SSPL Securities Private Limited

Friday 06 Jun, 2025 08:14 AM

Multi Commodity Exchange of India jumps 10% in seven days Intellect Design bags major deal for its digital engagement platform from large South African Bank Reliance Infrastructure Ltd leads losers in 'A' group Williamson Magor & Company Ltd leads losers in 'B' group Rama Steel soars after investment in 225 MW PM-KUSUM solar project TVS Motor promotes MD Sudarshan Venu as chairman effective August 25 Volumes spurt at PNC Infratech Ltd counter Oil and Gas shares slide Tata Consultancy Services Ltd drops for fifth straight session Man Industries gains after bagging Rs 1,150-cr export order Mphasis Ltd rises for third straight session Muthoot Finance Ltd soars 1.04%, rises for fifth straight session Eternal surges as foreign broker reaffirms bullish view RailTel Corp gains on Rs 274-cr Maharashtra traffic management order Power and Instrumentation hits the roof on securing Rs 6.25 cr order

Saravan Stocks

Hot Pursuit

Scrips, which has significant changes during the market hours.

NSE SME Neptune Petro heats up post-listing

04-Jun-25 11:27 Hrs IST

The scrip was listed at Rs 132.75, a premium of 8.81% compared with the initial public offer (IPO) price. The stock was currently up 3.20% over its listing price.

The counter hit a high of Rs 137 and a low of Rs 132.50. About 15.45 lakh shares of the company changed hands at the counter.

Neptune Petrochemicals' IPO was subscribed 3.89 times. The issue opened for bidding on 28 May 2025 and it closed on 30 May 2025. The price band of the IPO was set at Rs 115 to Rs 122 per share.

The IPO comprised fresh issue of 60,00,000 equity shares. The promoter and promoter group shareholding diluted to 69.33% from 94.30% pre-issue.

The company intends to utilize the net proceeds for funding capital expenditure requirements towards the installation of additional plant and machinery and related infrastructure, the purchase of office space, working capital requirements, and general corporate expenses.

Ahead of the Neptune Petrochemicals on 27 May 2025, raised Rs 20.84 crore from anchor investors. The board has allotted 17.09 lakh shares at Rs 122 per share to 3 anchor investors.

Neptune Petrochemicals is engaged in the production, manufacturing, and trading of a comprehensive range of bitumen products, bitumen emulsions, and allied materials. With a diverse product portfolio that includes various grades of bitumen, as well as modified bitumen such as polymer modified bitumen (PMB), crumb rubber modified bitumen (CRMB), and specialized oils, the company serves a wide array of industries, particularly those in construction and industrial applications. By leveraging advanced manufacturing techniques and staying ahead of market trends, Neptune Petrochemicals delivers high-quality, customized solutions tailored to the evolving needs of the road construction and infrastructure sectors. As of 31 March 2025, the company had a total of 68 employees on payroll basis.

The company recorded revenue from operations of Rs 614.33 crore and net profit of Rs 19.47 crore for the period ended 31 December 2024.

Powered by Capital Market - Live News

Attention Investors :

Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.

Attention Investors :

Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.

Attention Investors :

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

Attention Investors :

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

Email ID: info@ssplwealth.com Customers grievances : grievances@ssplwealth.com Compliance officer : Mr.R Udayakumar , compliance@ssplwealth.com, Mobile No: 7305522205

Hit Count : 41367019

Designed , Developed & Content provided by CMOTS INFOTECH.(ISO 9001:2015 certified)