Neogen Chemicals IPO Details

Neogen Chemicals IPO to hit the market on 24-April & close on 26-April. The company is going to raise around 70 crore via fresh issue and offer for sale of 29,00,000 shares. The company is a manufacturer of speciality organic bromine-based chemical compounds. The also manufacture speciality inorganic lithium-based chemicals compounds. The company is in the market since 1991 and they have manufacturing facility at Navi Mumbai. The product range of speciality chemicals which includes Water treatment chemicals, electronic chemicals, pharmaceutical intermediates, polymers additives, engineering fluids, and construction chemicals are speciality chemicals. These chemicals are used in multiple industries based on the requirements. Other products are organic bromine compounds, inorganic lithium compounds and other organic and inorganic chemical products. The company produces a range of products for domestic and global markets.

Neogen Chemicals IPO Review:

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Neogen Chemicals IPO Dates & Price Band: (Tentative)

• IPO Open: 24-April-2019
• IPO Close: 26-April-2019
• IPO Size: Approx Rs.132 Crore
• Face Value: Rs.10 Per Equity Share
• Price Band: Rs.212 to 215 Per Share
• Listing on: BSE & NSE
• Retail Portion: 35%
• Equity: 29,00,000 Shares

Neogen Chemicals IPO Market Lot:

• Shares: Apply for 65 Shares (Minimum Lot Size)
• Amount: Rs.13975

Neogen Chemicals IPO Allotment & Listing:

• Basis of Allotment: 03-May-2019
• Refunds: 06-May-2019
• Credit to demat accounts: 07-May-2019
• Listing: 09-May-2019

Listed Industry Peer Group Companies:

• Aarti Industries
• Atul Industries
• Navin Flourine
• Paushak
• Vinati Organics

Neogen Chemicals Financial:

Rs. in Crore
	Revenue	Expense	PAT
2015	92.5	84.4	5.0
2016	109.0	100.6	5.1
2017	121.8	110.3	7.2
2018	164.7	147.4	10.5
2019	159.7	142.8	12.3

Neogen Chemicals IPO Subscription Numbers (Fully Subscribed) :

Category	Day 1	Day 2	Day 3
QIB	0.00	0.95	30.49
HNI	0.10	1.12	113.88
RII	0.50	3.15	15.86
EMP	N/A	N/A	N/A
Total	0.27	2.09	41.07

Company Promoters:

• Haridas Thalarshi Kanani
• Harin Haridas Kanan

Neogen Chemicals IPO Registrar:

LINK INTIME INDIA PRIVATE LIMITED

Fax: +91 22 4918 6195

E-mail: neogenchem.ipo@linkintime.co.in

Investor Grievance E-mail: neogenchem.ipo@linkintime.co.in

Website: www.linkintime.co.in

Note: Check Neogen Chemicals ipo allotment status on Linkintime website allotment url. Click Here

Neogen Chemicals IPO Lead Managers:

• INGA ADVISORS PRIVATE LIMITED
• BATLIVALA  &  KARANI  SECURITIES  INDIA  PRIVATE LIMITED

Company Address:

Neogen Chemicals Limited

1002, 10th Floor,

Dev Corpora Bldg,

Opp. Cadbury Junction,

Off Pokhran Road No. 2,

Khopat, Thane - 400601,

Maharashtra

Tel:+91 22 25497300

Fax:+91 22 2549 7399

Email:investor@neogenchem.com

Website: www.neogenchem.com