Neochem Bio Solutions IPO listing today. GMP hints at mild premium

Neochem Bio Solutions is set to debut on the NSE SME platform on December 9, with its IPO seeing strong subscription despite a muted grey market. The company, a player in speciality performance chemicals with over 350 formulations, reported significant profit growth. Funds raised will bolster working capital and repay debt, positioning Neochem for a steady market entry.