Biopol Chemicals IPO

Biopol Chemical IPO is a book-building issue of ₹31.26 crore, 100% of the fresh issue of 0.29 crore shares. The price band is set at ₹102 to ₹108 per share and the lot size for an application is 1,200. The minimum amount required by an individual investor is ₹2,59,200 (2,400 shares). The IPO opens for subscription from February 6, 2026, to February 11, 2026, on the NSE SME platform with a tentative listing date fixed as Feb 13, 2026.

Company Background

Biopol Chemical Ltd. was incorporated in 2023, based in Kolkata, but its registered office is in Gujarat. This is a research-focused and technology-strong company that is engaged in the manufacturing and distribution of specialty chemicals. They have a portfolio that comprises 66 products, which include 40 silicone, 5 emulsifiers, 15 biochemical and 6 polyelectrolyte products. The manufacturing unit has an installed capacity of 18,25,000 liters per annum of the products.

Operations and Product Range

Facility and Production

Biopol Chemicals Ltd. operates a manufacturing unit in West Bengal with an installed capacity of 18,25,000 litres per annum. The company also has a corporate office and warehouse in West Bengal, and a registered office in Gujarat. The company is planning an expansion to acquire land in Gujarat for an additional manufacturing unit. The production units are described as state-of-the-art.

Brands and Market Presence

The company manufactures 66 specialty chemical products, including silicones, emulsifiers, biochemicals, and polyelectrolytes, which are ZDHC Level 3.0 certified. These products serve industries such as textiles, home care, agriculture, and industrial chemicals. Biopol has a strategic presence in Gujarat and West Bengal and export operations in Bangladesh.

Revenue Channels

• • Manufacturing and distribution of 66 chemical products
• • Market presence in high-demand industrial hubs (i.e, West Bengal and Gujarat)
• • Export of products to Bangladesh
• • Sales of textile chemicals, home care, agriculture and industrial chemicals

Management and Shareholding

Promoters and Shareholding

Mr. Santanu Sarkar (Chairman & Managing Director) and Mr. Vedant Sarkar (Whole Time Director) are the key promoters of the company. Before the Biopol Chemical IPO, the promoters held a majority stake, but after the IPO, their shareholding is expected to dilute as Offer for Sale (OFS) shares are offered in the upcoming Biopol Chemical IPO.

Board Members

The board members of Biopol Chemical Ltd. include Mr. Santanu Sarkar (Chairman & Managing Director) and Mr. Vedant Sarkar (Whole Time Director). Non-Executive Independent Directors are Ms. Preety Priya Ghosh, Mr. Gaurav Mittal, and Mr. Kaushikkumar Vasantbhai Darji. Other key personnel include Ms. Deepti Nama (CS) and Mr. Sandip Choudhury (CFO).