Neochem Bio Solutions Ltd

Neochem Bio Solutions Limited was originally formed as a partnership firm as a trading entity in the name of 'M/s Vinayak Dyes & Chemical Industries', pursuant to Deed of Partnership dated March 06, 1978 for carrying on the business of colour, chemicals and auxiliaries. Vinayak Dyes & Chemical Industries was changed to 'Neochem Technologies' with effect from January 6, 2006 and further the firm was converted from Firm to Private Company from Registrar of Companies, Ahmedabad at Gujarat on June 6, 2017 as 'Neochem Technologies Private Limited'. Furthermore, the name of Company was changed from Neochem Technologies Private Limited to Neochem Bio Solutions Private Limited and Certificate of Name change dated March 18, 2025, was received by the Company. Subsequently, status was was converted into a public limited company and the name of Company was changed to 'Neochem Bio Solutions Limited'. A fresh certificate of Incorporation dated April 15, 2025, was issued by the Registrar of Companies, Central Processing Centre. The Company commenced manufacturing operations in 1981 with the production of acrylic emulsions and pigment dispersions. Over the subsequent two decades, the business was expanded in textile auxiliaries, with an emphasis on developing eco-friendly formulations followed by application based products for various industries such as home and personal care, industrial & institutional cleaning, water treatment, construction, paints & coating, paper & pulp, rubber and specialty chemicals for dye & pigments. Company is engaged in the business of manufacturing specialty performance chemicals with a diverse portfolio of over 350 customized formulations across four primary product segments such as (i) Polymers, (ii) Surfactants, (iii) Silicones, and (iv) Esters & bio-based sustainable solutions. The production facility is operated with an installed capacity of 22,000 MTPA at Moraiya, Ahmedabad. The Company established its first facility at Isanpur, Narol to manufacture textile auxiliaries and pigment emulsions in 1982. It launched institutional and industrial cleaning chemical products in 2019. The Company was merged with Protek Korchem Private Limited (PKPL) in FY22. The Company diversified the activities into global business in countries like Vietnam, Singapore, Canda, Australia, Indonesia etc. in 2023. In 2024, Company launched home and personal care ingredients product. Company is planning the IPO of 47,50,000 equity shares of face value of Rs 10 each through fresh issue.