Neochem Bio SME IPO opens Dec 2 with ₹44.97 Cr offer and ₹93‑98 price band

Neochem Bio opens ₹44.97 Cr SME IPO at ₹93‑98/share, listing on NSE SME Dec 9. Risks: single plant, high working capital.

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Neochem Bio SME IPO opens Dec 2 with ₹44.97 Cr offer and ₹93‑98 price band

Neochem Bio SME IPO opens Dec 2 with ₹44.97 Cr offer and ₹93‑98 price band
Neochem Bio Solutions Ltd has opened its SME IPO on December 2, 2025 — a fresh issue worth ₹44.97 crore. The price band is set at ₹93–₹98 per share, with a lot size of 1,200 shares. The listing is expected on the NSE SME platform on December 9. The company caters to specialty chemicals across textiles, home‑care, water treatment and more. Risks include dependence on a single manufacturing unit and high working‑capital needs. Based on FY25 numbers, the IPO reflects a modest valuation with a P/E around 14–15× prior earnings.
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  • Neochem Bio
  • SME IPO