Neetu Yoshi IPO is a book building of ₹77.04 crores. The issue is entirely a fresh issue of 102.72 lakh shares.
Neetu Yoshi IPO opens for subscription on June 27, 2025 and closes on July 1, 2025. The allotment for the Neetu Yoshi IPO is expected to be finalized on Wednesday, July 2, 2025. Neetu Yoshi IPO will be list on BSE SME with a tentative listing date fixed as Friday, July 4, 2025.
Neetu Yoshi IPO price band is set at ₹71 to ₹75 per share. The minimum lot size for an application is 1600. The minimum amount of investment required by retail investors is ₹1,13,600. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,20,000. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹2,40,000.
Neetu Yoshi IPO Details
| IPO Date | June 27, 2025 to July 1, 2025 |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Issue Price Band | ₹71 to ₹75 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 1,02,72,000 shares (aggregating up to ₹77.04 Cr) |
| Reserved for Market Maker | 5,20,000 shares (aggregating up to ₹3.90 Cr) Nnm Securities Private Limited |
| Net Offered to Public | 97,52,000 shares (aggregating up to ₹73.14 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 2,85,40,600 shares |
| Share Holding Post Issue | 3,88,12,600 shares |
Neetu Yoshi IPO Timeline (Tentative Schedule)
Neetu Yoshi IPO opens on June 27, 2025, and closes on July 1, 2025.
| IPO Open Date | Fri, Jun 27, 2025 |
| IPO Close Date | Tue, Jul 1, 2025 |
| Tentative Allotment | Wed, Jul 2, 2025 |
| Initiation of Refunds | Thu, Jul 3, 2025 |
| Credit of Shares to Demat | Thu, Jul 3, 2025 |
| Tentative Listing Date | Fri, Jul 4, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 1, 2025 |
Neetu Yoshi IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,20,000 |
| Retail (Max) | 1 | 1600 | ₹1,20,000 |
| HNI (Min) | 2 | 3,200 | ₹2,40,000 |
Neetu Yoshi IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 5,20,000 (5.06%) |
| QIB Shares Offered | 48,72,000 (47.43%) |
| Anchor Investor Shares Offered | 29,20,000 (28.43%) |
| QIB (Ex. Anchor) | 19,52,000 (19.00%) |
| NII (HNI) Shares Offered | 14,65,600 (14.27%) |
| Retail Shares Offered | 34,14,400 (33.24%) |
| Total Shares Offered | 1,02,72,000 (100.00%) |
Neetu Yoshi IPO Promoter Holding
Himanshu Lohia, Subodh Lohia, Saundarya Lohia are the promoters of the company.
| Share Holding Pre Issue | 95.23% |
| Share Holding Post Issue |
Neetu Yoshi IPO Anchor Investors Details
| Bid Date | June 26, 2025 |
| Shares Offered | 29,20,000 |
| Anchor Portion Size (In Cr.) | 21.90 |
| Anchor lock-in period end date for 50% shares (30 Days) | August 1, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | September 30, 2025 |
Neetu Yoshi Limited Financial Information (Restated Consolidated)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 53.16 | 38.50 | 14.63 | 3.08 |
| Revenue | 51.47 | 47.45 | 16.33 | 4.63 |
| Profit After Tax | 11.99 | 12.58 | 0.42 | 0.07 |
| EBITDA | 16.85 | 17.19 | 1.21 | 0.17 |
| Net Worth | 40.14 | 19.74 | 5.57 | 2.69 |
| Reserves and Surplus | 15.86 | 3.29 | 2.55 | |
| Total Borrowing | 8.40 | 17.39 | 8.25 | |
| Amount in ₹ Crore | ||||
About Neetu Yoshi Limited
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.