Neochem Bio IPO
GMP, Subscription, Price, Dates & Financial Details
Dyes & Pigments
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,…
Open Date
Tue, 02 Dec 2025
Close Date
Thu, 04 Dec 2025
Price Band
₹ 93 – 98
Lot Size
1200
Issue Size
₹ 45.00 Cr
Minimum Investment
₹ 235,200 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Neochem Bio IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹45.00 Crore, comprising a fresh issue of 43.56 Lakh equity shares aggregating to ₹43.00 Crore.
The Neochem Bio IPO remained open for subscription from December 02, 2025, to December 04, 2025. The basis of allotment was finalized on December 05, 2025, and the company's shares were listed on NSE SME Platform on December 09, 2025.
The company had fixed the price band at ₹93 to ₹98 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹235,200 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Vivro Financial Services Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Neochem Bio Solutions Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Neochem Bio IPO Timeline (Tentative)
- IPO Open Date
- Tue, 02 Dec 25
- IPO Close Date
- Thu, 04 Dec 25
- Basis of Allotment
- Fri, 05 Dec 25
- Initiation of Refunds
- Mon, 08 Dec 25
- Credit of Shares to Demat
- Mon, 08 Dec 25
- Listing Date
- Tue, 09 Dec 25 — NSE & BSE
Open Date
02 December 2025
Close Date
04 December 2025
Basis Of Allotment
05 December 2025
Listing Date
09 December 2025
IPO Subscription
Check Live Subscription →The Neochem Bio IPO has received bids for 4,76,06,400 shares against 30,52,800 shares offered, resulting in an overall subscription of 15.59x. the NII category is subscribed 21.5x, Retail Investors 9.42x, and QIBs 21.97x. Within the NII category, BNII is subscribed 26.31x, while SNII is subscribed 11.88x.
QIB
21.97x
NII
21.5x
BNII
26.31x
SNII
11.88x
RII
9.42x
Total
15.59x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 15,26,400 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 8,71,200 shares (28.54%), while Non-Institutional Investors (NIIs) receive 6,55,200 shares (21.46%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 871,200 | 28.54% |
| Non-Institutional | 655,200 | 21.46% |
| BNII | 436,800 | 14.31% |
| SNII | 218,400 | 7.15% |
| Retail Investors | 1,526,400 | 50% |
| Total | 3,052,800 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Neochem Bio Solutions Limited KPI Information
| 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 |
| Pat Margin % | 9 | 2.91 | 2.2 |
Peers Comparison
| 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 |
About Neochem Bio Solutions Limited
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.
Neochem Bio IPO Promoters
- Swapnil Rameshbhai Makati
- Hemangini Swapnil Dathia
Promoters Holding
Holding Pre Issue
91.12%
Holding Post Issue
66.70%
Neochem Bio IPO Objective
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
Neochem Bio Solutions Limited Address / Contact Details
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
Neochem Bio IPO Lot Size
The Neochem Bio IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹2,35,200 by applying for 2 lot (2,400 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,35,200.
| 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 |
Issue Reservation
- QIB — 28.54%
- NII — 21.46%
- RII — 50%
Book Running Lead Managers
- Vivro Financial Services Private Limited
IPO Documents & Links
Explore More IPOs
Currently Open
Coming Up Next
Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Neochem Bio IPO?
Neochem Bio IPO is a Book-building IPO with a total issue size of ₹45 crore. The Neochem Bio IPO price band is ₹93 to 98 per share. The Neochem Bio IPO subscription opens on Tue, Dec 2, 2025, and closes on Thu, Dec 4, 2025. The Neochem Bio IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Neochem Bio IPO.
When will the Neochem Bio IPO open for subscription?
The Neochem Bio IPO opens on Tue, Dec 2, 2025 and closes on Thu, Dec 4, 2025
What is Neochem Bio IPO Price Band?
Neochem Bio IPO Price Band is ₹93 to 98 per share.
What is Neochem Bio IPO Lot Size?
Neochem Bio IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹235200 based on the upper price band
What is the minimum investment for Neochem Bio IPO?
The minimum investment for Neochem Bio IPO is ₹235200, based on one lot of 1200 shares at the upper price band of ₹98 per share.
How to apply for Neochem Bio IPO?
Investors can apply for the Neochem Bio IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Dec 4, 2025. The application amount remains blocked until the Neochem Bio IPO allotment is finalized.
What is Neochem Bio IPO Issue Size?
Neochem Bio IPO issue size is ₹45 crores.
What is the Neochem Bio IPO Allotment Date?
Neochem Bio IPO allotment date is Fri, Dec 5, 2025.
Who is the Neochem Bio IPO Registrar?
The registrar for Neochem Bio IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Neochem Bio IPO allotment status, refund processing, and other IPO-related information.
What is the Neochem Bio IPO GMP?
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 2.04% over the issue price.
Who is the Neochem Bio IPO Lead Manager?
The book-running lead managers (BRLMs) for the Neochem Bio IPO are Vivro Financial Services Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Neochem Bio IPO Red Herring Prospectus (RHP).