Neochem Bio Solutions IPO

Neochem Bio Solutions is a speciality performance chemical manufacturer offering over 350 customised formulations across four key segments: polymers, surfactants, silicones, and esters & biobased sustainable solutions. The company has a manufacturing facility at Ahmedabad with an installed capacity of 22,000 MTPA and a network of 50 pan-India authorised distributors. The company has sold its products to 228 customers as of September 30, 2025. Industry-wise, textile industry accounted for 77.03% of revenue, followed by HPCI 14.21%, paint & coatings 7.90% and Dyes 0.86%. Surfactants were the largest segment by revenue with 37.37% contribution, followed by polymers contributing 35.54%, esters 18.35% and silicones 8.73% as of September 30, 2025. Exports formed 5.70% of revenue, constituting countries such as Bangladesh, Singapore, Vietnam, etc while domestic sales was led by Gujarat (55.08% of revenue).