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01 Dec 2025

Neochem Bio Solutions IPO: Catalyzing Future Growth

Neochem Bio Solutions announced raising Rs 12.77 crore from anchor investors ahead of its Rs 45-crore IPO, which opens on Tuesday. The IPO aims to fund projects such as working capital and debt repayment. The Ahmedabad-based company's shares will list on the NSE Emerge platform upon conclusion.

Neochem Bio Solutions IPO: Catalyzing Future Growth

Neochem Bio Solutions Secures Rs 12.77 Crore from Anchor Investors

Neochem Bio Solutions, a leading provider of speciality performance chemicals, has strengthened its financial position by securing an investment of Rs 12.77 crore from anchor investors. This move comes ahead of the company's strategic IPO launch, which is expected to boost its market presence from Tuesday.

Details of the Strategic Launch

The Ahmedabad-based firm has placed 13.03 lakh shares at Rs 98 per equity share with seven notable entities, including Sanshi Fund -I and Mavira Growth Opportunities Fund.
The company anticipates the conclusion of its IPO on December 4, with shares listing on the NSE Emerge platform.

Key Highlights of the IPO

Price band: Rs 93-98 per equity share
Issue size: Up to 45.88 lakh shares aggregating to Rs 44.97 crore
Proceeds: To enhance long-term working capital needs, debt repayment, and overall corporate performance

Impact of the Investment

The Rs 12.77 crore investment from anchor investors will significantly enhance Neochem Bio Solutions' financial standing, enabling the company to meet its long-term working capital needs, repay debts, and drive overall corporate growth.