JJ PV Solar IPO vs Neochem Bio IPO

Comparison between JJ PV Solar IPO and Neochem Bio IPO.

IPO Details

JJ PV Solar IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Neochem Bio IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of JJ PV Solar IPO is up to ₹0.00 Cr whereas the issue size of the Neochem Bio IPO is up to ₹42.69 Cr. The final issue price of JJ PV Solar IPO is and of Neochem Bio IPO is ₹98.00 per share.

 JJ PV Solar IPONeochem Bio IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹93.00 per share
Issue Price (Upper)₹98.00 per share
Issue Price (Final)₹98.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1200 shares
Fresh Issue Size65,00,000 shares43,56,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹42.69 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total65,00,000 shares43,56,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹42.69 Cr

IPO Timetable

JJ PV Solar IPO opens on , while Neochem Bio IPO opens on Dec 02, 2025. The closing date of JJ PV Solar IPO and Neochem Bio IPO is , and Dec 04, 2025, respectively.

Financials & KPIs

JJ PV Solar IPO P/E ratio is , as compared to Neochem Bio IPO P/E ratio of 15.85.

 JJ PV Solar IPONeochem Bio IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 2025
Assets75.98
Total Income212.10
Profit After Tax14.87
EBITDA21.84
NET Worth31.22
Reserves and Surplus13.72
Total Borrowing9.23
Amount in ₹ Crore

Company Financials (Restated)

Neochem Bio Solutions Ltd.'s revenue increased by 39% and profit after tax (PAT) rose by 330% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets96.4978.8964.0650.60
Total Income47.1886.1562.0148.79
Profit After Tax5.487.751.801.07
EBITDA8.5913.115.994.23
NET Worth32.2419.7512.008.05
Reserves and Surplus19.7013.085.332.63
Total Borrowing38.5435.6233.3226.24
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10091.12
Promoter Shareholding (Post-Issue)66.7
P/E Ratio15.85
Market Cap₹167.78 Cr.
ROE62.5548.82%
ROCE50.0841.67%
Debt/Equity0.301.80
EPS₹6.18
RoNW47.6348.82%

Shares Offered

In the JJ PV Solar IPO Retail Individual Investors (RII) are offered 0 shares while in Neochem Bio IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in JJ PV Solar IPO and 8,71,200 shares in Neochem Bio IPO.

 JJ PV Solar IPONeochem Bio IPO
Anchor Investor Reservation0 shares13,03,200 shares
Market Maker Reservation0 shares2,32,800 shares
QIB0 shares8,71,200 shares
NII0 shares6,55,200 shares
RII0 shares15,26,400 shares
Employee0 shares0 shares
Others
Total0 shares43,56,000 shares

Bids Received (Subscription)

JJ PV Solar IPO subscribed in total, whereas Neochem Bio IPO subscribed 15.52x.

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JJ PV Solar IPO Vs Neochem Bio IPO