Neochem Bio Solutions Limited IPO Review
Neutral93-93 · SME
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Analyst Verdict
Neochem Bio Solutions Limited IPO
Neutral
IPO at a Glance
Price Band
93-93
Issue Size
45cr
Min. Investment
₹1,11,600
Opens
2025-11-30
Closes
2025-12-02
Listing
2025-12-07
Category
SME
Key Strengths
✓Diversified portfolio of 350+ speciality chemical formulations across multiple end-use industries.
✓Strong industry presence backed by four decades of technical and formulation expertise.
✓Accredited with ISO 9001:2015, ISO 14001, ISO 45001 and product certifications like ZDHC Level 3 & GOTS 7.0.
✓Serving wide applications including textile, HPC, water treatment, coatings, paper, construction, rubber, and dyes.
✓Strong revenue and profitability growth with improving margins and high ROCE performance.
Key Risks
⚠Significant dependence on top customers, with the top 5 customers contributing a major share of revenues.
⚠Exposure to credit risk due to reliance on customer receivables.
⚠Inability to attract or retain key managerial and technical employees may impact operations.
⚠Trademark protection risks due to pending registrations and potential third-party infringements.
⚠Dependence on bank credit facilities for working capital may affect liquidity and operations if disrupted.
Frequently Asked Questions
Should I apply for Neochem Bio Solutions Limited IPO?
Based on our analysis, our rating for Neochem Bio Solutions Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Neochem Bio Solutions Limited IPO?
Significant dependence on top customers, with the top 5 customers contributing a major share of revenues. Exposure to credit risk due to reliance on customer receivables. Inability to attract or retain key managerial and technical employees may impact operations.
What are the strengths of Neochem Bio Solutions Limited IPO?
Diversified portfolio of 350+ speciality chemical formulations across multiple end-use industries. Strong industry presence backed by four decades of technical and formulation expertise. Accredited with ISO 9001:2015, ISO 14001, ISO 45001 and product certifications like ZDHC Level 3 & GOTS 7.0.
What is the price band of Neochem Bio Solutions Limited IPO?
The price band for Neochem Bio Solutions Limited IPO is 93-93. The IPO has closed.
Full Analysis Available
Financials, DRHP breakdown, peer comparison, shareholding pattern & more