{"id":38714,"date":"2025-06-23T18:49:11","date_gmt":"2025-06-23T13:19:11","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/06\/23\/neetu-yoshi-limited-ipo-opens-on-june-27-2025\/"},"modified":"2025-06-23T18:49:11","modified_gmt":"2025-06-23T13:19:11","slug":"neetu-yoshi-limited-ipo-opens-on-june-27-2025","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/06\/23\/neetu-yoshi-limited-ipo-opens-on-june-27-2025\/","title":{"rendered":"Neetu Yoshi Limited IPO Opens on June 27, 2025"},"content":{"rendered":"<div>\n<p><strong><span data-sheets-root=\"1\">Mumbai (Maharashtra) [India], June 23: <\/span> <\/strong>Neetu Yoshi Limited (The Company, Neetu Yoshi) is a metallurgical engineering company manufacturing critical safety spares for railways,\u00a0proposes to open its Initial Public Offering on Friday, June 27, 2025, aiming to raise\u00a0\u20b9\u00a077.04 Crore (At Upper Price Band),\u00a0with shares\u00a0to be listed on the BSE SME platform.<\/p>\n<p>The issue size is 1,02,72,000 equity shares at a face value of\u00a0\u20b9\u00a05 each with a price band of\u00a0\u20b9\u00a071 \u2013\u00a0\u20b9\u00a075 Per Share.<\/p>\n<p><strong>Equity Share Allocation<\/strong><\/p>\n<ul type=\"disc\">\n<li>Anchor Portion \u2013 Up to 29,20,000 Equity Shares<\/li>\n<li>Qualified Institutional Buyer \u2013\u00a0Up to 19,52,000 Equity Shares<\/li>\n<li>Non-Institutional Investors \u2013 Not less than 14,65,600 Equity Shares<\/li>\n<li>Retail Individual Investors \u2013 Not less than 34,14,400 Equity Shares<\/li>\n<li>Market Maker \u2013 Up to 5,20,000 Equity Shares<\/li>\n<\/ul>\n<p>The net proceeds from the IPO will be utilized for Setting up of new manufacturing facility and for general corporate purposes. The issue will close on Tuesday, July 01, 2025<\/p>\n<p>The Book Running Lead Manager to the Issue is\u00a0Horizon Management Private Limited, The Registrar to the Issue is\u00a0Skyline Financial Services Private Limited.<\/p>\n<p><strong>Mr. Himanshu Lohia, Managing Director and Chief Financial Officer of Neetu Yoshi Limited\u00a0<\/strong>expressed \u201cThis IPO marks an important chapter in Neetu Yoshi\u2019s 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.<\/p>\n<p>This IPO will support the development of a new advanced manufacturing facility, helping us expand our capabilities in producing complete bogies and couplers for high-speed trains. With this, Neetu Yoshi Limited is committed to contributing to the future of rail transportation through reliable engineering and continuous innovation.\u201d<\/p>\n<p><strong>Mr.<\/strong>\u00a0<strong>Manav Goenka, President of Horizon Management Private Limited\u00a0<\/strong>said, \u201cWe are pleased to be associated with Neetu Yoshi Limited as they take this important step in their growth journey through the launch of their Initial Public Offering. As a metallurgical engineering company catering to Indian Railways, Neetu Yoshi has steadily built its capabilities in manufacturing critical safety components.<\/p>\n<p>With the Indian railway sector undergoing rapid expansion and modernization, there is a growing demand for reliable, locally manufactured components. Neetu Yoshi\u2019s planned investment in advanced manufacturing infrastructure is a timely move that aligns with the industry\u2019s evolving needs. The IPO marks a key development in their business operations.\u201d<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], June 23: Neetu Yoshi Limited (The Company, Neetu Yoshi) is a metallurgical engineering company manufacturing critical safety spares for railways,\u00a0proposes to open its Initial Public Offering on Friday, June 27, 2025, aiming to raise\u00a0\u20b9\u00a077.04 Crore (At Upper Price Band),\u00a0with shares\u00a0to be listed on the BSE SME platform. The issue size is 1,02,72,000&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2025\/06\/23\/neetu-yoshi-limited-ipo-opens-on-june-27-2025\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Neetu Yoshi Limited IPO Opens on June 27, 2025&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":38715,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-38714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/38714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=38714"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/38714\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/38715"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=38714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=38714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=38714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}