Neochem Bio Solutions Limited IPO
Neochem Bio Solutions Limited IPO
SME NSE SME 100% Book Built Offer
Closed

Price Band

₹93 - ₹98

Total Issue

₹45 Cr

Bid Dates

02 Dec - 04 Dec

Subscription

15.59x

Est. GMP

₹2 (2.04%)

Website RHP Check Allotment

Valuation

Market Cap

₹167.78 Cr

P/E Ratio

14.76x

P/B Ratio

5.80x

Neochem IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Neochme is a specialty performance chemical manufacturer with a legacy of over four decades, offering a diverse portfolio of more than 350 customized formulations across four key segments: Polymers, Surfactants, Silicones, and Esters & bio-based sustainable solutions. Its products play a critical role in industries such as textile and garment washing, home and personal care, institutional and industrial cleaners, water treatment, paints and coatings, paper and pulp, construction, rubber, and dyes and pigments. The company holds ISO 9001:2015, ISO 14001, and ISO 45001 accreditations, along with ZDHC Level 3 and GOTS 7.0 product certifications.

Neochem IPO Lot Size

Lot Information for Neochem IPO
Category Lots Shares Amount
Ind (Min) 2 2,400 ₹2,35,200
Ind (Max) 2 2,400 ₹2,35,200
S-HNI (Min) 3 3,600 ₹3,52,800
S-HNI (Max) 8 9,600 ₹9,40,800
B-HNI (Min) 9 10,800 ₹10,58,400
Allocate Funds
Market Maker
232800 Eq. Shares
Employee
₹0.00
Shareholder
₹0.00

Neochem IPO Size

Total ₹44.97 Cr
Fresh Issue
₹45 Cr (0.46 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. Funding the long-term working capital requirements of the Company
  2. Repayment/prepayment of all or certain outstanding borrowings availed by the Company
  3. General Corporate Purposes

Neochem IPO IPO Live Subscription

Updated as on 04-Dec-2025 19:01:42 hrs

Category Sub (x) Offered Bids
QIB 21.97x 8,71,200 1,91,42,400
NII 21.15x 6,55,200 1,38,55,200
bHNI 25.78x 4,36,800 1,12,60,800
sHNI 11.88x 2,18,400 25,94,400
Individual Investor 9.42x 15,26,400 1,43,76,000
Total 15.52x 30,52,800 4,73,73,600

Neochem IPO IPO Details Live GMP

GMP ₹2
Est. Price ₹100
Est. Gain 2.04%

Neochem IPO Peer Comparison

(Rs. in crores)

Neochem IPO Peer Comparison Table
Particulars Neochem Bio Rossari Biotech Indian Emulsifiers
Revenue from Ops (in Crs.) 84.17 2,080.29 101.23
PAT (In Crs.) 7.75 136.38 13.30
EPS - Basic 4.52 24.66 11.40
NAV per share 25.72 226.05 75.54
RONW 21.10% 5.78% 11.78%
EBITDA 15.58% 12.76% 19.11%
PAT Margin 9% 6.54% 12.96%
Price to earning (PE) 14.76 26.00 8.83
Debt to Equity 1.80 0.17 0.46

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of October 31, 2025 for Peers

Neochem IPO IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Neochem IPO
Particulars Sep-25 Mar-25 Mar-24 Mar-23
Revenue from Operations 47.18 86.15 62.01 48.79
Profit after Tax 5.48 7.75 1.80 1.07
Net Worth 32.24 19.75 12.00 8.05
Total Borrowing 38.54 35.62 33.32 26.24
Total Assets 96.49 78.89 64.06 50.60
NAV per share (in ₹) 25.72 16.91 10.27 8.48
EPS - Basic (in ₹) 4.52 6.64 1.89 2.03

Key Performance Indicators (KPIs)

EBITDA

15.58%

PAT

9.00%

ROE

48.82%

ROCE

41.67%

Debt to Equity

1.80

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

91.11%

Public

8.89%

Swapnil Makati 74.54%
Hemangini Dathia 8.62%
Meenaben Dathia 7.95%

Management

Dinesh Chopra Chairman
Swapnil Makati MD
Pradip Solanki CFO

Registrar & Lead Managers

Lead Managers (1)

Company Details

Name: Neochem Bio Solutions Limited

Address: 303, W1, Opp. Vikramnagar Colony, Off. Iscon Ambli Road, Ahmedabad - 380058, Daskroi, Gujarat, India

Number: +91 079 35217792

Email: compliance@neochem.in

Website: www.neochem.in

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Frequently Asked Questions (FAQs)

What is Neochem IPO?
Neochem IPO is a SME IPO having an issue size of ₹45 Crs. Neochem IPO is priced at ₹93 - ₹98 per share. The issue opens on 02 Dec 25 and closes on 04 Dec 25.
When will Neochem IPO open?
Neochem IPO opens on 02 Dec 25 and closes on 04 Dec 25.
What is the GMP of Neochem IPO?
The estimated Grey Market Premium of Neochem IPO is ₹2 per share (2.04%).
What is the lot size of Neochem IPO?
The minimum lot size of Neochem IPO is 1200 shares & the minimum application amount is Rs. 117600.
When is the allotment of Neochem IPO?
The allotment date of Neochem IPO is 05 Dec 25.
What is the listing date of Neochem IPO?
The listing date of Neochem IPO is 09 Dec 25.
What is the subscription of Neochem IPO?
Neochem IPO is subscribed 15.59 times.
What is the price band of Neochem IPO?
Neochem IPO is priced at ₹93 - ₹98 per share.
How to check allotment status of Neochem IPO?
Click the allotment link on Neochem IPO page of IPO360.
How to apply Neochem IPO in Zerodha?
  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
  5. Approve the UPI Mandate on your UPI app
How to apply Neochem IPO in Groww?
  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
How to apply Neochem IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Neochem 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