Neptune Petrochemicals Ltd
Registered Office:
Block-B Office No.606 Mondela,Heights S.G.Highways,
Ahmedabad
-
380015,
Phone : +91-79 49000599/600
Fax : NA
Initial public issue of 60,00,000 equity shares of (Rs) 10/- each ("Equity Shares") of Neptune Petrochemicals Limited ("NPL" or the "Company" or the "Issuer") for cash at a price of (Rs) 122/- per equity share including a share premium of (Rs) 112/- per equity share (the "Issue Price"), Aggregating to (Rs)73.20 crores ("the Issue"), of which 3,00,000 equity shares of (Rs) 10/- each for cash at a price of (Rs) 122/- per equity share including a share premium of (Rs) 112/- per equity share aggregating to (Rs)3.66 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 57,00,000 equity shares of (Rs) 10/- each including a share premium of (Rs) 112/- per equity share aggregating to (Rs) 69.54 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.49% and 25.16%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is (Rs) 10.00 each.
The price band will be decided by the company.
Opens On
Closes On
Application
Allotment
28-May-25
30-May-25
122.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1000
Further Multiples of :
1000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
71.30
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer
73.20
Post Issue Equity Share Capital
22.65
Funding capital expenditure requirements towards installation of additional plant and machinery and related infrastructure
Funding the capital expenditure for purchase of office space
Funding working capital requirements
General corporate expenses
Paresh Subodchandra Shah
Riddhi Pareshkumar Shah
Sanjaykumar Subodhchandra Shah