Neetu Yoshi Limited IPO Upcoming
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Schedule of Neetu Yoshi Limited
| Issue open date | 27 Jun 2025 |
| Issue close date | 01 Jul 2025 |
| UPI mandate deadline | 01 Jul 2025 (5 PM) |
| Allotment finalization | 02 Jul 2025 |
| Refund initiation | 03 Jul 2025 |
| Share credit | 03 Jul 2025 |
| Listing date | 04 Jul 2025 |
| Mandate end date | 16 Jul 2025 |
| Lock-in end date for anchor investors (50%) | 01 Aug 2025 |
| Lock-in end date for anchor investors (remaining) | 30 Sep 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Neetu Yoshi Limited
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.
Financials of Neetu Yoshi Limited
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹77.04 crores |
| Fresh Issue | ₹77.04 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Setting up of new manufacturing facility | 50.78 (65.91%) |
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.
Allotment Status for Neetu Yoshi
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