Biopol Chemicals IPO

Listed SME Chemicals
Open Feb 06
Close Feb 10
Allotment Feb 11
Refund Feb 12
Listing Feb 13

Market Sentiment

Grey Market Premium What is GMP?
+Rs 1
+0.9%
Est. Listing: Rs 109
Updated: Feb 14, 2026 12:00 am
View Full GMP History →
Subscription Status
QIB
21.05x
bNII (>10L)
27.69x
sNII (2-10L)
18.48x
Retail
20.80x
Total
22.39x
Updated: Mar 02, 2026 11:21 pm IST
Analysis Score 44 / 100
Neutral
Data: 80%
GMP Score 35
Subscription Score 40
Financial Health 71

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 2,400 ₹2,59,200
Retail Maximum 2 2,400 ₹2,59,200
S-HNI Minimum 3 3,600 ₹3,88,800
S-HNI Maximum 7 8,400 ₹9,07,200
B-HNI Minimum 8 9,600 ₹10,36,800

IPO Details

Issue Price₹104-108 per equity share
Face Value₹10 Per Equity Share
Lot Size 1200 shares (Min ₹1,29,600)
Total Issue Size ₹31.26 crore
Fresh Share₹31.26 crore
Issue TypeBook build Issue
Lead ManagerSmart Horizon Capital Advisors Pvt. Ltd.
RegistrarBigshare Services Pvt.Ltd.
Listing atNSE
NSE SymbolBIOPOL
ISININE0XW001014
Listing Price₹111.00
Listing Gain+2.78%

IPO Reservation

Category Shares Offered
QIB6,86,400
NII (HNI)10,94,400
bNII > ₹10L7,29,600
sNII < ₹10L3,64,800
Retail9,62,400

Financial Analysis

Financial Data
ROE
38.10%
ROCE
30.57%
Debt/Equity
0.57
NAV/Share
Rs 17.10
Revenue Growth
181.99%
Profit Margin
8.81%
Financial Performance
Metric 2024 2025 Dec 2025
Revenue 17.43 49.15 48.97
Expense 15.72 43.35 40.89
Profit (PAT) 2.96 4.33 6.00
Total Assets 17.56 31.48 48.88
Values in Crores (₹)
Peer Comparison
Company P/E EPS Market Cap (Cr)
Rossari Biotech Limited 20.93 24.63 16
Fineotex Chemical Limited 2.30 9.44 19
Indian Emulsifiers Limited 7.19 10.88 20
Promoters & Holding Pattern

Promoters: Mr. Santanu Sarkar And Mr. Vedant Sarkar

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 79,11,000 89.88%
Promoter Holding Post Issue 1,08,05,400 65.81%

Company Information

About Biopol Chemicals

Since its incorporation in 2023, Biopal Chemicals has been involved in the manufacturing and distribution of specialty chemicals like silicones, emulsifiers, biochemicals, and polyelectrolytes. Its products include 40 silicone-based products, 5 emulsifier-based products, 15 biochemical products, and 6 polyelectrolyte products. From textiles, home care, agriculture, to industrial chemicals, its products are used in various industries. Its 4 manufacturing facilities are located in Gujarat and West Bengal, which can manufacture up to 18,25,000 litres of products every year. Moreover, the business also provides technical consultancy services to customers. Furthermore, Bipol Chemicals follows a B2B model, catering to institutional clients instead of retail.

Objects of the Issue
Purpose Amount (Cr)
Acquisition of industrial land 12.26
Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks, financial institutions and non-banking financial companies 11.10
General Corporate Purpose -

Resources & Documents

Company Contact Information

Biopol Chemicals Ltd, D-211, 2nd Floor, Block-D,, Sumel Business Park-6 Near Dudheshwar Circle, Dudheshwar Tavdipura, Ahmedabad, Gujarat, 380004

Frequently Asked Questions

Biopol Chemicals IPO is SME IPO. The company is going to raise ₹31.26 Crores via IPO. The issue is priced at ₹102 to ₹108 per equity share. The IPO is to be listed on NSE.

The IPO is to open on February 6, 2026 for QIB, NII, and Retail Investors. The IPO will close on February 10, 2026.

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

You can apply for Biopol Chemicals IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

Biopol Chemicals IPO issue size is ₹31.26 crores.

Biopol Chemicals IPO Price Band is ₹102 to ₹108.

The minimum bid is 2,400 Shares with ₹2,59,200 amount.

Biopol Chemicals IPO allotment date is February 11, 2026.

Biopol Chemicals IPO listing date is February 13, 2026. The IPO is to list on NSE.

Understanding Grey Market Premium (GMP)

The Grey Market Premium (GMP) is an unofficial indicator of how an IPO's shares are trading in the grey market before they are officially listed on a stock exchange. It reflects investor sentiment and demand for the IPO shares ahead of listing day.

How does it work? The grey market is an informal, over-the-counter market where investors buy and sell IPO shares before the official listing date. If an IPO has a positive GMP, it suggests that investors expect the stock to list above its issue price. A negative GMP indicates expectations of a listing below the issue price.

Example: If an IPO has an issue price of ₹100 and the GMP is ₹50, the expected listing price would be approximately ₹150 (issue price + GMP). This translates to an estimated listing gain of 50%.

Factors that influence GMP:

  • Subscription levels — Higher subscription typically drives GMP up
  • Market conditions — Bullish markets tend to boost GMP across all IPOs
  • Company fundamentals — Strong financials and growth potential attract premium
  • Industry sentiment — Positive outlook for the sector can increase demand
  • IPO pricing — Reasonably priced IPOs relative to peers tend to command higher GMP

Disclaimer: GMP is an unofficial metric from the grey market and is not regulated by SEBI or any stock exchange. GMP values fluctuate frequently and should not be the sole basis for investment decisions. Always consider company fundamentals, financial health, and your own risk appetite before investing in any IPO.

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