Price Band
₹93 - ₹98
Lot Size
1200
Issue Size
₹44.97 Cr
GMP
+₹5
↓ ₹4 today
Subscription
15.52x
Analyzing...
IPO Schedule
1
Open
2 Dec 2025
2
Close
4 Dec 2025
3
Allotment
5 Dec 2025
4
Listing
9 Dec 2025
About Neochem Bio Solutions Ltd
Neochem Bio Solutions Ltd. is an SME engaged in the manufacturing and supply of specialty chemicals, primarily focused on biocides, preservatives, and hygiene products. They cater to diverse industries including pharmaceuticals, personal care, and food processing.
Key Strengths
- High Return on Equity (ROE) of 48.82% indicates efficient utilization of shareholder funds and strong profitability.
- Reasonable P/E ratio of 15.85 compared to industry peers suggests potential undervaluation.
- Established relationships with key clients across various industries provides revenue stability.
- Focus on specialty chemicals with higher margins compared to commodity chemicals.
- Experienced management team with a proven track record in the chemical industry.
Risk Factors
- •SME listing carries inherent risks associated with smaller company size, including liquidity and volatility.
- •Dependence on raw material availability and price fluctuations may impact profitability.
- •Competition from established players in the specialty chemicals market could limit growth potential.
Valuation Analysis
The IPO appears reasonably priced considering the company's high ROE and relatively low P/E ratio, but investors should carefully consider the risks associated with SME listings before investing.
IPO Details
ExchangeNSE
SegmentSME
ISININE21UM01018
NSE SymbolNEOCHEM
Face Value₹10
Lot Size1200
Issue Size₹44.97 Cr
Key Metrics
ROE48.82%
ROCE41.67%
P/E Ratio15.85
Industry P/E20
EPS6.18
PAT Margin9.00%
Debt/Equity1.80
Growth & Quality
Revenue Growth (YoY)22.1%
ProfitableYes ✓
Anchor Investors8
Subscription
Total0.77x
Documents
Registrar
LINK
Key Dates
Open Date2 Dec 2025
Close Date4 Dec 2025
Allotment5 Dec 2025
Listing9 Dec 2025