
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
Overall Subscription
4.11x
Total Demand
QIB Multiplier
7.12x
Institutions & Funds
NII / HNI
9.70x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,140,000 | 8,116,000 | 7.12x |
| NIB | 855,000 | 8,295,000 | 9.70x |
| Total | 1,995,000 | 16,411,000 | 4.11x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 11 | 0.00x |
| NIB | — | 2,553 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Neptune Petrochemicals Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹115 to ₹122 per equity share.
The retail lot size is 1000 shares requiring a minimum application amount of ₹1,22,000. Expected listing price is ₹122 per equity share.
The Neptune Petrochemicals Limited IPO aggregate issue size is ₹73.2 Crores with an equity price band set at ₹115 to ₹122 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,22,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 4.11x (Retail: 0.00x, QIB: 7.12x, NII: 9.70x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-06-02. Investors can verify status using PAN card or application number.
Neptune Petrochemicals Limited shares are scheduled to list on NSE on 2025-06-04.