Neochem Bio Solutions Limited IPO Opens on December 2, 2025
Mumbai (Maharashtra) [India], November 28: Neochem Bio Solutions Limited (‘the Company’, ‘Neochem’), a speciality performance chemical manufacturer, proposes to open its Initial Public Offering on Tuesday, December 2, 2025, to raise ₹ 44.97 Crore (at Upper Price Band). The equity shares are proposed to be listed on the NSE Emerge platform. The IPO is a [...]
Mumbai (Maharashtra) [India], November 28: Neochem Bio Solutions Limited (‘the Company’, ‘Neochem’), a speciality performance chemical manufacturer, proposes to open its Initial Public Offering on Tuesday, December 2, 2025, to raise ₹ 44.97 Crore (at Upper Price Band). The equity shares are proposed to be listed on the NSE Emerge platform.
The IPO is a fresh issue of 45,88,800 equity shares at a face value of ₹ 10 each, with a price band of ₹ 93 – ₹ 98 per share.
Equity Share Allocation
- Anchor Portion – 13,03,200 Equity Shares
- Qualified Institutional Buyer – 8,71,200 Equity Shares
- Non-Institutional Investors – 6,55,200 Equity Shares
- Retail Individual Investors – 15,26,400 Equity Shares
- Market Maker – 2,32,800 Equity Shares
The net proceeds from the IPO will be utilised to fund the Company’s long-term working capital requirements, to repay or prepay, in whole or in part, certain outstanding borrowings, and for general corporate purposes.