Neochem Bio IPO
Open SmeCurrent GMP
₹2 (+2.04%)
Price Band
₹ 93 – 98
Lot Size
1200
Issue Size
₹44.97 Cr
Minimum Investment
₹235200 (2400 Shares)
Listing Date
09 December 2025
Subscription
15.59x
About the Company
Incorporated in 2006, Neochem Bio Solutions Ltd. is engaged in the business of manufacturing of specialty performance chemicals.
The company products are essential and used in industries such as textile & garment washing, home & personal care (HPC), institutional and industrial cleaners, water treatment, paints and coatings, paper and pulp, construction, rubber and dyes and pigments.
The company offer a comprehensive range of textile and garment washing auxiliaries such as pre-treatment, dyeing, finishing, printing and coating applications across all fabric and garment substrates compatible with various processing machines.
The company has its manufacturing facility located at Saket Industrial Estate, Village Moraiya, Ta. Sanand, Dist-Ahmedabad, which has an installed capacity of 22,000 metric ton per annum (“MTPA”) with a total area of 6,763 square meters.
Promoters
- Swapnil Rameshbhai Makati
- Hemangini Swapnil Dathia
Promoters Holding
Holding Pre Issue
91.12%
Holding Post Issue
66.70%
Objects of the Issue
The Company Neochem Bio IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding the long-term working capital requirements of the Company
- Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by our Company
- General Corporate Purposes
Address / Contact Info
Neochem Bio Solutions Ltd.
303,W1, Opp. Vikramnagar Colony,
Off. Iscon- Ambli Road,
Ahmedabad, Gujarat, 380058
Phone: +91 079 35217792
Email: compliance@neochem.in
Website: http://www.neochem.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 02 December 2025
IPO Close Date
Thursday, 04 December 2025
Basis of Allotment
Friday, 05 December 2025
Initiation of Refunds
Monday, 08 December 2025
Credit of Shares to Demat
Monday, 08 December 2025
Listing Date
Tuesday, 09 December 2025 — NSE & BSE
Important Dates
Open Date
02 December 2025
Close Date
04 December 2025
Basis Of Allotment
05 December 2025
Listing Date
09 December 2025
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 96.49 | 78.89 | 64.06 | 50.6 |
| Revenue | 47.18 | 86.15 | 62.01 | 48.79 |
| Profit After Tax | 5.48 | 7.75 | 1.8 | 1.07 |
| Net Worth | 32.24 | 19.75 | 12 | 8.05 |
| Reserve & Surplus | 19.7 | 13.08 | 5.33 | 2.63 |
| Total Borrowings | 38.54 | 35.62 | 33.32 | 26.24 |
EPS Pre
6.18%
EPS Post
6.41%
P/E Pre
15.85
P/E (Post Issue)
15.30x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 48.82 | 17.97 | 18.07 |
| ROCE % | 41.67 | 21.46 | 17.46 |
| Debt / Equity | 1.8 | 2.78 | 3.26 |
| RoNW % | 48.82 | 17.97 | 18.07 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 9 | 2.91 | 2.2 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 871200 | 28.54 | 0 |
| Non-Institutional | 655200 | 21.46 | 0 |
| BNII | 436800 | 14.31 | 0 |
| SNII | 218400 | 7.15 | 0 |
| Retail Investors | 1526400 | 50 | 0 |
| Total | 3052800 | 100 | 0 |
Subscription Status ( Thu, 04 Dec 25 01:47 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 871200 | 19142400 | 21.97x |
| Non-Institutional | 655200 | 14088000 | 21.5x |
| BNII | 436800 | 11493600 | 26.31x |
| SNII | 218400 | 2594400 | 11.88x |
| Retail Investors | 1526400 | 14376000 | 9.42x |
| Total | 3052800 | 47606400 | 15.59x |
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 |
|---|---|---|---|---|---|---|
| Neochem Bio Solutions Ltd | 10 | 0.00 | 4.52 | 4.52 | 21.10 | 25.72 |
| Rossari Biotech Ltd | 2 | 26.00 | 24.66 | 24.66 | 5.78 | 226.05 |
| Indian Emulsifiers Ltd | 10 | 8.83 | 11.40 | 11.40 | 11.78 | 75.54 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 235,200.00 |
| Retail (Max) | 2 | 2,400 | 235,200.00 |
| S-HNI (Min) | 3 | 3,600 | 352,800.00 |
| S-HNI (Max) | 8 | 9,600 | 940,800.00 |
| B-HNI (Min) | 9 | 10,800 | 1,058,400.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Vivro Financial Services 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.
Neochem Bio IPO is a Book-building IPO worth ₹44.97 crores. The price band is ₹93 to 98 per share. The IPO opens on Tue, Dec 2, 2025 and closes on Thu, Dec 4, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Neochem Bio IPO opens on Tue, Dec 2, 2025 and closes on Thu, Dec 4, 2025
Neochem Bio IPO Price Band is ₹93 to 98.
Neochem Bio IPO lot size is 1200, and the minimum amount required for application is ₹235200.
The minimum investment for Neochem Bio IPO is approximately ₹235200 based on the upper price band.
To apply for the Neochem Bio 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 Thu, Dec 4, 2025. After submission, funds are blocked until the basis of allotment of Neochem Bio IPO is finalised.
Neochem Bio IPO issue size is ₹44.97 crores.
Neochem Bio IPO allotment date is Sat, Jun 27, 2026.
The registrar for Neochem Bio IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Neochem Bio IPO through their official website or helpline.
The Neochem Bio IPO GMP (Grey Market Premium) is ₹2 as of Mon, Dec 8, 2025. Based on the upper price band of ₹98 per share, the estimated Neochem Bio IPO listing price is ₹100, indicating a potential listing gain of approximately 31% over the issue price.