IPO - Initial Public Offerings

 NEPTUNE

  

NEPTUNE PETROCHEMICALS LIMITED

28 May, 10:00 AM

Issue Open

30 May, 05:00 PM

Issue Close

1000

Lot Size

₹ 115.00 – ₹ 122.00

Price Range

IPO Issue Details

Issue size 73.20 Cr
Market Price 122.00
Registrar MUFG Intime India Private Limited ((Link Intime)
Face Value RS.10 /- Per share
Listing at NSE

About

NEPTUNE PETROCHEMICALS LIMITED
Incorporated in October 2021, Neptune Petrochemicals Limited manufactures and trades a range of bitumen products and emulsions. The company's product portfolio encompasses various grades of bitumen, including polymer-modified bitumen and crumb-rubber-modified bitumen. The company serves diverse industries, particularly construction and industrial applications. The company has three manufacturing units, Unit I is situated in Ahmedabad, Gujarat, Unit II in Panipat, Haryana,and Unit III in Kamrup, Assam. The company also trades bitumen and fuel oils, sourcing from reputable suppliers to ensure quality and meet customer needs. The company holds 2015 certifications in Quality Management (ISO), Environmental Management (ISO), and Occupational Health & Safety (OHSAS 2018). Neptune meets global standards and follows essential procedures to produce high-quality, innovative product operations. The company exports its products to Nepal and Bhutan, and it sells in India. As of December 31, 2024 the Company had 59 employees on its payroll. Competitive Strength: Products tailored for construction, roads, and various industries. The company understands market trends, customer needs, and regulations. Focused Market Segmentation. Effective Production Planning. Ability to Serve Peak Demand. Quality products ensure customer satisfaction and foster long-term relationships.

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 1000 ₹ 1,22,000.00
S-HNI  (2 Lakh to 10 Lakh) 2 2000 ₹ 2,44,000.00
S-HNI  (2 Lakh to 10 Lakh) 8 8000 ₹ 9,76,000.00
B-HNI  (Above 10 Lakh) 9 9000 ₹ 10,98,000.00

IPO TimeLine

Open Date 28-May-2025
Close Date 30-May-2025
Basis of Allotment Date 02-Jun-2025
Initiation of Refunds 03-Jun-2025
Credit Shares to Demat A/c 03-Jun-2025
IPO Listing Date 04-Jun-2025