Neochem Bio SME IPO Subscription Status
Neochem Bio SME IPO closed on 4 December 2025 with an overall subscription of 15.52x based on shares applied. QIB demand came in at 21.97x, NII at 21.50x, and retail at 9.42x.
Allotment will be finalised on 5 December 2025. The stock is scheduled to list on NSE and BSE on 9 December 2025.
Issue Price
Rs 98.00
GMP Today
Rs 2.00 (+2.04%)
Overall Subscription
15.52x
Issue Size
₹42.69 Cr
Allotment Date
5 Dec 2025
Listing Date
9 Dec 2025
Neochem Bio SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 98.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 8.54 Cr | Rs 187.60 Cr | 21.97x |
| FII | - | Rs 73.39 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 114.20 Cr | - |
| NII | Rs 6.42 Cr | Rs 138.06 Cr | 21.50x |
| bNII (above Rs 10L) | Rs 4.28 Cr | Rs 112.64 Cr | 26.31x |
| Corporate | - | Rs 8.50 Cr | - |
| Individual | - | Rs 102.32 Cr | - |
| Other | - | Rs 1.81 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 2.14 Cr | Rs 25.43 Cr | 11.88x |
| Corporate | - | Rs 35.28 L | - |
| Individual | - | Rs 24.80 Cr | - |
| Other | - | Rs 27.05 L | - |
| IND | Rs 14.96 Cr | Rs 140.88 Cr | 9.42x |
| Total | Rs 29.92 Cr | Rs 466.54 Cr | 15.59x |
Neochem Bio SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 726 | 27 | 0.04x |
| FII | - | 12 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 15 | - |
| NII | 182 | 1,629 | 8.95x |
| bNII (above Rs 10L) | 121 | 964 | 7.97x |
| Corporate | - | 20 | - |
| Individual | - | 927 | - |
| Other | - | 17 | - |
| sNII (Rs 2L to Rs 10L) | 61 | 665 | 10.90x |
| Corporate | - | 10 | - |
| Individual | - | 648 | - |
| Other | - | 7 | - |
| IND | 636 | 5,990 | 9.42x |
| Total | 1,544 | 7,646 | 4.95x |
What Do These Subscription Numbers Mean?
A subscription of 15.52x by shares means the IPO received bids for 16 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 21.97x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 21.97x, it reflects serious institutional conviction.
NII at 8.95x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 7.97x and sNII at 10.90x by applications. Share subscription was 21.50x. Allotment uses application count, not share volume.
At 9.42x subscription by applications, approximately 1 in 9 retail applicants can expect an allotment (~11% per application). Retail allotment is done by lottery when oversubscribed.
Neochem Bio SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 9.42x.
- •Allotment odds: about 1 in 9 (~11% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 10.90x.
- •Allotment odds: about 1 in 11 for a minimum-lot application (~9% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 11.88x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 7.97x.
- •Allotment odds: about 1 in 8 for a minimum-lot application (~13% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 26.31x. Allotment uses application count, not share volume.
Check the Neochem Bio SME IPO Allotment Status page from 5 December 2025 for your allotment result.
Neochem Bio SME IPO GMP After Subscription
GMP for Neochem Bio SME stands at Rs 2.00 today, giving an estimated listing price of Rs 100.00 per share.
A subscription of 15.52x combined with a GMP of 2.04% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Neochem Bio SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Neochem Bio SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 2 Dec 2025 | 1.00x | 1.10x | 0.50x | 0.77x |
| Day 2 - 3 Dec 2025 | 1.23x | 2.00x | 1.02x | 1.29x |
| Day 3 - 4 Dec 2025 | 21.97x | 21.15x | 9.42x | 15.52x |
Neochem Bio SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 2 December 2025 |
| IPO Close Date | 4 December 2025 |
| Allotment Date | 5 December 2025 |
| Refund Initiation | 6 December 2025 |
| Share Credit to Demat | 6 December 2025 |
| Listing Date | 9 December 2025 |
| Minimum Investment | Rs 2,35,200.00 |
| Lot Size | 1200 shares |
About Neochem Bio SME
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 & personal care (HPC), industrial cleaning, water treatment, paints, and construction. The company operates an integrated manufacturing facility in Sanand, Ahmedabad, with an installed capacity of 22,000 MTPA, supported by an in-house R&D lab and multiple global certifications including ZDHC Level 3 and GOTS 7.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Neochem Bio SME IPO Subscription FAQs
What is Neochem Bio SME IPO subscription status today?
Neochem Bio SME IPO subscription closed on 4 December 2025 with overall subscription of 15.52x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 21.97x, NII 8.95x, IND 9.42x.
What is the overall subscription of Neochem Bio SME IPO?
Neochem Bio SME IPO is subscribed 15.52x overall by shares at close on 4 December 2025. QIB 21.97x, NII 8.95x, and IND 9.42x.
What is Neochem Bio SME IPO QIB subscription?
Neochem Bio SME IPO QIB (Qualified Institutional Buyers) subscription is 21.97x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Neochem Bio SME IPO IND subscription?
Neochem Bio SME IPO IND subscription is 9.42x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Neochem Bio SME IPO NII subscription?
Neochem Bio SME IPO NII (Non-Institutional Investors) subscription is 8.95x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Neochem Bio SME IPO for retail?
At 9.42x subscription by applications, approximately 1 in 9 retail applicants can expect an allotment (~11% per application). Allotment is done by lottery.
When is Neochem Bio SME IPO allotment date?
Neochem Bio SME IPO allotment date is 5 December 2025. Check Neochem Bio SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Neochem Bio SME IPO subscription close?
Neochem Bio SME IPO subscription closed on 4 December 2025. No new applications are accepted after the close.
What is Neochem Bio SME IPO GMP today?
Neochem Bio SME IPO GMP is ₹2 today (+2.04% over issue price ₹98). See live GMP on the Neochem Bio SME IPO GMP Today page.
What is Neochem Bio SME IPO issue price and lot size?
Neochem Bio SME IPO issue price is ₹98 per share. Lot size is 1200 shares. Minimum investment is ₹2,35,200 per lot (minimum 2 lots for SME). Issue size: ₹42.69 Cr.
When is Neochem Bio SME IPO listing date?
Neochem Bio SME IPO listing date is 9 December 2025 on NSE and BSE. Allotment is on 5 December 2025.
How does subscription affect Neochem Bio SME IPO allotment?
Allotment odds in Neochem Bio SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 8.95x by applications means roughly 1 in 9 for minimum-lot bids; bNII at 7.97x (~1 in 8). At 15.52x overall, competition is high.
For allotment results from 5 December 2025, visit the Neochem Bio SME IPO Allotment Status page. For listing day updates on 9 December 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.