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Neptune Petrochemicals Limited IPO Details

28 May - 30 May 2025 Closed
SME NSE

The Neptune Petrochemicals Limited IPO is a book build issue with a total issue size of ₹73.2 cr, comprising of fresh issue of 6000000 equity shares. Neptune Petrochemicals Limited IPO opened for subscription on May 28, 2025 and closed on May 30, 2025. Neptune Petrochemicals Limited IPO is set price band at ₹115 to ₹122 per share, with a lot size of 1000 shares. Minimum investment for Retail investors was ₹244,000.00 (at the upper price band) to apply for one lot.

The basis of allotment got finalized on Jun 02, 2025, and listed on the NSE on Jun 04, 2025.

MUFG Intime India Private Limited has been appointed as the registrar. Beeline Capital Advisors Pvt Ltd are the Book Running Lead Manager for the issue.

Before investing in the Neptune Petrochemicals Limited IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.

Price Band
₹ 115 – 122
Lot Size
1000
Issue Size
₹73.2 Cr
Minimum Investment
₹244000 (2000 Shares)
Listing Date
04 June 2025

Current GMP

₹0 (0.00%)

Open Date 28 May, 2025
Close Date 30 May, 2025
Market Cap -
Industry
Sector
Subscription 8.38x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

About Neptune Petrochemicals Limited

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).

Neptune Petrochemicals Limited IPO 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%

Neptune Petrochemicals Limited IPO Objective

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 with a total issue size of ₹73.2 crore. The Neptune Petrochemicals Limited IPO price band is ₹115 to 122 per share. The Neptune Petrochemicals Limited IPO subscription opens on Wed, May 28, 2025, and closes on Fri, May 30, 2025. The Neptune Petrochemicals Limited IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Neptune Petrochemicals Limited IPO.

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 per share.

Neptune Petrochemicals Limited IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹244000 based on the upper price band

The minimum investment for Neptune Petrochemicals Limited IPO is ₹244000, based on one lot of 1000 shares at the upper price band of ₹122 per share.

Investors can apply for the Neptune Petrochemicals Limited 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 Fri, May 30, 2025. The application amount remains blocked until the Neptune Petrochemicals Limited IPO allotment is finalized.

Neptune Petrochemicals Limited IPO issue size is ₹73.2 crores.

Neptune Petrochemicals Limited IPO allotment date is Wed, Jul 1, 2026.

The registrar for Neptune Petrochemicals Limited IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Neptune Petrochemicals Limited IPO allotment status, refund processing, and other IPO-related information.