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Neochem Bio Solutions IPO
The Neochem Bio Solutions IPO opens for subscription on December 2, 2025 and closes on December 4, 2025. The book-build issue is entirely a fresh issue of 0.46 crore shares. Allotment for the Neochem Bio Solutions IPO is likely to be finalized on December 5, 2025 and the IPO will get listed on NSE SME with a tentative listing date fixed as December 9, 2025.
The Market Maker of the company is Rikhav Securities Ltd., MUFG Intime India Pvt. Ltd. is the registrar of the issue and Vivro Financial Services Pvt. Ltd. is the book running lead manager.
Company Background
Originally formed as a partnership firm in 1978 under the name Vinayak Dyes & Chemical Industries, Neochem Bio Solutions is a specialty performance chemical company that enjoys a legacy of more than 40 years. The company operates with a strong focus on sustainability, innovation and bio-based, greener solutions.
Headquartered in Ahmedabad, Neochem Bio Solutions deals in products that are used and essential in industries such as home & personal care (HPC), institutional and industrial cleaners, water treatment, textile & garment washing, paints and coatings, paper and pulp, construction, rubber and dyes and pigments.
The company provides a wide range of textile and garment washing auxiliaries such as pre-treatment, finishing, dyeing, printing and coating applications across all fabric and garment substrates compatible with different processing machines. The company's manufacturing facility is located at Saket Industrial Estate and has an installed capacity of 22,000 metric tonnes per annum (“MTPA”) with a total area of 6,763 square meters.
Operations & Product Range
Primarily, the company's operations include manufacturing specialty chemicals used across diverse industries such as home and personal care, institutional cleaning, water treatment, textiles, garment washing, paints and coatings, paper and pulp, construction, rubber and dyes and pigments.
Neochem Bio Solutions is supported by well-equipped facilities with finished goods storage and ample raw materials. The company's product range includes eco-friendly textile auxiliaries, washing agents, organic softeners, silicone finishes, pigment printing aids and various chemicals critical in industrial and household applications.
Revenue Channels
The company's revenue channels stem from its broad portfolio of customized chemical formulations that are efficiently tailored to meet the requirements of multiple industrial sectors. The business model of Neochem Bio Solutions revolves around research and development, manufacturing and sales and distribution networks.
Management & Shareholding
The management team of Neochem Bio Solutions includes key directors and promoters (Swapnil Rameshbhai Makati and Hemangini Swapnil Dathia) involved in strategic decision-making, supported by a consistent shareholding pattern dominated by promoter groups and public shareholders.
The company successfully operates under strong leadership committed to innovation and sustainable growth.
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.
Neochem Bio Solutions 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.**
Neochem Bio Solutions IPO Details
| Detail | Description |
|---|---|
| IPO Date | December 2, 2025 to December 4, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | [.] to [.] per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 45,88,800 shares (aggregating up to ₹[.] Cr) |
| Reserved for Market Maker | 2,32,800 shares (aggregating up to ₹[.] Cr) |
| Net Offered to Public | 43,56,000 shares (aggregating up to ₹[.] Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | Listing At |
| Share Holding Pre Issue | 1,25,31,953 shares |
| Share Holding Post Issue | 1,71,20,753 shares |
Neochem Bio Solutions IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | December 2, 2025 |
| IPO Close Date | December 4, 2025 |
| Tentative Allotment | December 5, 2025 |
| Initiation of Refunds | December 8, 2025 |
| Credit of Shares to Demat | December 8, 2025 |
| Tentative Listing Date | December 9, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thursday, December 4, 2025 |
Neochem Bio Solutions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,35,200 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,35,200 |
| S-HNI (Min) | 3 | 3,600 | ₹3,52,800 |
| S-HNI (Max) | 8 | 9,600 | ₹9,40,800 |
| B-HNI (Min) | 9 | 10,800 | ₹10,58,400 |
Neochem Bio Solutions IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 91.12% |
| Promoter Holding Post Issue | - |
Competitive Strength:
- • Diversified product portfolio across multiple industries
- • Robust financial performance with significant revenue growth
- • Strong production capacity with modern facilities
- • Expanding footprint in domestic and international markets
- • Commitment to innovation and sustainable, bio-based solutions
Neochem Bio Solutions IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Sept 2025 | 96.49 | 47.18 | 5.48 | 32.24 | - | 38.54 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2025 | 78.89 | 86.15 | 7.75 | 19.75 | - | 35.62 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 64.06 | 62.01 | 1.80 | 12.00 | - | 33.32 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 50.60 | 48.79 | 1.07 | 8.05 | - | 26.24 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 48.82% |
| ROCE | 41.67% |
| Debt/Equity | 1.80 |
| RoNW | 48.82% |
| PAT Margin | 9.00% |
| EBITDA Margin | 15.58% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 6.18 | |
| P/E (x) |
Neochem Bio Solutions IPO Objectives
The Neochem Bio Solutions IPO proposes to utilize the Net Proceeds from the issue as follows: ₹23.90 crores for funding the long-term working capital requirements of the Company, ₹10 crores for repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the Company and general corporate purposes.
Conclusion
The Neochem Bio Solutions IPO is a book-build issue that opens for subscription on December 2, 2025 and closes on December 4, 2025. It will be a fully fresh issue of 0.46 crore shares and it will get listed on NSE SME with a tentative listing date fixed as December 9, 2025.
The specialty performance chemical company deals in products that are used and essential in industries such as home & personal care (HPC), institutional and industrial cleaners, water treatment, textile & garment washing, paints and coatings, paper and pulp, construction, rubber and dyes and pigments. It offers a wide range of textile and garment washing auxiliaries such as pre-treatment, finishing, dyeing, printing and coating applications across all fabric and garment substrates compatible with different processing machines.
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Frequently Asked Questions (FAQs)
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Q1: When does Neochem Bio Solutions' IPO open and close?
The Neochem Bio Solutions IPO opens on December 2, 2025 and closes on December 9, 2025.
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Q2: What is the total size of the Neochem Bio Solutions IPO?
The book-building issue size for Neochem Bio Solutions IPO is entirely a fresh issue of 0.46 crore shares.
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Q3: Where will the Neochem Bio Solutions IPO be listed?
The Neochem Bio Solutions IPO will be listed on the NSE SME platform.
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Q4: What are the primary objectives for the Neochem Bio Solutions IPO proceeds?
The Neochem Bio Solutions IPO proposes to utilize ₹23.90 crores for funding the long-term working capital requirements of the Company, ₹10 crores for repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the Company and general corporate purposes.
