What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Neogen Chemicals Limited IPO?

Neogen Chemicals Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Neogen Chemicals Limited

ListedMainboard

Materials & 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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	3,069,767	—	0.00x
Non-Institutional (NII / HNI)	920,930	—	0.00x
Retail Individual (RII)	2,148,837	—	0.00x
Total	6,139,534	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	33,059	33,059	1.00x
HNIs (10L +)	211	211	1.00x
HNIs (2-10L)	1,012	1,012	1.00x
Total Applications	34,282	34,282	1.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 is Neogen Chemicals Limited IPO GMP today?

Currently, Neogen Chemicals Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹212 to ₹215 per equity share.

What is the expected profit per lot for Neogen Chemicals Limited IPO?

The retail lot size is 65 shares requiring a minimum application amount of ₹13,975. Expected listing price is ₹215 per equity share.

What is the issue size and price band for Neogen Chemicals Limited IPO?

The Neogen Chemicals Limited IPO aggregate issue size is ₹132 Crores with an equity price band set at ₹212 to ₹215 per equity share. The retail lot size is 65 shares requiring a minimum capital outlay of approx. ₹13,975.

How can I check Neogen Chemicals Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Neogen Chemicals Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2019-05-03. Investors can verify status using PAN card or application number.

When is the listing date for Neogen Chemicals Limited IPO?

Neogen Chemicals Limited shares are scheduled to list on NSE and BSE on 2019-05-08.