Neetu Yoshi Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Neetu Yoshi Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹75
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,20,000
Issue Size
₹77.04 Cr
Face Value
₹5
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Neetu Yoshi Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
95.23%
Promoter Holding (Post-Issue)
70.03%
Issue Type
Book Building - SME
ISIN
INE0UZO01024
About the Company
The Company is a foundry with integrated CNC machine shop engaged in the business of manufacturing of customised products in different grades of ferrous metallurgical products. Its product portfolio covers different grades of mild steel, spheroidal graphite iron, cast iron and manganese steel, from as small as 0.2 Kgs to 500 Kgs finished metallurgical products. The Company is a RDSO certified vendor for manufacturing and supply of over 25 casting products for Indian Railways. The Company is also ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 accredited company which certifies our quality management, environmental management and occupational health & safety management system respectively, employed by the company in its manufacturing facility. The Company combines modern manufacturing technology and engineering expertise with cost efficient processes, to deliver quality products at competitive prices. Its manufacturing operations are strengthened by its technical capabilities, infrastructure, and process knowledge.
Industry Overview
The rail transport market size has grown strongly in recent years, It will grow from $546.13 billion in 2023 to $582.61 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to strong economic growth in emerging markets, rise in e-commerce, change in taxation rules and rise in mining activity. The growth in the forecast period can be attributed to high-speed emissions and major trends in the forecast period. The rail transport market size is expected to see growth in the next few years. It will grow to $ 748.97 billion in 2028 at a compound annual growth (CAGR) of 6.5%. The growth in the forecast period can be attributed to highspeed trains, technological advances and emphasis on cutting carbon emission. Major trends in the forecast period include adopting head on generation (HOG) technology should to reduce their carbon footprints, increasing profitability of operations, and reduce operating costs and other fuel related expenses, harness digitalization to improve passengers experience and reduce costs, invest in connected mobility to enable drivers and their passengers to experience a much smoother trip and exploit obstacle detection assistance system to enhance passenger's safety and to reduce accidents.
Company History
Neetu Yoshi Limited was originally incorporated as `Neetu Yoshi Private Limited', a private limited company under Companies Act, 2013, pursuant to a certificate of incorporation dated January 20, 2020 issued by Registrar of Companies, Uttarakhand. Thereafter, the Company was converted into a public limited company pursuant to a resolution passed by its Board at its meeting held on March 04, 2024 shareholders at an Extra-ordinary General Meeting held on March 09, 2024 and a fresh certificate of incorporation dated May 18, 2024 was issued by the Registrar of Companies, consequent upon conversion, the name of the Company was changed from `Neetu Yoshi Private Limited' to `Neetu Yoshi Limited'.
Products & Services
- The Company is a foundry with integrated CNC machine shop engaged in the business of manufacturing of customised products in different grades of ferrous metallurgical products.
Growth Strategy
- Expanding RDSO Approval for Additional Products.
- Setting up of new manufacturing facility.
- Continue to focus on improving operational efficiencies.
- Expand its customer base and geographic reach.
- Focus on Advanced Technology Products
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of up to 1,02,72,000 equity shares of face value Rs. 5 each (the "equity shares") of Neetu Yoshi Limited ("the company" or the "issuer") for cash at a price of Rs. 75 per equity share (including securities premium of Rs. 54 per equity share) ("issue price"), aggregating up to Rs. 77.04 crores (the "issue") of which 5,20,000 equity shares aggregating to Rs. 3.9 crores (constituting up to 1.34% of the post-issue paid-up equity share capital of the company) will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e issue of 97,52,000 equity shares of face value of Rs. 5 each at an issue price of Rs. 75 per equity share for cash aggregatting up to Rs. 73.14 crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.47 % and 25.13 % respectively of the post-issue paid-up equity share capital of the company.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Fully equipped and RDSO approved manufacturing facility.
- Strategically located Manufacturing Facility.
- Quality Assurance and Control.
- Its Manufacturing Facility is located in Uttarakhand. Any disruption, breakdown or shutdown of the company's Manufacturing Facility may have a material adverse effect on its business, financial condition, results of operations and cash flow.
- The company does not own the premises where its Registered Office is located.
- Its manufacturing activity is subject to availability of raw material and the costs of the raw materials. Any shortage in availability or fluctuations in raw material prices, may have a material adverse effect on its business, financial condition, results of operations and cash flows.
- Its business and revenues are substantially dependent on Indian Railways.
- Its business is dependent on the continued growth of infrastructure mainly the Railways infrastructure and any slowdown in fresh investments in the Railway infrastructure or change in policies may impact its business and results of operations.