Neptune Petrochemicals Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,849,000 (47%) | — | ₹3,476 Cr |
| NII (HNI) | — | 855,000 (14%) | — | ₹1,043 Cr |
| Retail | — | 1,996,000 (33%) | — | ₹2,435 Cr |
| Market Maker | — | 300,000 (5%) | — | ₹37 Cr |
| Σ Total | — | 6,000,000 (100%) | — | ₹73,200 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹122,000 |
| Retail (Max) | 13 | 13,000 | ₹1,586,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,708,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,174,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 620 | 676 | 709 |
| Profit After Tax | 19 | 21 | 10 |
| Net Worth | 61 | 32 | 11 |
| Total Assets | 117 | 121 | 108 |
| Reserves & Surplus | 45 | 32 | 11 |
| Total Borrowing | 0 | 0 | 5 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding capital expenditure requirement towards installation of additional plant and machinery and related infrastructure – 5.15
- Funding the capital expenditure for purchase of office space – 14.75
- Funding Working Capital Requirement – 42.00
- General Corporate Expenses – 9.40
Company Overview
Incorporated in October 2021, Neptune Petrochemicals Limited manufactures and trades a range of bitumen products and emulsions.
The company's product portfolio encompasses various grades of bitumen, including polymer-modified bitumen and crumb-rubber-modified bitumen.
The company serves diverse industries, particularly construction and industrial applications.
The company has three manufacturing units, Unit I is situated in Ahmedabad, Gujarat, Unit II in Panipat, Haryana,and Unit III in Kamrup, Assam.
The company also trades bitumen and fuel oils, sourcing from reputable suppliers to ensure quality and meet customer needs.
The company holds 2015 certifications in Quality Management (ISO), Environmental Management (ISO), and Occupational Health & Safety (OHSAS 2018).
Neptune meets global standards and follows essential procedures to produce high-quality, innovative product operations.
The company exports its products to Nepal and Bhutan, and it sells in India.
As of December 31, 2024 the Company had 59 employees on its payroll.
Competitive Strength:
- Products tailored for construction, roads, and various industries.
- The company understands market trends, customer needs, and regulations.
- Focused Market Segmentation.
- Effective Production Planning.
- Ability to Serve Peak Demand.
- Quality products ensure customer satisfaction and foster long-term relationships.