The Neochem Bio IPO opening date is December 2, 2025, and the IPO will close on December 4, 2025. The Neochem Bio IPO is a book-built issue. The company will raise approximately ₹44.97 crore through the IPO, which includes a fresh issue of ₹44.97 crore and an offer for sale of up to [.] equity shares with a face value of ₹10.
The Neochem Bio IPO price band is ₹93 to ₹98 per share. The retail quota is 35%, QIB 50%, and HNI 15%. The Neochem Bio IPO will be listed on the NSE on December 9, 2025. The allotment date for the Neochem Bio IPO is December 5, 2025.
The company reported revenue of ₹86.15 crore in 2025, compared to ₹62.01 crore in 2024. The company reported a profit of ₹7.75 crore in 2025, compared to a profit of ₹1.80 crore in 2024. According to financials, IPO investors should apply for the IPO for the long term.
Neochem Bio IPO Details
| IPO Open Date | December 2, 2025 |
| IPO Close Date | December 4, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹93 to ₹98 Per Share |
| Issue Size | Approx ₹44.97 Crores |
| Fresh Issue | Approx ₹44.97 Crores |
| Issue Type | Book Built Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Neochem Bio IPO Market Lot
The Neochem Bio IPO minimum market lot is 2,400 shares with ₹2,35,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,35,200 |
| Retail Maximum | 2 | 2,400 | ₹2,35,200 |
| S-HNI Minimum | 3 | 3,600 | ₹3,52,800 |
| S-HNI Maximum | 8 | 9,600 | ₹9,40,800 |
| B-HNI Minimum | 9 | 10,800 | ₹10,58,400 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Neochem Bio IPO Anchor Investors
| Anchor Bidding Date | December 1, 2025 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2025 |
| lock-in period end date 50% shares (90 Days) | 2025 |
Neochem Bio IPO Dates
The Neochem Bio IPO date is December 2 and the close date is December 4. The Neochem Bio IPO allotment will be finalized on December 5 and the IPO listing on December 9.
| IPO Open Date: | December 2, 2025 |
| IPO Close Date: | December 4, 2025 |
| Basis of Allotment: | December 5, 2025 |
| Refunds: | December 8, 2025 |
| Credit to Demat Account: | December 8, 2025 |
| IPO Listing Date: | December 9, 2025 |
| IPO Bidding Cut-off Time: | December 4, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Swapnil Rameshbhai Makati and Hemangini Swapnil Dathia.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,25,31,953 | 91.12% |
| Promoter Holding Post Issue | 1,71,20,753 | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding the long-term working capital requirements of the Company | ₹23.90 |
| Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the Company | ₹10.00 |
| General Corporate Purpose | ₹- |
About Neochem Bio IPO
Neo Chem Bio Solutions is a specialty performance chemical company with over 40 years of experience. The company manufactures over 350 customized chemical formulations across four product segments:
Polymers
Surfactants
Silicones
Esters and Bio-Based Sustainable Solutions
Its products are used in numerous industries, including textiles, garment washing, home and personal care (HPC), industrial and institutional cleaning, water treatment, paints and coatings, paper and pulp, construction, rubber, and dyes and pigments.
It is certified to ISO 9001:2015, ISO 14001, ISO 45001, and product certifications such as ZDHC Level 3 and GOTS 7.0.
Products:
Textile and garment auxiliaries (pre-treatment, dyeing, finishing, printing, coating)
Home and personal care chemicals (dispersants, anti-foam, surfactants, silicone emulsions, rheology modifiers)
Water treatment chemicals (anti-scalants, dispersants, anti-foam, de-colorants, flocculants)
Paint and coating additives (acrylic dispersants, wax emulsions, anti-foam, acrylic emulsions)
Institutional and industrial cleaning solutions (room care, laundry, kitchen hygiene, personal hygiene)
Manufacturing and R&D
Manufacturing facility is located in Sanand, Ahmedabad.
6,763 sq. Installed capacity of 22,000 MTPA in an area of 1,000 square meters.
The facility supports both liquid and powder formulations and is slightly automated.
Warehousing capacity of 1,350 MT.
In-house R&D lab and Advanced Application Research Center for testing.
Sales and Distribution.
Sells directly to customers and through 50+ distributors across India.
Served 228 (H1 FY26), 227 (FY25), 254 (FY24), and 188 (FY23) domestic customers.
Also exports to international customers.
Signs of Neochem Bio SME IPO
Integrated and flexible manufacturing operations for sustainable formulations, allowing for customized supply.
Strong understanding of applied chemistries for various end-use industries.
Long-standing relationships with customers across end-use industries. Relationships
Research and development (R&D) capabilities for the development of performance chemistries
Established sales and distribution network
Experienced promoters with a strong management team
Neochem Bio IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹48.79 | ₹47.27 | ₹1.07 | ₹50.60 |
| 2024 | ₹62.01 | ₹59.34 | ₹1.80 | ₹64.06 |
| 2025 | ₹86.15 | ₹75.89 | ₹7.75 | ₹78.89 |
| September 2025 | ₹47.18 | ₹39.85 | ₹5.48 | ₹96.49 |
Neochem Bio IPO Valuation – FY2025
Check Neochem Bio IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 48.82% |
| ROCE: | 41.67% |
| EBITDA Margin: | 15.58% |
| PAT Margin: | 9.00% |
| Debt to equity ratio: | 1.80 |
| Earning Per Share (EPS): | ₹6.64 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 48.82% |
| Net Asset Value (NAV): | ₹16.91 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Rossari Biotech Limited | 24.66 | 26.00 | 5.78% | 226.05 | 1,129.82 Cr. |
| Indian Emulsifiers Limited | 11.40 | 8.83 | 11.78% | 75.54 | 76.98 Cr. |
IPO Lead Managers aka Merchant Bankers
- Vivro Financial Services Pvt. Ltd.
Company Address
Neochem Bio Solutions Ltd.
303,
W1, Opp. Vikramnagar Colony,
Off. Iscon- Ambli Road,
Ahmedabad, Gujarat, 380058
Phone: +91 079 35217792
Email: compliance@neochem.in
Website: http://www.neochem.in/
IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: neochem.smeipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html