Neogen Chemicals Ltd IPO

Closed

Subscription Details

  • Open Date 24 Apr
  • Close Date 26 Apr
  • Lot Size 65
  • IPO Size ₹ 132.35 Cr
  • IPO Price Range ₹ 215
  • Min Investment ₹ 13975

Neogen Chemicals Ltd IPO Timeline

Open Date
24 Apr
Close Date
26 Apr
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial Public Offer of 6,155,813 equity shares* of face value of Rs.10 each (equity shares) of Neogen Chemicals Limited (the company) for cash at a price of Rs. 215 per equity share (including a share premium of Rs. 205 per equity share) aggregating Rs. 132.35 Crores* (offer). The offer comprises of a fresh issue of 3,255,813 equity shares aggregating Rs. 70 Crores by the company (fresh issue) and an offer for sale of 1,699,600 equity shares by haridas thakarshi kanani (promoter selling shareholder) and 1,200,400 equity shares by beena haridas kanani (promoter group selling shareholder, and along with the promoter selling shareholder collectively referred to as the selling shareholders) aggregating Rs. 62.35 Crores (offer for sale). The offer constitutes 26.38%* of the post-offered paid up equity share capital of the company. *subject to finalisation of basis of allotment The face value of the equity shares is Rs.10 each. The Issue price is Rs. 215 and the offer price is 21.50 times the face value of the equity shares. Bids can be made for a minimum of 65 Equity Shares and in multiples of 65 Equity Shares thereafter.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Neogen Chemicals Ltd IPO

Contact Information

Address

1002 10th Flr Opp Cadbury Junc,
Dev Corpora Bldg Off Pok RdNo2,
Thane, Maharashtra 400601

Open Demat Account