
Manufacturing · BSE
Neetu Yoshi Limited, established in January 2020, specializes in manufacturing customized ferrous metallurgical products in various grades. Its product range includes mild steel, spheroidal graphite iron, cast iron, and manganese steel components, with weights ranging from 0.2 kg to 500 kg. The company is a certified vendor by the Research Designs and Standards Organisation (RDSO) for the Indian Railways. Neetu Yoshi Limited primarily serves the Indian Railways, supplying both standard and custom-made parts that are essential for braking systems, suspensions, propulsion mechanisms, and coupling attachments. The company’s manufacturing unit is located in Uttarakhand and spans 7,173 square meters. This facility benefits from proximity to alloy suppliers and lower electricity costs, which contributes to greater operational efficiency and cost-effectiveness. The product lineup includes items like CP assemblies, wedges, brake beams, end castings, strut castings, and bogies used in braking, suspension, and propulsion systems. It also manufactures axle box housings, narrow and wide jaw adopters, modified and K-type adopters, as well as liners for structural and support applications. Additional offerings such as striker castings, back stops, yoke pins, support plates, and various liners provide essential mechanical support and safety features. The company also produces couplers used in wagons, coaches, and locomotives for connecting and pulling railway vehicles
Price Band
₹71 – ₹75
Issue Size
₹77.04 Cr
Lot Size
1600 shares
GMP
+24.7%
Est. Listing
₹93.5
at current GMP
Subscribed
128.11x
overall
Open
27 Jun 2025
Close
1 Jul 2025
Allotment
2 Jul 2025
Refund
3 Jul 2025
Demat Credit
4 Jul 2025
Listing
4 Jul 2025
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
2 Jul 2025
Basis finalization
Refunds Initiate
3 Jul 2025
Mandate release
Demat Credit
4 Jul 2025
Shares in demat
Listing Debut
4 Jul 2025
Trading begins
Neetu Yoshi Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹77.04 Crores. The shares are offered at a price band of ₹71 to ₹75 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-07-04, while un-allotted funds or UPI block mandates will be released on 2025-07-03.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.