The Neochem Bio Solutions share price listing turned heads on the Indian stock market today, as the stock made a confident entry on the NSE SME platform. The debut set the tone for a solid start, drawing interest from investors tracking SME IPO listings, stock market today trends, and newly listed companies.
With its first trade at a notable premium, the stock instantly became one of the more talked-about SME listings of the day.
Market Performance: Neochem Bio Solutions Share Price Today
The moment the bell rang, the Neochem Bio Solutions share price opened at ₹108 per share. This price itself told a simple story — the stock listed at a 10.2% premium over its IPO price.
Within minutes of listing, the stock moved higher, touching ₹111.20, up around 2.96% from its listing price. For many allottees, this quick move became the key highlight of the morning session.
Key Listing Numbers:
- Listing Price: ₹108
- Premium Over IPO Price: 10.2%
- Intraday Move After Listing: Up to ₹111.20
- Gain After Listing: Nearly 2.96%
This early action placed the Neochem Bio Solutions stock among the more active SME counters for the day.
Main News: What Powered Neochem Bio Solutions’ Listing?
The company entered the public market with a ₹44.97 crore book-built issue, entirely through a fresh issue of 45.88 lakh shares. The subscription journey was strong across categories and hinted at active participation from every segment.
The public issue opened on December 2 and closed on December 4, followed by a smooth post-IPO timeline — allotment was completed on December 5, and shares were credited to demat accounts on December 8.
The demand during the IPO period reflected itself in the subscription numbers:
- Overall Subscription: 15.52 times
- QIB Category: 21.97 times
- NII Category: 21.15 times
- Retail Category: 9.42 times
Before the IPO opened to the public, anchor investors came in on December 1, bringing in ₹12.77 crore by taking up 13.03 lakh shares.
Company Details: What Neochem Bio Solutions Does
Neochem Bio Solutions operates in the speciality performance chemicals sector, a space where precision and customisation matter. The company’s portfolio includes 350+ tailored formulations, making it a supplier for multiple industrial segments.
Its products serve as essential inputs for:
- Textiles and garments
- Home and personal care
- Institutional and industrial cleaning
- Water treatment
- Paints and coatings
- Construction
- Paper and pulp
- Rubber manufacturing
- Dyes and pigments
In short, the company sits at an important intersection of industries that require specialised, consistent, and dependable chemical solutions.
IPO Financial Structure
The IPO proceeds were earmarked for three specific purposes:
- ₹23.90 crore for long-term working capital
- ₹10 crore to repay borrowings
- Remaining amount for general corporate purposes
At the ₹98 upper price band, the company’s pre-IPO valuation stood at ₹167.78 crore, with the equity base increasing to 1.71 crore shares after the issue.
Summary: A Firm Start for Neochem Bio Solutions Shares
The Neochem Bio Solutions share price listing on NSE SME delivered a positive and steady debut. With a 10.2% listing premium, early intraday movement, and strong IPO subscription numbers, the stock’s entry into the Indian stock market drew attention for all the right reasons.
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