Neogen Chemicals Limited IPO
MainboardListed On: May 8, 2019 at ₹ 251
₹ 13975 /65 Shares
24 Apr, 2019
Open Date26 Apr, 2019
Close Date03 May, 2019
Allotment Date08 May, 2019
Listing DateIPO Issue Details
- Issue Price Rs 212/- to Rs 215/- per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Total issue of 61,55,813 Equity Shares of Rs 10/- at a price of Rs 212/- to Rs 215/- per share aggregating to Rs 132.35 Cr> Fresh issue of 32,55,813 Equity Shares of Rs 10/- at a price of Rs 212/- to Rs 215/- per share aggregating to Rs 70.00 Cr> Offer for Sale of 29,00,000 Equity Shares of Rs 10/- at a price of Rs 212/- to Rs 215/- per share aggregating to Rs 62.35 Cr
- Listing at BSE, NSE ( T- Group )
- List Price 251
- Listing Date 2019-05-08
- Lead Manager Batlivala & Karani Securities India Private Limited, Inga Advisors Private Limited.
- Registrar Link Intime India Private Limited
IPO Details
- Retail Portion N/A
IPO Details
The IPO of is priced at ₹212 - 215 per equity share, which has a face value of Rs 10/- Per Equity Share each, IPO bidding starts from Apr 24, 2019 and ends on Apr 26, 2019. The allotment for IPO will be finalized on May 3, 2019. IPO will be listed on BSE, NSE, with a tentative listing date fixed as May 8, 2019. The company shall list its equity shares on the BSE, NSE ( T- Group ). Link Intime India Private Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are Batlivala & Karani Securities India Private Limited, Inga Advisors Private Limited..
The IPO sets its price band at 212 - 215 for each share. A single application for Neogen Chemicals Limited IPO must contain at least 65 shares.
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IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 12,28,094 | 9,30,283 | 21,70,661 | 43,29,038 |
|
Day 1
24-04-19
|
0 0.00 x | 93,145 0.10 | 10,82,770 0.50 x | 11,75,915 0.27 x |
|
Day 2
25-04-19
|
11,61,160 0.95 x | 10,40,650 1.12 | 68,45,995 3.15 x | 90,47,805 2.09 x |
|
Day 3
26-04-19
|
3,74,48,580 30.49 x | 10,59,42,525 113.88 | 3,45,90,855 15.94 x | 17,79,81,960 41.11 x |
Valuations
IPO - Issue Objectives
Prepayment or repayment of all or a Portion of certain borrowings availed by the company.
Early redemption of 9.8% FRCPS.
Long term working capital.
General Corporate Purpose.
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Neogen Chemicals Limited | 7.02 | 47.67 | 19.91% | 164.46 |
| Aarti Industries Limited | 8.39 | 32.89 | 25.51% | 3,806.06 |
| Atul Industries Limited | 4.34 | 24.80 | 17.49% | 3,337.92 |
| Navin Flourine International Limited | 3.51 | 23.25 | 15.09% | 925.34 |
| Paushak Limited | 5.47 | 21.21 | 25.77% | 104.75 |
| Vinati Organics Limited | 9.32 | 33.21 | 28.05% | 755.87 |
IPO - FAQs
Ans. Neogen Chemicals Limited IPO is a Mainboard IPO. The issue is priced at Rs 212/- to Rs 215/- per Equity Share . The minimum order quantity is 65 Shares. The IPO opens on Apr 24, 2019, and closes on Apr 26, 2019. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE ( T- Group ).
Ans. The Neogen Chemicals Limited IPO opens on Apr 24, 2019 and closes on Apr 26, 2019.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Neogen Chemicals Limited IPO is Total issue of 61,55,813 Equity Shares of Rs 10/- at a price of Rs 212/- to Rs 215/- per share aggregating to Rs 132.35 Cr> Fresh issue of 32,55,813 Equity Shares of Rs 10/- at a price of Rs 212/- to Rs 215/- per share aggregating to Rs 70.00 Cr> Offer for Sale of 29,00,000 Equity Shares of Rs 10/- at a price of Rs 212/- to Rs 215/- per share aggregating to Rs 62.35 Cr.
Ans. The Neogen Chemicals Limited IPO price band is set between Rs 212/- to Rs 215/- per Equity Share .
Ans. To apply for Neogen Chemicals Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Neogen Chemicals Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Neogen Chemicals Limited IPO is May 3, 2019.
Ans. The Neogen Chemicals Limited IPO will be listed on May 8, 2019.
Ans. Follow the steps to check the Neogen Chemicals Limited IPO allotment status online.
