Neochem Bio Solutions IPO sees strong Day 1 demand with 14x subscription

Neochem Bio Solutions opened its SME IPO on December 5 at ₹98 per share and recorded 14.49x subscription on Day 1. Investors showed strong interest due to the company’s biotech focus and product innovation pipeline. The issue remains open until December 8. The healthy early response indicates expectations of long-term growth potential in specialty biotech solutions and applied chemical research.