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Neptune Petrochemicals Limited IPO GMP, Date, Price Band & Review

Neptune Petrochemicals Limited is launching its Initial Public Offering (IPO) to raise approximately ₹73.20 crore through a fresh issue of 60 lakh equity shares. The IPO is open for subscription from May 28 to May 30, 20...

IPO Details
Neptune Petrochemicals Limited IPO

Neptune Petrochemicals Limited IPO

Neptune Petrochemicals Limited IPO Details

DetailDescription
IPO DateMay 28, 2025 to May 30, 2025
Listing Date-
Face Value₹ 10 per share
Issue Price₹ 122 per share
Lot Size1,000 Shares
Total Issue Size60,00,000 shares (aggregating up to ₹ 73.20 Cr)
Fresh Issue60,00,000 shares (aggregating up to ₹ 73.20 Cr)
Issue TypeBookbuilding IPO
Listing AtNSE SME
Share Holding Pre Issue1,66,53,500 shares
Share Holding Post Issue2,26,53,500 shares
Market Maker Portion3,01,000 shares

About Neptune Petrochemicals Limited IPO

Neptune Petrochemicals Limited is launching its Initial Public Offering (IPO) to raise approximately ₹73.20 crore through a fresh issue of 60 lakh equity shares. The IPO is open for subscription from May 28 to May 30, 2025. The minimum lot size of 1,000 shares is set for the retail investors. The company has decided to list the IPO on the NSE SME platform on June 4, 2025. The issue will be a book-building issue open for retail, noninstitutional, and institutional investors as well. All the IPO proceeds will be used for Neptune Petrochemicals’ expansion plans and to fulfill the capital requirements so that the company can grow further in the bitumen manufacturing and trading sector.

Company Background

About the Business

Neptune Petrochemicals Limited was founded in 2004 as a trading entity, but gradually expanded its horizon into manufacturing and importing as well to fulfill the evolving demand for petrochemical products in India. Under the leadership of Mr. Paresh Shah, the company has invested in infrastructure and built a skilled professional workforce, and has made this company a pioneer in the Indian bitumen industry.

Neptune now manufactures and supplies a broad range of bitumen products, emulsions, and modified bitumen such as Polymer Modified Bitumen (PMB) and Crumb Rubber Modified Bitumen (CRMB), along with other value-added bituminous products. Its manufacturing plants, including a prominent facility in Bavla, Gujarat, are equipped with advanced technology and quality control systems.

IPO Objectives

The net proceeds from the IPO are expected to be allocated towards:

  • Working capital requirements
  • Capacity expansion and plant upgrades
  • Investment in new machinery and technology
  • Brand building and marketing initiatives
  • General corporate purposes

Conclusion

Neptune Petrochemicals Limited’s IPO offers investors exposure to a fast-growing player in the Indian bitumen and allied products market. The company’s integrated operations, leadership in imports, advanced manufacturing facilities, and focus on quality position it well to benefit from India’s infrastructure growth. The capital raised will support further expansion, technological upgrades, and market penetration.

Neptune Petrochemicals Limited IPO Financial Information

Latest Revenue

620.16

₹ Crore

Profit After Tax

19.47

₹ Crore

Net Worth

61.23

₹ Crore

Total Borrowing

0.16

₹ Crore

Period EndedAssetsRevenue From OperationsProfit After TaxNet WorthTotal Borrowing
31 Dec 2024117620.1619.4761.230.16
31 Mar 20241216762131.9
31 Mar 2023107.88709.3110.3911.085.12
31 Mar 202297.5182.160.680.69
Amount in ₹ Crore

Neptune Petrochemicals Limited Key Performance Indicator

KPIValues
ROE65.00%
ROCE65.00%
RoNW65.25%
PAT Margin3.12
Price to Book Value6.37
Pre IPOPost IPO
EPS (Rs)13.87-
P/E (x)8.79-

Frequently Asked Questions

The price band and lot size have not been officially announced. SME IPOs typically have a lot size of 1,000–2,000 shares. Please check the official prospectus for details.
The exact issue size is not specified in the search results. Refer to the BSE SME platform or company filings for the latest information.
Funds will be used for working capital, plant and machinery upgrades, marketing, technology investment, and general corporate purposes.
Dates will be announced in the IPO prospectus and on the BSE SME platform.
Neptune is a top importer of packed bitumen in India, with a strong reputation for reliability and quality in the infrastructure sector.
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Competitive Strengths

1

Integrated Manufacturing

2

Diverse Product Portfolio

3

Strong Import Leadership

4

Quality Focus

5

Market Reputation

Official Documents

Download regulatory filings

Neptune Petrochemicals Limited IPO Timeline

IPO Open DateWed, May 28, 2025
IPO Close DateFri, May 30, 2025
Tentative AllotmentMon, Jun 2, 2025
Initiation of RefundsTue, Jun 3, 2025
Credit of Shares to DematTue, Jun 3, 2025
Tentative Listing DateWed, Jun 4, 2025
Cut-off time for UPI mandate confirmation5 PM on May 30, 2025

IPO Lot Size

InvestorsNo.of lotsShares OfferedMax Bid Amount
Individual investors (Retail) (Min)22000₹2,44,000
Individual investors (Retail) (Max)22000₹2,44,000
HNI (Min)23000₹3,66,000