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IPO

IPO Synopsis
Neptune Petrochemicals Ltd
Registered Office: Block-B Office No.606 Mondela,Heights S.G.Highways , Ahmedabad - 380015 , Gujarat , India.
Phone : +91-79 49000599/600   Fax:
Email :  info@neptunepetrochemicals.com  
Website :  www.neptunepetrochemicals.com
Initial public issue of 60,00,000 equity shares of Rs. 10/- each ("Equity Shares") of Neptune Petrochemicals Limited ("NPL" or the "Company" or the "Issuer") for cash at a price of Rs. 122/- per equity share including a share premium of Rs. 112/- per equity share (the "Issue Price"), Aggregating to Rs.73.20 crores ("the Issue"), of which 3,00,000 equity shares of Rs. 10/- each for cash at a price of Rs. 122/- per equity share including a share premium of Rs. 112/- per equity share aggregating to Rs.3.66 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 57,00,000 equity shares of Rs. 10/- each including a share premium of Rs. 112/- per equity share aggregating to Rs. 69.54 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.49% and 25.16%, respectively of the post issue paid up equity share capital of the company.

The face value of the equity shares is Rs. 10.00 each.

The price band will be decided by the company.

Issue Money Payable On
Opens On Closes On Application Allotment
28-May-25 30-May-25 Rs122.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1000  Further Multiples of :1000

  Rs Cr Lead Managers to the Issue
Project Cost 71.30
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 73.20  
Post Issue Equity Share Capital 22.65  
Issue Price Rs122.00  
 
Projects
Funding capital expenditure requirements towards installation of additional plant and machinery and related infrastructureFunding working capital requirements
Funding the capital expenditure for purchase of office spaceGeneral corporate expenses
Promoted By
Paresh Subodchandra Shah
Riddhi Pareshkumar Shah
Sanjaykumar Subodhchandra Shah
Listing At
NSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd