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Neptune Petrochemicals Limited IPO

Open Sme
NSE 28 May - 30 May 2025
Neptune Petrochemicals Limited IPO is a book build issue of 73.2 Cr. The issue is entirely a fresh issue of 6000000 shares aggregating to 73.2 Cr. Neptune Petrochemicals Limited IPO opened for subscription on May 28, 2025 and closed on May 30, 2025. The allotment for the this IPO was finalized on Jun 02, 2025. IPO was listed on NSE and BSE on Jun 04, 2025. Neptune Petrochemicals Limited IPO is set issue price band at ₹115 to ₹122 per share.

Current GMP

₹0 (0.00%)

Price Band

₹ 115 – 122

Lot Size

1000

Issue Size

₹73.2 Cr

Minimum Investment

₹244000 (2000 Shares)

Listing Date

04 June 2025

Subscription

8.38x

About the Company

Neptune Petrochemicals Limited, incorporated in October 2021, specializes in manufacturing and trading a variety of bitumen products and emulsions. Its product range includes different grades of bitumen, such as polymer-modified bitumen and crumb-rubber-modified bitumen. The company caters primarily to the construction and industrial sectors.

Neptune Petrochemicals operates three manufacturing facilities located in Ahmedabad (Gujarat), Panipat (Haryana), and Kamrup (Assam). In addition to manufacturing, the company trades bitumen and fuel oils, sourcing these materials from trusted suppliers to maintain quality and meet customer requirements.

The company is certified with ISO standards for Quality Management (ISO 2015), Environmental Management (ISO 2015), and Occupational Health & Safety (OHSAS 2018).

Promoters

  • Mr. Pareshkumar Subodhchandra Shah
  • Mrs. Riddhi Pareshkumar Shah
  • Mr. Sanjaykumar Subodhchandra Shah
Promoters Holding

Holding Pre Issue

100.00%

Holding Post Issue

0.00%

Objects of the Issue

Neptune Petrochemicals plans to utilize the net proceeds from its IPO for several key purposes. The company will allocate approximately ₹51.51 million towards capital expenditure for installing additional plant, machinery, and related infrastructure. Around ₹147.46 million will be used to purchase office space. Additionally, ₹420 million will be directed towards meeting working capital requirements, while the remaining funds will be used for general corporate expenses.

Address / Contact Info

Block-B, Office No. 606
Mondeal Heights Nr.
Panchratna Party Plot, S. G. Highway,

Phone: +91-79 49000599
Email: info@neptunepetrochemicals.com
Website: https://neptunepetrochemicals.com/

IPO Snapshot

Face Value₹10 per share
Price Band₹ 115 – 122
Lot Size1000
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 73.20 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 73.20 Cr
Listing AtNSE
Industry
Sector
QIB Quota0%
Retail Quota0%

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.

Neptune Petrochemicals Limited IPO is a Book-building IPO worth ₹73.2 crores. The price band is ₹115 to 122 per share. The IPO opens on Wed, May 28, 2025 and closes on Fri, May 30, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.

The Neptune Petrochemicals Limited IPO opens on Wed, May 28, 2025 and closes on Fri, May 30, 2025

Neptune Petrochemicals Limited IPO Price Band is ₹115 to 122.

Neptune Petrochemicals Limited IPO lot size is 1000, and the minimum amount required for application is ₹244000.

The minimum investment for Neptune Petrochemicals Limited IPO is approximately ₹244000 based on the upper price band.

To apply for the Neptune Petrochemicals Limited 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 Fri, May 30, 2025. After submission, funds are blocked until the basis of allotment of Neptune Petrochemicals Limited IPO is finalised.

Neptune Petrochemicals Limited IPO issue size is ₹73.2 crores.

Neptune Petrochemicals Limited IPO allotment date is Sat, Jun 27, 2026.

The registrar for Neptune Petrochemicals Limited 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 Neptune Petrochemicals Limited IPO through their official website or helpline.