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Neptune Petrochemicals Makes a Debut on NSE SME

Roshani Ballal Posted on June 05, 2025

Neptune Petrochemicals Limited, a company involved in the manufacturing and trading of bitumen products for road construction and infrastructure industries, has made its debut on the NSE under the SME category. The stock opened with a premium over its issue price.

Key Highlights of Neptune Petrochemicals’ IPO and Listing

Listing Date: Neptune Petrochemicals made its listing on the NSE SME on June 4, 2025.
Listing Price: The shares were listed at ₹132.75 per share, which was an 8.8% premium over the issue price of ₹122.
IPO Details: The IPO raised ₹73.2 Crores through the fresh issue of 60,00,000 equity shares, with no offer for sale component.
Subscription Period: The IPO subscription period ran from May 28, 2025, to May 30, 2025, with the issue price set at ₹122 per share.

Financial Details of the IPO

IPO Component	Amount
Total Raised through Fresh Issue	₹73.2 Crores
Number of Equity Shares Issued	60,00,000 shares
Price Band for the IPO	₹115 to ₹122 per share
Proceeds Utilisation	₹5.15 Crores for machinery ₹14.7 Crores for office space ₹4.2 Crores for working capital

Post-Listing Performance and Market Activity

Stock Performance: On its listing day, Neptune Petrochemicals’ shares traded at ₹132.75, a 1.09% gain from the opening price. By June 5, 2025, the stock was trading at ₹138.50, marking a decline of 0.61% from the previous day's close of ₹139.35.
52-Week High: The stock reached a high of ₹140.00, which also represents its 52-week high and all-time high.

Trading Volume and Bulk Deals

On the first day of listing, bulk deals were recorded, including:
- PATEL NITINBHAI GOVINDBHAI purchased 1,50,000 shares at ₹132.75.
- VBCUBE VENTURES FUND sold 3,87,000 shares at ₹133.00.

Company Profile and Future Plans

Neptune Petrochemicals was formed as a partnership firm in 2021, later converting to a private limited company in the same year, and subsequently becoming a public limited company in July 2024. The company operates across India, Nepal, and Bhutan, providing key materials to the road construction and infrastructure sectors.

The funds raised through the IPO will support the company’s growth initiatives, including the purchase of new machinery, office space, and working capital needs.

Disclaimer

This content is for informational purposes only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.

Sources

NSE — Neptune Petrochemicals IPO Listing, https://www.nseindia.com/
Economic Times — Neptune Petrochemicals Makes Its Debut on NSE SME, https://economictimes.indiatimes.com/

Hi! I’m Roshani Ballal

Blogger

Roshani has over 6 years of experience and has honed her skills in performance content marketing in the financial domain. She loves diving into research and has crafted and overviewed creative copies, long-form financial content, engaging blogs, and informative articles. She specialises in delivering user-oriented content and solving problems through various content formats. On the side, Roshani enjoys writing poems-that's how she stays creative when she is not crunching numbers.