Neptune Petrochemicals IPO
Neptune Petrochemicals Ltd
₹1,15,000 /1000 sharesMinimum Investment
Neptune Petrochemicals IPO Listing Details
Listed On | Issue Price | Listing Price | Listing Gains |
---|
-- | ₹122.00 | ₹132.75 | ₹10.75 (8.81%) |
Neptune Petrochemicals IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
---|
28 May ‘25 - 30 May ‘25 | ₹1,15,000 | 1,000 | ₹115 - ₹122 |
Qualified Institutional Buyers | 7.12x |
Non-Institutional Investor | 10.05x |
Retail Individual Investor | 0.00x |
Total | 3.89x |
Neptune Petrochemicals Limited manufactures and trades bitumen products, bitumen emulsions, and allied products. Its product range includes various grades of bitumen, polymer-modified bitumen (PMB), crumb rubber-modified bitumen (CRMB), oils, and other bituminous products used mainly in road construction and industrial applications.
The company operates from its registered office in Ahmedabad, Gujarat. It has three manufacturing facilities in Gujarat, Haryana, and Assam and a storage unit in Sanand, Gujarat. It also has a presence in Nepal and Bhutan.
Neptune Petrochemicals is ISO 9001:2015 certified for quality management systems, ISO 14001:2015 certified for environmental management systems, and OHSAS 45001:2018 certified for occupational health and safety management systems.;
Managing director
Mr Pareshkumar Subodhchandra Shah
Parent organisation
Neptune Petrochemicals Ltd
Strengths & Financials of Neptune Petrochemicals
Neptune Petrochemicals offers a wide range of products, including various grades of bitumen, PMB, CRMB, and fuel oils. These products cater to sectors such as road construction, airport infrastructure, railways, power generation, and industrial applications, reducing dependence on a single market segment.
The company claims to have a fully automatic batch-type bitumen emulsion plant, which is designed to produce various grades of bitumen and emulsion.
Neptune claims to have built production capacities that can handle both regular and peak seasonal demands, especially for large infrastructure projects. This is particularly important in road construction, where bulk bitumen supply is time-sensitive.
The company claims to implement demand forecasting and supplier coordination to streamline raw material procurement and minimise production delays.
Neptune Petrochemicals is ISO 9001:2015 certified for quality management systems, ISO 14001:2015 certified for environmental management systems, and OHSAS 45001:2018 certified for occupational health and safety management systems.
The company has seen a consistent increase in profit after tax (PAT). PAT increased from Rs 0.68 crore in FY22 to Rs 10.39 crore in FY23 and Rs 20.81 crore in FY24.
Neptune Petrochemicals Financials
*All values are in Rs. Cr
Application Details of Neptune Petrochemicals IPO
Apply as | Price band | Apply upto |
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Regular | ₹115 - 122 | ₹2 Lakh |
High Networth Individual | ₹115 - 122 | ₹2 - 5 Lakh |
For Neptune Petrochemicals IPO, eligible investors can apply as Regular.