Neochem Bio IPO Sees Exceptional Demand, Subscribed 15.52x on Day 3

Neochem Bio Solutions Limited's initial public offering (IPO) has demonstrated exceptional investor interest through its third day of subscription. The stock price band is set at ₹93-98 per share. The ₹44.97 crore IPO reached 15.52 times by 5:09:59 PM on day three. This indicates exceptional investor interest in this specialty performance chemicals manufacturer incorporated in 2006.
Neochem Bio IPO qualified institutional buyers segment leads with exceptional 21.97 times subscription. Non-institutional investors demonstrate exceptional participation at 21.15 times. Individual investors display strong interest at 9.42 times.

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Neochem Bio IPO subscription reached exceptional 15.52 times on day three. It was led by Qualified Institutional Buyers Ex-Anchor (21.97x), Non-Institutional Investors (21.15x), and Individual Investors (9.42x). Total applications reached 7,646.

Subscription Status of Neochem Bio IPO:

Here are the subscription details for Neochem Bio IPO as of Day 3 (December 4, 2025, 5:09:59 PM):

Key Highlights - Day 3:

• Overall subscription reached exceptional 15.52 times, showing extraordinary improvement from day two's 1.29 times
• Qualified institutional buyers (ex-anchor) displaying exceptional interest at 21.97 times, building dramatically from day two's 1.23 times, indicating very strong institutional appetite for this specialty performance chemicals manufacturer
• Individual investors displaying strong confidence at 9.42 times, building substantially from day two's 1.02 times, indicating robust retail demand for this SME IPO
• Total applications reached 7,646, showing strong investor participation for this SME IPO
• Cumulative bid amount reached ₹464.26 crores, significantly exceeding the net offer size of ₹42.69 crores (excluding anchor and market maker portions) by over 10.8 times

Neochem Bio IPO - Day 2 Subscription at 1.29 Times

Key Highlights - Day 2:

• Overall subscription reached moderate 1.29 times, showing modest improvement from day one's 0.77 times
• Non-institutional investors showing moderate performance at 2.00 times, building from day one's 1.10 times
• Qualified institutional buyers showing moderate participation at 1.23 times, marginally improving from day one's 1.00 times
• Individual investors displaying moderate confidence at 1.02 times, building substantially from day one's 0.50 times

Neochem Bio IPO - Day 1 Subscription at 0.77 Times

Key Highlights - Day 1:

• Overall subscription reached weak 0.77 times, showing cautious initial investor interest
• Non-institutional investors showing moderate performance at 1.10 times, indicating measured HNI appetite
• Qualified institutional buyers showing moderate participation at 1.00 times, indicating measured institutional interest
• Individual investors displaying weak confidence at 0.50 times, showing subdued retail sentiment

About Neochem Bio Solutions Limited

Incorporated in 2006, Neochem Bio Solutions Limited is engaged in the business of manufacturing specialty performance chemicals. The company's products are essential and used in industries such as textile and garment washing, home and personal care (HPC), institutional and industrial cleaners, water treatment, paints and coatings, paper and pulp, construction, rubber, and dyes and pigments. The company offers a comprehensive range of textile and garment washing auxiliaries such as pre-treatment, dyeing, finishing, printing, and coating applications across all fabric and garment substrates compatible with various processing machines.