
Materials / Chemicals · NSE
Neptune Petrochemicals Limited, established in October 2021, is involved in the manufacturing and trading of a variety of bitumen products and emulsions. Its product range includes different grades of bitumen such as polymer-modified and crumb-rubber-modified bitumen, which are mainly used in construction and industrial sectors. The company operates three manufacturing units located in Ahmedabad (Gujarat), Panipat (Haryana), and Kamrup (Assam). Along with manufacturing, Neptune also trades bitumen and fuel oils by sourcing them from trusted suppliers to ensure quality and meet customer demands. The company holds certifications in Quality Management (ISO 2015), Environmental Management (ISO 2015), and Occupational Health & Safety (OHSAS 2018), highlighting its commitment to international standards and efficient operations. Neptune sells its products in India and also exports to Nepal and Bhutan. As of December 31, 2024, the company employed 59 people.
Price Band
₹115 – ₹122
Issue Size
₹73.20 Cr
Lot Size
1000 shares
GMP
Est. Listing
₹122
at current GMP
Subscribed
4.11x
overall
Open
28 May 2025
Close
30 May 2025
Allotment
2 Jun 2025
Refund
3 Jun 2025
Demat Credit
4 Jun 2025
Listing
4 Jun 2025
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹122
Band: ₹115 – ₹122
Estimated Listing Price
₹122
Upper price + GMP
Lot Size
1000 shares
Min investment ₹1,22,000
Estimated Profit / Lot
₹0
1000 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated 11 months ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 22 May 2025 | — | 0.0% | ₹122 |
| 23 May 2025 | — | 0.0% | ₹122 |
| 27 May 2025 | — | 0.0% | ₹122 |
| 28 May 2025 | — | 0.0% | ₹122 |
| 29 May 2025 | — | 0.0% | ₹122 |
| 30 May 2025 | — | 0.0% | ₹122 |
| 2 Jun 2025 | — | 0.0% | ₹122 |
| 3 Jun 2025 | — | 0.0% | ₹122 |
| 30 Oct 2025 | — | 0.0% | ₹122 |
| 12 Nov 2025 | — | 0.0% | ₹122 |
| 25 Nov 2025 | — | 0.0% | ₹122 |
GMP is unofficial market data. Not a guarantee of listing performance.
Neptune Petrochemicals Limited is bringing an initial public offering (IPO) in the Materials / Chemicals sector with an aggregate issue size of ₹73.2 Crores. The shares are offered at a price band of ₹115 to ₹122 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-05-30, the basis of allotment is scheduled to be finalized on 2025-06-02. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest grey market premium for Neptune Petrochemicals Limited IPO is ₹0, which indicates an expected listing price of ₹122.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.