Today upcoming Neetu Yoshi Limited IPO – GMP

Neetu Yoshi Limited IPO has opened for subscription on 27 June 2025 and will remain open till 1 July 2025 on the BSE SME platform.
In this article, I am sharing all the necessary details like issue size, price band, business model, promoter background, financial performance, and other key points.
This post is only for sharing information and knowledge purposes. I am not advising or recommending to buy or invest in this IPO.


My Personal Opinion as a Stock Market Enthusiast

I keep tracking SME IPOs and always look at the business model, financial growth, and promoter background before forming any view. Neetu Yoshi Limited has shown strong performance recently and has a railway-focused product line. But since it is an SME IPO, it comes with some risks too. I am only sharing information here based on public sources for educational purpose.


Neetu Yoshi IPO Overview Table

ParticularsDetails
IPO Opening Date27 June 2025
IPO Closing Date1 July 2025
Listing PlatformBSE SME
Issue Size₹77.04 Crores (Fresh Issue)
Price Band₹71 to ₹75 per share
Lot Size1 lot = 1,600 shares
Minimum Investment₹1,20,000
Allotment Date2 July 2025
Listing Date4 July 2025 (Tentative)
RegistrarSkyline Financial Services Pvt. Ltd

About the Company – Neetu Yoshi Limited

Neetu Yoshi Limited is a certified foundry and CNC machining unit that produces railway engineering components. It is located in Rudrapur, Uttarakhand and caters mainly to the Indian Railways and large engineering industries.

Product Range Includes:

  • Brake beams
  • Axle boxes
  • Coupling parts
  • Ferrous casting parts (0.2 kg to 500 kg)

The company has quality certifications like ISO 9001, ISO 14001, ISO 45001 and is RDSO-approved, which adds credibility to its operations.


Key Highlights

  • Issue size of ₹77.04 crore is fully fresh issue
  • RDSO-approved manufacturer for Indian Railways
  • Company started operations in 2020
  • More than 25 types of parts produced
  • Plant located in Uttarakhand industrial hub
  • Minimum investment is ₹1.2 lakh (1,600 shares)

Financial Performance of Neetu Yoshi Limited

Financial YearRevenueNet Profit
FY 2022–23₹16.33 Crores₹0.42 Crores
FY 2023–24₹47.45 Crores₹12.58 Crores

Observation: The company has grown its revenue and profit significantly in just one year. From ₹16 crore to ₹47 crore in revenue and from ₹42 lakh to ₹12.58 crore in net profit, this shows rapid growth.


Use of IPO Funds

The proceeds from this IPO will be used for:

  • Setting up a new manufacturing facility
  • General corporate purposes
  • Funding working capital
  • Infrastructure development

The company wants to expand production capacity to serve larger orders from Indian Railways.


Promoters and Management Team

  • Himanshu Lohia – Managing Director and CFO
  • Subodh Lohia – Whole-time Director
  • Saundarya Lohia – Non-Executive Director (Chartered Accountant)

The promoters have educational and business backgrounds in international business and finance. The pre-IPO placement raised ₹21.9 crore, which reflects investor interest.


Positive Factors

  • Company serves a focused and long-term industry – Indian Railways
  • Strong growth in revenue and profits
  • Certified and approved plant
  • Funds to be used for expansion, not debt
  • Pre-IPO placement signals institutional trust
  • High demand for railway spare parts in India’s growing infrastructure push

Risk Factors

  • SME IPOs are less liquid and more volatile
  • High minimum investment (₹1.2 lakh) may not suit small investors
  • Company depends heavily on Indian Railways
  • Operations concentrated in a single location – Rudrapur
  • Market volatility can affect listing gains

Grey Market Premium (GMP) – For Information Only

As per some sources, the grey market premium is around ₹20–₹25 per share, which means a possible listing price of ₹95–₹100.
This GMP is unofficial and only for knowledge. Always do your own research before investing.


Application Process – Knowledge Purpose

If someone wants to apply (this is not a recommendation), the process is:

  1. Log in to your demat account (like Zerodha, Groww, Upstox)
  2. Go to IPO section
  3. Select “Neetu Yoshi Limited IPO”
  4. Enter number of lots (minimum 1 lot = 1,600 shares)
  5. Submit and approve UPI payment

Should You Apply? – Only for Awareness

This article does not recommend or suggest anyone to apply. The company has a strong background and growth numbers, but as an SME IPO, it is suitable only for investors who understand such risks and have a long-term view.
Investors should always consult their advisor or do their own research before making any financial decision.


Conclusion – Neetu Yoshi IPO Summary

The Neetu Yoshi Limited IPO is a railway engineering-focused SME IPO with good growth numbers and certified products. The business seems solid, and the funds are planned for future expansion.


However, this post is only for knowledge-sharing. I am not recommending to invest or avoid. Please make your own investment decision wisely.


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