Neptune Petrochemicals
Listed
Listed
IPO Timeline
Issue open date
28 May 2025Issue close date
30 May 2025UPI mandate deadline
30 May 2025Allotment finalization
2 Jun 2025Refund initiation
3 Jun 2025Share credit
3 Jun 2025Listing date
4 Jun 2025Mandate end date
15 Jun 2025Lock-in end date for anchor investors (50%)
2 Jul 2025Lock-in end date for anchor investors (remaining)
31 Aug 2025Key Dates
Open
28 May 2025Close
30 May 2025Listing
4 Jun 2025Quick 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
Neptune Petrochemicals IPO – Frequently Asked Questions
- The price band for the Neptune Petrochemicals IPO is set at ₹115 to ₹122 per share.
- The Neptune Petrochemicals IPO opens on May 28, 2025 and closes on May 30, 2025.
- The tentative listing date for the Neptune Petrochemicals IPO is June 4, 2025.
- You can apply for the Neptune Petrochemicals IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Neptune Petrochemicals, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Neptune Petrochemicals IPO is 1000 shares. Investors must apply for at least one lot (i.e., 1000 shares).