
Biopol Chemicals IPO
Biopol Chemicals IPO
Overview
Biopol Chemicals IPO is a book build issue of ₹31.26 crores. The issue is entirely a fresh issue of 0.29 crore shares of ₹31.26 crore. Biopol Chemicals IPO opens for subscription on Feb 6, 2026 and closes on Feb 10, 2026. The allotment for the Biopol Chemicals IPO is expected to be finalized on Feb 11, 2026. Biopol Chemicals IPO will list on NSE SME with a tentative listing date fixed as Feb 13, 2026. Biopol Chemicals IPO price band is set at ₹102 to ₹108 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,59,200 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,88,800. Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Shreni Shares Ltd..
Total Shares
28,94,400
Issue Size
₹31 Cr
Price Band
₹102 – ₹108
Lot Size
1200 shares
Min. Investment
₹2,59,200
Max. Investment
₹2,59,200
Open Date
06 Feb, 2026
Close Date
10 Feb, 2026
Allotment
11 Feb, 2026
Listing
13 Feb, 2026
Max. Investment
₹2,59,200
Announced
06 Feb, 2026
Opening Date
06 Feb, 2026
Closing Date
10 Feb, 2026
Basis of Allotment
11 Feb, 2026
Initiation of Refunds
12 Feb, 2026
Credit of Shares
12 Feb, 2026
Listing Date
13 Feb, 2026
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About Biopol Chemicals IPO
Incorporated in 2023, Biopol Chemicals Limited is engaged in the manufacturing and distribution of specialty chemicals categorized into silicones, emulsifiers, biochemicals, and polyelectrolytes.
Its product portfolio comprises 66 products, including 40 silicone-based products, 5 emulsifier-based products, 15 biochemical products, and 6 polyelectrolyte products. These products find applications across multiple industries, including textiles, home care, agriculture, and industrial chemic
Biopol Chemicals IPO Share Price
Issue Breakdown
Shareholding
Dilution: 36.6% increase in shares
Biopol Chemicals IPO Financial Health
Biopol Chemicals IPO Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2400 | ₹2,59,200 |
| Individual investors (Retail) (Max) | 2 | 2400 | ₹2,59,200 |
| S-HNI (Min) | 3 | 3600 | ₹3,88,800 |
| S-HNI (Max) | 7 | 8400 | ₹9,07,200 |
| B-HNI (Min) | 8 | 9600 | ₹10,36,800 |
(All values in CR)
Biopol Chemicals IPO Valuations
| Metric | Value |
|---|---|
| ROE | 36.32 |
| ROCE | 26.32 |
| Debt/Equity | 0.76 |
| RoNW | 30.74 |
| PAT Margin | 12.29 |
| EBITDA Margin | 18.41 |
| Price to Book Value | 4.37 |
(All values in CR)
Biopol Chemicals IPO Strength & Risk
Strengths of Biopol Chemicals IPO
• Operates in specialty chemicals catering to textiles, home care, agriculture and industrial segments
• Diversified product portfolio reduces dependence on a single end-industry
• Provides technical consultancy along with products, adding customer value
• Presence in domestic markets with some export exposure supports broader reach
• Reported improvement in revenue and profitability in recent financials
• SME listing provides access to capital for business expansion and visibility
Risks of Biopol Chemicals IPO
• SME IPOs generally face lower liquidity and higher price volatility
• Business exposed to raw material price fluctuations impacting margins
• Demand sensitive to cycles in textile and industrial sectors
• Competitive pressure from larger chemical manufacturers
• Export exposure may involve foreign exchange and regulatory risks
• Execution risk in expansion and capacity utilisation plans
Biopol Chemicals IPO Subscriptions Status
Biopol Chemicals IPO subscribed 6.68 times. The public issue subscribed 6.93 times in the individual investors category, 4.00 times in QIB (Ex Anchor), and 8.15 times in the NII category by February 10, 2026 12:34:59 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Market Maker | 1.00 | 1,51,200 | 1,51,200 | 1.633 |
| QIB (Ex Anchor) | 4.00 | 6,86,400 | 27,43,200 | 29.627 |
| NII | 8.15 | 10,94,400 | 89,17,200 | 96.306 |
| bNII (> ₹10L) | 9.71 | 7,29,600 | 70,81,200 | 76.477 |
| sNII (< ₹10L) | 5.03 | 3,64,800 | 18,36,000 | 19.829 |
| Individual Investors | 6.93 | 9,62,400 | 66,64,800 | 71.98 |
| Total | 6.68 | 27,43,200 | 1,83,25,200 | 197.912 |
Biopol Chemicals IPO GMP
Biopol Chemicals was listed on the stock exchange on 2019-10-14 00:00:00. The IPO was subscribed 22.33x. The last GMP for Biopol Chemicals IPO was ₹4, updated on Feb 13th 2026 05:55 AM. As per the last GMP, the expected profit/loss for the IPO was 3.70%. The issue price of Biopol Chemicals IPO (BIOPOL) was ₹108.00, listed at a price of ₹111.00, which is 2.78% higher than the allotment price. The expected IPO listing price as per grey market was ₹112, listed below GMP price and marked as negative listing for GMP.
Last updated 13 Feb, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 13 Feb, 2026 | 108 | ₹0 | - | - | - | 13 Feb, 2026 |
| 12 Feb, 2026 | 108 | ₹0 | - | - | - | 12 Feb, 2026 |
| 11 Feb, 2026 | 108 | ₹0 | - | - | - | 11 Feb, 2026 |
| 10 Feb, 2026 | 108 | ₹0 | - | ₹108 (0.00%) | - | 10 Feb, 2026 |
| 09 Feb, 2026 | 108 | ₹0 | - | ₹108 (0.00%) | - | 09 Feb, 2026 |
| 08 Feb, 2026 | 108 | ₹0 | - | ₹108 (0.00%) | - | 08 Feb, 2026 |
| 07 Feb, 2026 | 108 | ₹0 | - | ₹108 (0.00%) | - | 07 Feb, 2026 |
| 06 Feb, 2026 | 108 | ₹0 | - | ₹108 (0.00%) | - | 06 Feb, 2026 |
| 05 Feb, 2026 | 108 | ₹0 | - | ₹108 (0.00%) | - | 05 Feb, 2026 |
| 04 Feb, 2026 | 108 | ₹0 | - | ₹108 (0.00%) | - | 04 Feb, 2026 |
| 03 Feb, 2026 | 108 | ₹0 | - | ₹108 (0.00%) | - | 03 Feb, 2026 |
| 02 Feb, 2026 | 108 | ₹0 | - | ₹108 (0.00%) | - | 02 Feb, 2026 |
| 01 Feb, 2026 | 108 | ₹0 | - | ₹108 (0.00%) | - | 01 Feb, 2026 |
| 31 Jan, 2026 | 108 | ₹0 | - | ₹108 (0.00%) | - | 31 Jan, 2026 |
| 30 Jan, 2026 | 108 | ₹0 | - | ₹108 (0.00%) | - | 30 Jan, 2026 |
| 29 Jan, 2026 | 108 | ₹0 | - | ₹108 (0.00%) | - | 29 Jan, 2026 |
| 28 Jan, 2026 | 108 | ₹0 | - | ₹108 (0.00%) | - | 28 Jan, 2026 |
| 27 Jan, 2026 | 108 | ₹0 | - | ₹108 (0.00%) | - | 27 Jan, 2026 |
| 26 Jan, 2026 | 108 | ₹0 | - | ₹ (0.00%) | - | 26 Jan, 2026 |
| 25 Jan, 2026 | 108 | ₹0 | - | ₹ (0.00%) | - | 25 Jan, 2026 |
| 24 Jan, 2026 | 108 | ₹0 | - | ₹ (%) | - | 24 Jan, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Biopol Chemicals IPO
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Find Biopol Chemicals IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Your funds will be blocked in your account until the IPO allotment process is completed.