IPO Details
Bidding Dates
28 May 25 - 30 May 25
Lot Size
1000
Price Range ₹
115 - 122
Exchange Status
NSE
Total Equity
₹ 73.20Cr
IPO Doc
IPO Timeline
Offer start
28 May 2025
Offer end
30 May 2025
Allotment
02 Jun 2025
Refund initiation
03 Jun 2025
Demat transfer
03 Jun 2025
Listing
04 Jun 2025
Offer start
28 May 2025
Offer end
30 May 2025
Allotment
02 Jun 2025
Refund initiation
03 Jun 2025
Demat transfer
03 Jun 2025
Listing
04 Jun 2025
About Company
Incorporated in October 2021, **Neptune Petrochemicals Limited** manufactures and trades various bitumen products and emulsions, including polymer- and crumb-rubber-modified bitumen. Serving primarily the construction and industrial sectors, the company operates three manufacturing units in Ahmedabad, Panipat, and Kamrup. It also trades bitumen and fuel oils sourced from reliable suppliers. Certified in Quality, Environmental, and Occupational Health & Safety Management, Neptune ensures high operational standards. With exports to Nepal and Bhutan and sales across India, the company focuses on quality, market segmentation, and efficient production to meet customer demand. As of December 31, 2024, it had 59 employees.
Year Founded
21-10-2021
Promotor Details
Pareshkumar Subodhchandra Shah
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 94.3 | 0 |
| Share Capital | 15704950 | 0 |
Offer to Public
60,00,000.00 Cr
Project Details
- Funding the capital expenditure for purchase of office space - 147.458cr
- Funding Working Capital Requirement - 420cr
- Funding capital expenditure requirement towards installation of additional plant and machinery - 51.51cr
- Funding the capital expenditure for purchase of office space - 114.86cr
Objectives
- Funding capital expenditure requirement towards installation of additional plant and machineryFunding the capital expenditure for purchase of office spaceFunding Working Capital RequirementGeneral Corporate Purpose
Highlights
- Diverse product range tailored to multiple sectors ensures flexibility and customer satisfaction.
- Efficient production across all units maintains quality and cost-effectiveness.
- Strong nationwide presence supports consistent revenue and brand recognition.
- Long-term client relationships reflect trust and a customer-focused approach.
- Growth potential through value-added products, advanced technologies, and eco-friendly innovations.
Challenges
- Profit margins are vulnerable to crude oil price volatility.
- Environmental regulations may raise compliance costs and affect operations.
- Supply chain disruptions can delay production and increase costs.
- Heavy reliance on specific technologies poses operational risks.
- Market competition and economic slowdowns may impact demand and profitability.
