Monolithisch India Limited IPO...
14 Jun, 2025
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.
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.
Neptune Petrochemicals Limited IPO
| 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.**
Neptune Petrochemicals Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | May 28, 2025 to May 30, 2025 |
| Listing Date | - |
| Face Value | ₹10 per share |
| Issue Price | ₹122 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 60,00,000 shares (aggregating up to ₹73.20 Cr) |
| Fresh Issue | 60,00,000 shares (aggregating up to ₹73.20 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,66,53,500 shares |
| Share Holding Post Issue | 2,26,53,500 shares |
| Market Maker Portion | 3,01,000 shares |
Neptune Petrochemicals Limited IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Wed, May 28, 2025 |
| IPO Close Date | Fri, May 30, 2025 |
| Tentative Allotment | Mon, Jun 2, 2025 |
| Initiation of Refunds | Tue, Jun 3, 2025 |
| Credit of Shares to Demat | Tue, Jun 3, 2025 |
| Tentative Listing Date | Wed, Jun 4, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 30, 2025 |
Neptune Petrochemicals Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | ₹2,44,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,44,000 |
| HNI (Min) | 2 | 3000 | ₹3,66,000 |
Neptune Petrochemicals Limited IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100.00% | - |
Competitive Strength:
- ● Integrated Manufacturing
- ● Diverse Product Portfolio
- ● Strong Import Leadership
- ● Quality Focus
- ● Market Reputation
Neptune Petrochemicals Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2024 | 117 | 620.16 | 19.47 | 61.23 | 0.16 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 121 | 676 | 21 | 31.9 | - | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 107.88 | 709.31 | 10.39 | 11.08 | 5.12 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 97.51 | 82.16 | 0.68 | 0.69 | - | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 65.00% |
| ROCE | 65.00% |
| RoNW | 65.25% |
| PAT Margin | 3.12 |
| Price to Book Value | 6.37 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 13.87 | |
| P/E (x) | 8.79 |
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.
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Frequently asked Questions (FAQs )
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1. What is the IPO price band and lot size?
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.
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2. What is the total issue size?
The exact issue size is not specified in the search results. Refer to the BSE SME platform or company filings for the latest information.
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3. How will the IPO proceeds be used?
Funds will be used for working capital, plant and machinery upgrades, marketing, technology investment, and general corporate purposes.
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4. When are the allotment and listing dates?
Dates will be announced in the IPO prospectus and on the BSE SME platform.
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5. What is Neptune Petrochemicals’ market position?
Neptune is a top importer of packed bitumen in India, with a strong reputation for reliability and quality in the infrastructure sector.
