Neptune Petrochemicals IPO description – Neptune Petrochemicals is involved in the manufacturing and trading bitumen products, bitumen emulsions, micro-surfacing emulsions, and related products. Its portfolio includes various grades of bitumen and modified bitumen such as polymer-modified bitumen and crumb rubber-based modified bitumen. The company primarily serves the construction and infrastructure industries.
Neptune operates three manufacturing facilities located in Panipat, Haryana; Ahmedabad, Gujarat; and Kamrup, Assam. Additionally, it has a blending unit in Sanand, Ahmedabad. Beyond India, the company also conducts business in Nepal and Bhutan. For fiscal year 2024, the company reported total sales of INR 658.48 crores in India and INR 9.32 crores from Nepal and Bhutan.
The company’s market presence extends across multiple Indian states, including Gujarat, Rajasthan, Madhya Pradesh, Maharashtra, Haryana, Punjab, Himachal Pradesh, Uttar Pradesh, Uttarakhand, Odisha, Bihar, West Bengal, Karnataka, Assam, Manipur, Meghalaya, Tripura, Nagaland, Arunachal Pradesh, and Chhattisgarh. As of 31 March 2025, Neptune Petrochemicals employs 68 staff members.
Promoters of Neptune Petrochemicals – Mr. Paresh Subodhchandra Shah, Mrs. Riddhi Pareshkumar Shah, and Mr. Sanjaykumar Subodhchandra Shah
Table of Contents
Neptune Petrochemicals IPO Details
| Neptune Petrochemicals IPO Dates | 28 – 30 May 2025 |
| Neptune Petrochemicals Issue Price | INR 115 – 122 per share |
| Fresh issue | 60,00,000 shares (INR 69 – 73.2 crore) |
| Offer For Sale | NIL |
| Total IPO size | 60,00,000 shares (INR 69 – 73.2 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 1,22,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Neptune Petrochemicals Financial Performance
| FY 2022 | FY 2023 | FY 2024 | 9M FY 2025 | |
| Revenue | 81.16 | 707.82 | 667.74 | 614.33 |
| Expenses | 81.24 | 695.37 | 647.71 | 594.08 |
| Net income | 0.68 | 10.39 | 20.82 | 19.47 |
Neptune Petrochemicals Offer News
- Neptune Petrochemicals RHP
- Neptune Petrochemicals Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Neptune Petrochemicals Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 1.03 | 6.92 | 13.87 |
| PE ratio | – | – | 8.29 – 8.80 |
| RONW (%) | 98.56 | 93.75 | 65.25 |
| NAV | 0.42 | 6.66 | 19.16 |
| ROCE (%) | 98.55 | 93.75 | 65.25 |
| EBITDA (%) | (0.10) | 1.83 | 3.04 |
| Debt/Equity | 0.00 | 0.46 | 0.00 |
Neptune Petrochemicals IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Neptune Petrochemicals IPO Subscription – Live Updates
| Category | QIB | NII | Total |
|---|---|---|---|
| Shares Offered | 11,40,000 | 28,50,000 | 39,90,000 |
| 30 May 2025 | 7.12 | 3.02 | 4.19 |
| 29 May 2025 | 3.14 | 1.30 | 1.82 |
| 28 May 2025 | 2.14 | 0.62 | 1.14 |
The market maker reservation portion of 3,01,000 shares and anchor investor portion of 17,09,000 shares are not included in the above calculations.
Neptune Petrochemicals IPO Allotment Status
Neptune Petrochemicals IPO allotment status will be available on MUFG Intime’s website. Click on MUFG Intime IPO weblink to get allotment status.
Neptune Petrochemicals IPO Dates & Listing Performance
| IPO Opening Date | 28 May 2025 |
| IPO Closing Date | 30 May 2025 |
| Finalization of Basis of Allotment | 2 June 2025 |
| Initiation of refunds | 3 June 2025 |
| Transfer of shares to demat accounts | 3 June 2025 |
| IPO Listing Date | 4 June 2025 |
| Opening Price on NSE SME | INR 132.75 per share (up 8.81%) |
| Closing Price on NSE SME | INR 139.35 per share (up 14.22%) |
Neptune Petrochemicals Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
B 1311-1314, Thirteenth Floor, Shilp Corporate Park, Rajpath
Rangoli Road, Thaltej, Ahmedabad- 380054, Gujarat, India.
Phone: 079 4840-7357
Email: [email protected]
Website: www.beelinemb.com
Neptune Petrochemicals Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Neptune Petrochemicals Issue Contact Details
NEPTUNE PETROCHEMICALS LIMITED
Block-B, Office No. 606, Mondeal Heights
Nr. Panchratna Party Plot, S. G. Highway,
Ahmedabad, Gujarat 380015, India
Phone: +91-79 49000599/600
E-mail: [email protected]
Website: [email protected]
IPO FAQs
What is Neptune Petrochemicals offer size?
Neptune Petrochemicals offer size is INR 69 – 73.2 crores.
What is Neptune Petrochemicals offer price band?
Neptune Petrochemicals public offer price is INR 115 – 122 per share.
What is the lot size of Neptune Petrochemicals IPO?
Neptune Petrochemicals offer lot size is 1,000 shares.
What is Neptune Petrochemicals IPO GMP today?
Neptune Petrochemicals IPO GMP today is INR NA per share.
What is Neptune Petrochemicals kostak rate today?
Neptune Petrochemicals kostak rate today is INR NA per application.
What is Neptune Petrochemicals Subject to Sauda rate today?
Neptune Petrochemicals’s Subject to Sauda rate today is INR NA per application.