Neptune Petrochemicals IPO
- IPO Date28 May, 2025 to 30 May, 2025
- Listing Date04 Jun, 2025
- Face Value₹10 per share
- Issue Price₹115 to ₹122 per share
- Lot Size1000 Shares
- Minimum Investment₹1,22,000
- Listing AtNSE SME
- Total Issue Size60,00,000 Shares
(aggregating up to ₹73.20 Cr) - Fresh Issue60,00,000 Shares
(aggregating up to ₹73.20 Cr)
- Offer for Sale-
- Issue TypeBookbuilding IPO
- Share holding pre issue1,66,53,500
- Shareholding post issue2,26,53,500
IPO Dates
Closing Date
30 May, 2025
Initiation of Refunds
03 Jun, 2025
Listing Date
04 Jun, 2025
28 May, 2025
Opening Date
02 Jun, 2025
Basis of Allotment
03 Jun, 2025
Credit of Shares
Neptune Petrochemicals Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,22,000 |
| HNI (Min) | 2 | 2000 | ₹2,44,000 |
| Retail (Max) | 1 | 1000 | ₹1,22,000 |
Neptune Petrochemicals Promoter Holding
The promoters of the company are Mr. Pareshkumar Subodhchandra Shah, Mrs. Riddhi Pareshkumar Shah and Mr. Sanjaykumar Subodhchandra Shah.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | - |
Neptune Petrochemicals COMPANY INFORMATION
Neptune Petrochemicals IPO is a bookbuilding of ₹73.20 crores. The issue is entirely a fresh issue of 60.00 lakh shares. Neptune Petrochemicals IPO opens for subscription on May 28, 2025 and closes on May 30, 2025. The allotment for the Neptune Petrochemicals IPO is expected to be finalized on Monday, June 2, 2025. Neptune Petrochemicals IPO will be list on NSE SME with a tentative listing date fixed as Wednesday, June 4, 2025. Neptune Petrochemicals IPO price band is set at ₹115 to ₹122 per share. The minimum lot size for an application is 1000. The minimum amount of investment required by retail investors is ₹1,15,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,22,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹2,44,000. Beeline Capital Advisors Pvt Ltd is the book-running lead manager of the Neptune Petrochemicals IPO, while MUFG Intime India Private Limited ((Link Intime) is the registrar for the issue. Refer to Neptune Petrochemicals IPO RHP for detailed information.
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.
FAQs About Neptune Petrochemicals Ipo
Neptune Petrochemicals IPO will open on 28 May, 2025 and close on 30 May, 2025. Investors must apply within this period to participate.
The Neptune Petrochemicals IPO price band is set between ₹115.00 and ₹122.00 per share. The minimum lot size is 1000, requiring an investment of at least ₹122000.00.
The Neptune Petrochemicals IPO shares are expected to be listed on 04 Jun, 2025, subject to regulatory approvals and final allotment.
You can track your Neptune Petrochemicals IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Neptune Petrochemicals IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.