Neptune Petrochemicals Limited IPO

Neptune Petrochemicals Limited IPO

Neptune Petrochemicals Limited specializes in the production, manufacturing, and trading of a wide range of bitumen products and emulsions. Its diverse portfolio includes various grades of bitumen, Polymer Modified Bitumen, Crumb Rubber Modified Bitumen, and specialty oils. Serving primarily the construction and infrastructure sectors, the company leverages advanced manufacturing techniques and market insights to deliver high-quality, customized solutions for road construction and industrial applications.

Price Band

₹115 - ₹122

Dates

28 May - 30 May

GMP

₹0 (0.00%)

Subscriptions

8.38 times

Issue Size

₹73.20 Crs

Neptune Petrochemicals IPO Key Dates
Opening Date

28 May 25

Closing Date

30 May 25

Basis Of Allotment

02 Jun 25

Initiations Of Refund

03 Jun 25

Credit Of Shares

03 Jun 25

Listing Date

04 Jun 25

Neptune Petrochemicals IPO Objects

  1. Funding capex requirement towards installation of additional plant and machinery and related infrastructure
  2. Funding the capex for purchase of office space
  3. Funding Working Capital Requirement
  4. General Corporate Purpose

Neptune Petrochemicals IPO Details
Price Band

₹115 - ₹122

Listing At

NSE SME

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹73.20 Cr (0.60 Cr Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹73.20 Cr (0.60 Cr Shares)

Face Value

₹10 per equity share

Neptune Petrochemicals IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 2,000 2,44,000
Maximum 1 2,000 2,44,000
NII
Minimum 2 4,000 4,88,000
Neptune Petrochemicals IPO Subscription

Updated as on 30-May-2025 19:00:37 hrs

Investor Category Subscription (times) Shares Offered Shared Bid
QIB 7.12 11,40,000 81,16,000
NII 10.05 8,55,000 85,96,000
Total 8.38 19,95,000 1,67,12,000
Neptune Petrochemicals IPO GMP

The estimated Grey Market Premium of Neptune Petrochemicals IPO is ₹0 per share (0.00%)

Category Allocation
Particulars Allocation
QIB Not more than 50% of Net Offer
NII Not less than 35% of Net Offer
Retail Not less than 15% of Net Offer
Market Maker 3,01,000 EQ Shares
Neptune Petrochemicals IPO Financials

(Rs. in crores)

Particulars Dec-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 614.33 667.74 707.82 81.16
Profit after Tax 19.47 20.82 10.39 0.68
Net Worth 61.23 31.90 11.08 0.69
Total Borrowing 0.16 0.00 5.12 0.00
Total Assets 117.00 120.95 107.88 97.51
NAV per share (in ₹) 36.77 19.16 6.66 0.42
EPS - Basic (in ₹) 12.26 13.87 6.92 1.03

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI KPI
EBITDA 3.04%
PAT 3.12%
ROE 96.85%
ROCE 117.86%
PE Ratio 8.80
PB Ratio 6.37
Mkt Cap (in Crs.) 276.37
  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Neptune Petrochemicals IPO Peer Comparision

(Rs. in crores)

Particulars Neptune Petrochemicals Agarwal Industrial Corporation Nexxus Petro Industries
Revenue from Ops (in Crs.) 667.74 2,125.30 237.78
PAT (In Crs.) 20.82 109.22 3.48
EPS - Basic 13.87 73.02 8.99
NAV per share 19.16 341.64 12.42
RONW 65.25% 21.37% 40.36%
EBITDA 3.04% 8.07% 2.57%
PAT Margin 3.12% 5.14% 1.47%
Price to earning (PE) 8.80 13.85 22.94
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 06, 2025 for Peers
Neptune Petrochemicals IPO Peer Comparision

(Rs. in crores)

Particulars Neptune Petrochemicals
Revenue from Ops (in Crs.) 667.74
PAT (In Crs.) 20.82
EPS - Basic 13.87
NAV per share 19.16
RONW 65.25%
EBITDA 3.04%
PAT Margin 3.12%
Price to earning (PE) 8.80
Agarwal Industrial Corporation Nexxus Petro Industries
2,125.30 237.78
109.22 3.48
73.02 8.99
341.64 12.42
21.37% 40.36%
8.07% 2.57%
5.14% 1.47%
13.85 22.94
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 06, 2025 for Peers
Promoter Details
Name Shareholding
Mr. Pareshkumar Subodhchandra Shah 45.97%
Mrs. Riddhi Pareshkumar Shah 43.71%
Mr. Sanjaykumar Subodhchandra Shah 2.04%
Other Promoter 2.58%
Total 94.30%
Management Details
Name Designation
Mr. Pareshkumar Subodhchandra Shah Chairman & MD
Mr. Sunil Kumar Sharma CFO
Company Details

Name: Neptune Petrochemicals Limited

Address: Block-B, Office No. 606, Mondeal Heights Nr. Panchratna Party Plot, S. G. Highway, Ahmedabad, Gujarat, India, 380015

Number: +91-79 49000599/600

Email: info@neptunepetrochemicals.com

Website: www.neptunepetrochemicals.com

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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Neptune Petrochemicals IPO is a SME IPO having an issue size of Rs. ₹73.20 Crs. Neptune Petrochemicals IPO is priced at ₹115 - ₹122 per share. The issue opens on 28 May 25 and closes on 30 May 25.

Neptune Petrochemicals IPO opens on 28 May 25 and closes on 30 May 25.

The estimated Grey Market Premium of Neptune Petrochemicals IPO is ₹0 per share (0.00%).

The minimum lot size of Neptune Petrochemicals IPO is 2000 shares & the minimum application amount is Rs. 244000.

The allotment date of Neptune Petrochemicals IPO is 02 Jun 25.

The listing date of Neptune Petrochemicals IPO is 04 Jun 25.

Neptune Petrochemicals IPO is subscribed 8.38 times.

Neptune Petrochemicals IPO is priced at ₹115 - ₹122 per share.

Click the allotment link on Neptune Petrochemicals IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
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  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Neptune Petrochemicals IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date