Neptune Petrochemicals Ltd IPO
Open Demat Account
Neptune Petrochemicals Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 60 L | TBA | ₹ 19.95 L | ₹ 157.05 L | NSE | ₹ 73.2 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 28 May, 25 | 30 May, 25 | 1000 | ₹ 1,15,000 | Book Building - SME | 04 Jun, 25 |
Neptune Petrochemicals Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Petrochemicals |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 2.85x | 2849000 | 8116000 |
| NII | 10.05x | 855000 | 8596000 |
| Retail | 0x | 1995000 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 2.79x | 6000000 | 16712000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Neptune Petrochemicals Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 28.42 | 14.01 | 0.92 |
| EBITDA | 28.59 | 14.08 | 0.92 |
| PAT | 20.82 | 10.39 | 0.68 |
| Total Assets | 116.72 | 106.49 | 97.49 |
| Share Capital | 0.01 | 0.01 | 0.01 |
| Total Borrowings | 3.17 | 14.23 | 7.09 |
| Operating Activities (Net Cash) | 20.99 | 10.46 | 0.68 |
| Investing Activities (Net Cash) | 0.64 | 0.71 | 0.00 |
| Financing Activities (Net Cash) | 3.17 | 14.23 | 7.09 |
| Net Cashflow | 16.68 | 8.80 | 11.87 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Neptune Petrochemicals Ltd
Our Company was originally formed as Partnership Firm under the Indian Partnership Act, 1932 (Partnership Act) in the name and style of Neptune Tradelink pursuant to a Deed of Partnership dated April 03, 2021. 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, our Company was converted into a Public Limited Company and the name of our 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 global bitumen market is set to reach USD 135.10 billion by 2030, with a 3.49% annual growth rate from 2022. This expansion is driven by rising applications in road construction, waterproofing, insulation, and adhesives. The growth is particularly pronounced in rapidly urbanizing emerging markets. Our Company is well-positioned to benefit from these trends. Our premium bitumen products meet the increasing demand driven by infrastructure projects. Leveraging advanced manufacturing and a focus on quality, we support both domestic and international infrastructure development.
Our company, is engaged in the business of production, manufacturing, and trading of a comprehensive range of bitumen products, bitumen emulsions and allied materials. 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. By utilizing manufacturing techniques and staying ahead of market trends, we offer a broad range of products tailored to the needs of the road construction and infrastructure industries.
Peer Comparison:
- Agarwal Industrial Corporation Ltd
- Nexxus Petro Industries Ltd
Neptune Petrochemicals Ltd IPO Key Points
Strengths
- Diverse Product Portfolio.
- Industry Experience.
- Focused Market Segmentation.
- Effective Production Planning.
- Ability to Serve Peak Demand.
Risk
- Dependence on international suppliers for raw bitumen and petroleum oils could lead to supply disruptions due to geopolitical issues, trade restrictions, or logistical challenges which may affect operational performance and financial condition.
- Majority of its revenue comes from trading of bitumen and allied products, which exposes it to price fluctuations and supply chain disruptions, which can affect profitability and financial stability.
- If the company fails to acquire new consumers or fail to do so in a cost-effective manner, its may not be able to increase revenue or maintain profitability.
Strategy
- Process Optimization.
- Testing Protocols.
- Expansion and Upgradation of Our Manufacturing Facilities.
- Continue to Focus on Operational Efficiencies and Improving Productivity
- Strengthen Relationships with Existing Customers and Expand Customer Base
- Diverse Product Portfolio.
- Industry Experience.
- Focused Market Segmentation.
- Effective Production Planning.
- Ability to Serve Peak Demand.
How To Apply for Neptune Petrochemicals Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
