IPO Issue Details
Issue Price / Price Band₹75 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size1,02,72,000 shares (aggregating up to ₹77.04 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 27 Jun 2025
Subscription CloseTue, 01 Jul 2025
Anchor AllotmentThu, 26 Jun 2025
Basis of AllotmentWed, 02 Jul 2025
Initiation of RefundsThu, 03 Jul 2025
Credit of Shares to DematThu, 03 Jul 2025
Listing DateFri, 04 Jul 2025
UPI Mandate Deadline2025-07-01
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 1600 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 3200 shares
QIB Quota47.43% of Issue
NII / HNI Quota14.27% of Issue
Retail Quota33.24% of Issue
Market Maker Quota5.06% of Issue
EPS (Pre-IPO)₹4.41
EPS (Post-IPO)₹4.12
P/E Ratio (Pre-IPO)17.02x
P/E Ratio (Post-IPO)18.2x
Net Offer to Public97,52,000 shares (aggregating up to ₹73.14 Cr)
Reserved for Market Maker5,20,000 shares (aggregating up to ₹3.90 Cr)
Pre-IPO Promoter Holding2,85,40,600 shares
Post-IPO Promoter Holding3,88,12,600 shares
About Neetu Yoshi Ltd.
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.Competitive Strengths:Fully equipped and RDSO approved manufacturing facilityStrategically located Manufacturing FacilityQuality Assurance and Control
Objects of the Issue
Neetu Yoshi Ltd. proposes to utilise the net proceeds for the following objects as stated in the DRHP:
1
1 Setting up of new manufacturing facility
Amount: 50.78
2
2 General corporate purposes
Amount: 18.21
Shareholding & Lock-in
Pre-IPO Promoter Holding
2,85,40,600 shares
Post-IPO Promoter Holding
3,88,12,600 shares
