Neogen Chemicals Ltd commenced its business operations in 1991, at its Mahape, Navi Mumbai manufacturing facility with a few Bromine Compounds and Lithium Compounds. Over the years company has expanded its range of products and, presently, manufacture an extensive range of specialty chemicals which find application across various industries in India and globally.
Neogen Chemicals Ltd is one of India’s leading manufacturers of bromine-based, and lithiumbased, specialty chemicals. Specialty chemicals are those chemicals that impart different properties to a variety of products (i.e. the effect that specialty chemicals have varies based on the product) and have a high degree of value addition. Specialty chemicals are, also generally, in the Indian context, manufactured in smaller volumes when compared to nonspecialty chemicals.
Specialty chemicals, including bromine and lithium-based compounds, comprise pharmaceutical intermediates, agrochemical intermediates, engineering fluids, electronic chemicals, polymers additives, water treatment chemicals, construction chemicals and flavours and fragrances.
Neogen Chemicals Limited IPO - Issue Details:
||Neogen Chemicals Limited (View Report)
||100% Book Built Issue IPO
||Issue Opens: Apr 24, 2019
| Issue Closes: Apr 26, 2019
||Rs.212* - Rs.215^ per Equity Share
||Rs.131.48* Crores – Rs.132.35^ Crores
||Rs.10 per Equity Share
||65 Equity Shares and in multiples thereof
|Maximum Bid amount for Retail
||Rs. 2 Lakhs
||50% of the issue size (3,077,907* - 3,100,943^ Equity Shares)
||15% of the issue size (923,372* - 930,283^ Equity Shares)
|Retail Individual Bidders
||35% of the issue size (2,154,535* - 2,170,660^ Equity Shares)
||NSE & BSE
||Link Intime India Pvt Ltd
|Book Running Lead Managers
||INGA Advisors, Batlivala & Karani Securities
* Lower Price Band; ^ Upper Price Band