Neochem Bio Solutions IPO Opens Dec 2

Mumbai (Maharashtra) [India], November 28: 

Neochem Bio Solutions Limited, a speciality performance chemical manufacturer with a diversified product portfolio, has announced the opening of its Initial Public Offering (IPO) on Tuesday, December 2, 2025. The Company aims to raise ₹44.97 crore at the upper end of the price band, with its equity shares proposed to be listed on the NSE Emerge platform.

The IPO comprises a fresh issue of 45,88,800 equity shares with a face value of ₹10 each. The price band has been set at ₹93–₹98 per share, offering investors an opportunity to participate in a high-growth speciality chemical business with strong domestic and international market linkages.

Equity Share Allocation Structure

• Anchor Investors: 13,03,200 equity shares

• Qualified Institutional Buyers (QIB): 8,71,200 equity shares

• Non-Institutional Investors (NII): 6,55,200 equity shares

• Retail Individual Investors (RII): 15,26,400 equity shares

• Market Maker Portion: 2,32,800 equity shares

The funds raised will be deployed to support the Company’s long-term working capital requirements, repayment or prepayment of certain borrowings, and general corporate purposes. The offering aims to strengthen the Company’s balance sheet while enabling future operational and manufacturing expansion.

Lead Manager & Registrar

The Book Running Lead Manager to the issue is Vivro Financial Services Private Limited, while MUFG Intime India Private Limited serves as the Registrar.

A Strong Foundation for Growth

Commenting on the IPO launch, Mr. Swapnil Rameshbhai Makati, Managing Director of Neochem Bio Solutions Limited, said:
“Neochem Bio Solutions is built on a strong foundation of diversified speciality products, high-quality manufacturing capabilities and resilient customer relationships. As we continue to enhance our R&D capabilities, improve operational efficiencies and optimise capacity utilisation, we are poised for sustained long-term growth. This IPO will accelerate our strategic roadmap and help us deliver greater value to our customers, partners and shareholders.”

Neochem Bio Solutions operates in multiple high-demand segments including Textile & Garment Washing, Home & Personal Care, Industrial Cleaners, and Water Treatment Chemicals. With manufacturing units equipped with modern process technology in Ahmedabad, the Company has established strong market penetration in India and continues expanding its global footprint through exports and strategic partnerships.

Industry Recognition & Market Opportunity

The speciality chemicals segment in India has seen strong momentum backed by increasing domestic consumption, import substitution, and the global shift towards high-quality sustainable chemical solutions. Neochem’s emphasis on product innovation, application-driven formulations, and environmentally compliant manufacturing positions it well to capitalise on rising demand.

Highlighting the significance of the offering, Mr. Roshan Vaishnav, Director, Vivro Financial Services Private Limited, said:
“We are pleased to partner with Neochem Bio Solutions for its IPO. The Company has built a diversified speciality chemicals portfolio catering to critical industry segments. With advanced R&D, modern manufacturing facilities and a growing customer base in both domestic and international markets, Neochem is well positioned to scale further. This IPO marks an important milestone in the Company’s growth journey.”

A Strategic Milestone for Future Expansion

The IPO proceeds will enable Neochem Bio Solutions to strengthen its operational capabilities, enhance financial flexibility and accelerate its expansion in domestic and global markets. With a focus on quality, innovation and sustainable formulations, the Company aims to reinforce its position as a trusted speciality chemical partner across industries.

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