Biopol Chemicals IPO...
24 Jan, 2026
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).
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Biopol Chemicals IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Biopol Chemicals IPO Details
| Detail | Description |
|---|---|
| IPO Date | 6 to 10 Feb, 2026 |
| Listing Date | Fri, Feb 13, 2026 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹102 to ₹108 |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 28,94,400 shares (agg. up to ₹31 Cr) |
| Reserved for Market Maker | 1,51,200 shares (agg. up to ₹2 Cr) Shreni Shares Ltd. |
| Fresh Issue(Ex Market Maker) | - |
| Offer for Sale | - |
| Net Offered to Public | 27,43,200 shares (agg. up to ₹30 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 79,11,000 shares |
| Share Holding Post Issue | 1,08,05,400 shares |
Biopol Chemicals IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Fri, Feb 6, 2026 |
| IPO Close Date | Tue, Feb 10, 2026 |
| Tentative Allotment | Wed, Feb 11, 2026 |
| Initiation of Refunds | Thu, Feb 12, 2026 |
| Credit of Shares to Demat | Thu, Feb 12, 2026 |
| Tentative Listing Date | Fri, Feb 13, 2026 |
| Cut-off time for UPI mandate confirmation | - |
Biopol Chemicals IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,59,200 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,59,200 |
| S-HNI (Min) | 3 | 3,600 | ₹3,88,800 |
| S-HNI (Max) | 7 | 8,400 | ₹9,07,200 |
| B-HNI (Min) | 8 | 9,600 | ₹10,36,800 |
Biopol Chemicals IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 89.88% |
| Promoter Holding Post Issue | 65.81% |
Competitive Strength:
- • Manufacturing unit and order book
- • Quality standard certification
- • Strategic presence in the top manufacturing cities like Gujarat and West Bengal
- • Export operations in Bangladesh
Biopol Chemicals IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2025 | 48.88 | 48.97 | 6.00 | 19.54 | 11.63 | 14.92 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2025 | 31.48 | 49.15 | 4.33 | 13.53 | 5.62 | 7.69 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 17.56 | 17.43 | 2.96 | 9.20 | 1.29 | 3.58 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 38.10% |
| ROCE | 30.57% |
| Debt/Equity | 0.57 |
| RoNW | 32.00% |
| PAT Margin | 8.81% |
| EBITDA Margin | 13.30% |
| Price to Book Value | 6.31 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.47 | 7.41 |
| P/E (x) | 19.73 | 14.58 |
Biopol Chemical IPO Objectives
- • Acquisition of industrial land
- • Repayment of debt to strengthen the balance sheet
- • General corporate purposes
Conclusion
Biopol Chemical IPO provides an opportunity to invest in a growing company that is in the manufacturing and distribution of specialty chemicals, with its key registered office in Gujarat and West Bengal, the main regional high-demand areas. The IPO proceeds are planned to be used in the acquisition of the industrial land, repayment of debt (pre-payment or full-payment). The consistent growth and revenue generation of Biopol Chemical Ltd. made investors more interested in the IPO.
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Frequently asked Questions (FAQs )
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What is the Biopol Chemicals IPO?
The Biopol Chemicals IPO is an SME book-built issue valued at approximately ₹31.26 cr to produce specialty chemicals for the textile and home care industries and aims to list on the NSE SME platform.
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When will the Biopol Chemicals IPO open?
The IPO is scheduled to open for subscription from February 6, 2026, to close on February 10, 2026.
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What is the lot size and price band of the Biopol Chemicals IPO?
The price band for the issue is set at ₹102 to ₹108 per share. The minimum lot size is 1,200 shares.
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What are the objects of the Biopol Chemicals IPO?
The company plans to use IPO proceeds for acquiring the industrial land, repayment of debt and the rest for general corporate purposes.
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When is the Biopol Chemicals IPO allotment and listing?
The basis of allotment is expected to be finalized on February 11, 2026. Refunds for unallotted shares will be initiated on February 12, and the shares are tentatively scheduled to list on the NSE SME on February 13, 2026.
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What is the minimum amount of investment required by an individual investor?
The minimum amount of investment required by an individual investor (retail investor) is ₹2,59,200.
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