Neptune Petrochemicals IPO - Details
Neptune Petrochemicals Limited is launching its Initial Public Offering (IPO) with an opening date of May 28, 2025, and a closing date of May 30, 2025. The IPO is being offered through the Book Build Issue route, aiming to raise approximately ₹73.20 crores. This amount includes a fresh issue of ₹73.20 crores, while the details of the offer for sale component are yet to be specified. Each equity share carries a face value of ₹10.
The price band for the Neptune Petrochemicals IPO has been set between ₹115 and ₹122 per share. The allocation of shares is divided among different investor categories, with 50% reserved for Qualified Institutional Buyers (QIB), 15% for High Net-Worth Individuals (HNI), and 35% for retail investors. The IPO is scheduled to be listed on the National Stock Exchange (NSE) on June 4, 2025, with the allotment date set for June 2, 2025.
Financially, Neptune Petrochemicals reported revenue of ₹675.97 crores in the fiscal year 2024, a slight decline from ₹709.31 crores in 2023. However, the company demonstrated significant growth in profitability, with net profit rising to ₹20.82 crores in 2024 from ₹10.39 crores in the previous year. Given the company’s strong fundamentals and growth in profitability, investors may consider applying for the IPO with a long-term investment perspective.
Neptune Petrochemicals IPO Market Lot
The Neptune Petrochemicals IPO minimum market lot is 1000 shares with ₹1,22,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2000 | ₹2,44,000 |
| Retail Maximum | 2 | 2000 | ₹2,44,000 |
| S-HNI Minimum | 3 | 3000 | ₹3,66,000 |
Neptune Petrochemicals IPO Details
IPO Open Date: | May 28, 2025 |
IPO Close Date: | May 30, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹115 to ₹122 Per Share |
Issue Size: | Approx ₹73.20 Crores |
Fresh Issue: | Approx ₹73.20 Crores |
Issue Type: | Book Build Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Neptune Petrochemicals IPO Valuation – FY2024 (KPI)
Check Neptune Petrochemicals IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 96.85% |
ROCE: | 117.86% |
EBITDA Margin: | 3.04% |
PAT Margin: | 3.12% |
Debt to equity ratio: | NA |
Earning Per Share (EPS): | ₹13.87 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 65.25% |
Net Asset Value (NAV): | ₹19.16 |
Neptune Petrochemicals IPO Company Financial Report
The company reported revenue of ₹675.97 crores in 2024 against ₹709.31 crore in 2023. The company reported profit of ₹20.82 crores in 2024 against profit of ₹10.39 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹82.16 | ₹81.24.2 | ₹0.68 | ₹97.51 |
2023 | ₹709.31 | ₹695.37 | ₹10.39 | ₹107.88 |
2024 | ₹675.97 | ₹647.71 | ₹20.82 | ₹120.95 |
December2024 | ₹620.16 | ₹594.08 | ₹19.47 | ₹117.00 |
Neptune Petrochemicals IPO Dates
The Neptune Petrochemicals IPO date is May 28 and the close date is May 30. The Neptune Petrochemicals IPO allotment will be finalized on June 2 and the IPO listing on June 4.
IPO Open Date: | May 28, 2025 |
IPO Close Date: | May 30, 2025 |
Basis of Allotment: | June 2, 2025 |
Refunds: | June 3, 2025 |
Credit to Demat Account: | June 3, 2025 |
IPO Listing Date: | June 4, 2025 |
Promoters of Neptune Petrochemicals IPO
The promoters of the company are Mr. Pareshkumar Subodhchandra Shah, Mrs. Riddhi Pareshkumar Shah and Mr. Sanjaykumar Subodhchandra Shah.
About Neptune Petrochemicals IPO
Neptune Petrochemicals is engaged in the manufacturing and trading of a wide range of bitumen products, including bitumen emulsions, micro-surfacing emulsions, and other related materials. The company’s product portfolio features various grades of bitumen along with specialized types such as polymer-modified and crumb rubber-modified bitumen. Primarily serving the construction and infrastructure industries, Neptune Petrochemicals plays a key role in supporting road and highway development projects. The company operates a blending unit located in Sanand, Ahmedabad, which contributes to its production capabilities. In addition to its presence in the Indian market, Neptune also conducts business internationally, with exports to Nepal and Bhutan. During the fiscal year 2024, the company achieved domestic sales totaling ₹658.48 crores and generated ₹9.32 crores from its export operations. As of March 31, 2025, Neptune Petrochemicals employed a total of 68 individuals.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Agarwal Industrial Corporation Ltd | 73.02 | 13.85 | 21.37 | 341.64 | 2125.30 Cr. |
Nexxus Petro Industries Limited | 8.99 | 22.94 | 40.36 | 12.42 | 237.78 Cr. |
Objects of the IPO
To finance capital expenditure for the installation of additional plant, machinery, and supporting infrastructure
To fund the purchase of office space as part of capital expenditure
To meet working capital requirements
To cover general corporate purposes
Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Company Address
Neptune Petrochemicals Limited
Block-B, Office No. 606
Mondeal Heights Nr.
Panchratna Party Plot, S. G. Highway,
Phone: +91-79 49000599
Email: info@neptunepetrochemicals.com
Website: https://neptunepetrochemicals.com/
Check Grey market premium at below
(GMP)
Neptune Petrochemicals IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: neptunepetrochemicals.smeipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html