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Biopol Chemicals IPO
22.29xsubscribed

Biopol Chemicals IPO

Chemicals
listed
₹2.45LMin. investment

Biopol Chemicals Limited IPO Details

SectorChemicals
Price range₹102 – ₹108
IPO type
SME
Lot size1200 shares
Issue size₹31Cr
Draft Red Herring Prospectus
Read
Market cap
₹116.7CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹49.13CrLower than sector avg
Growth rate3Y CAGR
38.88%

Biopol Chemicals IPO Subscription Status

Date
QIB
NII
Retail
Total
06-Feb-26
0.0 times (X)
0.16 times (X)
0.19 times (X)
0.13 times (X)
09-Feb-26
4.0X
0.93X
1.01X
1.73X
10-Feb-26
21.05X
24.6X
20.54X
22.29X

As on 06-Feb-26, 5:30 PM

Biopol Chemicals IPO Timeline

  1. Pre-apply
    4 Feb 2026
  2. Bid start
    6 Feb 2026
  3. Bid end
    10 Feb 2026
  4. Allotment
    11 Feb 2026
  5. Release of funds
    12 Feb 2026
  6. Demat transfer
    12 Feb 2026
  7. Listing
    13 Feb 2026

About Biopol Chemicals Limited

Established in 2023, Biopol Chemicals is engaged in the business of trading, manufacturing, and distribution of speciality chemicals across different categories like silicones, emulsifiers, biochemicals, and polyelectrolytes. The company has a B2B model, and its main customers include institutional clients from the sectors of textiles, homecare, agriculture, and industrial chemicals. The company has a product range of 66 items (40 silicone-based, 5 emulsifier-based, 15 biochemical, and 6 polyelectrolyte products) and also offers technical consulting services to the customers.
The company runs a manufacturing unit in Kolkata (West Bengal) with an installed capacity of 18.25 lakh litres per year. The unit had a 93.59% capacity utilisation in FY25 as it produced 17.08 lakh litres. On February 23, 2024, the company installed a new reactor vessel with a capacity of 7.30 lakh litres. West Bengal and Gujarat remain its main markets, significantly contributing to a high percentage (87.86%) of the company's total revenues in 9MFY26.
The chemicals used in textiles constitute the biggest segment at 62.71% (9MFY26), followed by home care at 18.78%, industrial chemicals at 15.46%, and agriculture at 3.04%. The company's operations are 67.27% manufacturing and 32.73% trading by value in 9MFY26. As of 16th January 2026, the company has confirmed orders worth ₹13.30 crore, with the orders having a lead time of 1 to 3 months. The customer base expanded from 85 customers in FY23 to 159 in FY25, with repeated customers contributing 89.55% of revenues in 9MFY26.

Checklist

Quality analysis
Revenue growth
Company valuation
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Debt to Equity ratio
Promoter holdings
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Objectives of Biopol Chemicals Limited IPO

Capital expenditure
39.55%
The company will use ₹12.26 crore for the acquisition of land for industrial use.
Repayment of borrowings
35.81%
The company will use ₹11.10 crore for repayment of borrowings availed by it.
General corporate purposes
24.64%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹49.13Cr38.88%₹4.33Cr₹116.7Cr19.740.76
This sector (avg.)₹778.53Cr0%₹63.39Cr₹4,831.31Cr115.610.47
₹13,140.31Cr---₹2,096.17Cr₹1,45,645.1Cr65.540.05
₹7,540.26Cr---₹1,287.93Cr₹1,21,980.6Cr92.360.22
₹14,693.07Cr---₹1,250.78Cr₹83,482.13Cr46.920.37

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Biopol Chemicals IPO Contact Details

Company NameBiopol Chemicals Limited

How to apply for Biopol Chemicals IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Biopol Chemicals Limited IPO FAQs