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Neptune Petrochemicals IPO

  • Status: Closed
  • RHP:
  • ₹ 115,000 / 1000 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    04 Jun 2025

  • Listing Price

    ₹ 132.75

  • Listing Change

    8.81%

  • Last Traded Price

    ₹ 142.75

IPO Details

  • Open Date

    28 May 2025

  • Close Date

    30 May 2025

  • Listing Date

    04 Jun 2025

  • IPO Price Range

    ₹ 115 to ₹122

  • IPO Size

    ₹ 73.20 Cr

  • Listing Exchange

    NSE SME

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IPO Timeline

Neptune Petrochemicals IPO Subscription Status

Last Updated: 05 June 2025 1:34 PM by 5paisa

Neptune Petrochemicals Limited is launching an IPO worth ₹73.20 crores, with a price band of ₹115 to ₹122 per share. The company manufactures and trades a variety of bitumen products, including polymer- and crumb-rubber-modified bitumen. It operates three units in Gujarat, Haryana, and Assam, serving construction and industrial sectors. Neptune exports to Nepal and Bhutan, holds ISO and OHSAS certifications, and ensures quality through reliable sourcing.

Established in: 2021
Managing Director: Mr. Pareshkumar Subodhchandra Shah

Peers

Agarwal Industrial Corporation Ltd
Nexxus Petro Industries Limited
 

Objectives

1. Capital expenditure for new plant, machinery, and infrastructure
2. Capital expenditure for office space acquisition
3. Working capital requirements
4. General corporate purposes
 

Neptune Petrochemicals IPO Size

Types Size
Total IPO Size ₹73.20 Cr.
Offer For Sale -
Fresh Issue ₹73.20 Cr.

 

Neptune Petrochemicals IPO Lot Size

Application Lots Shares Amount
Retail (Min) 2 2000 230,000
Retail (Max) 2 2000 230,000
HNI (Min) 3 3000 345,000

Neptune Petrochemicals IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 7.12 11,40,000 81,16,000 99.015
NII (HNI) 2.91 8,55,000 82,95,000 101.199
Retail 0.00 19,95,000 0 0
Total** 4.11 39,90,000 1,64,11,000 200.214

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY23 FY24
Revenue 82.16 709.31 675.97
EBITDA -0.08 12.97 20.27
PAT 0.68 10.39 20.82
Particulars (in Rs. Crores)] FY22 FY23 FY24
Total Assets 97.51 107.88 120.95
Share Capital 0.01 0.01 0.01
Total Borrowings 0.00 5.12 0.00
Particulars (in Rs. Crores FY22 FY23 FY24
Net Cash Generated From / (used in) operating activities 11.91 -6.89 16.14
Net Cash Generated From / (used in) investing activities - -0.78 -2.89
Net Cash Generated From / (used in) financing activities -0.03 4.59 -5.37
Net Increase (Decrease) In Cash And Cash Equivalents 11.87 8.80 16.68


Strengths

1.  Broad product range tailored to multiple sectors shows flexibility and meets varied customer needs effectively.
2. Efficient production capabilities ensure consistent product quality and operational cost-effectiveness across all facilities.
3. Strong footprint across India supports sustained revenue and brand presence in key construction markets.
4. Long-standing client relationships enhance retention and reflect a customer-first business approach.
 

Weaknesses

1. Profitability is sensitive to volatile crude oil prices impacting raw bitumen input costs.
2. Environmental compliance requirements could increase operational costs and affect public perception.
3. Disruptions in raw material supply chains may lead to production delays and higher costs.
4. Heavy reliance on specific technology increases risks if those systems become outdated or inefficient.
 

Opportunities

1. Diversifying into value-added bitumen products can open new revenue streams and boost margins.
2. Entering untapped domestic or international markets may increase market share and business scale.
3. Adopting advanced technologies may improve efficiency, reduce costs, and enhance product quality.
4. Developing eco-friendly products can position Neptune as a leader in sustainable infrastructure materials.
 

Threats

1. Economic slowdowns can reduce construction activity, weakening demand for core products.
2. Crude oil price swings may compress margins and disrupt pricing strategies.
3. Rising environmental regulation can result in compliance burdens and operational restructuring needs.
4. Increased competition may pressure pricing and reduce market share over time.
 

1. Revenue jumped from ₹82 Cr in FY22 to ₹676 Cr in FY24, showing strong business growth.
2. Profit after tax stood at ₹20.82 Cr in FY24, backed by an EBITDA of ₹20.27 Cr.
3. IPO funds will be used for plant expansion, new office space, and working capital needs.
4. Certified under ISO and OHSAS standards, ensuring consistent quality, safety, and regulatory compliance.
 

1. India's petrochemical sector is projected to reach $300 billion by 2025, indicating robust growth.
2. Government initiatives like 100% FDI and PCPIRs are attracting significant industry investments.
3. Rising demand in construction and infrastructure is boosting bitumen consumption across India.
4. Neptune's exports to Nepal and Bhutan position it advantageously in regional markets.
 

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FAQs

Neptune Petrochemicals IPO opens from 28 May 2025 to 30 May 2025.

The size of Neptune Petrochemicals IPO is ₹73.20 Cr.
 

The price of Neptune Petrochemicals IPO is fixed at ₹115 to ₹122  per share. 
 

To apply for Neptune Petrochemicals IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for the Neptune Petrochemicals  IPO.    
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Neptune Petrochemicals IPO is 2,000 shares and the investment required is ₹230,000.
 

The share allotment date of Neptune Petrochemicals IPO is 2 June 2025
 

The Neptune Petrochemicals IPO will likely be listed on 4 June 2025.
 

Beeline Capital Advisors Pvt Ltd is the book running lead manager for Neptune Petrochemicals IPO.

Neptune Petrochemicals plans to utilise the raised capital from the IPO for:

  • Capital expenditure for new plant, machinery, and infrastructure
  • Capital expenditure for office space acquisition
  • Working capital requirements
  • General corporate purposes