To apply for the Neptune Petrochemicals IPO, investors can use the online application process through their trading or demat account. Log in to your broker’s platform and navigate to the IPO section. Select "Neptune Petrochemicals IPO" from the list of active IPOs and click on the ‘Apply’ button. Enter the number of lots (minimum one lot of 1,000 shares) and bid within the price range of ₹115 to ₹122 per share. Provide your UPI ID for payment authorisation, ensuring sufficient balance in your linked bank account. Double-check the details before submitting and approve the UPI mandate before the cut-off time of 5 PM on May 30, 2025. Once submitted, you will receive confirmation from your UPI app or bank, and the status of the application can be checked through your broker’s dashboard or the registrar’s website after the allotment date.
For complete details on this public offering, visit the Neptune Petrochemicals IPO page on Bajaj Broking’s website.
Neptune Petrochemicals IPO Application Process
The Neptune Petrochemicals IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using Bajaj Broking’s app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate Neptune Petrochemicals IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 1000 shares) within the price band of ₹115 to ₹122 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
How to Check Neptune Petrochemicals IPO Allotment Status?
Once the allotment for Neptune Petrochemicals IPO is finalized, investors can check their status online using the following steps:
Step 1: Visit the Official Website of the IPO's Registrar
Access the registrar’s portal for allotment status updates.
Step 2: Navigate to the IPO Allotment Status Page
Locate the specific section for IPO allotment on the website.
Step 3: Enter Your PAN Number, Demat ID, or Application Number
Provide the necessary details to retrieve your application status.
Step 4: Click on 'Submit' or 'Check Status'
Verify the allotment details displayed on the screen.
Step 5: Alternative Check on Stock Exchange Websites
Visit SME or NSE websites and follow the IPO allotment instructions.
Step 6: Check via Bajaj Broking Website
Log in to Bajaj Broking, access the IPO section, and view your allotment updates in the IPO Allotment Status.
Additional Read: Neptune Petrochemicals IPO Investment Guide: Objectives & Opportunities
About Neptune Petrochemicals IPO: Overview and Key Facts
Neptune Petrochemicals Limited, established in October 2021, operates in the bitumen manufacturing and trading sector. The company's product range includes various grades of bitumen, such as polymer-modified and crumb-rubber-modified bitumen, catering to construction and industrial applications. With manufacturing units located in Ahmedabad (Gujarat), Panipat (Haryana), and Kamrup (Assam), Neptune maintains a presence in key regions across India. In addition to manufacturing, the company engages in trading bitumen and fuel oils, sourcing from reputable suppliers to meet customer requirements.
The upcoming IPO is scheduled to open on May 28, 2025, and close on May 30, 2025. The issue comprises 60,00,000 equity shares, with a price band set between ₹115 and ₹122 per share. The minimum lot size for application is 1,000 shares. The shares are proposed to be listed on the NSE SME platform. The IPO aims to raise funds for capital expenditure on additional plant and machinery, purchase of office space, working capital requirements, and general corporate purposes.
Neptune Petrochemicals adheres to international standards, holding certifications in Quality Management (ISO 9001:2015), Environmental Management (ISO 14001:2015), and Occupational Health & Safety (OHSAS 18001:2007). The company exports its products to neighboring countries like Nepal and Bhutan while serving a growing domestic market in India. With a workforce of 59 employees as of December 2024, Neptune continues to focus on manufacturing techniques and market trends to meet the evolving needs of the road construction and infrastructure industries.
To check your application status, visit the Neptune Petrochemicals IPO Allotment Status page on Bajaj Broking’s website.