Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Neetu Yoshi IPO
Price Band
₹71.0–75.0
Issue Size
₹77.04 Cr
Lot Size
1,600 shares
Min Investment
₹120,000
GMP
+₹18.5 (24.67%)
Issue Price
₹75.0
Subject to Sauda
₹22500
Paid only if allotted
Neetu Yoshi IPO AI Summary
- Neetu Yoshi IPO is listed on BSE SME in the Castings & Forgings sector.
- Price band: ₹71.0–₹75.0 per share, lot size 1,600 shares (min. investment ₹120,000).
- Subscription window: 27 Jun–01 Jul 2025, listing on 04 Jul 2025.
- Current GMP is +₹18.5 (24.67%), an estimated listing price of ₹94 — unofficial and can change daily.
Neetu Yoshi Limited is an emerging player in the castings and forgings sector, focusing on customized products for Indian Railways. With a solid growth trajectory in revenue and profit, the company aims to expand its manufacturing capabilities through this IPO.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Neetu Yoshi IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 01 Jul 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Neetu Yoshi IPO Grey Market Premium (GMP) Today
GMP
+₹18.5
GMP %
+24.67%
Est. Listing
₹93.5
Updated: 25 Jul 2026 14:14
About the Company
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 facility Strategically located Manufacturing Facility Quality Assurance and Control
Company Financials (₹ Cr)
As of 2024-12-31
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 53.16 | 38.50 | 14.63 | 3.08 |
| Total Income | 51.47 | 47.45 | 16.33 | 4.63 |
| Profit After Tax | 11.99 | 12.58 | 0.42 | 0.07 |
| EBITDA | 16.85 | 17.19 | 1.21 | 0.17 |
| NET Worth | 40.14 | 19.74 | 5.57 | 2.69 |
| Reserves and Surplus | 15.86 | 3.29 | 2.55 | |
| Total Borrowing | 8.40 | 17.39 | 8.25 |
Key Ratios
EPS
₹4.41
NAV
₹7.29
ROCE
43.74%
RoNW
99.20%
P/B Value
10.29
P/E Ratio
17.02
Market Cap
₹291.09 Cr
PAT Margin
26.58%
Debt/Equity
0.88
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Steelcast Ltd. | 133.21 | 30.71% | 28.83 | 37.06 | 37.06 |
| Neclast Limited | 59.61 | 10.99% | 21.41 | 6.25 | 6.25 |
| Gujarat Intrux Ltd. | 180.46 | 12.26% | 23.24 | 21.42 | 21.42 |
| Neetu Yoshi Limited This IPO | 7.29 | 99.28% | — | 7.39 | 7.39 |
Promoters
Himanshu Lohia, Subodh Lohia and Saundarya Lohia
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Setting up of new manufacturing facility 50.78 2 General Corporate Purposes 18.21 3 Issue Expenses 8.05 Total 77.04
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income increased from ₹4.63 Cr in the year ending 31 Mar 2022 to ₹16.33 Cr by 31 Mar 2023, and further rose to ₹47.45 Cr by 31 Mar 2024. The most recent figure was ₹51.47 Cr as of 31 Dec 2024, indicating a steady growth in revenue over the periods.
Profit Trend
Profit after tax was ₹0.07 Cr for the year ending 31 Mar 2022, which increased to ₹0.42 Cr by 31 Mar 2023. This trend continued with ₹12.58 Cr reported for 31 Mar 2024, and a slight decrease to ₹11.99 Cr as of 31 Dec 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.
Valuation
Neetu Yoshi Limited has an implied P/E ratio of 17.02 at the issue price, compared to peers trading at P/E ratios ranging from 21.41 to 28.83.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected listing price of an IPO compared to its issue price. A positive GMP suggests that the stock may list at a higher price than the issue price, while a negative GMP indicates the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment strategy and market conditions. It's important to consider the company's growth potential and financial health.
Who May Want to Wait
Investors who prefer stable returns and are averse to the risks associated with new market entrants may want to avoid investing in IPOs like this one, which can be subject to market fluctuations.
IPO Timeline, Explained
The IPO opens for subscription on June 27, 2025, and closes on July 1, 2025. Allotment of shares will be on July 2, 2025, with the listing date set for July 4, 2025.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when a stock lists at a higher price than its issue price. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and overall demand for the stock.
This evaluation is generated from Neetu Yoshi's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Neetu Yoshi IPO GMP today?
Neetu Yoshi IPO GMP today is +₹18.5 (24.67%), indicating an estimated listing price of ₹94. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Neetu Yoshi IPO?
The price band of Neetu Yoshi IPO is ₹71.0–₹75.0 per share.
When does Neetu Yoshi IPO open and close?
Neetu Yoshi IPO opens on 27 June 2025 and closes on 01 July 2025.
When does Neetu Yoshi IPO list on the stock exchange?
Neetu Yoshi IPO listed on 04 July 2025 at ₹93.5.
What is the lot size for Neetu Yoshi IPO?
The lot size for Neetu Yoshi IPO is 1600 shares, requiring a minimum investment of ₹120,000.
What is the price band for the Neetu Yoshi IPO?
The price band for the Neetu Yoshi IPO is ₹71.0 to ₹75.0.
What is the minimum investment required?
The minimum investment required is ₹120,000, which corresponds to a lot size of 1600 shares.
When does the IPO open and close?
The IPO opens on June 27, 2025, and closes on July 1, 2025.
What does GMP mean?
GMP stands for Grey Market Premium, indicating the expected listing price of the IPO compared to its issue price.
When is the listing date for the Neetu Yoshi IPO?
The listing date for the Neetu Yoshi IPO is July 4, 2025.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
27 Jun 2025
Close
01 Jul 2025
Allotment
02 Jul 2025
Listing
04 Jul 2025
Similar IPOs in Castings & Forgings
Plan Your IPO Investment
Related Articles
Community Sentiment
What are other investors planning for Neetu Yoshi?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.