
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
Overall Subscription
128.11x
Total Demand
QIB Multiplier
96.36x
Institutions & Funds
NII / HNI
256.34x
High Net-Worth
Retail (RII)
91.21x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,952,000 | 188,097,600 | 96.36x |
| NIB | 1,465,600 | 375,691,200 | 256.34x |
| RETAIL | 3,414,400 | 311,436,800 | 91.21x |
| Total | 6,832,000 | 875,225,600 | 128.11x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 2,247 | 204,949 | 91.21x |
| HNIs (10L +) | 14 | 3,589 | 256.34x |
| HNIs (2-10L) | 69 | 17,687 | 256.34x |
| Total Applications | 2,330 | 226,225 | 97.09x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Neetu Yoshi Limited IPO is ₹18.5 per equity share. Based on the upper price band of ₹71 to ₹75 per equity share, the estimated listing price is ₹93.5 (+24.7% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹18.5, the expected profit per application lot is approx ₹29,600 (+24.7% gain). Minimum application cost is approx ₹1,20,000.
The Neetu Yoshi Limited IPO aggregate issue size is ₹77.04 Crores with an equity price band set at ₹71 to ₹75 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 128.11x (Retail: 91.21x, QIB: 96.36x, NII: 256.34x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2025-07-02. Investors can verify status using PAN card or application number.
Neetu Yoshi Limited shares are scheduled to list on BSE on 2025-07-04.