Bookbuilding IPO | ₹31 Cr | Listed at NSE SME
Biopol Chemicals IPO is a book build issue of ₹31.26 crores. The issue is entirely a fresh issue of 0.29 crore shares of ₹31.26 crore.
Biopol Chemicals IPO bidding started from Feb 6, 2026 and ended on Feb 10, 2026. The allotment for Biopol Chemicals IPO was finalized on Feb 11, 2026. The shares got listed on NSE SME on Feb 13, 2026.
Biopol Chemicals IPO price band is set at ₹108 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,59,200 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,88,800.
Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Shreni Shares Ltd..
Refer to Biopol Chemicals IPO RHP for detailed Information.
IPO Open
Fri, Feb 6, 2026
IPO Close
Tue, Feb 10, 2026
Issue Price
₹108 per share
Market Cap (Pre-IPO)
₹116.70 Cr
| IPO Date | 6 to 10 Feb, 2026 |
| Listed on | Fri, Feb 13, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹102 to ₹108 |
| Issue Price | ₹108 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 28,94,400 shares (agg. up to ₹31 Cr) |
| Reserved for Market Maker | 1,51,200 shares Shreni Shares Ltd. (agg. up to ₹2 Cr) |
| Net Offered to Public | 27,43,200 shares (agg. up to ₹30 Cr) |
| Share Holding Pre Issue | 79,11,000 shares |
| Share Holding Post Issue | 1,08,05,400 shares |
| NSE Symbol | BIOPOL |
| ISIN | INE0XW001014 |
Biopol Chemicals IPO offers total 28,94,400 shares. Out of which 6,86,400 (23.71%) allocated to QIB, 10,94,400 (37.81%) allocated to NII 9,62,400 (33.25%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,51,200 (5.22%) |
| QIB Shares Offered | 6,86,400 (23.71%) |
| NII (HNI) Shares Offered | 10,94,400 (37.81%) |
| − bNII > ₹10L | 7,29,600 (25.21%) |
| − sNII < ₹10L | 3,64,800 (12.60%) |
| Retail Shares Offered | 9,62,400 (33.25%) |
| Total Shares Offered | 28,94,400 (100.00%) |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,59,200 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,59,200 |
| S-HNI (Min) | 3 | 3,600 | ₹3,88,800 |
| S-HNI (Max) | 7 | 8,400 | ₹9,07,200 |
| B-HNI (Min) | 8 | 9,600 | ₹10,36,800 |
Incorporated in 2023, Biopol Chemicals Limited is engaged in the manufacturing and distribution of specialty chemicals categorized into silicones, emulsifiers, biochemicals, and polyelectrolytes.
Its product portfolio comprises 66 products, including 40 silicone-based products, 5 emulsifier-based products, 15 biochemical products, and 6 polyelectrolyte products. These products find applications across multiple industries, including textiles, home care, agriculture, and industrial chemicals.
The company operates on a business-to-business (B2B) model, catering to institutional clients rather than retail end-users
The ompany have 4 (four) establishments located in Gujarat and West Bengal, comprising their manufacturing unit, corporate office and warehouse in West Bengal; and their registered office in Gujarat. The manufacturing unit has an installed capacity of 18,25,000 litres per annum of the products.
Product Portfolio:
As on December 31, 2025, the company had 24 employees.
Competitive Strengths:
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 48.88 | 31.48 | 17.56 |
| Total Income | 48.97 | 49.15 | 17.43 |
| Profit After Tax | 6.00 | 4.33 | 2.96 |
| EBITDA | 8.99 | 6.53 | 4.43 |
| NET Worth | 19.54 | 13.53 | 9.20 |
| Reserves and Surplus | 11.63 | 5.62 | 1.29 |
| Total Borrowing | 14.92 | 7.69 | 3.58 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisition of industrial land | 12.26 |
| 2 | Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks, financial institutions and non-banking financial companies | 11.10 |
| 3 | General Corporate Purposes | 4.04 |
| Total | 27.41 |
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 36.32% | 38.10% |
| ROCE | 26.32% | 30.57% |
| Debt/Equity | 0.76 | 0.57 |
| RoNW | 30.74% | 32.00% |
| PAT Margin | 12.29% | 8.84% |
| EBITDA Margin | 18.41% | 13.30% |
| Price to Book Value | 4.37 | 6.31 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 5.47 | 7.41 |
| P/E (x) | 19.73 | 14.58 |
| Promoter Holding | 89.88% | 65.81% |
| Market Cap | ₹116.70 Cr. |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager fees including underwriting commission | 2.39 |
| 2 | Brokerage, selling, commission and upload fees | 0.01 |
| 3 | Registrar to the Issue | 0.02 |
| 4 | Legal Advisors | 0.02 |
| 5 | Advertising and Marketing expenses | 0.04 |
| 6 | Regulators including stock exchanges | 0.04 |
| 7 | Printing and distribution of issue stationery | 0.01 |
| 8 | Others, if any (market making, depositories, marketing fees, secretarial, peer review etc.) | 1.33 |
| Total | 3.85 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹108.00 |
| Open | ₹111.00 |
| Low | ₹105.45 |
| High | ₹111.00 |
| Last Trade | ₹105.50 |
Lead Manager Reports
Biopol Chemicals IPO is a SME IPO of 28,94,400 equity shares of the face value of ₹10 aggregating up to ₹31 Crores. The issue is priced at ₹108 per share. The minimum order quantity is 1200.
The IPO opens on Fri, Feb 6, 2026, and closes on Tue, Feb 10, 2026.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Biopol Chemicals IPO using UPI as a payment gateway. Zerodha customers can apply in Biopol Chemicals IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Biopol Chemicals IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Biopol Chemicals IPO opens on Fri, Feb 6, 2026 and closes on Tue, Feb 10, 2026.
Biopol Chemicals IPO lot size is 1200, and the minimum amount required for application is ₹2,59,200, with 2 lots being the minimum application size.
You can apply in Biopol Chemicals IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Biopol Chemicals IPO will be done on Wednesday, February 11, 2026, and the allotted shares will be credited to your demat account by Thu, Feb 12, 2026. Check the Biopol Chemicals IPO allotment status.
The Biopol Chemicals IPO listing date is on Fri, Feb 13, 2026.
