Neetu Yoshi Limited IPO Opens on June 27, 2025

Mumbai (Maharashtra) [India], June 30: Neetu Yoshi Limited (The Company, Neetu Yoshi) is a metallurgical engineering company manufacturing critical safety spares for railways, proposes to open its Initial Public Offering on Friday, June 27, 2025, aiming to raise ₹ 77.04 Crore (At Upper Price Band), with shares to be listed on the BSE SME platform.

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The issue size is 1,02,72,000 equity shares at a face value of ₹5 each with a price band of ₹ 71 - ₹ 75 Per Share.

Equity Share Allocation • Anchor Portion – Up to 29,20,000 Equity Shares • Qualified Institutional Buyer – Up to 19,52,000 Equity Shares • Non-Institutional Investors – Not less than 14,65,600 Equity Shares • Retail Individual Investors – Not less than 34,14,400 Equity Shares • Market Maker – Up to 5,20,000 Equity Shares The net proceeds from the IPO will be utilised for the setting up of a new manufacturing facility and for general corporate purposes. The issue will close on Tuesday, July 01, 2025 The Book Running Lead Manager to the Issue is Horizon Management Private Limited, and the Registrar to the Issue is Skyline Financial Services Private Limited.

Mr. Himanshu Lohia, Managing Director and Chief Financial Officer of Neetu Yoshi Limited, expressed, “This IPO marks an important chapter in Neetu Yoshi’s journey. Our company began as a trading business supplying specific raw materials to OEMs of Indian Railways and has since evolved into a metallurgical engineering company manufacturing critical safety components. Today, we are an RDSO-certified Class A vendor, supplying over 25+ essential railway spares including braking systems, suspensions, propulsion aids and coupling attachments.” (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.).

(The story has come from a syndicated feed and has not been edited by the Tribune Staff).