Mumbai, Dec. 9 -- The stock listed at Rs 108, a 10.20% premium to the IPO price, and is currently up 4.54% over the listing price. It touched a high of Rs 113.40 and a low of Rs 102.60, with 23.81 lakh shares traded on the exchange.

Neochem Bio Solutions' IPO was subscribed 14.48 times. The issue opened for bidding on 2 December 2025 and it closed on 4 November 2025. The price band of the IPO was fixed between Rs 93 to Rs 98 per share.

The IPO comprised a fresh issue of 45,88,800 equity shares. The company intends to utilize the net proceeds for funding the long-term working capital requirements of the company, repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the company and general corporate pu...