Neetu Yoshi Limited IPO
Neetu Yoshi Limited IPO
Price Band
₹71 - ₹75
Total Issue
₹77.04 Cr
Bid Dates
27 Jun - 01 Jul
Subscription
87.65x
Est. GMP
₹20 (26.67%)
Tentative Timetable
Business Overview
Neetu Yoshi Limited is a certified foundry with an integrated CNC machine shop, specializing in customized ferrous metal castings ranging from 0.2 kg to 500 kg. It manufactures various grades of mild steel, spheroidal graphite iron, cast iron, and manganese steel. An RDSO-approved vendor for over 25 casting components for Indian Railways, the company is also ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified. With strong technical capabilities, modern infrastructure, and cost-efficient processes, it delivers high-quality, precision-engineered products at competitive prices.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 1 | 1,600 | ₹1,20,000 |
| Individual (Max) | 1 | 1,600 | ₹1,20,000 |
| S-HNI (Min) | 2 | 3,200 | ₹2,40,000 |
| S-HNI (Max) | 8 | 12,800 | ₹9,60,000 |
| B-HNI (Min) | 9 | 14,400 | ₹10,80,000 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 03 Jul | ₹20 (26.7%) | ₹95 |
| 02 Jul | ₹25 (33.3%) | ₹100 |
| 01 Jul | ₹25 (33.3%) | ₹100 |
| 30 Jun | ₹28 (37.3%) | ₹103 |
| 27 Jun | ₹23 (30.7%) | ₹98 |
| 26 Jun | ₹14 (18.7%) | ₹89 |
| 25 Jun | ₹10 (13.3%) | ₹85 |
| 24 Jun | ₹0 (0%) | ₹75 |
| 23 Jun | ₹0 (0%) | ₹75 |
Neetu Yoshi IPO Peer Comparison
(Rs. in crores)
| Particulars | Neetu Yoshi | Gujarat Intrux | Nelcast | Steelcast |
|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 47.33 | 57.20 | 1,266.94 | 409.81 |
| PAT (In Crs.) | 12.58 | 7.41 | 54.41 | 75.00 |
| EPS - Basic | 7.39 | 21.42 | 6.25 | 37.06 |
| NAV per share | 7.29 | 180.46 | 59.68 | 133.21 |
| RONW | 99.28% | 12.26% | 10.99% | 30.71% |
| EBITDA | 36.31% | 17.74% | 7.28% | 28.59% |
| PAT Margin | 26.58% | 12.96% | 4.29% | 18.30% |
| Price to earning (PE) | 10.15 | 23.24 | 21.41 | 28.83 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of June 06, 2025 for Peers
Financial Performance
(Rs. in crores)
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 51.36 | 47.33 | 16.23 | 4.59 |
| Profit after Tax | 11.99 | 12.58 | 0.42 | 0.07 |
| Net Worth | 40.14 | 19.74 | 5.57 | 2.69 |
| Total Borrowing | 8.40 | 17.39 | 8.25 | 0.00 |
| Total Assets | 53.16 | 38.50 | 14.63 | 3.08 |
| NAV per share (in ₹) | 14.06 | 7.26 | 3.49 | 0.00 |
| EPS - Basic (in ₹) | 4.31 | 7.39 | 1.51 | 0.72 |
KPIs
EBITDA
36.31%
PAT
26.58%
RONW
99.28%
ROCE
43.74%
PE Ratio
10.15
PB Ratio
10.33
Mkt Cap (in Crs.)
291.09
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Shareholding
Promoter
95.22%
Public
4.78%
Management
Subscription Status
Updated as on 01 Jul 2025 | 05:00:00 PM
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 96.36x | 19,52,000 | 18,80,97,600 |
| NII | 256.69x | 14,65,600 | 37,62,11,200 |
| Retail | 91.21x | 34,14,400 | 31,14,36,800 |
| Total | 128.18x | 68,32,000 | 87,57,45,600 |
Frequently Asked Questions
What is Neetu Yoshi IPO?
When will Neetu Yoshi IPO open?
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When is the allotment of Neetu Yoshi IPO?
What is the listing date of Neetu Yoshi IPO?
What is the subscription of Neetu Yoshi IPO?
What is the price band of Neetu Yoshi IPO?
How to check allotment status of Neetu Yoshi IPO?
How to apply Neetu Yoshi IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Neetu Yoshi IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Neetu Yoshi IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Neetu Yoshi IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date