The eagerly awaited share allotment for the initial public offering (IPO) of Neochem Bio Solutions Ltd is expected to be finalised on Friday, December 5, 2025. The specialty performance chemicals manufacturer's SME IPO, which witnessed a robust subscription, closed for bidding on Thursday, December 4.
Key Dates and IPO Subscription Details
The public issue was open for subscription from December 2 to December 4, 2025. The company aims to list its equity shares on the NSE Emerge platform on Tuesday, December 9, 2025. According to the schedule, the basis of allotment will be finalised soon after which shares will be credited to successful investors' demat accounts on December 8. Refunds for unsuccessful bidders will also be initiated on the same day.
Neochem Bio Solutions raised ₹44.97 crore through a fresh issue of 45.88 lakh shares, with a price band of ₹93 to ₹98 per share. The issue was met with strong investor demand, getting subscribed 15.52 times overall. The breakdown reveals overwhelming interest from institutional investors: the Qualified Institutional Buyers (QIB) portion was booked 21.97 times, while the Non-Institutional Investors (NII) category saw 21.15 times subscription. The Retail Individual Investors (RII) segment was subscribed 9.42 times.
How to Check Your Neochem Bio Solutions IPO Allotment Status
Investors who applied for the IPO can check their allotment status online through two primary portals: the National Stock Exchange (NSE) website and the website of the official registrar, MUFG Intime India Pvt. Ltd.
Checking Status on the NSE Website
- Visit the NSE allotment status page at the designated URL.
- Select the option for 'Equity and SME IPO bids'.
- From the 'Issue Name' dropdown menu, choose 'Neochem Bio Solutions Limited'.
- Enter your Permanent Account Number (PAN) and the Application Number.
- Click on 'Submit' to view your allotment status on the screen.
Checking Status on the Registrar's Portal
- Go to the MUFG Intime India website for public issues.
- In the 'Select Company' dropdown, choose Neochem Bio Solutions Limited.
- Select your preferred search method: PAN, Application Number, DP ID, or Account Number.
- Enter the relevant details as per your selection.
- Click on 'Search' to display your IPO allotment status.
Grey Market Premium and Estimated Listing Gains
In the unofficial grey market, Neochem Bio Solutions shares are commanding a premium today. The current Grey Market Premium (GMP) is ₹6 per share. This indicates that shares are trading at ₹104 in the unlisted market, which is a premium of over 6% to the upper end of the IPO price band of ₹98.
This positive GMP signals market expectations of a healthy listing gain when the shares debut on the NSE Emerge platform next week. The book running lead manager for the issue is Vivro Financial Services Pvt. Ltd.
