Business Standard

Neptune Petrochemicals Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

- cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

NSE - SME

Open Date

-

Close Date

-

Listing Date

-

Latest IPO News

    Neptune Petrochemicals Ltd IPO Details

    Initial public issue of upto 60,00,000 equity shares of Rs.10/- each (equity shares) of Neptune Petrochemicals Limited (npl or the companyor the issuer) for cash at a price of Rs.[*]/- per equity share including a share premium of Rs.[*]/- per equity share (the issue price), aggregating to Rs.[*] croress (the issue), of which upto [*] equity shares of Rs.10/- each for cash at a price of Rs.[*]/- per equity share includinga share premium of Rs.[*]/- per equity share aggregating to Rs.[*] 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 upto [*] equity shares of Rs.10/- each including a share premium of Rs. [*]/- per equity share aggregating to Rs.[*] crores is hereinafter referred to as the net issue. The issue and the net issue will constitute [*]% and [*]%, 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 in consultation with the book running leadmanager (brlm).

    Objective of issue

    Funding capitalexp requirements towards installation of additional plant and machinery. Funding the capital exp for purchase of office space. Funding working capital requirements. General corporate expenses.

    Neptune Petrochemicals Ltd Contact Details

    Neptune Petrochemicals Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - info@neptunepetrochemicals.com

    Website - www.neptunepetrochemicals.com