Neetu Yoshi Limited Announces ₹ 27.48 Cr Fund Raise and Secures ₹ 14.76 Cr Railway Purchase Order

Neetu Yoshi Limited Announces ₹ 27.48 Cr Fund Raise and Secures ₹ 14.76 Cr Railway Purchase Order​

Mumbai, May 8, 2026 — Neetu Yoshi Limited, a leading manufacturer of customized ferrous metallurgical products, has announced a significant strategic development, reporting both a successful preferential fund raise of ₹ 27.48 crore and securing a major purchase order worth ₹ 14.76 crore from an India-based wagon manufacturer. The announcements highlight the company's strong growth momentum within the domestic railway and industrial supply chain.

Neetu Yoshi Limited specializes in manufacturing customized products across various grades of ferrous metallurgical materials, including mild steel, spherical graphite iron, cast iron, and manganese steel. The company is an RDSO-certified vendor, supplying critical components to Indian Railways.

Strategic Fund Raise Confirms Growth Ambitions​

The company disclosed key outcomes from its Board Meeting, held on April 29, 2026, which approved a preferential fund raise. The details of the funding initiative are as follows:

• Fund Raised: ₹ 27.48 crore
• Instrument: Issuance of 26,42,400 convertible warrants
• Conversion Terms: Warrants are convertible into equity shares of face value ₹ 5 each, with an issue price fixed at ₹ 104 per warrant.

This preferential allotment is set to include participation from promoters and a diversified group of investors, reflecting continued market confidence in the company’s long-term business prospects.

Himanshu Lohia, Managing Director cum Chief Financial Officer, stated that the capital infusion is a strategic step to accelerate capacity expansion and strengthen the company's manufacturing capabilities. He noted that the funds position the company to execute larger and more complex orders, capitalizing on the strong demand visibility arising from Indian Railways' modernization and infrastructure push.

New Purchase Order Bolsters Rail Supply Chain Presence​

In separate news, Neetu Yoshi Limited announced the receipt of a significant purchase order worth ₹ 14.76 crore (excluding GST) from an India-based wagon manufacturer.

The contract covers the manufacturing and supply of Cast Steel Blocks (Grade 101), with an execution period spanning from May 2026 to December 2026.

This order reinforces the company's growing footprint in the domestic railway supply chain. Lohia commented that the order is a testament to the client's trust in the company's capabilities, particularly in supplying precision-engineered castings including those with austempering treatment.

Company Performance and Capabilities​

Neetu Yoshi Limited maintains its position as a metallurgical engineering firm with advanced technology and strong technical capabilities. The company holds multiple certifications, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, for quality, environmental, and occupational health & safety management.

For the fiscal year 2025 (FY25), the company reported the following consolidated financial metrics:


The company continues to focus on expanding its product portfolio and enhancing its position within the critical railway supply chain, ensuring the consistent delivery of high-quality, customized products.

Stock Price Movement​

As of 13:02, Neetu Yoshi Ltd shares are ticking up at ₹116.05, gaining 0.04% in the market. The stock has shown a wide intraday range today, moving between a low of ₹110.00 and a high of ₹117.45.