Neptune Petrochemicals Limited IPO

Neptune Petrochemicals Limited IPO

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹115 - ₹122

Total Issue

₹73.20 Cr

Bid Dates

28 May - 30 May

Subscription

4.19x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Lot Info

Lot Information for Neptune Petrochemicals IPO
Category Lots Shares Amount
Individual (Min) 2 2,000 ₹2,44,000
Individual (Max) 2 2,000 ₹2,44,000
S-HNI (Min) 3 3,000 ₹3,66,000
S-HNI (Max) 8 8,000 ₹9,76,000
B-HNI (Min) 9 9,000 ₹10,98,000
Market Maker
3,01,000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹73.20 Cr
Fresh Issue
₹73.20 Cr (0.60 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of Issue

  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

Grey Market Premium

GMP ₹0
Est. Price ₹122
Est. Gain 0.00%

Neptune Petrochemicals IPO Peer Comparison

(Rs. in crores)

Neptune Petrochemicals IPO Peer Comparison Table
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

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Neptune Petrochemicals IPO
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

KPIs

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.

Shareholding

Promoter

94.30%

Public

5.70%

Mr. Pareshkumar Subodhchandra Shah 45.97%
Mrs. Riddhi Pareshkumar Shah 43.71%
Mr. Sanjaykumar Subodhchandra Shah 2.04%
Other Promoter 2.58%

Management

Mr. Pareshkumar Subodhchandra Shah Chairman & MD
Mr. Sunil Kumar Sharma CFO

Registrar & Lead Managers

Registrar

MUFG Intime India

MUFG Intime India

Lead Managers (1)

Beeline Broking Beeline Broking

Subscription Status

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

Category Sub (x) Offered Bids
QIB 7.12x 11,40,000 81,16,000
NII 3.02x 28,50,000 85,96,000
Total 4.19x 39,90,000 1,67,12,000

Frequently Asked Questions

What is Neptune Petrochemicals IPO?
Neptune Petrochemicals IPO is a SME IPO having an issue size of ₹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.
When will Neptune Petrochemicals IPO open?
Neptune Petrochemicals IPO opens on 28 May 25 and closes on 30 May 25.
What is the GMP of Neptune Petrochemicals IPO?
The estimated Grey Market Premium of Neptune Petrochemicals IPO is ₹0 per share (0.00%).
What is the lot size of Neptune Petrochemicals IPO?
The minimum lot size of Neptune Petrochemicals IPO is 1000 shares & the minimum application amount is Rs. 122000.
When is the allotment of Neptune Petrochemicals IPO?
The allotment date of Neptune Petrochemicals IPO is 02 Jun 25.
What is the listing date of Neptune Petrochemicals IPO?
The listing date of Neptune Petrochemicals IPO is 04 Jun 25.
What is the subscription of Neptune Petrochemicals IPO?
Neptune Petrochemicals IPO is subscribed 4.19 times.
What is the price band of Neptune Petrochemicals IPO?
Neptune Petrochemicals IPO is priced at ₹115 - ₹122 per share.
How to check allotment status of Neptune Petrochemicals IPO?
Click the allotment link on Neptune Petrochemicals IPO page of IPO360.
How to apply Neptune Petrochemicals 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 Neptune Petrochemicals 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 Neptune Petrochemicals IPO using ASBA?
  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