Neetu Yoshi IPO subscription started on Friday, June 27, 2025, and will close on July 1, 2025, as per the schedule. The price band is ₹71 to ₹75 per share with a face value of ₹5 each.
Neetu Yoshi IPO Subscription Status
Neetu Yoshi IPO subscribed over 0.58x on its First day till 05.00 PM on 27th June 2025.
- Neetu Yoshi IPO subscription QIB investors portion is 0.00x times, while NII subscribed 0.58x times and RII investors subscribed 0.91x times.
- The company has received bids for 39,68,000 shares against 68,32,000 shares on offer on the First day.
- Neetu Yoshi IPO subscribed over 0.58x on day 1.
About Neetu Yoshi IPO
Founded in January 2020, Neetu Yoshi Limited is one of the leading companies involved in the business of manufacturing customised products in different grades of ferrous metallurgical products. The company’s portfolio comprises mild steel, spheroidal graphite iron, cast iron, and manganese steel, from as small as 0.2 Kgs to 500 Kgs of finished metallurgical products. Neetu Yoshi is also known to offer a wide range of both standard and customized products with a portfolio of over 25 products, especially serving Indian Railways with critical components like braking solutions, suspensions, propulsion aids, and coupling attachments for trains. The company mostly supplies the Indian Railways with finished metal products that are mostly used in safety parts of railways like brakes, suspensions, propulsion systems, and couplings. These parts are used in train bogies, LHB bogies, wagons, coaches, locomotives, and railway tracks. The company includes 88 employees as of July 31, 2024.
Neetu Yoshi IPO Company Financial Report
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.
Neetu Yoshi IPO GMP:
Neetu Yoshi IPO GMP was ₹24 as of Friday, 27th June. That indicates the IPO is trading at ₹99 with a ₹24 premium in the grey market against the issue price of ₹75.
