Neptune Petrochemicals IPO GMP & Review: Apply or Avoid?
Posted by : sachet | Tue May 27 2025

Neptune Petrochemicals IPO is open for bidding on 28th May 2025. It is a bookbuilding IPO of an entirely fresh issue of 60 lakh shares worth ₹73.20 crores. The issue will be listed on NSE and SME on its tentative listing date, 4th June 2025.
Neptune Petrochemicals IPO Details
Neptune Petrochemicals IPO date is fixed between 28th May 2025 and 30th May 2025. The face value of Neptune Petrochemicals Limited shares stands at ₹10 per share, and the IPO price band is fixed at ₹115 to ₹122 per share.
MUFG Intime India Pvt. Ltd. is the registrar of Neptune Petrochemicals IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
IPO Open Date | 28th May 2025 |
IPO Close Date | 30th May 2025 |
IPO Allotment Date | 2nd June 2025 |
Refund Initiation | 3rd June 2025 |
Issue Size | 60,00,000 shares |
Face Value | ₹10 per share |
Lot Size | 1000 shares |
Issue Price Band | ₹115 to ₹122 per share |
Market Makers Portion | 3,01,000 shares |
Issue Type | Bookbuilt IPO |
Listing At | NSE SME |
Listing Date | 4th June 2025 |
Neptune Petrochemicals IPO Share Reservation
Neptune Petrochemicals IPO is a bookbuilding IPO issue of 60 lakh shares worth ₹73.20 crores. Neptune Petrochemicals Limited shares will be listed on the NSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor’ categories.
Investor Categories | Reservation Required |
QIB Shares Offered | <50% of the Net Issue |
Retail Shares Offered | >35% of the Net Issue |
NII (HNI) Shares Offered | >15% of the Net Issue |
Total | 100.00% |
Neptune Petrochemicals IPO GMP Grey Market Premium
GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on Neptune Petrochemicals IPO GMP? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
27-05-2025 | ₹122 | ₹0 | ₹122 | 0% |
26-05-2025 | ₹122 | ₹0 | ₹122 | 0% |
24-05-2025 | ₹122 | ₹0 | ₹122 | 0% |
23-05-2025 | ₹122 | ₹0 | ₹122 | 0% |
As of 27th May 2025, Neptune Petrochemicals IPO GMP stands at ₹0 per share, which means the share will likely show a flat listing at ₹122 (122+0) on its tentative listing date, 4th June 2025.
GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Neptune Petrochemicals IPO. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends.
Neptune Petrochemicals IPO Review

Check out the detailed Neptune Petrochemicals IPO review for a thorough understanding of its potential to report listing gains on 4th June 2025. The Neptune Petrochemicals IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business financials before applying for the Neptune Petrochemicals IPO.
Neptune Petrochemicals Limited’s revenue declined by 4.7% from ₹709.31 crores in March 2023 to ₹675.97 crores in March 2024. Moreover, the company’s PAT increased by 100.38% from ₹10.39 crores to ₹20.82 crores.
Neptune Petrochemicals Limited has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for Neptune Petrochemicals IPO for its tentative listing day, which is 4th June 2025.
Technical Analysis
A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of Neptune Petrochemicals IPO.
Key Indicators | Value |
PE Ratio (Price-to-Earnings) | – |
EPS (Earnings Per Share) | 13.87 |
RoNW | 65.25% |
ROE (Return on Equity) | 65.00% |
ROCE | 65.00% |
PAT Margin (Profit After Tax) | 3.12 |
Market Capitalisation | – |
The Earnings Per Share (EPS) stands at 13.87. The Neptune Petrochemicals IPO can potentially deliver gains on its tentative listing date, 4th June 2025.
Neptune Petrochemicals Limited Peer Comparison
Company Name | Revenue (in cr.) | PE Ratio | Face Value (in Rs) | EPS | RoNW (in %) |
Neptune Petrochemicals Ltd. | 668 | – | 10 | 13.87 | 65.25 |
Agarwal Industrial Corporation Ltd. | 2130 | 13.85 | 10 | 73.02 | 21.37 |
Nexxus Petro Industries ltd. | 238 | 22.94 | 10 | 8.99 | 40.36 |
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Neptune Petrochemicals Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
Indicators | Pre-IPO | Post-IPO |
PE Ratio | – | – |
EPS | 13.87 | – |
Neptune Petrochemicals IPO Subscription Status
Neptune Petrochemicals IPO is now open for bidding on 28th May 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Neptune Petrochemicals IPO Subscription Status.
Investor Category | Shares Offered | Shares Subscribed | Subscription in Times |
Retail Investors | Yet to be announced | Yet to be announced | Yet to be announced |
QIB | Yet to be announced | Yet to be announced | Yet to be announced |
NII (sNII+bNII) | Yet to be announced | Yet to be announced | Yet to be announced |
Market Maker | 301000 | Yet to be announced | Yet to be announced |
Total | Yet to be announced | Yet to be announced | Yet to be announced |
About Neptune Petrochemicals Limited

Neptune Petrochemicals Limited was incorporated in 2021 and is engaged in the business of manufacturing and trading of various bitumen products and emulsions. The company’s portfolio includes many products of bitumen, like polymer-modified bitumen and crumb-rubber-modified bitumen. It serves many industries, including construction and industrial applications.
It also trades bitumen and fuel oils after sourcing them from reputable suppliers in order to ensure good quality and meet the needs of its customers.
Neptune Petrochemicals Limited Financials
The company’s financial analysis is essential before applying for the Neptune Petrochemicals IPO. Look at the table to learn about Neptune Petrochemicals Limited’s financials.
Year Ended | 31st December 2024 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) | 31st March 2022 (in cr.) |
Assets | 117.00 | 120.95 | 107.88 | 97.51 |
Revenue | 620.16 | 675.97 | 709.31 | 82.16 |
Profit After Tax | 19.47 | 20.82 | 10.39 | 0.68 |
Debt | 0.16 | 0.00 | 5.12 | 0.00 |
Net Worth | 61.23 | 31.90 | 11.08 | 0.69 |
Explanation
Neptune Petrochemicals Limited’s revenue declined by 4.7% from ₹709.31 crores in March 2023 to ₹675.97 crores in March 2024. Moreover, the company’s PAT increased by 100.38% from ₹10.39 crores to ₹20.82 crores.
Neptune Petrochemicals IPO Bidding Requirements
Neptune Petrochemicals IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO.
Investor Category | Lots | Shares | Amount (in Rs) |
Retail (Minimum) | 1 | 1000 shares | ₹1,22,000 |
Retail (Maximum) | 1 | 1000 shares | ₹1,22,000 |
HNIs (Minimum) | 2 | 2000 shares | ₹2,44,000 |
Neptune Petrochemicals IPO Promoter Holdings
Have a look at the table below to check about the holdings of Neptune Petrochemicals Limited’s promoters: Mr. Pareshkumar Subodhchandra Shah, Mrs. Riddhi Pareshkumar Shah and Mr. Sanjaykumar Subodhchandra Shah.
Share Holding Pre-Issue | 100% |
Share Holding Post-Issue | – |
Note: Promoter Holdings’ value is to be calculated using Equity dilution, which represents the gap between shareholdings before and after the Issue.
Aim of Neptune Petrochemicals IPO
The primary aim of Neptune Petrochemicals IPO is to raise ₹73.20 crores. On the other hand, Neptune Petrochemicals Limited has decided to utilise these funds in different practices. Explore some of the secondary objectives for Neptune Petrochemicals IPO.
- To meet working capital requirements.
- To meet general corporate purposes.
- Funding of capital expenditure for purchase of additional plant & machinery.
- Funding capital expenditure for office space.
Should I Invest in the Neptune Petrochemicals IPO?
“NPL is engaged in the manufacturing, marketing and trading of variety of bitumen and its related products. Its top and bottom lines galloped from FY23 onwards. Many folds rise in bottom lines for FY23 and FY24 raise eyebrows. It is operating in a highly competitive and fragmented segment that has high volume low margin regime. Based on its financial data, the issue appears fully priced. Well-informed investors may park funds for medium term.” ~ Dilip Davda
Explore the pros and cons of Neptune Petrochemicals IPO to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades.
Pros of Neptune Petrochemicals IPO
- Focused Market Segmentation.
- Effective Production Planning.
- Ability to Serve Peak Demand.
Cons of Neptune Petrochemicals IPO
- High Competition
- Fragmented Segment
- Low Margin Regime
How to Apply for Neptune Petrochemicals IPO?

Check the steps mentioned below to apply for Neptune Petrochemicals IPO.
- Step 1: Conduct thorough research on Neptune Petrochemicals IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for one lot of 1000 shares worth ₹1,22,000 of Neptune Petrochemicals IPO.
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for Neptune Petrochemicals IPO from more than one demat account to increase your allotment chances.
How to Check Neptune Petrochemicals IPO Allotment Status?
You can check for Neptune Petrochemicals IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.
Check On NSE
- Visit the NSE Official Website.
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose Neptune Petrochemicals IPO.
- Choose whether to proceed with the PAN number or application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Neptune Petrochemicals IPO allotment status.
Let’s Wrap
Neptune Petrochemicals IPO is a bookbuilding issue of 60 lakh shares worth ₹73.20 crores. The shares of Neptune Petrochemicals Limited will be listed on NSE and SME on its tentative listing date of 4th June 2025. Researching Neptune Petrochemicals IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted its pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
FAQs on Neptune Petrochemicals IPO
How is Neptune Petrochemicals IPO?
Ans. Currently, on 27th May 2025, Neptune Petrochemicals IPO GMP (Grey Market Premium) stands at ₹0 (0 % up). It indicates that the estimated listing price could be ₹122 per share. It is entirely a fresh issue of 60 lakh shares worth ₹73.20 crore. The IPO issue price band is set between ₹115 to ₹122 per share, and the face value of each share is ₹10.
What is Neptune Petrochemicals IPO price?
Ans. Neptune Petrochemicals IPO price band has been set between ₹115 to ₹122 per share. Retail investors can apply for a minimum and maximum of 1 lot consisting of 1000 shares worth ₹1,22,000. Moreover, HNIs are required to bid for a minimum of 2 lots (2000 shares) worth ₹2,44,000.
Is Neptune Petrochemicals IPO good?
Ans. During FY23- 24, Neptune Petrochemicals Limited’s revenue declined by 4.7% from ₹709.31 crores in March 2023 to ₹675.97 crores in March 2024. Moreover, the company’s PAT increased by 100.38% from ₹10.39 crores to ₹20.82 crores. So, industry experts suggest applying for this IPO for the medium term.
Who is the registrar of the Neptune Petrochemicals IPO?
Ans. MUFG Intime India Pvt. Limited is the registrar of Neptune Petrochemicals IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding Neptune Petrochemicals IPO allotment and refund, you can contact MUFG Intime India Pvt. Limited at https://linkintime.co.in/Initial_Offer/public-issues.html or +91-22-4918 6270.
What is the issue size of the Neptune Petrochemicals IPO?
Ans. Neptune Petrochemicals IPO is a bookbuilding IPO for 60 lakh shares worth ₹73.20 crore. Moreover, the IPO is set to open on 28th May 2025 and will be closed on 30th May 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Neptune Petrochemicals IPO, download the Neptune Petrochemicals IPO RHP and Neptune Petrochemicals IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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