The Neochem Bio IPO minimum market lot is 2,400 shares with ₹2,35,200 application amount. The Neochem Bio IPO is a SME IPO, and it is to be listed on NSE SME.
Business Overview
Neochem Bio Solutions Ltd was incorporated in 2006, involved in the manufacturing of specialty performance chemicals with over 40 years of experience. The firm provides more than 350 customised chemical products across 4 categories: Polymers, Surfactants, Silicones, and Esters & bio-based solutions.
The company’s products are used in various industries such as textile and garment washing, home and personal care, industrial and institutional cleaning, water treatment, paints and coatings, paper and pulp, construction, rubber, and dyes and pigments. Moreover, Neochem also provides textile and garment auxiliaries, which are utilized for pre-treatment, dyeing, finishing, printing, and coating work in all types of fabrics and garments. Its manufacturing facility is located at Saket Industrial Estate, Moraiya, Sanand, Ahmedabad, with an installed capacity of 22,000 MTPA and covers an area of 6,763 square meters.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Neochem Bio IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 1.00 | 1.23 | 21.97 |
| NII | 0.41 | 2.00 | 21.15 |
| RII | 0.36 | 1.01 | 9.42 |
| Total | 0.55 | 1.29 | 15.52 |
Neochem Bio IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Neochem Bio IPO Review and Rating
- Neutral
Neochem Bio IPO Form
How to apply for the Neochem Bio IPO? You can apply for Neochem Bio IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Neochem Bio IPO in the Invest section. The other option is you can apply for Neochem Bio IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
