (loss) for the year (in ₹ lakh)	1,258.16	42.32	7.03
Earnings per Share (₹)	7.39	1.51	0.72
Net Worth (in ₹ lakh)	1,973.79	557.46	269.43
Total Borrowings (in ₹ lakh)	1,738.94	825.38	-
Return on Capital Employed (RoCE)	43.74	6.28	4.76
EBITDA (in ₹ lakh)	1,718.57	120.55	17.49

Know before investing

Strengths

Expanded manufacturing capacity from 4,493 MTPA to 8,087 MTPA.
RDSO-approved Class “A” foundry ensures high-quality railway products.
Plant location near Jagdari lowers logistics costs and increases margins.
ISO certifications ensure quality, safety, and environmental process compliance.
₹5,078.37 lakh allocated for a new facility in Kanpur Nagar.

Risks

Single Uttarakhand facility disruption may affect operations and customer deliveries.
Registered office operates on rented premises, risking future operational disruption.
Raw material shortage or price fluctuations may impact profit margins.
Revenue is largely dependent on Indian Railways and infrastructure investment.
Policy changes or budget cuts in railways may affect growth.