Neetu Yoshi Ltd

Neetu Yoshi Limited was originally incorporated as Neetu Yoshi Private Limited', a Private Limited Company dated January 20, 2020 issued by Registrar of Companies, Uttarakhand. Thereafter, Company transitioned to a public ownership and a fresh Certificate of Incorporation dated May 18, 2024 was issued by the Registrar of Companies, reflecting the name to Neetu Yoshi Limited'. Neetu Yoshi Limited is a precision engineering company specialising in the manufacture of critical, safety-rated components for Indian Railways. The Company produces customised ferrous castings and machined assemblies in mild steel, spheroidal graphite (SG) iron, cast iron and manganese steel, ranging in finished weight from as little as 0.2 kg to 1,000 kg. These components serve the braking, suspension, propulsion and coupling systems of wagons, coaches and locomotives. With an installed capacity of 21,287 metric tonnes per annum and a portfolio of more than 25 RDSO-approved railway safety items, Neetu Yoshi has established itself as a trusted, repeat-order supplier within the railway ecosystem and an active participant in India's railway-modernisation programme. The Company started business as a trading company dealing in sale of specific grade raw materials to the original equipment manufacturers of Indian Railways in year 2020. With the commencement of business, the Promoters, Himanshu Lohia and Subodh Lohia conceptualised the idea of starting machining workshop to original equipment manufacturers. In order to convert the concept into reality, Company rented a factory shed in Rudrupur with CNC machines and commenced the commercial activity of machining railway components for original equipment manufacturers where they were procuring the casted, fabricated & forged parts from other manufacturers & supplying them OEMs after machining them as per their drawing & specification. Further, supported by the market response, the Company established a manufacturing plant at Bhagwanpur Tal. of Uttarakhand in 2023. Company is a RDSO certified vendor for manufacturing and supply of over 25 casting products for Indian Railways. The Company launched the IPO by allotting 1,02,72,000 equity shares of face value Rs 5 each by raising Rs 77.04 Crore through fresh issue in July, 2025. The Company expanded the installed capacity from 4,493 MTPA to 8,087 MTPA in FY25. During FY2026 the Company widened its franchise materially. Having built its early credentials in wagon components, it added new product lines across the coach, track and locomotive segments, secured fresh approvals from the Integral Coach Factory in Chennai and the Rail Coach Factory in Kapurthala, and grew its direct business with Indian Railways. This diversification marked the Company's transition from a single-segment component maker towards a complete railway-engineering partner.