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
NII
24.62x
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
Score updates live as GMP/subscription change. For information only — not investment advice.

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 Shares %
QIB6,86,40025.02%
NII (HNI)10,94,40039.90%
bNII > ₹10L7,29,60026.60%
sNII < ₹10L3,64,80013.30%
Retail9,62,40035.08%

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
Budget to Lots Calculator

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 EPS P/E Market Cap (Cr)
Rossari Biotech Limited 24.63 20.93 16
Fineotex Chemical Limited 9.44 2.30 19
Indian Emulsifiers Limited 10.88 7.19 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%

Strengths & Risks

Strengths
  • Heavily oversubscribed — 22.4x overall (final).
  • Strong institutional (QIB) demand — 21.1x.
  • Revenue grew 182% in the latest reported year.
  • Solid profit margin — 8.8%.
  • Strong return on equity — 38%.
Risks & Concerns

No major red flags in the available data.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

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

Biopol Chemicals IPO — Quick Take

Biopol Chemicals has set a price band of Rs 104–Rs 108 per share for an issue size of Rs 31 crore in the chemicals sector. The stock listed with a 2.78% gain versus its issue price on February 13, 2026.

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. The company operates in the chemicals space.

The issue is promoted by Mr. Santanu Sarkar And Mr. Vedant Sarkar with Smart Horizon Capital Advisors Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Acquisition of industrial land (Rs 12 crore) and Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks, financial institutions and… (Rs 11 crore).

Grey market is quoting a premium of +Rs 1 (+0.9% over issue price), down Rs 3 from the previous session. Final subscription data records overall subscription at 22.39x, retail at 20.80x, QIB at 21.05x, NII at 24.62x.

On fundamentals, the company is posting revenue growth of 182.0%, a profit margin of 8.8%, return on equity of 38.1% in its most recent reported period. Listed peers in this segment include Indian Emulsifiers Limited (P/E 7.19x, market cap Rs 20 crore) and Fineotex Chemical Limited (P/E 2.30x, market cap Rs 19 crore) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.

Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Biopol Chemicals IPO is Rs 104 to Rs 108 per share. Face value is Rs 10 per share.

The total issue size of Biopol Chemicals IPO is Rs 31 crore, comprising fresh issue of Rs 31 crore.

Retail investors must apply for a minimum of 1 lot of 1200 shares, requiring an investment of Rs 1,29,600.

Biopol Chemicals IPO opens for subscription on February 06, 2027 and closes on February 10, 2027.

The expected allotment date for Biopol Chemicals IPO is February 11, 2026. Refunds for unsuccessful applicants are expected on February 12, 2026.

Biopol Chemicals IPO is scheduled to list on February 13, 2026 on NSE. BSE script code: –, NSE symbol: BIOPOL, ISIN: INE0XW001014.

The current GMP (Grey Market Premium) of Biopol Chemicals IPO is +Rs 1 (+0.9% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Biopol Chemicals IPO is currently subscribed 22.39 times overall — retail at 20.80x, QIB at 21.05x, NII at 24.62x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 20.80x for Biopol Chemicals IPO, the estimated retail allotment probability is approximately 4.8%. This is a low probability — approximately 5 out of every 100 retail applications may receive allotment.

The registrar for Biopol Chemicals IPO is Bigshare Services Pvt.Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Biopol Chemicals IPO are Smart Horizon Capital Advisors Pvt. Ltd..

The promoter(s) of Biopol Chemicals are Mr. Santanu Sarkar And Mr. Vedant Sarkar.

Biopol Chemicals IPO GMP — What It Means

The latest grey market premium for Biopol Chemicals IPO is ₹1 (+0.9%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Biopol Chemicals it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

See the full Biopol Chemicals GMP history and trend, or learn how grey market premium works and how reliable it is.

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