243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Neptune Petrochemicals Limited

Ahmedabad

Date of DRHP : 27 Sep 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

Neptune Petrochemicals Basic Details

   Rubber

Sub Sector: manufacturing and trading of a comprehensive range of bitumen products, bitumen emulsions and allied products

Exchange:
NSE Emerge

About the Company

Neptune Petrochemicals, is engaged in the business of manufacturing and trading of a comprehensive range of bitumen products, bitumen emulsions and allied products. With a diverse product portfolio that includes various grades of bitumen, modified bitumen like Polymer Modified Bitumen, Crumb Rubber based modified bitumen and oils, it serves a broad range of industries, particularly the construction and industrial applications. Neptune Petrochemicals offer a broad range of products tailored to the needs of the road construction and infrastructure industries. Neptune Petrochemicals was originally formed as Partnership Firm under the Indian Partnership Act, 1932 (“Partnership Act”) in the name and style of “M/s. Neptune Tradelink” pursuant to a Deed of Partnership dated April 03, 2021. The Partnership firm was formed by acquiring the entire business with the assets and liabilities of M/s. Neptune Tradelink, sole proprietorship concern of our promoter Mr. Pareshkumar Subodhchandra Shah which was incorporated on 2004. “M/s. Neptune Tradelink” was thereafter converted from a Partnership firm to a Private Limited Company in the name and Style of “Neptune Petrochemicals Private Limited” under the provisions of Companies Act, 2013 vide certificate of incorporation dated October 21, 2021 issued by Registrar of Companies, Central Registration Centre bearing Corporate Identification Number (CIN) U24299GJ2021PTC126567. Subsequently, their Company was converted into a Public Limited Company and the name of their Company was changed from “Neptune Petrochemicals Private Limited” to “Neptune Petrochemicals Limited” vide fresh Certificate of Incorporation dated July 16, 2024 issued by the Registrar of Companies, Central Processing Centre. The Corporate Identification Number is U24299GJ2021PLC126567.

Financial Summary (Annualised Basis)

Revenue :
675.98 Cr.

PAT :
20.82 Cr.

Neptune Petrochemicals IPO Lead Manager(s)

Beeline Capital Advisors Private Limited

Neptune Petrochemicals IPO Registrar

Link Intime India Private Limited

Neptune Petrochemicals DRHP Details

Objects of issue

  • Funding capital expenditure requirement towards installation of additional plant and machinery
  • Funding the capital expenditure for purchase of office space
  • Funding Working Capital Requirement
  • General Corporate Purpose

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Neptune Petrochemicals Limited

 SME IPO

  Ahmedabad


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FAQs

Neptune Petrochemicals operates in Rubber and manufacturing and trading of a comprehensive range of bitumen products, bitumen emulsions and allied products. The Issue would be listed on SME. The registrar of the Issue is Link Intime India Private Limited. The IPO type of Neptune Petrochemicals is Book Building Process and Object of issue is

  • Funding capital expenditure requirement towards installation of additional plant and machinery
  • Funding the capital expenditure for purchase of office space
  • Funding Working Capital Requirement
  • General Corporate Purpose

The DRHP (Draft Red Herring Prospectus) of Neptune Petrochemicals IPO was filed on 27 Sep 2024.

No, Neptune Petrochemicals IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Neptune Petrochemicals are not available now. You can apply in Neptune Petrochemicals IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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