| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹73.20 Cr |
| Reserved for Market Maker | ₹3.66 Cr |
| Net Issue Size | ₹73.20 Cr |
| Fresh Issue | ₹69.54 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน115.00-122.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | NEPTUNE |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares ยท Multiples of 1,000 shares
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:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirement towards installation of additional plant and machinery and related infrastructure | 5.15 |
| 2 | Funding the capital expenditure for purchase of office space | 14.75 |
| 3 | Funding working capital requirements of the Company | 42.00 |
| 4 | General Corporate Expenses | 9.40 |
| 5 | Issue Expenses | 1.90 |
| Total | 73.20 |
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 117.00 | 120.95 | 107.88 | 97.51 |
| Total Income | 620.16 | 675.97 | 709.31 | 82.16 |
| Profit After Tax | 19.47 | 20.82 | 10.39 | 0.68 |
| NET Worth | 61.23 | 31.90 | 11.08 | 0.69 |
| Reserves and Surplus | 44.57 | 31.89 | 11.07 | 0.68 |
| Total Borrowing | 0.16 | 5.12 | ||
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 65.00% |
| ROCE | 65.00% |
| RoNW | 65.25% |
| PAT Margin | 3.12% |
| EBITDA Margin | 3.04% |
| Price to Book Value | 6.37 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 13.87 | |
| P/E (x) | 8.79 | |
| Promoter Holding | 94.3% | 70.3% |
| Market Cap | โน276.37 Cr. | |