Neetu Yoshi Limited
BBSE:NEETUYOSHI218.90
INR
-7.45
(-3.29%)
Neetu Yoshi Limited
BSE:NEETUYOSHI
(Bombay Stock Exchange)
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218.90
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- Neetu Yoshi Limited is an India-based metallurgical engineering and manufacturing company primarily engaged in the production of precision-machined ferrous castings and critical safety components for railway rolling stock and industrial engineering applications. Founded in 2020 and headquartered in Dehradun, Uttarakhand, the company operates integrated manufacturing facilities equipped with automated foundries, induction melting furnaces, and computer numerical control (CNC) machine shops located in Bhagwanpur, Haridwar. Serving primarily as a Research Designs and Standards Organisation (RDSO) Class A certified vendor for the Indian Railways, the company manufactures customized ferrous components ranging from 0.2 kilograms to 1,000 kilograms across four primary alloy categories: spheroidal graphite (SG) ductile iron, gray cast iron, mild steel, and manganese steel. Its core product and service offerings comprise railway braking system components, including brake beams, center pivot assemblies, brake head holders, and friction wedges; bogie and structural suspension hardware, including narrow jaw adapters, wide jaw adapters, K-type adapters, axle box housings, side frame keys, and wear liners; coupling and draft mechanisms, including wagon couplers, knuckles, yoke pins, and draft gear components for freight cars, passenger coaches, and locomotives; precision-engineered castings for heavy automotive, defence, marine, and agricultural equipment sectors; and specialized metallurgical services, including 3D pattern development, sand casting, metallurgical heat treatment, CNC/VMC precision machining, and non-destructive quality testing. In recent corporate developments, Neetu Yoshi Limited completed its initial public offering (IPO) on the BSE SME platform in July 2025, raising approximately INR 77.04 crore in fresh equity capital to finance the establishment of a new manufacturing unit in Uttarakhand and support working capital needs; converted from a private limited company into a public limited entity in 2024; and executed operational expansions to scale its foundry and machining capacity to meet heightened domestic demand for modernized rolling stock and expand its component supplies into high-precision industrial and defence markets across India.