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23 April 2019

IPO Synopsis

Neogen Chemicals Ltd
Registered Office: 1002 10th Floor Opp Cadbury Jn,Dev Corpora Bldg Off Pok RdNo2 , Thane - 400601 , Maharashtra , India.
Phone : 91-22-2549 7300   Fax:91-22-2549 7399
Email :  investor@neogenchem.com  
Website :  www.neogenchem.com
Initial public offer of up to (*) equity shares of face value of (Rs)10 each (equity shares) of Neogen Chemicals Limited (the company) for cash at a price of (Rs)(*) per equity share (including a share premium of (Rs)(*) per equity share) aggregating up to (Rs)(*) Crores (offer). The offer comprises of a fresh issue of up to (*) equity shares aggregating up to (Rs)70 Crores by the company (fresh issue) and an offer for sale of up to 1,699,600 equity shares by Haridas Thakarshi Kanani (selling shareholder 1) and up to 1,200,400 equity shares by Beena Haridas Kanani ("selling shareholder 2" and along with selling shareholder 1 collectively referred to as the "selling shareholders") aggregating up to (Rs)(*) Crores (offer for sale). The offer shall constitute (*)% of the post-offered paid up equity share capital of the company. Price Band: (Rs)212 to 215 per Equity Shres of face value of (Rs)10 each. The Floor price is 21.20 times the face value and the Cap 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 Money Payable On
Opens On Closes On Application Allotment
24-Apr-19 26-Apr-19 (Rs)212.00-215.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :65  Further Multiples of :65

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Batlivala & Karani Securities India Pvt Ltd
Project Financed through Current Offer 131.48  
Post Issue Equity Share Capital 0.00  
Issue Price (Rs)212.00  
 
Projects
Prepayment or Repayment of all or a portion of certain Borrowings availed by the companyLong Term Working Capital
Early Redemption of the 9.8% FRCPSGeneral Corporate Purposes
Promoted By
Haridas Thakarshi Kanani  
Harin Haridas Kanani  
Listing At
BSE 
NSE 
Registrar to the Issue
Link Intime India Pvt Ltd 
 
Toll Free number: 1800-425-5501 / 1800-103-5501
FINANCIAL TOOLS