Neetu Yoshi was incorporated on January 20, 2020. The company is a certified foundry with an integrated CNC machine shop, producing customized ferrous metal products from 0.2 kg to 500 kg. It supplies over 25 RDSO-approved castings to Indian Railways and holds ISO certifications for quality, environment, and safety
| Bidding Dates |
|---|
| 27 Jun 2025 - 01 Jul 2025 |
| Subscription |
|---|
| 119.19x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,13,600 | 1 | 1 | 1600 | 10.3 M | ₹71 - ₹75 | 70.03 % | ₹729.3 M - ₹770.4 M | RHP DOC |
Neetu Yoshi IPO SUBSCRIPTION STATUS
01 Jul '25Neetu Yoshi IPO overall subscription rate was 119.19 times the total available shares
Neetu Yoshi IPO retail subscription rate was 121.03 times in the retail segment
Neetu Yoshi IPO non-institutional investor subscription rate was 341.61 times in the non-institutional investor category
Neetu Yoshi IPO Qualified Institutional Bidder subscription rate was 51.17 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
01 Jul 2025 (Day 3) | 121.03x | 341.61x | 51.17x |
30 Jun 2025 (Day 2) | 7.62x | 4.06x | 0.43x |
27 Jun 2025 (Day 1) | 1.21x | 0.77x | - |
Neetu Yoshi FINANCIALS
| Period | Net Profit (Rs in crore) | Revenue from Operations (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| 9MFY25 | 12.0 | 51.4 | 9.8 | 0.8 | 32.8% |
| FY24 | 12.6 | 47.3 | 7.7 | -7.1 | 36.3% |
| FY23 | 0.4 | 16.2 | -2.0 | -9.3 | 7.4% |
| FY22 | 0.1 | 4.6 | 0.0 | -0.7 | 3.8% |
Neetu Yoshi IPO SUBSCRIPTION STATUS DETAILS
Neetu Yoshi had 10.3 M shares on offer
Neetu Yoshi IPO offer price was in the range ₹71 - ₹75
Neetu Yoshi IPO minimum Investment was ₹113600
Neetu Yoshi IPO issue size was ₹ 729.3 M - ₹ 770.4 M
Neetu Yoshi had a minimum lot size of 1600 Shares per application
Neetu Yoshi NUMBER OF SHARES ON OFFER
Neetu Yoshi IPO IMPORTANT DATES
| Issue Open Date | 27 Jun 2025 |
| Issue close Date | 01 Jul 2025 |
| Allotment Date | 02 Jul 2025 |
| Refund Date | 03 Jul 2025 |
| Demat Account Credit Date | 03 Jul 2025 |
| Listing Date | 04 Jul 2025 |
| Listing on Exchange(s) | BSE |
| Neetu Yoshi Allotment Status | Exchange/ Registrar |
Neetu Yoshi IPO subscription opened on 27 Jun 2025, and closed on 01 Jul 2025
IPO allotment for Neetu Yoshi was finalized on Wednesday, 02 Jul 2025
IPO listing for Neetu Yoshi was on BSE on Friday, 04 Jul 2025
Neetu Yoshi IPO LISTING GAINS
| Issue Price (adjusted) | 75.0 |
| Listing Open Price | 105.0 |
| Listing Close Price | 110.3 |
| Listing Gain% | 40.0% |
| Current Gain% | 120.0% |
Neetu Yoshi Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Neetu Yoshi Ltd. | 165 | 640.4 | 25.6 | 0.5 | 6.3 | 18.2 | 16.9 | 101.6 | 43.5 | 25 | 52.4 | 6.4 | 52.4 |
| Bharat Forge Ltd. | 2274.3 | 108731.7 | 98.1 | 5.5 | 6.5 | 11.3 | 4.8 | 17010.3 | 10.9 | 1079.7 | 14.7 | 23.2 | 17.7 |
| AIA Engineering Ltd. | 4800 | 44793.8 | 35.3 | 1.8 | 10.1 | 15.8 | 14.9 | 4893.9 | 6 | 1270.2 | 19.7 | 136.1 | 19.7 |
| Indo-MIM Ltd. | 844.2 | 41744.1 | 18.9 | 10.9 | 4320.7 | 28.1 | 533.5 | 25.9 | |||||
| Happy Forgings Ltd. | 1911.2 | 18037.7 | 55.1 | 2.6 | 11 | 14.2 | 11.4 | 1577.1 | 9 | 301.6 | 12.8 | 34.7 | 21.6 |
| Ramkrishna Forgings Ltd. | 760.5 | 13752 | 128.7 | -1.6 | 3.1 | 2.2 | 1 | 4251.2 | 4.7 | 71.8 | -82.7 | 5.9 | -78.7 |
Neetu Yoshi INFORMATION ON IPO ISSUE
About Neetu Yoshi
Neetu Yoshi was incorporated on January 20, 2020. The company is a certified foundry with an integrated CNC machine shop, producing customized ferrous metal products from 0.2 kg to 500 kg. It supplies over 25 RDSO-approved castings to Indian Railways and holds ISO certifications for quality, environment, and safety
Object of the Issue
- Setting up of new manufacturing facility
- General corporate purposes
Neetu Yoshi - PROMOTERS
| Name |
|---|
| Himanshu Lohia |
| Subodh Lohia |
| Saundarya Lohia |
Neetu Yoshi Book Running Lead Manager
Horizon Management Private Limited
smeipo@horizon.net.co
Neetu Yoshi Registrar to the issue
Skyline Financial Services Private Limited
ipo@skylinerta.com
Neetu Yoshi Strengths
Fully equipped & RDSO approved manufacturing facility
The company operates a single facility with expanded capacity of 8,087 MTPA, equipped with modern machinery and skilled manpower. Its advanced manufacturing technology ensures efficient, customized production and consistent productivity
Quality assurance
The company is a "Class A" Indian Railways-certified foundry known for its quality standards. It follows strict processes and holds ISO certifications for quality, environment, and workplace safety
Geographical advantage
The company’s manufacturing facility in Uttarakhand is strategically located near raw material sources, reducing transport costs and boosting margins. The location also offers low power tariffs, supporting cost efficiency and economies of scale
Neetu Yoshi Risks
Raw material availability
The company’s operations depend on raw material availability and stable pricing. Shortages or price fluctuations could negatively impact its business, financial performance, and cash flow
Depend on railway sector
The company’s revenue mainly depends on the Indian railway sector, which has grown due to government investments. Any slowdown in infrastructure growth or policy changes could affect its business and future performance
Strict quality requirements
The company’s success relies heavily on meeting strict quality standards and passing regular inspections. Non-compliance could lead to order cancellations, warranty claims, and negatively impact business and financial performance
IPO FAQs
The promoters of the company are Himanshu Lohia, Subodh Lohia and Saundarya Lohia.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 71.0 - 75.0.
The IPO application opens on Jun 27, 2025 and closes on Jul 01, 2025.
The minimum lot size for the IPO is 1600. The maximum lot size for the IPO is 1600.
For all category investors, the minimum application amount for this IPO is Rs. 113,600.0, the maximum value for this IPO is Rs 120,000.0.
This IPO will be allotted on Jul 02, 2025.
The refund will be credited to your account on Jul 03, 2025.
The allotted shares will be credited to your demat on Jul 03, 2025.
Neetu Yoshi Ltd.’s shares listed on the stock exchanges on Jul 04, 2025.