Bookbuilding IPO | ₹45 Cr | Listed at NSE SME | Tue, Dec 2, 2025 - Thu, Dec 4, 2025
Neochem Bio IPO is a book build issue of ₹44.97 crores. The issue is entirely a fresh issue of 0.46 crore shares of ₹44.97 crore.
Neochem Bio IPO bidding started from Dec 2, 2025 and ended on Dec 4, 2025. The allotment for Neochem Bio IPO was finalized on Dec 5, 2025. The shares got listed on NSE SME on Dec 9, 2025.
Neochem Bio IPO price band is set at ₹98 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,35,200 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,52,800.
Vivro Financial Services Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Rikhav Securities Ltd..
Refer to Neochem Bio IPO RHP for detailed Information.
IPO Open
Tue, Dec 2, 2025
IPO Close
Thu, Dec 4, 2025
Issue Price
₹98 per share
Market Cap (Pre-IPO)
₹167.78 Cr
| IPO Date | 2 to 4 Dec, 2025 |
| Listed on | Tue, Dec 9, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹93 to ₹98 |
| Issue Price | ₹98 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 45,88,800 shares (agg. up to ₹45 Cr) |
| Reserved for Market Maker | 2,32,800 shares Rikhav Securities Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 43,56,000 shares (agg. up to ₹43 Cr) |
| Net Offered to Public | 43,56,000 shares (agg. up to ₹43 Cr) |
| Share Holding Pre Issue | 1,25,31,953 shares |
| Share Holding Post Issue | 1,71,20,753 shares |
| NSE Symbol | NEOCHEM |
| ISIN | INE21UM01018 |
Neochem Bio IPO comprises a total issue size of 45,88,800 shares. The net offer to the public is 43,56,000 shares, after excluding 2,32,800 shares allotted on a firm basis. Of the Net offer 21,74,400 (49.92%) are allocated to QIB, 6,55,200 (15.04%) allocated to NII 15,26,400 (35.04%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 21,74,400 | 49.92% | 47.38% |
| − Anchor Investor Shares Offered | 13,03,200 | 28.40% | |
| − QIB (Ex. Anchor) Shares Offered | 8,71,200 | 18.99% | |
| NII (HNI) Shares Offered | 6,55,200 | 15.04% | 14.28% |
| − bNII > ₹10L | 4,36,800 | 9.52% | |
| − sNII < ₹10L | 2,18,400 | 4.76% | |
| Retail Shares Offered | 15,26,400 | 35.04% | 33.26% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,32,800 | 5.07% | |
| Total Shares Offered | 45,88,800 | 100.00% | 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 | ₹2,35,200 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,35,200 |
| S-HNI (Min) | 3 | 3,600 | ₹3,52,800 |
| S-HNI (Max) | 8 | 9,600 | ₹9,40,800 |
| B-HNI (Min) | 9 | 10,800 | ₹10,58,400 |
Neochem Bio IPO raises ₹12.77 crore from anchor investors. Neochem Bio IPO Anchor bid date is December 1, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Dec 1, 2025 |
| Shares Offered | 13,03,200 |
| Anchor Portion (₹ Cr.) | 12.77 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sun, Jan 4, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Thu, Mar 5, 2026 |
Incorporated in 2006, Neochem Bio Solutions Ltd. is engaged in the business of manufacturing of specialty performance chemicals.
The company products are essential and used in industries such as textile & garment washing, home & personal care (HPC), institutional and industrial cleaners, water treatment, paints and coatings, paper and pulp, construction, rubber and dyes and pigments.
The company offer a comprehensive range of textile and garment washing auxiliaries such as pre-treatment, dyeing, finishing, printing and coating applications across all fabric and garment substrates compatible with various processing machines.
The company has its manufacturing facility located at Saket Industrial Estate, Village Moraiya, Ta. Sanand, Dist-Ahmedabad, which has an installed capacity of 22,000 metric ton per annum (“MTPA”) with a total area of 6,763 square meters.
Competitve Strengths:
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 Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 96.49 | 78.89 | 64.06 | 50.60 |
| Total Income | 47.18 | 86.15 | 62.01 | 48.79 |
| Profit After Tax | 5.48 | 7.75 | 1.80 | 1.07 |
| EBITDA | 8.59 | 13.11 | 5.99 | 4.23 |
| NET Worth | 32.24 | 19.75 | 12.00 | 8.05 |
| Reserves and Surplus | 19.70 | 13.08 | 5.33 | 2.63 |
| Total Borrowing | 38.54 | 35.62 | 33.32 | 26.24 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the long-term working capital requirements of the Company | 23.90 |
| 2 | Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the Company | 10.00 |
| 3 | General Corporate Purposes | 6.44 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 48.82% |
| ROCE | 41.67% |
| Debt/Equity | 1.80 |
| RoNW | 48.82% |
| PAT Margin | 9.00% |
| EBITDA Margin | 15.58% |
| Price to Book Value | 5.80 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.18 | 6.41 |
| P/E (x) | 15.85 | 15.3 |
| Promoter Holding | 91.12% | 66.7% |
| Market Cap | ₹167.78 Cr. |
The Neochem Bio IPO is subscribed 15.52 times on December 4, 2025 6:19:59 PM (Day 3). The public issue subscribed 9.42 times in the individual investors category, 21.97 times in the QIB category, and 21.15 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 21.97 | 8,71,200 | 1,91,42,400 | 27 |
| NII* | 21.15 | 6,55,200 | 1,38,55,200 | 1,629 |
| bNII (bids above ₹10L) | 25.78 | 4,36,800 | 1,12,60,800 | |
| sNII (bids below ₹10L) | 11.88 | 2,18,400 | 25,94,400 | |
| Individual Investor | 9.42 | 15,26,400 | 1,43,76,000 | 5,990 |
| Total | 15.52 | 30,52,800 | 4,73,73,600 | 7,646 |
Total Application : 7,646
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to BRLM and commission (including selling commission, brokerage and underwriting commission) | 3.22 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Issue and bidding/uploading charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.01 |
| 3 | Fees payable to the Registrar to the Issue | 0.01 |
| 4 | Listing fees, SEBI filing fees, NSE processing fees and other regulatory expenses | 0.06 |
| 5 | Printing and stationery expenses | 0.02 |
| 6 | Advertising and marketing expenses | 0.29 |
| 7 | Fees payable to legal counsel | 0.12 |
| 8 | Miscellaneous (including brokerage and selling commission and bidding charges of members of the syndicate, marketing and selling expenses, fees payable to auditors, market maker, consultants, market research firms and other professional agencies, stamp duty charges and other miscellaneous expenses) | 0.92 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹98.00 |
| Open | ₹108.00 |
| Low | ₹102.60 |
| High | ₹113.40 |
| Last Trade | ₹111.80 |
Lead Manager Reports
Neochem Bio IPO is a SME IPO of 45,88,800 equity shares of the face value of ₹10 aggregating up to ₹45 Crores. The issue is priced at ₹98 per share. The minimum order quantity is 1200.
The IPO opens on Tue, Dec 2, 2025, and closes on Thu, Dec 4, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Neochem Bio IPO using UPI as a payment gateway. Zerodha customers can apply in Neochem Bio IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Neochem Bio IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Neochem Bio IPO opens on Tue, Dec 2, 2025 and closes on Thu, Dec 4, 2025.
Neochem Bio IPO lot size is 1200, and the minimum amount required for application is ₹2,35,200, with 2 lots being the minimum application size.
You can apply in Neochem Bio 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 Neochem Bio IPO will be done on Friday, December 5, 2025, and the allotted shares will be credited to your demat account by Mon, Dec 8, 2025. Check the Neochem Bio IPO allotment status.
The Neochem Bio IPO listing date is on Tue, Dec 9, 2025.
