NeilSoft Refiles DRHP for IPO, Plans ₹ 90-Crore Fresh Issue to Fuel Expantion

Engineering Services Firm Neilsoft Ltd, Backed by Japan’s Fujita Corporation, Has Refiled Its Draft Red Herring Prospectus (DRHP) With Capital Markets Regulator SEBI to raise fun raise funds through Initial Public Offering (IPO). The IPO Includes a Fresh issue of Shares Worth Up to 90 Crore and An Offer-For-Sale (ofs) of up to 8 Million Equity Shares by existing shareholders.

Neilsoft ltd has revised its IPO plan as it looks to strengthen its capital base and fund key growth initiatives. The company plans to utilize 63.52 Crore from the Fresh Issue Proceeds Primarily Towards Capital Expenditures and General Corporate Purposes. The DRHP also allows for a potential pre -para placement of up to 20 percent of the fresh issue, which could reduce the size of the actual offering.

Promoted by a group holding 54.43 Percent stake, NEILSOFT COUNTS SEVERAL MOMINENT Institutions Among Its Public ShareHoldrs. These include japan-based construction giant fujita corporation, which holds a 14.14 percent stake, as well as sidbi (6.49 percent) and SICOM (4.93 PERCENT).

The IPO will follow the book-building route and is proposed to be listed on bot the nse and bse. The issue will be managed by Equirus Capital Private Limited and IIFL Capital Services Limited as the Book-Running Lead Managers. The share allocation is structured to target 75 percent of the offer to Qualified Institute Buyers (QIBS), 15 percetic to non-institutional investors (NIIS), and 10 percent investors.

About the firm

Founded in 1991, NeilSoft Operates in the High-Growth Engineering Researing Research and Development (ER & D) Space, offering specialized services in digitalization, and automation. Its core focus spans sectors such as Architecture, Engineering and Construction (AEC), Manufacturing, and Industrial Plants.

The company runs delivery centers in pune, ahmedabad, bengaluru, bad soden (Germany), and tokyo, while its sales operations extended across India, canada, and the united kingdom. With a Strong Global Footprint, NeilSoft Serves Clients in the American, Europe, Asia-Pacific, and India. Key clients include NBBJ Architecture, Praj Industries, and Hilti Ag.

Financial Growth UndersCores IPO Timing

Neilsoft has reported consistent growth in its financials. Revenue from Operations Rose 11.96 Percent year-on-year to 325.85 Crore in FY24 From 291.03 Crore in FY23. Profit after Tax also Saw a Strong 24.05 Percent Rise to 57.85 Crore over the same period. For the nine months ended December 31, 2024, the company posted revons’ 289.06 Crore and a pat of 41.28 Crore.

With subsidiaies in Germany, Switzerland, Japan, and the United States, And R&D Center in Pune and Bad Soden, Neilsoft is Well-Positioned to Benefit from Rising Global Demand Foring Foring Foring Foring and Digital Transformation solutions.

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