Forthcoming

Neogen Chemicals Ltd ( NEOGEN ) IPO

Neogen Chemicals Ltd company IPO listing under the ticker name NEOGEN. IPO open offer available for bidding 24  to  26 Apr  2019. Neogen Chemicals Ltd is a 27 years old company specialising in Bromine based compounds, Grignard Reagents and Inorganic Lithium Salts. The company was founded by Mr H T Kanani, a chemical engineer from IIT Mumbai. Neogen family has more than 150 members consisting of technically qualified people with PhD & Bachelors in Chemical Engineering.

Apart from Bromination and Grignard chemistry, Neogen has also developed competencies in other related chemistries like Alkylation, Acylation, Friedel Craft,Couplings Chlorination etc. With the acquisition of a new manufacturing site in Karkhadi, Vadodara, we are able to carry out multiple step synthesis in equipment of various sizes. Neogen is also focusing on Custom Synthesis and Contract Manufacturing.

Apart from catering to the domestic market, the company has, so far, exported to 27 countries in the world including USA, UK, France, Germany, Spain, Italy, Japan, Mexico, Canada, South Korea, Netherlands, Belgium, Switzerland, Sweden, Denmark, Greece, Poland, Czech Republic, UAE, Saudi Arabia, Israel, Egypt, Taiwan, Australia, Ireland, and China. Among these, Europe (UK, Spain, France, Germany and Italy), USA, and Japan remain the largest markets outside of India.

                                    Neogen Chemicals Limited

*Retail Individual Investors shall use Unified Payments Interface (UPI) as an additional payment mechanism with Application Supported by Block Amount (ASBA) for making payments. *All Other Category of investors shall mandatorily use only Application Supported by Blocked Amount (ASBA) facility for making payments.
Symbol NEOGEN
Issue Period 24-Apr-2019 to 26-Apr-2019
Post issue Modification Period 27-Apr-2019 and 30-Apr-2019 (10.00 A.M. to 1.00 P.M.)
Cut-off time for UPI Mandate Confirmation 02-May-2019 (upto 12:00 PM)
Issue Size Initial Public offer of Up to [.] Equity Shares comprising of fresh issue of up to Rs. 700 Million and Offer for Sale of up to 29,00,000 Equity Shares
Issue Type 100% Book Building
Price Range Rs.212 to Rs.215
Face Value Rs 10
Tick Size Re 1
Bid Lot 65 Equity Shares and in multiples thereof
Minimum Order Quantity 65 Equity Shares
Maximum Subscription Amount for Retail Investor Rs. 2,00,000
IPO Market Timings 10.00 a.m. to 5.00 p.m.
Book Running Lead Managers Inga Advisors Private Limited and Batlivala & Karani Securities India Private Limited
Syndicate Members Batlivala & Karani Securities India Private Limited, Bonanza Portfolio Limited and Hem Securities Limited
Sponsor Bank HDFC Bank Limited
Self Certified Syndicate Banks (SCSBs) eligible as Issuer Banks for UPI Issuer Banks for UPI
Categories FI, IC, MF, FII, OTH, CO, IND and NOH
Name of the Registrar Link Intime India Private Limited
Address of the Registrar C-101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli (West), 400 083, Mumbai, Maharashtra, India
Contact person name number and Email id Shanti Gopalkrishnan, neogenchem.ipo@linkintime.co.in, +91 22 4918 6200
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