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Neogen Chemicals IPO Dates & Price Band: (Tentative)
- IPO Open: 24-April-2019
- IPO Close: 26-April-2019
- IPO Size: Approx Rs.132 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.212 to 215 Per Share
- Listing on: BSE & NSE
- Retail Portion: 35%
- Equity: 29,00,000 Shares
Neogen Chemicals IPO Market Lot:
- Shares: Apply for 65 Shares (Minimum Lot Size)
- Amount: Rs.13975
Neogen Chemicals IPO Allotment & Listing:
- Basis of Allotment: 03-May-2019
- Refunds: 06-May-2019
- Credit to demat accounts: 07-May-2019
- Listing: 08-May-2019
- Aarti Industries
- Atul Industries
- Navin Flourine
- Paushak
- Vinati Organics
Read Also
IPO Grey Market Premium
IPO Subscription Numbers
IPO Listing Date
Neogen Chemicals Financial:
| Rs. in Crore | |||||
| Revenue | Expense | PAT | |||
| 2015 | 92.5 | 84.4 | 5.0 | ||
| 2016 | 109.0 | 100.6 | 5.1 | ||
| 2017 | 121.8 | 110.3 | 7.2 | ||
| 2018 | 164.7 | 147.4 | 10.5 | ||
| 2019 | 159.7 | 142.8 | 12.3 | ||
Company Promoters:
- Haridas Thalarshi Kanani
- Harin Haridas Kanan
Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus
Neogen Chemicals IPO Registrar:
LINK INTIME INDIA PRIVATE LIMITED
Fax: +91 22 4918 6195
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.linkintime.co.in
Note: Check Neogen Chemicals ipo allotment status on Linkintime website allotment url. Click Here
- INGA ADVISORS PRIVATE LIMITED
- BATLIVALA & KARANI SECURITIES INDIA PRIVATE LIMITED
Company Address:
Neogen Chemicals Limited
1002, 10th Floor,
Dev Corpora Bldg,
Opp. Cadbury Junction,
Off Pokhran Road No. 2,
Khopat, Thane – 400601,
Maharashtra
Tel:+91 22 25497300
Fax:+91 22 2549 7399
Email:[email protected]
Website: www.neogenchem.com
Note: The ipo price band and dates will be added as it will be officially announced. The ipo grey market premium (ipo gmp) will be added on the grey market page as it will start)
0 Responses
Good
yes if it is international co.Price at which it is offrred will be supported by co.Moreover issue of rs 125/- cr. is peanut for market.
78 shares @190 comes to Rs 14820/- Pl confirm your amt Rs 14890/-
I don’t agree with your evaluation. Neogen is a multinational company based in USA, having its presence in many countries. This entity is a sister company of Neogen Corporation, which has a global presence. I am sure Neogen will support this IPO to make it a big success. I think it will be a good investment.
Let’s wait for the IPO to be out.
Very high P/E Multiple of 45. Larger & more respected peers are trading at much lower multiples that too in phase of rich valuations. 2017-18 EPS was a meager Rs. 5.25.
Environmental Clearance of Neogen's factory in Vadodara, Padra Region is not in order. They are producing chemicals which are not covered in their EC. Getting expansion for further chemical production in Padra region is highly unlikely due to Padra Policy and excessive chemical pollution caused on the Effluent Canal by Dyes & Pigments producers.
Bromine (Neogen's main raw material) Production is tightly controlled by a few large global players and prices of RM are erratic. There is very little bargaining power with users of Bromine.
Would stay away from subscribing to this IPO.