Neogen Chemicals Ltd

Inga Advisors Pvt Ltd

Initial Public Offer of 6,155,813 equity shares* of face value of Rs.10 each (equity shares) of Neogen Chemicals Limited (the company) for cash at a price of Rs. 215 per equity share (including a share premium of Rs. 205 per equity share) aggregating Rs. 132.35 Crores* (offer). The offer comprises of a fresh issue of 3,255,813 equity shares aggregating Rs. 70 Crores by the company (fresh issue) and an offer for sale of 1,699,600 equity shares by haridas thakarshi kanani (promoter selling shareholder) and 1,200,400 equity shares by beena haridas kanani (promoter group selling shareholder, and along with the promoter selling shareholder collectively referred to as the selling shareholders) aggregating Rs. 62.35 Crores (offer for sale). The offer constitutes 26.38%* of the post-offered paid up equity share capital of the company. *subject to finalisation of basis of allotment The face value of the equity shares is Rs.10 each.The Issue price is Rs. 215 and the offer price is 21.50 times the face value of the equity shares. Bids can be made for a minimum of 65 Equity Shares and in multiples of 65 Equity Shares thereafter.

  • Issue

    • Opens On24 Apr 2019
    • Closes On26 Apr 2019
  • Money Payable On

    • Application215
    • Allotment0
  • Project Cost (Cr.)132.35
  • Post Issue Equity Share Capital (Cr.)23.33
  • Issue Price (D)215

Further Multiples of: 65

Projects

  • Promoted By
    • Listing AtNSE
    • Registrar to the Issue - Link Intime India Pvt Ltd

    1002 10th Flr Opp Cadbury Junc Dev Corpora Bldg Off Pok RdNo2 Thane

    Maharashtra- 400601

    Phone - 91-22-2549 7300

    Fax - 91-22-2549 7399

    Email - investor@neogenchem.com

    Website - www.neogenchem.com

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