Neetu Yoshi Limited Announces IPO to Propel Growth in Railway Sector

Neetu Yoshi Limited is set to debut its Initial Public Offering (IPO) on June 27, 2025, with a target to raise ₹ 77.04 Crore at the upper price band. This marks a significant milestone for the metallurgical engineering firm specializing in manufacturing safety spares for railways.

The public issue comprises 1,02,72,000 equity shares, priced within a band of ₹ 71 - ₹ 75 per share. Allocations include an Anchor Portion up to 29.2 lakh shares and segments for Qualified Institutional Buyers, Non-Institutional Investors, Retail Individual Investors, alongside Market Makers.

The funds from the IPO are designated for constructing a new manufacturing facility and addressing corporate necessities. Spearheading the offering, Horizon Management Private Limited serves as the Book Running Lead Manager, with Skyline Financial Services Private Limited acting as the Registrar. Neetu Yoshi's growth trajectory highlights its transition from a trading entity to a major supplier of critical railway components.

(With inputs from agencies.)