Neetu Yoshi IPO subscribed 128.18 times on the last day, a retail quota was subscribed over 91.21 times, NII subscribed over 256.69 times, and QIB was 96.36 times, respectively.
Details About Neetu Yoshi IPO
Neetu Yoshi IPO received approval from SEBI for an IPO worth ₹77.04 crores. Wherein a fresh issue would be totally ₹77.04 crores.
Further, Neetu Yoshi IPO had a set price band between ₹71 to ₹75 Per Share.
Neetu Yoshi IPO consists of 1600 shares in 1 lot size for retail minimum and maximum categories as well. While 3,200 shares were in 2 lot sizes for the S-HNI category.
To invest in the Neetu Yoshi IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹1,20,000.
- SHNI (S-HNI): Minimum investment of ₹2,40,000.
Neetu Yoshi IPO Subscription Duration
Neetu Yoshi IPO opened on June 27, 2025, and closed on July 1, 2025. The Neetu Yoshi IPO allotment date was scheduled on July 2, 2025. Neetu Yoshi IPO listing date is on July 4, 2025.
Neetu Yoshi IPO funds deployment
The proceeds raised from the fresh issue will be utilized to set up a new manufacturing facility. Lastly, the remaining funds will be used for the company’s general corporate uses, etc.
About Neetu Yoshi IPO Company
Neetu Yoshi Limited, incorporated in January 2020, is one of the prominent companies engaged in the manufacturing of customised products in different grades of ferrous metallurgical products. The company’s portfolio consists of a wide range of products, including mild steel, spheroidal graphite iron, cast iron, and manganese steel, from as small as 0.2 Kgs to 500 Kgs of finished metallurgical products. The company is involved in providing both standard and customized products with a portfolio of over 25 products serving industries like Indian Railways with various components like braking solutions, suspensions, propulsion aids, and coupling attachments for trains. As of July 31, 2024, the company comprises 88 employees. Their products mostly supply the Indian Railways with finished metal products like brakes, suspensions, propulsion systems, and couplings that are used in railways.
Financial Report of the Neetu Yoshi
The company reported revenue of ₹47.45 crores in 2024 against ₹16.33 crores in 2023. The company reported a profit of ₹12.58 crores in 2024 against a profit of ₹0.42 crores in 2023.
