Nature of the Disclosure

Neetu Yoshi Limited (BSE: 544434) has issued a press release announcing the commencement of commercial production at its new manufacturing facility in Haridwar.

Key Details and Dates

  • Commercial production is scheduled to commence with effect from September 13, 2026
  • The date was chosen to coincide with the 52nd birth anniversary of the Late Mrs. Neetu Lohia, the company's namesake and mother of the Managing Director
  • The disclosure was made to BSE Limited (SME Platform) on August 08, 2026

Facility Information

  • Location: Khasra No. 433, Chudiyala Mohanpur, Bhagwanpur, Haridwar, Uttarakhand – 247661
  • Funding: Established utilizing proceeds from the Company's Initial Public Offer (IPO)
  • Purpose: Implementation in accordance with the Objects of the Offer as disclosed in the Prospectus

Strategic Impact and Capacity

  • The new facility is expected to nearly double the Company's manufacturing capabilities
  • The expansion will enable the company to address a larger and more diversified order pipeline
  • Focus sectors: railway and engineering sectors
  • Rationale: To meet evolving customer requirements and support long-term growth objectives

Management Commentary

Mr. Himanshu Lohia, Managing Director cum Chief Financial Officer, stated: "The commencement of commercial production at our new Haridwar plant represents an important step in strengthening Neetu Yoshi Limited's manufacturing platform and supporting our long-term growth strategy. Developed through the prudent utilisation of IPO proceeds, the expansion reinforces our commitment to disciplined execution and positions us to serve our customers with greater scale, efficiency, and reliability."

Company Background

Neetu Yoshi Limited is a metallurgical engineering firm specializing in customized ferrous products including mild steel, spherical graphite iron, cast iron, and manganese steel. Product weight ranges from 0.2 kg to 500 kg. The company holds:

  • RDSO-certification for over 25 casting products for Indian Railways
  • ISO 9001:2015 certification for quality management
  • ISO 14001:2015 certification for environmental management
  • ISO 45001:2018 certification for occupational health & safety management

Financial Performance Reference

For FY26, the Company reported on a consolidated basis:

  • Total Income: ₹101.59 Cr
  • EBITDA: ₹33.87 Cr
  • Net Profit: ₹25.01 Cr