IPO Issue Details
Issue Price / Price Band₹122 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size60,00,000 shares (aggregating up to ₹73.20 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 28 May 2025
Subscription CloseFri, 30 May 2025
Anchor AllotmentTue, 27 May 2025
Basis of AllotmentMon, 02 Jun 2025
Initiation of RefundsTue, 03 Jun 2025
Credit of Shares to DematTue, 03 Jun 2025
Listing DateWed, 04 Jun 2025
UPI Mandate Deadline2025-05-30
Application & Investment Details
Retail — Min (2 Lots)₹2,44,000 — 2,000 shares
Retail — Max (13 Lots)₹1,586,000 (13 Lots)
HNI — Min (3 Lots)₹3,66,000 — 3,000 shares
EPS (Pre-IPO)₹13.87
P/E Ratio (Pre-IPO)8.79x
Net Offer to Public57,00,000 shares (aggregating up to ₹69.54 Cr)
Reserved for Market Maker3,00,000 shares (aggregating up to ₹3.66 Cr)
Pre-IPO Promoter Holding1,66,53,500 shares
Post-IPO Promoter Holding2,26,53,500 shares
About Neptune Petrochemicals Ltd
Incorporated in October 2021, Neptune Petrochemicals Limited manufactures and trades a range of bitumen products and emulsions.The company's product portfolio encompasses various grades of bitumen, including polymer-modified bitumen and crumb-rubber-modified bitumen.The company serves diverse industries, particularly construction and industrial applications.The company has three manufacturing units, Unit I is situated in Ahmedabad, Gujarat, Unit II in Panipat, Haryana,and Unit III in Kamrup, Assam.The company also trades bitumen and fuel oils, sourcing from reputable suppliers to ensure quality and meet customer needs.The company holds 2015 certifications in Quality Management (ISO), Environmental Management (ISO), and Occupational Health & Safety (OHSAS 2018).Neptune meets global standards and follows essential procedures to produce high-quality, innovative product operations.The company exports its products to Nepal and Bhutan, and it sells in India.As of December 31, 2024 the Company had 59 employees on its payroll.Competitive Strength:Products tailored for construction, roads, and various industries.The company understands market trends, customer needs, and regulations.Focused Market Segmentation.Effective Production Planning.Ability to Serve Peak Demand.Quality products ensure customer satisfaction and foster long-term relationships.
Objects of the Issue
Neptune Petrochemicals Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding capital expenditure requirement towards installation of additional plant and machinery and related infrastructure
5.15
2
Funding the capital expenditure for purchase of office space
14.75
3
Funding Working Capital Requirement
42.00
4
General Corporate Expenses
9.40
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,66,53,500 shares
Post-IPO Promoter Holding
2,26,53,500 shares