Neptune Petrochemicals IPO: Full Guide on Price, GMP, Dates & More

What is the Neptune Petrochemicals IPO?

Neptune Petrochemicals IPO is a fresh SME issue worth ₹73.20 crore. The company, Neptune Petrochemicals Limited, was founded in October 2021. It manufactures and trades bitumen-based products like:

• Regular Bitumen

• Polymer-Modified Bitumen

• Crumb-Rubber-Modified Bitumen

These products are mainly used in road construction and other industrial projects.

🌍 Factory Locations:

• Ahmedabad, Gujarat

• Panipat, Haryana

• Kamrup, Assam

The company exports to Nepal and Bhutan and follows strict ISO standards to maintain quality, safety, and environmental care.

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📅 Key IPO Dates

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💰 IPO Price, Lot Size & Issue Details

• Price Band: ₹115 to ₹122 per share

• Face Value: ₹10 per share

• Lot Size: 1,000 shares

• Issue Size: 60,00,000 shares = ₹73.20 crore

• Type of Issue: 100% fresh (no Offer for Sale)

💼 Minimum Investment

• Retail: 1 Lot = ₹1,22,000

• HNI: 2 Lots = ₹2,44,000

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📊 Neptune Petrochemicals Financials

Here’s how the company has performed in recent years:

🧾 Key Figures

• As of Dec 31, 2024:

  • Total Assets: ₹117.00 Cr

  • Revenue: ₹620.16 Cr

  • Profit After Tax (PAT): ₹19.47 Cr

  • Net Worth: ₹61.23 Cr

• FY 2023-24:

  • Revenue: ₹675.97 Cr

  • PAT: ₹20.82 Cr

• FY 2022-23:

  • Revenue: ₹709.31 Cr

  • PAT: ₹10.39 Cr

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🔍 Neptune Petrochemicals IPO GMP (Grey Market Premium)

As of May 27, 2025, the neptune petrochemicals IPO GMP is ₹0, meaning there's no premium in the grey market at the moment. The listing is expected at ₹122.

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🎯 Purpose of the IPO

Neptune plans to use the IPO funds for:

• Meeting working capital needs

• Buying new machinery and setting up infrastructure

• Purchasing office space

• General business purposes

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📈 Company Strengths

• Wide product range for construction and industrial use

• ISO certifications ensure quality and safety

• Export business in Nepal and Bhutan

• Solid experience in production planning and customer demand management

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⚠️ Risks to Watch

• 62% of revenue comes from top 10 customers—too much dependency

• Bitumen production has environmental concerns

• Manual systems may result in errors or delays

• No dividend issued in the past three years

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👥 Promoters & Management

• Mr. Pareshkumar Subodhchandra Shah

• Mrs. Riddhi Pareshkumar Shah

• Mr. Sanjaykumar Subodhchandra Shah

Pre-Issue Promoter Holding: 100%

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🔢 IPO Reservation Details

• QIB (Institutional Buyers): 50%

• Retail Investors: 35%

• Non-Institutional Investors: 15%

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🙋‍♂️ FAQs

📌 What is the Neptune Petrochemicals IPO date?

It opens on May 28 and closes on May 30, 2025.

📌 What is the Neptune Petrochemicals IPO price today?

The price is between ₹115 and ₹122 per share.

📌 Is there any GMP for this IPO?

Currently, Neptune Petrochemicals IPO GMP is ₹0 as of May 27, 2025.

📌 Where will the shares be listed?

They will be listed on the NSE SME platform.

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📝 Final Thoughts

The Neptune Petrochemicals IPO looks interesting for investors looking to invest in the SME segment. With a solid customer base, certified plants, and international reach, it seems to have strong growth potential.

But remember, every investment carries risk. Check the Neptune Petrochemicals IPO price today, review the GMP, and always consult with a financial expert before applying.

Stay informed. Invest smart.