Neptune Petrochemicals IPO Allotment Status: Check Latest GMP, Steps to Verify Status
The basis of allotment for Neptune Petrochemicals IPO will be finalised today, 2 June 2025. The bidding window was opened for three trading days from May 28, 2025, to May 30, 2025, during the IPO received 1,21,25,000 bids against 42,91,000 shares offered/reserved. The IPO is scheduled to list on June 4, 2025, on NSE SME.
Check Neptune Petrochemicals IPO Allotment Status Online On NSE
- Visit the NSE’s IPO allotment verification status page here
- Select “Equity & SME IPO bid details”
- In Select Symbol, select “NEPTUNE”
- Enter
- PAN No.
- Application No.
- Click “Submit.”
Check Neptune Petrochemicals IPO Allotment Status on MUFG Intime India Private Ltd (Registrar to the issue)
- Visit MUFG Intime’s application status page here.
- Under, Please select company, select “Neptune Petrochemicals Limited.”
- Enter any of the following details.
- PAN
- App. No.
- DP/Client ID
- Account No / IFSC
- Click “Submit.”
IPO Details
Neptune Petrochemicals IPO is a book-building issue of ₹73.20 crores, consisting entirely of a fresh issue of 60.00 lakh shares. The price band is set at ₹115 to ₹122 per share. Beeline Capital Advisors Pvt Ltd is the book-running lead manager, while MUFG Intime India Private Limited (Link Intime) is the registrar for the issue.
Use of Proceeds
The net proceeds from the fresh issue are intended to fund the following objectives:
- Installation of additional plant, machinery and related infrastructure
- Office space purchase
- Working capital requirements
- General corporate needs
Neptune Petrochemicals IPO - Overall Subscription Status
(May 30, 2025, end of the day)
|
Category |
Subscription (times) |
|
Qualified Institutional Investors (QIBs) |
7.12 |
|
Non-Institutional Investors |
2.91 |
|
Total |
4.11 |
Neptune Petrochemicals IPO GMP Details
As of 2 June 2025, Neptune Petrochemicals' IPO GMP stood at nil. The shares are expected to list at par with the issue price, i.e., ₹122.
|
Source: Business Standard Report dated 2 June, 2025 |
Neptune Petrochemicals Business Overview
Neptune Petrochemicals is engaged in the business of manufacturing and trading a comprehensive range of bitumen products, bitumen emulsions and allied products.
Their product portfolio includes various grades of bitumen, modified bitumen, like
Polymer Modified Bitumen, Crumb Rubber-based modified bitumen and oils, especially required for road construction and infrastructure industries.
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