IPO details · Updated
Biopol Chemicals Limited
ClosedSMENSE: BIOPOL
- Price Band
- ₹102 – ₹108
- Lot Size
- 1,000 shares
- Min. Investment
- ₹1,08,000
- Issue Size
- ₹31.25 Cr
- Offer Dates
- 6 Feb – 10 Feb 2026
- Listing
- 13 Feb 2026
Issue Details
- Total Issue Size
- ₹31.25 Cr
- 28,94,400 shares
- Fresh Issue
- ₹31.25 Cr
- 28,94,400 shares
- Offer for Sale
- ₹0 Cr
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- NSE SME
- Shares Pre-Issue
- 79,11,000
- Shares Post-Issue
- 1,08,05,400
IPO Timeline
Offer opens
6 Feb 2026
Offer closes
10 Feb 2026
Allotment
11 Feb 2026
Listing
13 Feb 2026
Issue Allocation
Share of the offer reserved for each investor category
- QIB23.7%6,86,400 shares
- HNI37.8%10,94,400 shares
- Retail33.3%9,62,400 shares
- MarketMaker5.2%1,51,200 shares
Subscription Status
Final subscription figures for this issue are not available yet.
Lot Size & Investment
1 lot = 1,000 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 2,000 | ₹2,16,000 |
| Small HNI (S-HNI) | 3 | 3,000 | ₹3,24,000 |
| Big HNI (B-HNI) | 10 | 10,000 | ₹10,80,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Dec-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 48.88 | 31.48 | 17.56 |
| Total Income | 48.97 | 49.15 | 17.43 |
| Profit After Tax | 6 | 4.33 | 2.96 |
| EBITDA | 8.99 | 6.53 | 4.43 |
| Net Worth | 19.54 | 13.53 | 9.2 |
| Reserves & Surplus | 11.63 | 5.62 | 1.29 |
| Total Borrowing | 14.92 | 7.69 | 3.58 |
Key Performance Indicators
| Period | Dec-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| ROE (%) | 36.32 | 38.1 | 53.91 | 30.79 |
| EPS (₹) | 7.59 | 5.47 | 3.78 | 0 |
| P/E (pre-issue) | 19.73 | — | — | — |
| P/E (post-issue) | 14.58 | — | — | — |
Peer Comparison
Listed companies in the same business
| Company | CMP | P/E | ROE |
|---|---|---|---|
| Rossari Biotech Limited | ₹515.5 | 20.93 | 15.62% |
| Fineotex Chemical Limited | ₹21.71 | 2.3 | 19.31% |
| Indian Emulsifiers Limited | ₹78.25 | 7.19 | 20.01% |
About Biopol Chemicals Limited
Biopol Chemicals Limited manufactures specialty chemicals across silicones, emulsifiers, biochemicals and polyelectrolytes serving B2B industrial clients.
Objects of the Issue
- Manufacturing expansion
- Working capital
- General corporate purposes
Company Information
Strengths (from RHP)
- Integrated manufacturing facility
- Strong quality & compliance standards
- Strategic regional presence
Key risks (from RHP)
- Expansion & execution risk
- Customer concentration risk
- Leased premises risk
- Book running lead managers
- Smart Horizon Capital Advisors Private Limited
- Registered office
- D-211, 2nd Floor, Block-D, Sumel Business Park-6, Dudheshwar Tavdipura, Ahmedabad, Gujarat 380004
- Market maker
- Shreni Shares Ltd.
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Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.