Neptune Petrochemicals IPO Details
Neptune Petrochemicals IPO Details, GMP, Date, Subscription, Allotment
Neptune Petrochemicals IPO is a Book Building issue of ₹73.20 Crore, offering about 60 Lakh to the public.
This IPO is a complete Fresh Issue of 60 Lakh shares worth ₹73.20 Crore.
Neptune Petrochemicals IPO was subscribed 4.11 times during bidding from 28 May 2025 to 30 May 2025. Allotment was finalized on 2 Jun 2025, and the shares listed on NSE EMERGE on 4 Jun 2025.
Price band for Neptune Petrochemicals IPO is ₹115 to ₹122 per equity share. One lot consists of 1000 shares. Minimum investment for retail investors is ₹115000. It is recommended to apply at the cutoff price of ₹122 to improve allotment chances.
Retail investors can apply for 1 lot (1000 shares) costing ₹122000. NIIs must invest ₹244000 for 2 lots (2000 shares). QIBs need ₹1098000 to apply for 9 lots (9000 shares).
50% for NIIs, 20% for QIBs, and 30% of shares were reserved for anchor investors and their bidding date is 27 May 2025.
Neptune Petrochemicals Limited reported revenue of ₹675.96 Crores in and ₹620.16 Crores in . It reported a Profit of ₹20.81 Crores in and a Profit of ₹10.39 Crores in after taxes.
MUFG Intime India Private Limited is the registrar of the Neptune Petrochemicals IPO. The book running lead manager is Beeline Capital Advisors Private Limited.
Neptune Petrochemicals Limited IPO (Neptune Petrochemicals IPO) Overview
| IPO Name | Neptune Petrochemicals Limited IPO |
| IPO Status | Listed on NSE at INR 132.75 (+8.81% Profit) |
| IPO Open Date | 28 May 2025 |
| IPO Close Date | 30 May 2025 |
| Face Value | ₹10 Per Equity Share |
| One Lot Size | 1000 Equity Shares |
| Total Issue | 60,00,000 Shares (worth up to ₹73.20 Crore Rs) |
| Fresh Issue | 60,00,000 Shares (worth up to ₹73.20 Crore Rs) |
| Issue Type | Book Building Issue |
| IPO Listing | NSE EMERGE |
| NII Portion | Up to 50% of Net Issue |
| Net QIB Portion | Up to 20% of Net Issue |
| Anchor Portion | Up to 30% of Net Issue |
| DRHP Draft Prospectus | View DRHP |
| RHP Draft Prospectus | View RHP |
| Anchor Investors List | View List |
Neptune Petrochemicals IPO Important Dates
The following table gives all important events and their timelines for Neptune Petrochemicals IPO.
| Anchor Investors Bid Date | 27 May 2025 |
| IPO Open Date | 28 May 2025 |
| IPO Close Date and Time | 30 May 2025 at 3:15 PM |
| Basis of Allotment | 2 Jun 2025 at 9:00 PM |
| Refunds | 3 Jun 2025 |
| Credit to DEMAT | 3 Jun 2025 |
| IPO Listing Date | 4 Jun 2025 |
Neptune Petrochemicals IPO Investor Reservation
Neptune Petrochemicals Limited issued a total 60 Lakh shares through this IPO. 28.5 Lakh (47.57%) shares for NIIs. 11.4 Lakh (19.00%) shares for QIBs. 17.09 Lakh (28.48%) shares for Anchor Investors. 3.01 Lakh (5.01%) shares for Market Makers.
| Investor | Shares Reserved | Reservation % |
|---|---|---|
| NII | 28,50,000 | 47.57% |
| QIB | 11,40,000 | 19.00% |
| Anchor Investors | 17,09,000 | 28.48% |
| Market Makers | 3,01,000 | 5.01% |
| Total | 60,00,000 | 100% |
Neptune Petrochemicals IPO Lot Amounts
Investors can send applications in lots of 1000 shares and in multiples thereof. The minimum amount of retail application of 1000 shares (1 lot) is ₹122000 and maximum application amount is ₹122000 for 1000 shares (1 lots). The following depicts the minimum and maximum by Retail, HNI and QIB investors in terms of shares, lots and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1000 | ₹122000 |
| Retail Maximum | 1 | 1000 | ₹122000 |
| SHNI Minimum | 2 | 2000 | ₹244000 |
| SHNI Maximum | 4 | 4000 | ₹488000 |
| BHNI Minimum | 5 | 5000 | ₹610000 |
| BHNI Maximum | 8 | 8000 | ₹976000 |
| QIB Minimum | 9 | 9000 | ₹1098000 |
About Neptune Petrochemicals Limited Company
Neptune Petrochemicals Limited is engaged in the manufacturing and trading of bitumen, bitumen emulsions, and related petroleum-based products. Its diverse product range includes various grades of bitumen, polymer-modified bitumen (PMB), crumb rubber modified bitumen (CRMB), and fuel oils, catering mainly to the road construction and infrastructure industries.
The company was initially established as a partnership firm in 2021, converting into a private limited company in October 2021 and later into a public limited company in July 2024. Neptune has emerged as a prominent player in India’s bitumen sector, and was the top importer of packed bitumen in the country in 2024 (Source: Rex Fuels).
Neptune operates multiple manufacturing units located in Gujarat, Haryana, and Assam, and maintains a dedicated storage facility in Ahmedabad. Its plants are equipped with automated bitumen decanters and a fully automated emulsion plant, enabling efficient production of high-quality materials used in road and industrial construction.
The company also trades in fuel oils and third-party sourced bitumen products to meet varied client requirements. It is ISO 9001:2015 (Quality), ISO 14001:2015 (Environment), and OHSAS 45001:2018 (Health & Safety) certified, maintaining global standards across operations.
With a strong distribution presence across India and exports to neighboring countries such as Nepal and Bhutan, Neptune is well-positioned to support growing infrastructure demands. The company focuses on market-specific product customization and has built lasting customer relationships through efficient supply chain management and consistent product quality.
Neptune Petrochemicals Limited Financial Report and Review
| Particulars | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | Review |
|---|---|---|---|---|---|
| Revenue | 620.16 | 675.96 | 709.30 | 82.16 | Growing |
| Profit | 19.46 | 20.81 | 10.39 | 0.68 | Growing |
| Expenses | 594.07 | 647.71 | 695.36 | 81.24 | Good |
| Assets | 117.00 | 120.95 | 107.88 | 975.00 | Growing |
| Networth | 61.22 | 31.89 | 11.08 | 0.69 | Growing |
| Borrowings | 0.16 | — | 5.11 | 7.93 | Good |
Amount ₹ in Crores if not stated separately
Neptune Petrochemicals Limited Key Performance Indicators
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 667.73 | 707.82 | 81.16 |
| Revenue from Operations % | 667.73 | 707.82 | 81.16 |
| ROE % | 96.85 | 176.47 | 197.11 |
| ROCE % | 117.86 | 170.40 | 265.48 |
| EBITDA | 20.27 | 12.96 | -0.07 |
| EBITDA Margin % | 3.04 | 1.83 | -0.10 |
| PAT Margin % | 3.12 | 1.47 | 0.84 |
| Debt to Equity Ratio | — | — | — |
| Earnings Per Share (in ₹) | 13.87 | 6.92 | 1.03 |
| Return on Networth % | 65.25 | 93.75 | 98.56 |
| Net Asset Value | 19.16 | 6.66 | 0.42 |
Neptune Petrochemicals Limited IPO Peer Group Comparison
| S.No | Company | Results Type | Face Value | EPS | PE | RoNW (%) | NAV | Revenue (₹ Cr) |
|---|---|---|---|---|---|---|---|---|
| 1 | Neptune Petrochemicals Limited | Standalone | 10.00 | 13.87 | [●] | 65.25 | 19.16 | 667.74 |
| 2 | Agarwal Industrial Corporation Ltd | Consolidated | 10.00 | 73.02 | 13.85 | 21.37 | 341.64 | 2125.30 |
| 3 | Nexxus Petro Industries Limited | Standalone | 10.00 | 8.99 | 22.94 | 40.36 | 12.42 | 237.78 |
Objects of the Neptune Petrochemicals IPO Offer
Neptune Petrochemicals Limited filed to raise ₹73.20 Crore Rs funds through Fresh Issue and is about to use the funds on the following objects:
| S. No | Particulars | Amount (₹ in Crores) |
|---|---|---|
| 1 | Funding capital expenditure requirement towards installation of additional plant and machinery and related infrastructure | 5.151 |
| 2 | Funding the capital expenditure for purchase of office space | 14.746 |
| 3 | Funding Working Capital Requirement | 42 |
| 4 | General Corporate Expenses | NA |
Amount ₹ in Crores if not stated separately
Neptune Petrochemicals Limited Office Address
Neptune Petrochemicals Limited
Block-B, Office No. 606, Mondeal Heights Nr.
Panchratna Party Plot, S. G. Highway, Ahmedabad,
Gujarat, India, 380015
Neptune Petrochemicals IPO Details FAQs
1. What is the Neptune Petrochemicals IPO ?
Neptune Petrochemicals IPO is a Book Building issue of ₹73.20 Crore, offering about 60 Lakh to the public.
2. What is the Neptune Petrochemicals IPO price band and face value per share?
Price band for Neptune Petrochemicals IPO is ₹115 to ₹122 per equity share. The face value of each share is ₹10 per equity share.
3. When will Neptune Petrochemicals IPO open date for subscription?
Neptune Petrochemicals IPO open date for subscription is 28 May 2025 and close date is 30 May 2025 at 3:15 PM.
4. What is the Neptune Petrochemicals IPO Investors reservation portions?
The Neptune Petrochemicals IPO has allocated % for Retail, 50% for NIIs, and 20% for QIBs. 30% of shares are reserved for Anchor Investors.
5. What is the issue size of the Neptune Petrochemicals IPO ?
This IPO is a complete Fresh Issue of 60 Lakh shares worth ₹73.20 Crore.
6. What is the lot size and the minimum investment for retail, NII, and QIB applicants of Neptune Petrochemicals IPO ?
In the Neptune Petrochemicals IPO , the minimum investment for Retail investors is 1 lot (1000 shares), totaling ₹122000. For NIIs, the investment is 2 lots (2000 shares), amounting to ₹244000. QIBs need ₹1098000 to subscribe to 9 lots (9000 shares) of the Neptune Petrochemicals IPO.
7. How to apply for the Neptune Petrochemicals IPO ?
One can apply for Neptune Petrochemicals IPO through the ASBA via bank account. If the application amount is below ₹5,00,000, they can apply via UPI through their stock brokers like Zerodha, Groww, Paytm Money etc.
8. What is Neptune Petrochemicals IPO Lot Size?
Neptune Petrochemicals IPO one lot size is 1000 equity shares.
9. What is the Neptune Petrochemicals IPO Allotment Date?
Neptune Petrochemicals IPO Allotment Date is 2 Jun 2025.
10. What is the Neptune Petrochemicals IPO Listing Date?
Neptune Petrochemicals IPO listing date is 4 Jun 2025.