The Neptune Petrochemicals IPO subscription started on Wednesday, May 28, 2025, and will close on May 30, 2025, as per the schedule. The price band is set at ₹115 to ₹122 per share with a face value of ₹10.
Neptune Petrochemicals IPO Subscription Status
Neptune Petrochemicals IPO subscribed over 1.14x on its first day till 5.00 PM on 28 May 2025.
- Neptune Petrochemicals IPO subscription QIB investors portion is 2.44x, while NII subscribed 2.05x, and RII investors subscribed 0.00x.
- The company has received bids for 45,37,000 shares against 39,90,000 on offer for the first-day subscription.
- Neptune Petrochemicals IPO subscribed over 1.14x on its day 1.
About Neptune Petrochemicals Company
Neptune Petrochemicals manufactures and trades bitumen products, including bitumen emulsions, micro-surfacing emulsions, and similar materials. Their range includes different grades of bitumen as well as modified types like polymer-modified and crumb rubber-modified bitumen. The company mainly caters to the construction and infrastructure sectors. The company also operates a blending unit in Sanand, Ahmedabad. Outside of India, it does business in Nepal and Bhutan as well. In the fiscal year 2024, the company recorded total sales of ₹658.48 crores within India, along with ₹9.32 crores from exports to Nepal and Bhutan. As of March 31, 2025, Neptune Petrochemicals has a workforce of 68 employees.
Neptune Petrochemicals Financial Report
The company reported revenue of ₹675.97 crores in 2024 against ₹709.31 crore in 2023. The company reported profit of ₹20.82 crores in 2024 against profit of ₹10.39 crores in 2023.
Neptune Petrochemicals IPO GMP:
Neptune Petrochemicals IPO GMP was ₹0 as of Wednesday, 28 May 2025. That indicates the IPO is trading at ₹122 with a ₹0 premium in the grey market against the issue price of ₹122.
