Neogen IPO

Neogen Chemicals Limited
Rs 212 to Rs 215
From to

About Company Neogen Chemicals Limited permalink

Neogen Chemicals Limited was established in 1989 . Currently, it is having head office in Maharashtra. Neogen works in the sector of Neogen Chemicals Limited is work in chemical sector. . Neogen has experience of 31 .

It is one of the famous and leading manufacturers of bromine-based, and lithium-based, specialty chemicals. Following are the firm’s possibility to stand in market of Chemicals products:- 1. Organic Chemicals:- Under such chemicals, the firm includes carbon in combination with hydrogen, and, or, other elements with a covalent bond (i.e. a chemical bond atoms sharing at least one pair of electrons between them). 2. Inorganic Chemicals:- These chemicals includes an ionic bond and Lithium Compounds. Lithium compounds are used in eco-friendly Vapor Absorption Machines (VAM) for cooling air/water/process equipment and find application in industries like heating ventilation and air-conditioning (HVAC) and refrigeration, construction chemicals, pharmaceutical and specialty polymer.

For the year ended 31-Mar-18 Rs.1,646.75 Company revenue (in Million). For the year ended 31-Mar-18 Rs. 104.97 Company profit (in Million). Neogen Chemicals Limited Company's promotors are as under: 1) Haridas Thakarshi Kanani 2) Harin Haridas Kanani

  • Email : neogen.ipo@ingaadvisors.com
  • Website : Website: www.ingaadvisors.com
  • Phone : +91 22 2681 6003

Neogen IPO Details permalink

Neogen IPO issue open date is 24th April 2020 and close date is 26th April 2020 . The face value for Neogen Chemicals Limited IPO is Rs 10 per equity share. The total IPO size is approx Rs 132 crore.

The price band for Neogen is Rs 212 to Rs 215. The lot size for Neogen IPO is a minimum of 65 shares to maximum 910 shares. This IPO will be listed on BSE and NSE. Neogen IPO total equity is 2900000 shares.

Neogen IPO Date and Price Band permalink

Neogen IPO Date and Price Band
IPO Open:24th April 2020
IPO Close:26th April 2020
Price Band:Rs 212 to Rs 215
Face Value:Rs 10 per equity share
IPO Size:Rs 132 crore
Listing on:BSE and NSE
Retail Portion:50.14%
Equity (Issue Size):2900000 Shares

Neogen IPO Market Lot and Investment Amount permalink

To invest in Neogen Chemicals Limited's initial public offering starting from 24th April 2020 you need to invest minimum Rs 13780, however you can also invest up to Rs 195650, considering the upper price of IPO Rs 215 and maximum allottable shares (910 shares). To apply for the maximum number of share you need to bid for 14 lots, one lot is having 65 shares.

Neogen IPO Market Lot and Investment Amount
Minimum Lot Size:65 shares (1 Lot)
Maximum Lot Size:910 shares (14 lots)
Minimum Investment:Rs 13780
Maximum Investment:Rs 192920

Neogen IPO Subscription Status permalink

Neogen IPO was subscribed only 41.18 Times times. Which is considered as a poor subscription compared to other IPOs. Qualified Institutional Buyers (QIBs) like banks, mutual funds and other registered financial institutes were reserved for 1228094 shares and received bids for 37444586 shares which is 30.49 times of total meant for QIB category.

Neogen Chemicals Limited's IPO was subscribed 27% on the first day.

Non Institutional Investors (NII) includes individuals , companies trusts who bid for more than 2 lakhs. The total number of shares reserved for NII investors were 930283 and bid for 105940628 shares received . Bid from NII for Neogen Chemicals Limited's IPO is 113.88 times of total meant for NII category.

Retail Individual Investors (RIIs) includes individuals investors who can apply up to Rs 2,00,000 in IPO . The total number of shares reserved for RII investors were 2170661 and bid for 34426683 shares received . Bid from RII for Neogen 's IPO is 15.86 times of total meant for RII category.

The total number of shares offered were 4329038 and bid for 177793590 shares received .

Neogen IPO Subscription Status
Qualified Institutional Buyers (QIBs)
Shares Allotted:1228094 shares
Shares Bid Received:37444586 shares
Over Subscription in QIB:30.49 times
Non Institutional Investors (NIIs)
Shares Allotted:930283 shares
Shares Bid Received:105940628 shares
Over Subscription in NII:113.88 times
Retail Individual Investors (RIIs)
Shares Allotted:2170661 shares
Shares Bid Received:34426683 shares
Over Subscription in RII:15.86 times
Total
Total Shares Allotted:4329038 shares
Total Shares Bid Received:177793590 shares
Over Subscription Total:41.18 Times times

Neogen IPO Allotment and Listing permalink

Neogen IPO got listed on . Neogen IPO listed with 0% Loss on NSE (NEOGEN) at Rs 215 and BSE (542665) at Rs 215. The allotment ratio for the Neogen IPO remains at NA.

Neogen IPO Allotment and Listing
Listing Date:
Issue Price:Rs 215
BSE Listing Price:Rs 215
NSE Listing Price:Rs 215
Return (In Rupees):Rs 0
Return (In Percentage):0%
Sector :Chemical
BSE Group :NA
BSE Code:542665
NSE Code:NEOGEN
ISIN :INE136S01016

Neogen IPO FAQ permalink

Frequently Asked Questions related to the Neogen IPO

When Neogen IPO is expected? permalink

Neogen IPO is not publised yet, it may be available in October 2020

What is Neogen IPO? permalink

Neogen initial public offering of 2900000 equity shares of the face value of Rs 10 aggregating up to ₹ 132 Crores. Neogen IPO issue open date is 24th April 2020 and close date is 26th April 2020 .

When Neogen IPO will open and close? permalink

Neogen IPO issue open date is 24th April 2020 and close date is 26th April 2020 .

What is the lot size of Neogen IPO? permalink

The lot size for Neogen IPO is 65 shares.

What is the price band of Neogen IPO? permalink

The price band for Neogen is Rs 212 to Rs 215.

What is the minimum investment amount for Neogen IPO? permalink

The minimum investment amount for Neogen IPO is Rs 13780.

What is the Neogen IPO investors portion? permalink

For retail investors (RII) 50.14% is allotted for investment. For NII 21.49% and QIB 28.37% is allotted.

What is the Neogen IPO listing date? permalink

Neogen IPO listing date is 13th October 2020.

What is Neogen IPO subscription on the first day? permalink

Neogen IPO subscribed 27 % on the first day.

What is Neogen IPO subscription? permalink

Neogen IPO was subscribed only 41.18 Times times.

What is Neogen IPO listing date? permalink

Neogen IPO listing date is 13th October 2020.

What is Neogen IPO listing price? permalink

Neogen IPO listing price is 215.

What is Neogen IPO return? permalink

Neogen IPO listing price is 215 and issue price was Rs 215. Return from Neogen IPO is Rs 0 per equity share which is 0% .

What is BSE code for Neogen ? permalink

Neogen BSE code is 542665.