Neptune Petrochemicals logo

Neptune Petrochemicals

Listed

IPO Timeline

Issue open date

28 May 2025

Issue close date

30 May 2025

UPI mandate deadline

30 May 2025

Allotment finalization

2 Jun 2025

Refund initiation

3 Jun 2025

Share credit

3 Jun 2025

Listing date

4 Jun 2025

Mandate end date

15 Jun 2025

Lock-in end date for anchor investors (50%)

2 Jul 2025

Lock-in end date for anchor investors (remaining)

31 Aug 2025

Grey Market Premium Trend

₹0
Current GMP
₹122
Est. Listing Price
0.0%
Est. Listing Gain
₹115 - ₹122
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
3 Jun₹0₹1220.00%
2 Jun₹0₹1220.00%
1 Jun₹0₹1220.00%
31 May₹0₹1220.00%
30 May₹0₹1220.00%
29 May₹0₹1220.00%
28 May₹0₹1220.00%
27 May₹0₹1220.00%
26 May₹0₹1220.00%
24 May₹0₹1220.00%
23 May₹0₹1220.00%
22 May₹0₹1220.00%

Key Dates

Open
28 May 2025
Close
30 May 2025
Listing
4 Jun 2025

Quick Stats

Issue Size:73cr
Lot Size:1000 shares

About the Company

Neptune Petrochemicals, incorporated in 2021, is engaged in the manufacturing and trading of bitumen products, including polymer-modified and crumb rubber-modified bitumen, as well as bitumen emulsions and fuel oils. The company operates three manufacturing units in Gujarat, Haryana, and Assam, and serves clients primarily in the road construction and industrial sectors across India, Nepal, and Bhutan. It follows standardised quality, environmental, and safety protocols, holding ISO 9001:2015, ISO 14001:2015, and OHSAS 45001:2018 certifications. As of December 2024, the company employed 59 people and has maintained consistent operations through experienced leadership and sector-specific focus.

Strengths

  • Diverse product portfolio serving construction, road, and industrial sectors.
  • Operational knowledge built on years of industry experience.
  • Products tailored to specific market segments like road construction.
  • Applications span infrastructure, energy, manufacturing, and agriculture.
  • Production aligned with demand forecasting and supplier coordination.
  • Capacity to fulfil bulk orders during peak construction periods.

Risks

  • Dependence on international suppliers for raw materials
  • Exposure to price volatility and supply chain disruptions in trading model
  • Uncertain revenue growth due to customer acquisition challenges
  • Seasonal demand fluctuations, particularly during monsoons
  • Profitability risk due to crude oil price volatility
  • Underutilisation of installed manufacturing capacity
  • Pending legal proceedings against company and key personnel