Neochem Bio NSE SME

Neochem Bio SME IPO

Listed

NSE SMEOpens 2 December 2025Closes 4 December 2025

Neo Chem Bio Solution is a specialty performance chemical company with over 40 years of experience, making more than 350 customized chemical formulations. Its products are used in textiles, garment washing, home &…

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Live GMPSubscriptionAllotment
Price band
₹93 - ₹98
Issue size
₹42.69 Cr
Lot size
1,200 shares
Type
NSE SME
GMP
₹2 (+2.0%)
Est. listing
₹100
Est. profit / app
₹4,800
Retail quota
33.26%

Key ratios

As per RHP / filings
Face value
₹10
EPS
6.41
P/E ratio
15.3
RoNW
48.82%
ROE
48.82%
Debt / Equity
1.8
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Timeline

  1. IPO Opens

    2 Dec 2025

  2. IPO Closes

    4 Dec 2025

  3. Allotment

    5 Dec 2025

  4. Listing

    9 Dec 2025

IPO Timeline & Listing Details

EventDate
IPO Open Date2 December 2025
IPO Close Date4 December 2025
Allotment Date5 December 2025
Listing Date9 December 2025

Investment Categories

CategoryLotsAmount
Individual
2₹2,35,200
SHNI (Min)
3₹3,52,800
SHNI (Max)
8₹9,40,800
BHNIAbove ₹10,00,000
9₹10,58,400

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)47.38%
NII (Non-Institutional Investor)14.28%
SHNI (Small Non-Institutional Investor)4.76%
BHNI (Big Non-Institutional Investor)9.52%
Retail33.26%
Market Maker5.07%
Total100.00%

IPO Objectives

  • Funding the long-term working capital requirements of the Company (₹23.90 Cr).
  • Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the Company (₹10.00 Cr).
  • General Corporate Purposes.

Strengths

  • The company has integrated and flexible manufacturing operations in Sanand, Ahmedabad, supporting both liquid and powder formulations with 22,000 MTPA capacity.
  • It possesses a strong understanding of applied chemistries for diverse end-use industries (textiles, HPC, water treatment), serving over 350 customers globally.
  • The business is backed by research and development (R&D) capabilities with an in-house lab dedicated to developing performance chemistries.
  • It holds multiple global certifications (ISO 9001, ZDHC Level 3, GOTS 7.0), ensuring high compliance in sustainability and quality.
  • The company shows strong financial growth, with Revenue increasing by 39% and profit after tax (PAT) surging by 330% between FY24 and FY25.

Weaknesses

  • The company has a High Debt-to-Equity ratio of 1.80 in FY25, indicating significant financial leverage.
  • Operations are working capital intensive, with the largest portion of the Fresh Issue allocated to funding long-term working capital needs.
  • It is vulnerable to raw material price volatility (Polymers, Surfactants, Esters) and is dependent on the performance of cyclical end-use industries like textiles.
  • The significant spike in PAT (330% in FY25) raises questions about its sustainability and may not be representative of long-term organic growth.
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Financial Performance

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets (₹ Cr.)96.4978.8964.0650.6
Revenue (₹ Cr.)47.1886.1562.0148.79
PAT (₹ Cr.)5.487.751.81.07
Net Worth (₹ Cr.)32.2419.75128.05

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Neochem Bio Solutions5.815.348.82%32.24
Rossari Biotech2.6824.5310.92%1,185

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB1x1.23x21.97x
NII1.1x2x21.15x
S-HNI0.3x0.86x11.88x
B-HNI1.49x2.57x25.78x
RII0.5x1.02x9.42x
Total0.77x1.29x15.52x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB8,71,2001,91,42,400187.6
NII6,55,2001,38,55,200135.78
Small NII2,18,40025,94,40025.43
Big NII4,36,8001,12,60,800110.36
RII15,26,4001,43,76,000140.88
Total30,52,8004,73,73,600464.26
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Company Details

  • Neochem Bio Solutions Ltd.
  • 303, W1, Opp. Vikramnagar Colony, Off. Iscon- Ambli Road, Ahmedabad, -380058
  • +91 079 35217792
  • compliance@neochem.in
  • http://www.neochem.in/

Registrar Details

Frequently Asked Questions

What are the core products manufactured by Neochem Bio Solutions?
Neochem Bio manufactures over 350 customized formulations under four segments: Polymers, Surfactants, Silicones, and Esters/Bio-based Solutions. These are specialty performance chemicals for textiles, HPC, water treatment, and paints.
When will the Neochem Bio IPO open and close?
The Neochem Bio SME IPO opens for subscription on December 2, 2025, and closes on December 4, 2025.
What is the IPO price band and tentative listing date?
The price band is ₹93.00 to ₹98.00 per share, and the tentative listing date on the NSE SME is December 9, 2025.
What are the main objectives for the ₹42.69 Cr Fresh Issue?
The net proceeds are primarily for funding the long-term working capital requirements (₹23.90 Cr) and repayment of outstanding borrowings (₹10.00 Cr).
What are the key financial strengths of Neochem Bio?
The company reported a massive 330% rise in PAT in FY25 (₹7.75 Cr) on a revenue of ₹86.15 Cr, supported by strong growth and a high RoNW of 39.24%.
What quality certifications does Neochem Bio hold?
The company holds multiple global certifications including ISO 9001:2015, ISO 14001, ZDHC Level 3, and GOTS 7.0, ensuring compliance in sustainability and quality.

Neochem Bio SME IPO News & Updates

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Neochem Bio SME IPO IPO Pages

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Neochem Bio SME IPO Details

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Neochem Bio SME IPO GMP

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Neochem Bio SME IPO Subscription

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Neochem Bio SME IPO Allotment

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Neochem Bio SME IPO Review

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Neochem Bio SME IPO FAQ

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Neochem Bio SME IPO Registrar

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Neochem Bio SME IPO Timeline

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Neochem Bio SME IPO News

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Sources

We match Neochem Bio SME IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • MUFG Intime India Pvt.Ltd.Official site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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