Neetu Yoshi Limited logo

Neetu Yoshi Limited

BSE SMEListed

IPO Timeline

Issue open date

27 Jun 2025

Issue close date

1 Jul 2025

UPI mandate deadline

1 Jul 2025

Allotment finalization

2 Jul 2025

Refund initiation

3 Jul 2025

Share credit

3 Jul 2025

Listing date

4 Jul 2025

Mandate end date

16 Jul 2025

Lock-in end date for anchor investors (50%)

1 Aug 2025

Lock-in end date for anchor investors (remaining)

30 Sep 2025

Grey Market Premium Trend

₹18.5
Current GMP
₹94
Est. Listing Price
24.7%
Est. Listing Gain
₹71 - ₹75
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
3 Jul₹19₹9424.67%
2 Jul₹19₹9424.67%
1 Jul₹25₹10033.33%
30 Jun₹25₹10033.33%
29 Jun₹25₹10033.33%
28 Jun₹28₹10337.33%
27 Jun₹24₹9932.00%
26 Jun₹24₹9932.00%
25 Jun₹24₹9932.00%
24 Jun₹14₹8918.67%
23 Jun₹0₹750.00%
22 Jun₹0₹750.00%
21 Jun₹0₹750.00%
20 Jun₹0₹750.00%

Key Dates

Open
27 Jun 2025
Close
1 Jul 2025
Listing
4 Jul 2025

Quick Stats

Issue Size:77cr
Lot Size:1600 shares

Issue Details

Issue Size:77cr
Face Value:5
Listing At:BSE SME

Reservation

50%
QIB
15%
NII
35%
Retail

About the Company

Established in 2020, Neetu Yoshi Limited operates as an integrated foundry and CNC machine shop specializing in manufacturing customized ferrous metallurgical products for Indian Railways. The company evolved from a trading enterprise to a full-fledged manufacturing operation with its production facility in Rudrapur, Uttarakhand. The manufacturing facility spans 7,173 square meters with comprehensive infrastructure including melting, machining, heat treatment, and fabrication facilities. With an installed capacity of 8,087 metric tonnes per annum, the facility produces customized products ranging from 0.2 kg to 500 kg in various steel grades, serving as critical railway components for braking solutions, suspensions, and coupling attachments. As an RDSO-certified Class “A” facility with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 accreditations, Neetu Yoshi Limited maintains stringent quality and safety standards while benefiting from Uttarakhand’s competitive power tariffs and proximity to the Jagdari Railway Workshop.

Strengths

  • The company operates an RDSO-approved facility in Uttarakhand with 8,087 MTPA capacity.
  • Strategically located in Uttarakhand near raw material sources with cost advantages.
  • Class A certified foundry with ISO certifications and in-house testing facilities.

Risks

  • Single facility dependency creates operational risk from potential disruptions.
  • Registered office is rented from promoters, creating dependency risk.
  • The company depends on raw material suppliers without long-term contracts, creating supply and cost risks.
  • Business depends on government railway infrastructure investments and policy changes could impact operations.
  • Quality compliance failures could lead to order cancellations and certification loss.
  • Past negative cash flows pose ongoing financial risk.
  • Pending trademark applications create intellectual property risks if registration fails or third parties claim rights.