Neptune Petrochemicals Limited Link 
Allotment
Neptune Petrochemicals launched a book-built IPO worth ₹73.20 crore, entirely comprising a fresh issue of 0.60 crore shares. The IPO opened for bidding on May 28, 2025, and closed on May 30, 2025. The allotment was finalized on June 2, 2025, and the shares were subsequently listed on NSE SME on June 4, 2025.
The price band for the IPO was fixed at ₹122 per share. The lot size for an application is 1,000 shares. For retail investors, the minimum investment is 2 lots (2,000 shares), amounting to ₹2,30,000, while HNI investors must subscribe to a minimum of 3 lots (3,000 shares), totaling ₹3,66,000.
The IPO was managed by Beeline Capital Advisors Pvt. Ltd. as the Book Running Lead Manager, with MUFG Intime India Pvt. Ltd. serving as the Registrar of the Issue. Spread X Securities Pvt. Ltd. acted as the market maker for the IPO.
₹122
0%
Open
₹122
HIgh - Low
₹122
Previous Close
₹122
Total Traded Value
0
52 Weeks High
₹122
52 Weeks Low
₹122
Updates On
May 20, 2025
IPO. Open
May 28, 2026
IPO. Close
May 30, 2026
IPO. Price
₹122.00
IPO Market price
₹276.37 Cr
IPO Details
| IPO Date | 4 Jun |
| IPO Listing Date | 4 Jun |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹122.00 |
| IPO Issue Size | 60,00,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | NSE SME Platform |
| hare Holding Pre Issue | 1,66,53,500 shares |
IPO Timeline
| IPO Open Date | 28 May |
| IPO Close Date | 30 May |
| IPO Allotment (Tentative) | 2 Jun |
| Refunds | 3 Jun |
| Credit to Demat Account | 3 Jun |
| IPO Listing Date | 4 Jun |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 28,49,000 Shares |
| NII (HNI) Shares Offered | 8,55,000 Shares |
| Retail Shares Offered | 19,96,000 Shares |
IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereafter.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,44,000 |
| Retail (Max) | 2 | 2,000 | ₹2,44,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,66,000 |
| S-HNI (Max) | 8 | 8,000 | ₹9,76,000 |
| B-HNI (Min) | 9 | 9,000 | ₹10,98,000 |
Incorporated in October 2021, Neptune Petrochemicals Limited is engaged in the manufacture and trade of bitumen products and emulsions. The company’s portfolio includes various grades of bitumen, including polymer-modified bitumen and crumb-rubber-modified bitumen, catering to the construction and industrial sectors.
Operations & Manufacturing:
Manufacturing Units:
Unit I: Ahmedabad, Gujarat
Unit II: Panipat, Haryana
Unit III: Kamrup, Assam
The company also trades bitumen and fuel oils, sourcing from reliable suppliers to maintain quality and consistency.
Neptune Petrochemicals adheres to global standards and has implemented ISO-certified Quality, Environmental, and Occupational Health & Safety management systems.
Certifications:
ISO 9001:2015 – Quality Management
ISO 14001:2015 – Environmental Management
OHSAS 18001:2018 – Occupational Health & Safety
Markets & Exports:
Domestic Sales: Across India
Exports: Nepal and Bhutan
Workforce (as of Dec 31, 2024): 59 employees
Competitive Strengths:
Specialized bitumen products for construction, roads, and industrial applications
Strong understanding of market trends, customer needs, and regulatory requirements
Focused market segmentation and effective production planning
Capability to meet peak demand periods
Commitment to high-quality products, ensuring customer satisfaction and fostering long-term relationships
Company Financials (Consolidated)
| Assets | 117 | 120.95 | 107.88 |
| Total Income | 620.16 | 675.97 | 709.31 |
| Profit After Tax | 19.47 | 20.82 | 10.39 |
| EBITDA | - | - | - |
| NET Worth | 61.23 | 31.9 | 11.08 |
| Reserves and Surplus | 44.57 | 31.89 | 11.07 |
| Total Borrowing | 0.16 | - | 5.12 |
Key Performance Indicator (KPI)
| ROE | 65.00% |
| ROCE | 65.00% |
| Debt/Equity | - |
| RoNW | 65.25% |
| PAT Margin | 3.12% |
| EBITDA Margin | 3.04% |
| Price to Book Value | 6.3 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 5.15 |
| 2 | To meet out the expenses of Working Capital Requirement | 42 |
| 3 | To meet out the General Corporate Purposes; | 9.4 |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Neptune Petrochemicals Ltd. Address
Block-B, Office No. 606
Mondeal Heights Nr.
Panchratna Party Plot, S. G. Highway,
Ahmedabad, Gujarat, 380015
+91-79 49000599
info@neptunepetrochemicals.com
Detail Registrar
IPO Registrar
MUFG Intime India Pvt.Ltd.
+91-22-4918 6270
neptunepetrochemicals.smeipo@linkintime.co.in
https://linkintime.co.in/Initial_Offer/public-issues.html
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