Biopol Chemicals IPO
Open SmeCurrent GMP
₹1 (+0.93%)
Price Band
₹ 102 – 108
Lot Size
1200
Issue Size
₹31 Cr
Minimum Investment
₹259200 (2400 Shares)
Listing Date
13 February 2026
Subscription
22.39x
About the Company
Incorporated in 2023 as Biopol Chemicals Private Limited, the company was subsequently converted into a public limited company and renamed Biopol Chemicals Limited in May 2024, following the acquisition of the proprietorship firm M/s United Chemical Company.
Biopol Chemicals Limited is engaged in the manufacturing and distribution of specialty chemicals, primarily classified under four categories — silicones, emulsifiers, biochemicals, and polyelectrolytes. The company’s product portfolio comprises 66 products, including 40 silicone-based, 5 emulsifier-based, 15 biochemical, and 6 polyelectrolyte products. These products cater to a wide range of industries such as textiles, home care, agriculture, and industrial chemicals.
In addition to its manufacturing operations, Biopol also provides technical consultancy services, offering expertise in textile processing, dye manufacturing, and industrial chemical formulation.
The company operates on a business-to-business (B2B) model, serving institutional clients through a combination of direct sales and a distributor network. Biopol has established a strong domestic presence across West Bengal, Gujarat, Maharashtra, Tamil Nadu, and Karnataka, and also exports its products, primarily to Bangladesh, a key center for the global textile and apparel industry.
Promoters
- Mr. Santanu Sarkar
- Mr. Vedant Sarkar
Promoters Holding
Holding Pre Issue
89.88%
Holding Post Issue
65.81%
Objects of the Issue
The Company Biopol Chemicals IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Acquisition of industrial land
- Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks, financial institutions and non-banking financial companies
- General Corporate Purposes
Address / Contact Info
Biopol Chemicals Ltd.
D-211, 2nd Floor, Block-D,
Sumel Business Park-6 Near Dudheshwar Circle
Dudheshwar Tavdipura
Ahmedabad, Gujarat, 380004
Phone: +91- 9147076778
Email: investors@biopolchemicals.com
Website: https://biopolchemicals.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 06 February 2026
IPO Close Date
Tuesday, 10 February 2026
Basis of Allotment
Wednesday, 11 February 2026
Initiation of Refunds
Thursday, 12 February 2026
Credit of Shares to Demat
Thursday, 12 February 2026
Listing Date
Friday, 13 February 2026 — NSE & BSE
Important Dates
Open Date
06 February 2026
Close Date
10 February 2026
Basis Of Allotment
11 February 2026
Listing Date
13 February 2026
Financial Performance (₹ in Crores)
| Particular | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 48.88 | 31.48 | 17.56 |
| Revenue | 48.97 | 49.15 | 17.43 |
| Profit After Tax | 6 | 4.33 | 2.96 |
| Net Worth | 19.54 | 13.53 | 9.2 |
| Reserve & Surplus | 11.63 | 5.62 | 1.29 |
| Total Borrowings | 14.92 | 7.69 | 3.58 |
EPS Pre
5.47%
EPS Post
7.41%
P/E Pre
19.73
P/E (Post Issue)
14.58x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Dec 2025 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 36.32 | 38.1 | 53.91 |
| ROCE % | 26.32 | 30.57 | 34.03 |
| Debt / Equity | 0.76 | 0.57 | 0.39 |
| RoNW % | 30.74 | 32 | 32.19 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 12.29 | 8.81 | 11.63 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 686400 | 25.02 | 0 |
| Non-Institutional | 1094400 | 39.9 | 0 |
| BNII | 729600 | 26.6 | 0 |
| SNII | 364800 | 13.3 | 0 |
| Retail Investors | 962400 | 35.08 | 0 |
| Total | 2743200 | 100 | 0 |
Subscription Status ( Tue, 10 Feb 26 01:48 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 686400 | 14449200 | 21.05x |
| Non-Institutional | 1094400 | 26948400 | 24.62x |
| BNII | 729600 | 20205600 | 27.69x |
| SNII | 364800 | 6742800 | 18.48x |
| Retail Investors | 962400 | 20018400 | 20.8x |
| Total | 2743200 | 61416000 | 22.39x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Biopol Chemicals Ltd | 10 | 0.00 | 5.49 | 5.49 | 32.07 | 17.12 |
| Rossari Biotech Ltd | 2 | 20.93 | 24.63 | 24.63 | 15.62 | 194.56 |
| Fineotex Chemical Ltd | 2 | 2.30 | 9.44 | 9.44 | 19.31 | 54.93 |
| Indian Emulsifiers Ltd | 10 | 7.19 | 10.88 | 10.88 | 20.01 | 91.04 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 259,200 | 0.00 |
| Retail (Max) | 2 | 259,200 | 0.00 |
| S-HNI (Min) | 3 | 388,800 | 0.00 |
| S-HNI (Max) | 7 | 907,200 | 0.00 |
| B-HNI (Min) | 8 | 1,036,800 | 0.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Smart Horizon Capital Advisors Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Biopol Chemicals IPO is a Book-building IPO worth ₹31 crores. The price band is ₹102 to 108 per share. The IPO opens on Fri, Feb 6, 2026 and closes on Tue, Feb 10, 2026. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Biopol Chemicals IPO opens on Fri, Feb 6, 2026 and closes on Tue, Feb 10, 2026
Biopol Chemicals IPO Price Band is ₹102 to 108.
Biopol Chemicals IPO lot size is 1200, and the minimum amount required for application is ₹259200.
The minimum investment for Biopol Chemicals IPO is approximately ₹259200 based on the upper price band.
To apply for the Biopol Chemicals IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Feb 10, 2026. After submission, funds are blocked until the basis of allotment of Biopol Chemicals IPO is finalised.
Biopol Chemicals IPO issue size is ₹31 crores.
Biopol Chemicals IPO allotment date is Sat, Jun 27, 2026.
The registrar for Biopol Chemicals IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Biopol Chemicals IPO through their official website or helpline.
The Biopol Chemicals IPO GMP (Grey Market Premium) is ₹1 as of Fri, Feb 13, 2026. Based on the upper price band of ₹108 per share, the estimated Biopol Chemicals IPO listing price is ₹109, indicating a potential listing gain of approximately 31% over the issue price.