Neochem Bio Solutions Limited IPO
Neochem Bio Solutions Limited IPO
Price Band
₹93 - ₹98
Total Issue
₹44.97 Cr
Bid Dates
02 Dec - 04 Dec
Subscription
10.93x
Est. GMP
₹2 (2.04%)
Tentative Timetable
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.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 2 | 2,400 | ₹2,35,200 |
| Individual (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 |
Issue Size
Objects of Issue
- Funding the long-term working capital requirements of the Company
- Repayment/prepayment of all or certain outstanding borrowings availed by the Company
- General Corporate Purposes
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 08 Dec | ₹2 (2%) | ₹100 |
| 07 Dec | ₹10 (10.2%) | ₹108 |
| 06 Dec | ₹10 (10.2%) | ₹108 |
| 05 Dec | ₹6 (6.1%) | ₹104 |
| 04 Dec | ₹6 (6.1%) | ₹104 |
| 03 Dec | ₹4 (4.1%) | ₹102 |
| 02 Dec | ₹5 (5.1%) | ₹103 |
| 01 Dec | ₹9 (9.2%) | ₹107 |
| 30 Nov | ₹9 (9.2%) | ₹107 |
| 29 Nov | ₹9 (9.2%) | ₹107 |
| 28 Nov | ₹6 (6.1%) | ₹104 |
| 27 Nov | ₹6 (6.1%) | ₹104 |
| 26 Nov | ₹10 (10.2%) | ₹108 |
| 25 Nov | ₹0 (0%) | ₹98 |
Neochem IPO Peer Comparison
(Rs. in crores)
| 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
Financial Performance
(Rs. in crores)
| 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 |
KPIs
EBITDA
15.58%
PAT
9.00%
ROE
48.82%
ROCE
41.67%
Debt to Equity
1.80
PE Ratio
14.76
PB Ratio
5.80
Mkt Cap (in Crs.)
167.78
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shareholding
Promoter
91.11%
Public
8.89%
Management
Subscription Status
Updated as on 04-Dec-2025 19:01:42 hrs
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 8.80x | 21,74,400 | 1,91,42,400 |
| NII | 21.50x | 6,55,200 | 1,40,88,000 |
| bHNI | 26.31x | 4,36,800 | 1,14,93,600 |
| sHNI | 11.88x | 2,18,400 | 25,94,400 |
| Individual Investor | 9.42x | 15,26,400 | 1,43,76,000 |
| Total | 10.93x | 43,56,000 | 4,76,06,400 |
Frequently Asked Questions
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How to apply Neochem IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Neochem IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Neochem IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Neochem IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date