
Biopol Chemicals Limited is a specialty chemicals company engaged in the manufacturing and distribution of silicones, emulsifiers, biochemicals, and polyelectrolytes. Its product portfolio of 66 items serves diverse industries including textiles, home care, agriculture, and industrial chemicals. The company operates on a business-to-business model, utilizing both direct sales and a distributor network to serve domestic markets like West Bengal and Gujarat, as well as international clients, primarily in Bangladesh. Biopol Chemicals Limited also offers technical consultancy services to support its customers in product application and formulation.
Feb 06, 2026
Feb 10, 2026
Feb 13, 2026
SME
Closed
31.26 Cr
31.26 Cr
0 Cr
₹102 - ₹108
1200
The main objectives of the issue are to utilize the net proceeds for the following purposes:
Acquisition of industrial land admeasuring 30,687 square feet in Vatva Industrial Estate, Ahmedabad, Gujarat, to facilitate capacity expansion, fulfill increasing demand, and establish a new manufacturing unit.
Repayment or prepayment, in full or in part, of borrowings availed by the company from banks, financial institutions, and non-banking financial companies, which will help reduce outstanding indebtedness and debt servicing costs.
Funding general corporate purposes, which may include operating expenses, strategic initiatives, partnerships, meeting business exigencies, and driving overall business growth.
19.73
5.47
36.32%
26.32%
30.74%
—
12.29%
18.41%
4.37
Strong and confirmed order book of approximately ₹11.49 crores as of September 2025, indicating healthy demand.
Established manufacturing unit with key quality certifications including ISO 9001:2015, ISO 14001:2015, and ZDHC Level 3.
Strategic presence in key industrial hubs of Gujarat and West Bengal, enhancing market access and logistical efficiency.
Led by an experienced promoter and management team with over two decades of industry expertise in specialty chemicals.
Significant revenue dependence on the textile industry, making the business vulnerable to sector-specific downturns.
High geographical concentration with a majority of revenue derived from West Bengal, Gujarat, and Bangladesh.
Heavy reliance on a limited number of suppliers for critical raw materials, posing potential supply chain risks.
High customer concentration, with a substantial portion of revenue coming from a small number of key clients.
Expansion into the Gujarat industrial hub to augment production capacity and cater to growing market demand.
The Indian chemical industry is projected to grow significantly, offering a large domestic market for expansion.
Increasing global demand for specialty chemicals as supply chains shift, creating new export opportunities beyond Bangladesh.
Potential to diversify into other end-use industries to reduce dependency on the textile sector.
Operates in a highly competitive specialty chemicals market with intense pressure from domestic and international players.
Vulnerability to political instability, adverse trade policies, or economic slowdowns in key operational regions.
Risks associated with improper handling or spoilage of chemical products, which could lead to reputational damage.
Potential for supply chain disruptions due to reliance on third-party logistics and a concentrated supplier base.
Biopol Chemicals Limited is a specialty chemicals company engaged in the manufacturing and distribution of silicones, emulsifiers, biochemicals, and polyelectrolytes. Its product portfolio of 66 items serves diverse industries including textiles, home care, agriculture, and industrial chemicals. The company operates on a business-to-business model, utilizing both direct sales and a distributor network to serve domestic markets like West Bengal and Gujarat, as well as international clients, primarily in Bangladesh. Biopol Chemicals Limited also offers technical consultancy services to support its customers in product application and formulation.
The Biopol Chemicals Ltd. IPO is scheduled to open for subscription on Feb 06, 2026 and close on Feb 10, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Biopol Chemicals Ltd. IPO is ₹102 to ₹108. Investors can place bids within this range once the issue opens.
The minimum lot size for the Biopol Chemicals Ltd. IPO is 1200 shares. The minimum investment amount ₹1,29,600.
The total issue size of the Biopol Chemicals Ltd. IPO is approximately ₹31.26. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Biopol Chemicals Ltd. IPO has been subscribed 1.68 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Biopol Chemicals Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Biopol Chemicals Ltd. are expected to list on stock exchanges on Feb 13, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Biopol Chemicals Ltd. IPO are proposed to be used for The main objectives of the issue are to utilize the net proceeds for the following purposes:, Acquisition of industrial land admeasuring 30,687 square feet in Vatva Industrial Estate, Ahmedabad, Gujarat, to facilitate capacity expansion, fulfill increasing demand, and establish a new manufacturing unit., Repayment or prepayment, in full or in part, of borrowings availed by the company from banks, financial institutions, and non-banking financial companies, which will help reduce outstanding indebtedness and debt servicing costs., Funding general corporate purposes, which may include operating expenses, strategic initiatives, partnerships, meeting business exigencies, and driving overall business growth.
Before applying for the Biopol Chemicals Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.