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Neochem Bio Solutions IPO
15.53xsubscribed

Neochem Bio Solutions IPO

Chemicals
listed
₹2.23LMin. investment

Neochem Bio Solutions Limited IPO Details

SectorChemicals
Price range₹93.00 – ₹98.00
IPO type
SME
Lot size1200 shares
Issue size₹44Cr
Draft Red Herring Prospectus
Read
Market cap
₹167.78CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹84.17CrLower than sector avg
Growth rate3Y CAGR
32.17%

Neochem Bio Solutions IPO Subscription Status

Date
QIB
NII
Retail
Total
02-Dec-25
1.0 times (X)
1.1 times (X)
0.48 times (X)
0.76 times (X)
03-Dec-25
1.23X
2.36X
1.01X
1.36X
04-Dec-25
21.97X
21.48X
9.29X
15.53X

As on 02-Dec-25, 5:30 PM

Neochem Bio Solutions IPO Timeline

  1. Pre-apply
    28 Nov 2025
  2. Bid start
    2 Dec 2025
  3. Bid end
    4 Dec 2025
  4. Allotment
    5 Dec 2025
  5. Release of funds
    8 Dec 2025
  6. Demat transfer
    8 Dec 2025
  7. Listing
    9 Dec 2025

About Neochem Bio Solutions Limited

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).

Checklist

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Objectives of Neochem Bio Solutions Limited IPO

Working capital
53.10%
The company will use up to ₹23.90 crore to fund the long-term working capital requirements
General corporate purposes
24.60%
Part of the IPO proceeds will be used for general corporate purposes
Repayment of borrowings
22.20%
The company will use up to ₹10.00 crore towards repayment of certain borrowings

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹84.17Cr32.17%₹7.75Cr₹167.78Cr14.761.80
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.

Neochem Bio Solutions IPO Contact Details

Company NameNeochem Bio Solutions Limited

How to apply for Neochem Bio Solutions 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.

Neochem Bio Solutions Limited IPO FAQs