Adcounty Media India IPO open date is June 27, 2025 and the IPO will close on July 1, 2025.
The company reported revenue of ₹69.58 crores and profit of ₹13.75 crores in 2025.
About Company
Neetu Yoshi Limited, formerly Neetu Yoshi Private Limited, was incorporated on January 20, 2020, and converted to a public limited company on May 18, 2024. The company operates in Uttarakhand, India.
Adcounty Media India IPO Details
| IPO Open Date: | June 27, 2025 |
| IPO Close Date: | July 1, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹80 to ₹85 Per Share |
| Issue Size: | Approx ₹50.69 Crores |
| Fresh Issue: | Approx ₹50.69 Crores |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
Adcounty Media India IPO Market Lot
The Adcounty Media India IPO minimum market lot is 1600 shares with ₹1,36,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹1,36,000 |
| Retail Maximum | 1 | 1600 | ₹1,36,000 |
| S-HNI Minimum | 2 | 3,200 | ₹2,72,000 |
Adcounty Media India IPO Dates
| IPO Open Date: | June 27, 2025 |
| IPO Close Date: | July 1, 2025 |
| Basis of Allotment: | July 2, 2025 |
| Refunds: | July 3, 2025 |
| Credit to Demat Account: | July 3, 2025 |
| IPO Listing Date: | July 4, 2025 |
Adcounty Media India IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹31.01 | ₹28.33 | ₹2.00 | ₹18.65 |
| 2023 | ₹53.64 | ₹43.38 | ₹0.64 | ₹26.84 |
| 2024 | ₹43.24 | ₹32.03 | ₹8.28 | ₹29.51 |
| 2025 | ₹69.58 | ₹51.18 | ₹13.75 | ₹47.92 |
Adcounty Media India IPO Valuation – FY2025
Check Adcounty Media India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 47.28% |
| ROCE: | 47.27% |
| EBITDA Margin: | 26.49% |
| PAT Margin: | 19.96% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹8.37 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 47.28% |
| Net Asset Value (NAV): | ₹22.92 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Affle India Limited | 8.24 | 65.26 | 1.60% | – | 115.49 Cr. |
| DAPS Advertising Limited | 2.29 | 9.83 | 1.83% | – | 1.19 Cr. |
Business Overview
Manufacturing of Ferrous Castings
Neetu Yoshi is a foundry business with an integrated CNC machine shop. It manufactures customized metallurgical products in grades like mild steel, SG iron, cast iron, and manganese steel ranging from 0.2 kg to 500 kg.
- Core Client: Indian Railways (99% of FY24 revenue)
- Products: CP Assembly, Brake beams, Bogie parts, Couplers, etc.
- Certifications: RDSO vendor approved, ISO 9001:2015, 14001:2015, 45001:2018
- Geographical Reach: Currently India-focused, with plans to expand
Industry & Market Overview
Strong Industry Tailwinds
- Rail Transport Market projected to grow from $546B in 2023 to $749B by 2028 (CAGR: 6.5%)
- Railway Equipment Market expected to grow to $248B by 2028 (CAGR: 6.19%)
- Indian Metal Casting Market expected to grow from ₹12,473 Cr (2023) to ₹21,252 Cr by 2032 (CAGR: 5.8%)
Cash Flow Analysis
| Year | Operating Cash Flow (₹ in lakhs) |
|---|---|
| 2024 | +767.25 |
| 2023 | -195.27 |
| 2022 | +1.89 |
Note: FY23 had negative operating cash flow despite positive PAT, but FY24 shows positive recovery
Promoter & Management Analysis
- Subodh Lohia
- Himanshu Lohia
- Saundarya Lohia
Objects of the Issue
The IPO proceeds will be used primarily to set up a new manufacturing plant (₹5,074.72 lakhs) and for general corporate purposes. No part of the issue is an Offer for Sale.
- Setting up a new manufacturing facility
- General corporate purposes
Adcounty Media India IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
IPO Lead Managers aka Merchant Bankers
- Narnolia Financial Services Ltd
Company Address
Adcounty Media India Limited
First Floor, D-41, Patrakar Colony,
Near Jawahar Nagar Moti Dungri Vistar Yojna,
Raja Park,
Jaipur, Rajasthan, 302004
Phone: + 91 7877623083
Email: cs@adcountymedia.com
Website: http://www.adcountymedia.com/
Adcounty Media India IPO FAQs
What does Neetu Yoshi Limited do?
Manufactures custom ferrous casting components primarily for Indian Railways.
When Adcounty Media India IPO will open for subscription?
The IPO is to open on June 27, 2025 for QIB, NII, and Retail Investors. The IPO will close on July 1, 2025.
What is Adcounty Media India IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Adcounty Media India IPO Issue Size?
Adcounty Media India IPO issue size is ₹50.69 crores.
What is Adcounty Media India IPO Price Band?
Adcounty Media India IPO Price Band is ₹80 to ₹85.
What is Adcounty Media India IPO Lot Size?
The minimum bid is 1600 Shares with ₹1,36,000 amount.
What is the Adcounty Media India IPO Allotment Date?
Adcounty Media India IPO allotment date is July 2, 2025.
What is the Adcounty Media India IPO Listing Date?
Adcounty Media India IPO listing date is July 4, 2025. The IPO is to list on BSE.