Neilsoft Limited, backed by Japan’s Fujita Corporation, has re-submitted its IPO documents to the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO).
As per the latest filing, the IPO will now include fresh shares worth ₹90 crore and an offer for sale (OFS) of 80 lakh shares.
IPO Size Reduced
When Neilsoft first filed its IPO documents in December 2024, it planned to raise ₹100 crore through new shares.
However, the revised filing in May 2025 shows a reduced issue size. SEBI had returned the initial documents in March 2025, leading to the updated submission.
How Will the Funds Be Used?
Out of the ₹90 crore raised through fresh issuance:
Around ₹69.63 crore will be used for capital expenditure
The remaining amount will go towards general corporate purposes
About Neilsoft
Founded in 1991, Neilsoft is a technology-driven engineering services company. It provides a range of solutions such as:
AEC design services
Industrial plant design
Design of manufacturing equipment and production lines
Financial Performance
Neilsoft, headquartered in Pune, has shown steady financial growth:
FY23 Revenue: ₹291 crore
FY24 Revenue: ₹326 crore (12% growth)
FY23 PAT: ₹46.64 crore
FY24 PAT: ₹57.85 crore (24% growth)
For the April–June 2024 quarter, the company reported:
Revenue: ₹88.24 crore
PAT: ₹14.09 crore
IPO Lead Managers and Listing Plans
Equirus Capital and IIFL Capital Services are the book-running lead managers
The shares will be listed on NSE and BSE
Neilsoft’s re-filed IPO is one of the many offerings expected in the coming months, and investors will be closely watching how this engineering firm’s public debut shapes up.
