Neogen Chemicals Limited
ListedMainboardMaterials & Chemicals · NSE / BSE
Neogen Chemicals, established in 1991 and based in Mahape, Navi Mumbai, is a manufacturer of specialty chemicals in India, focusing on bromine-based and lithium-based compounds. The company produces both organic and inorganic chemicals that are widely used in several industries including pharmaceuticals, agrochemicals, engineering fluids, electronics, polymers, water treatment, construction, and the fragrance and flavor sector. As of February 28, 2019, Neogen had developed a portfolio of 198 products, consisting of 181 organic and 17 inorganic chemical compounds. These products are sold not only in India but also exported to regions like Europe, Japan, and the United States. The company operates manufacturing facilities in Navi Mumbai, Maharashtra, and Karakhadi, Vadodara, Gujarat. To support future growth, Neogen is planning to expand its production capacity by developing additional units at its Vadodara site and setting up a greenfield facility in Dahej, which will be focused on manufacturing inorganic chemicals. Currently, the company produces around 1,30,400 liters of organic chemicals and 1.2 million kilograms of inorganic chemicals annually.
Price Band
₹212 – ₹215
Issue Size
₹132 Cr
Lot Size
65 shares
GMP
—
Est. Listing
₹215
at current GMP
Subscribed
—
Open
24 Apr 2019
Close
26 Apr 2019
Allotment
3 May 2019
Refund
4 May 2019
Demat Credit
5 May 2019
Listing
8 May 2019
Last updated 12 days ago
Official Registrar Verification
Neogen Chemicals Limited Allotment Status
Designated Registrar: Link Intime India Private Limited
Allotment Date
3 May 2019
Basis finalization
Refunds Initiate
4 May 2019
Mandate release
Demat Credit
5 May 2019
Shares in demat
Listing Debut
8 May 2019
Trading begins
How to Check Neogen Chemicals Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
- Select Neogen Chemicals Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Neogen Chemicals Limited Public Issue & Market Profile
Neogen Chemicals Limited is bringing an initial public offering (IPO) in the Materials & Chemicals sector with an aggregate issue size of ₹132 Crores. The shares are offered at a price band of ₹212 to ₹215 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2019-04-26, the basis of allotment is scheduled to be finalized on 2019-05-03. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.