Neogen Chemicals IPO Subscribed 41.07 times; QIB 30.49; HNI 113.88; Retail 15.86

Neogen Chemicals IPO to hit the market on 24 April 2019 and closes on 26 April 2019. As the grey market is active but still the rates are not that much promising people will surely look at the subscription numbers before going for it. As the ipo is small and T group so it might be a watchful behaviour we can expect in first 2 days. All depend of QIB and HNI Numbers. Check Neogen Chemicals ipo gmp by day to day.

Neogen Chemicals IPO Subscription Numbers (Fully Subscribed)

Category	Day 1	Day 2	Day 3
QIB	0.00	0.95	30.49
HNI	0.10	1.12	113.88
RII	0.50	3.15	15.86
EMP	N/A	N/A	N/A
Total	0.27	2.09	41.07

Neogen Chemicals IPO Dates & Price Band:

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

Vijay Prajapati

An experienced stock market professional with expertise in IPO research, market insights, and equity strategies. With a strong background in research and capital markets, he delivers comprehensive coverage on upcoming IPOs, subscription patterns, grey market premium (GMP), and post-listing performance, along with detailed reviews, recommendations, and technical analysis.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.