Neogen Chemicals IPO Opens on April 24th


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Incorporate in 1991, Mumbai based Neogen Chemicals Ltd is engaged in the business of manufacturing of bromine-based compounds, Inorganic Lithium Salts, and Grignard Reagents speciality chemicals.

Apart from the domestic market, It exports products to 27 countries, among them Japan, USA, and Europe consist of the largest markets for Neogen Chemicals. The company has two manufacturing units presently at Karakhadi (Gujarat) and Navi Mumbai (Maharashtra) and is about to open two more units.

The company has manufactured around 198 products including 17 inorganic and 181 organic chemicals as on Feb 28, 2019.

Neogen Chemicals public issue detail:
  • Issue Open: Apr 24, 2019 - Apr 26, 2019
  • Issue Type: Book Built Issue IPO
  • Issue Size: Fresh Issue: Rs 70.00 Cr, Offer for Sale: 2,900,000 Equity Shares
  • Face Value: Rs 10 Per Equity Share
  • Issue Price: Rs 212- Rs 215 Per Equity Share
  • Market Lot: 65 Shares
  • Min Order Quantity: 65 Shares
  • Listing At: BSE, NSE

For more detail visit Neogen Chemicals IPO Detail page.

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