Neogen Chemicals – a specialty chemical maker has opened its IPO on April 24. This is a fourth company of the financial year 2019-20 after Polycab India, Rail Vikas Nigam and Metropolis Healthcare.

The Neogen Chemicals initial public offer will close on 26th April 2019 and the book running lead manager to this public offer is Inga Advisors Private Limited & Batlivala & the co-book running lead manager is Karani Securities India Private Limited.

Issue Open: April 24 – April 26, 2019

Issue Price: INR 212 – 215 per equity share

Minimum Order Quantity: 65 Shares

Offer for Sale: 2,900,000 Equity Shares

Listing at: BSE and NSE

Company Promoters: Harin Haridas Kanani and Haridas Thakarshi Kanani

About Neogen Chemicals Ltd.

Established in 1991, Neogen Chemicals is Navi Mumbai based manufacturer of lithium-based and bromine-based specialty chemicals in India. Neogen Makes both inorganic and organic chemical compounds. These chemicals are used in agrochemical intermediates, electronic chemicals, water treatment chemicals, pharmaceutical intermediates and construction chemicals.