Neptune Petrochemicals Limited, founded in 2004 and incorporated as a public company in 2021, is a prominent manufacturer and trader of bitumen products, emulsions, and modified bitumen used primarily in road construction and infrastructure projects. With manufacturing facilities in Gujarat, Haryana, and Assam, the company serves a wide market across India and neighboring countries like Nepal and Bhutan, supplying both government and private sector clients. The Neptune Petrochemicals IPO is scheduled to open from May 28 to May 30, 2025.
₹00
₹122
₹132.75
Expert Opinions
Neptune Petrochemicals IPO is receiving strong market interest, reflecting confidence in the company’s impressive financial turnaround and sector positioning. The company’s core strengths include a diversified portfolio of bitumen and specialty petrochemical products, modern manufacturing facilities across key regions, and a well-established distribution network serving government and private clients. For FY2024, Neptune posted exceptional financial metrics with a Return on Equity (ROE) of 96.85%, Return on Capital Employed (ROCE) of 117.86%, and Net Asset Value (NAV) of ₹19.16, underscoring efficient capital use and high profitability.
However, risks remain from raw material price volatility, regulatory changes, and sector competition. From a long-term perspective, Neptune’s focus on capacity expansion and operational efficiency, supported by the Neptune Petrochemicals IPO, positions it well to benefit from India’s infrastructure growth, but investors should monitor cyclical and regulatory risks as the company scales its operations.
Investor Considerations
Neptune Petrochemicals IPO has delivered stable financial performance, with FY2024 revenue at ₹675.97 crore and a net profit of ₹20.82 crore, highlighting operational efficiency and a solid market presence. The bitumen and specialty petrochemicals sector benefits from India’s ongoing infrastructure push, supporting a favorable outlook for demand. The IPO valuation reflects a strong Return on Net Worth (RoNW) of 65.25%, PAT margin of 3.12%, and EBITDA margin of 3.04%, indicating healthy profitability but relatively thin margins typical for the sector.
Growth prospects are anchored in planned capacity expansion and a broadening client base across government and private sectors. However, investors should consider risks such as raw material price volatility, regulatory changes, and sector competition. Short-term investors may face earnings fluctuations, while long-term investors could benefit from sector tailwinds and Neptune’s expansion strategy through the Neptune Petrochemicals IPO, provided the company maintains margin discipline and operational efficiency.
| Date | GMP | Trend |
|---|---|---|
| 03 Jun 2025 10.34 | ₹00 | --- |
| 02 Jun 2025 11.00 | ₹00 | --- |
| 31 May 2025 11.41 | ₹00 | --- |
| 30 May 2025 11.48 | ₹00 | --- |
| 29 May 2025 11.07 | ₹00 | --- |
| 28 May 2025 10.56 | ₹00 | --- |
| 27 May 2025 10.52 | ₹00 | --- |
| 26 May 2025 11.33 | ₹00 | --- |
| 25 May 2025 11.35 | ₹00 | --- |
| 24 May 2025 11.07 | ₹00 | --- |
| 23 May 2025 10.54 | ₹00 | --- |
| 22 May 2025 19.01 | ₹00 | --- |
FAQs
The Grey Market Premium showed limited accuracy in predicting Neptune Petrochemicals IPO’s listing performance. While the GMP of ₹0 suggested a flat listing at the issue price, the stock delivered a positive gain of 8.81%. With a prediction error of 8.81%, the GMP failed to anticipate the positive market sentiment, though the magnitude of error was relatively modest in this case.
Neptune Petrochemicals IPO Current GMP is ₹00.
Neptune Petrochemicals IPO Expected Returns is 0.00%.
Neptune Petrochemicals IPO estimated listing price is ₹122.