Neetu Yoshi Limited (BSE SME)

IPO Reservation

Neetu Yoshi IPO Details

Company Financials In Crores

Company Overview

Incorporation & Business

• Founded in January 2020, specializing in customized ferrous metallurgical products for Indian Railways.

• RDSO-certified manufacturer of critical railway components.

Product Offerings

• Materials: Mild steel, cast iron, spheroidal graphite iron (SGI), manganese steel.

• Weight range: 0.2 kg to 500 kg.

• Key products:

  • Braking systems: Brake beams, wedges, CP assemblies.

  • Suspension & propulsion: Bogie castings, axle box housing.

  • Structural/safety parts: Jaw adopters, liners, couplers for wagons/coaches.

Manufacturing Facility

• Location: Uttarakhand (7,173 sq. meters).

• Advantages: Proximity to alloy suppliers, lower electricity costs.

Employees

• 88 employees as of July 31, 2024 (including senior management)

Strength

RDSO-Approved Infrastructure – Fully equipped, RDSO-certified facility ensures compliance with stringent railway standards, enhancing credibility and market access.

Strategic Location Advantage – Manufacturing unit’s location supports efficient logistics, timely delivery, and proximity to key clients or raw material sources.

Robust Quality Systems – Strong quality assurance and control processes ensure consistent product reliability, minimizing rework and strengthening customer trust.

Weakness

Single-Facility Dependency – Any disruption at the Uttarakhand manufacturing unit could severely impact production, leading to financial and operational setbacks.

Raw Material Volatility – Dependence on raw material availability and price stability poses a risk; shortages or cost hikes may erode margins and disrupt supply.

Leased Office Premises – Lack of ownership of the registered office could lead to uncertainties or disruptions in administrative operations if tenancy terms change.