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Neogen Chemicals Ltd.

Neogen Chemicals Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹215
₹215
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹215
Based on GMP
Min. Investment
₹13,975
1 lot × 65 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
24 Apr 2019
Close Date
26 Apr 2019
Allotment
03 May 2019
Listing Date
08 May 2019
Exchange
NSE & BSE
Price Band
₹215
Listing Price
See chart
Allotment Status
Price Band
₹215
Per share
Face Value
₹10 per share
 
Lot Size
65 Shares
per lot
Issue Size
61,55,813 shares (aggregating up to ₹132.35 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹13,975
1 lot
Pre-IPO Holding
2,00,78,793 shares
Promoters
Post-IPO Holding
2,33,34,606 shares
Promoters
UPI Deadline
2019-04-26
Mandate
Anchor AllotmentTue, 23 Apr 2019
Basis of AllotmentFri, 03 May 2019
Refund InitiationMon, 06 May 2019
Demat CreditTue, 07 May 2019
Listing DayWed, 08 May 2019
UPI Mandate Deadline2019-04-26
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares32,55,813 shares (aggregating up to ₹70.00 Cr)
Offer for Sale29,00,000 shares of ₹10 (aggregating up to ₹62.35 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Neogen Chemicals Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 26 Apr 2019.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,155,813
100% ₹132.35
IPO Shares Offered
Neogen Chemicals Ltd. IPO total issue size: ₹132.35 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 6,155,813 ₹132.35
100.00%
* Based on upper price band ₹215 per share
Lot Size & Investment
Lot Size
65
Shares per Lot
Issue Price
₹215.00
Upper Band
Min Investment
₹13,975
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2130₹27,950
Retail (Max — 14 Lots)14910₹195,650
S-HNI (Min — 15 Lots)15975₹209,625
B-HNI (Min — 72 Lots)724,680₹1,006,200
* Issue Price ₹215 × Lot Size 65 shares
IPO Schedule
Anchor
23 Apr 2019
✓ Done
IPO Open
24 Apr 2019
✓ Done
IPO Close
26 Apr 2019
✓ Done
Allotment
03 May 2019
✓ Done
Refunds
06 May 2019
✓ Done
Demat Credit
07 May 2019
✓ Done
Listing Day
08 May 2019
✓ Done
Neogen Chemicals Ltd. — Live Price LIVE
₹215.00
INR · BSE
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Issue ₹215.00 Live Price
About Neogen Chemicals Ltd.
Incorporated in 1991, Neogen Chemicals is Mahape, Navi Mumbai based manufacturer of bromine-based and lithium-based specialty chemicals in India. Neogen makes both organic and inorganic chemical compounds.These specialty chemicals are used in pharmaceutical intermediates, agrochemical intermediates, engineering fluids, electronic chemicals, polymers additives, water treatment chemicals, construction chemicals, and flavors and fragrances.As on February 28, 2019, we have manufactured an aggregate of 198 products comprising 181 organic chemicals and 17 inorganic chemicals. The company markets and sells products in India, Europe, Japan, and the USA.The manufacturing units of the company are located in Navi Mumbai in Maharashtra and Karakhadi, Vadodara in Gujarat. Neogen is proposing to expand its manufacturing facilities by setting up new units at Vadodara Facility and the Dahej Facility. The Proposed Dahej Facility is a green-field manufacturing facility for manufacturing inorganic chemical products.The company annually manufactures 1,30,400 liters of organic chemicals and 1,200,000 Kg. of inorganic chemicals.The competitive strengths of the company are:1. Wide product range2. Stable customer base3. A specialized business model with high entry barriers4. Continuous investment in R&D5. Highly knowledge-intensive industry6. Stable suppliers
Objects of the Issue
1
1 Prepayment or repayment of all or a portion of certain borrowings availed by the Company
2
2 Redemption of 9.8% FRCPS
3
3 Long term working capital
4
4 General corporate purposes
Neogen Chemicals Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹1,214.7
31-Mar-17
₹1,640.1
31-Mar-18
₹1,592.3
31-Dec-18
Profit After Tax (PAT)
₹76.8
31-Mar-17
₹105.0
31-Mar-18
₹122.2
31-Dec-18
Particulars31-Dec-1831-Mar-1831-Mar-17
Revenue from Operations 1592.31 1640.12 1214.67
EBITDA N/A N/A N/A
Profit After Tax (PAT) 122.21 104.97 76.83
Net Worth N/A N/A N/A
Total Assets 2374.06 1800.53 1523.15
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered61,55,813 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding2,00,78,793 shares
Post-Issue Promoter Holding2,33,34,606 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Batlivala & Karani Securities India Pvt.Ltd.
Inga Ventures Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Neogen Chemicals Ltd. IPO subscribed?

Neogen Chemicals Ltd. IPO is subscribed 1.00 times by Apr 26, 2019. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Neogen Chemicals Ltd. IPO retail subscription status?

The Neogen Chemicals Ltd. IPO retail category is subscribed 1.00 times as of 26 Apr 2019. The retail portion is oversubscribed.

How to subscribe Neogen Chemicals Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 24 Apr 2019 and closes 26 Apr 2019. Min investment: ₹13,975 (1 lot = 65 shares). UPI mandate: 2019-04-26.

How many times Neogen Chemicals Ltd. IPO subscribed?

The Neogen Chemicals Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Neogen Chemicals Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 03 May 2019. Refunds: on 06 May 2019.

When Neogen Chemicals Ltd. IPO will be listed?

The Neogen Chemicals Ltd. IPO listing date is 08 May 2019, Wednesday. Listed on: NSE & BSE. Issue price: ₹215. Estimated listing: ₹215. GMP: NIL.

When Neogen Chemicals Ltd. IPO close?

The Neogen Chemicals Ltd. IPO closes on 26 Apr 2019, Friday. UPI mandate: 2019-04-26. Allotment: 03 May 2019. Listing: 08 May 2019.