The Biopol Chemicals Ltd IPO 2026 is one of the upcoming SME IPOs in India, inviting investors to participate in the growth of a speciality chemicals manufacturer based in Ahmedabad, Gujarat, India. The IPO is a book-building issue on the NSE EMERGE platform and consists entirely of a fresh issue of shares. (IPO UPDATES)
📅 IPO Important Dates
| Event | Date |
|---|---|
| IPO Opens On | 6 Feb 2026 |
| IPO Closes On | 10 Feb 2026 |
| Basis of Allotment | 11 Feb 2026 |
| Initiation of Refunds | 12 Feb 2026 |
| Shares Credit to Demat | 12 Feb 2026 |
| IPO Listing Date | 13 Feb 2026 |
The IPO window is open for 5 days, and allotment is expected soon after closure, before the listing on the NSE EMERGE platform.
💰 Price Band, Lot Size & Investment
Here’s how the pricing and minimum investment requirements stack up:
| Detail | Information |
|---|---|
| Price Band | ₹102 – ₹108 per share |
| Face Value | ₹10 per share |
| Lot Size | 1,200 shares |
| Min Retail Investment | ₹2,59,200 (2 lots @ ₹108) |
| Min HNI Investment | More, with multiples of lot size |
| Issue Type | SME Book Building IPO |
| Listing On | NSE EMERGE |
The price band means you bid within ₹102 to ₹108 per share. The lot size determines the minimum shares you must apply for — in this case, 1,200 shares per lot.
🧪 Company Overview – What They Do
Biopol Chemicals Ltd is a Gujarat-based company specialising in the manufacturing and distribution of speciality chemicals. Their portfolio includes:
- Silicones & silicone-based products
- Emulsifiers
- Biochemicals
- Polyelectrolytes
- Products used in textiles, home care, agriculture, construction, and chemical applications.
The company sells to a mix of domestic and overseas clients and uses a business-to-business (B2B) model, either directly or through distributors.
📊 Why This IPO Matters
🌟 Key Highlights
- SME Platform Listing: Biopol Chemicals is entering NSE EMERGE, which is suited for growing mid-size companies.
- Growth Sector: Speciality chemicals are widely used in textiles, coatings, construction, and agriculture — sectors showing healthy demand.
- Fresh Issue: The IPO is 100% fresh, meaning proceeds go into supporting business growth, such as land acquisition, equipment, and debt repayment.
📈 Financial Snapshot (Summary)
Here’s a brief look at how Biopol Chemicals performed financially in recent years (based on data compiled from RHP/prospectus filings):
| Financial Metric | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Revenue (₹ Cr) | ~19.3 | ~17.4 | ~49.1 |
| Net Profit / PAT (₹ Cr) | ~0.54 | ~1.28 | ~4.34 |
| EBITDA Margin | ~8.1% | ~17.4% | ~13.3% |
| Debt/Equity | ~3.7 | ~0.39 | ~0.57 |
These figures indicate accelerated revenue growth, improving profitability, and gradually strengthening leverage, which is a positive sign for a manufacturing company.
📋 Use of IPO Funds
The company plans to use IPO proceeds primarily for:
- Acquisition of industrial land
- Repayment/prepayment of borrowings
- General corporate purposes
This helps strengthen the company’s balance sheet and support future expansion.
⚖️ Strengths & Risks
✔️ Strengths
- Diverse Speciality Chemical Portfolio: Products serve multiple industries — reducing over-dependence on a single segment.
- Rapid Growth: Large improvements in revenue and profits in recent years.
- Focused SME Enterprise: Positioned in a niche chemicals segment with rising demand.
⚠️ Considerations / Risks
- Short Track Record: As a newer company, long-term performance is yet to prove consistency.
- Market Dependency: Heavy exposure to industrial end-use segments like textiles and construction could affect results during downturns.
- Raw Material Price Volatility: Chemical manufacturing depends on stable input costs, which can fluctuate.
📝 Allotment and After-IPO Steps
After the IPO closes on 10 Feb 2026:
- Basis of Allotment: 11 Feb 2026
- Refunds & Shares Credit: 12 Feb 2026
- Trading Begins: 13 Feb 2026 on NSE EMERGE
To check allotment status once it’s out, visit the Registrar (Bigshare Services Pvt. Ltd.) website and enter your PAN / application number / Demat details.
📌 Summary at a Glance
| Feature | Detail |
|---|---|
| IPO Date | 6–10 Feb 2026 |
| Price Band | ₹102–₹108 |
| Lot Size | 1,200 shares |
| Issue Size | ₹31.26 Crore |
| Listing | 13 Feb 2026 (NSE EMERGE) |
Disclaimer
The information shared here is intended solely for educational and general awareness purposes. Any securities, investments, or IPO-related details mentioned should not be interpreted as financial advice or investment recommendations. Readers are encouraged to conduct their own independent research or seek guidance from a qualified financial professional before making investment decisions.
IPO-related updates are provided for informational use only. Market trends, past performance, or investor interest do not ensure future outcomes. We are not registered with SEBI. Investments in IPOs and the securities market involve inherent risks, and individuals should carefully evaluate their financial situation or consult a certified financial advisor before investing.
