Neogen Chemicals Ltd Ipo Allotment Status

Neogen chemicals ltd ipo allotment status

Neogen chemicals limited is a Thane, Mumbai based company involved in manufacturing specialty chemicals, this includes lithium and bromide based chemicals.

Neogen chemicals ltd ipo allotment status

Date of Incorporation:

The company was incorporated as “Neogen Chemicals Private Limited” on 7th March 1989 as a private entity. Later, on 2nd July, 1998 it was transformed to a public limited company

Promoters of the Company:

Haridas Thakarshi Kanani & Harin Haridas Kanani are the promoters of Neogen Chemicals Limited.

Products and Service Offerings:

It offers a wide range of specialty chemicals ranging from organic to inorganic chemicals.

Neogen chemicals ltd ipo allotment status

This includes bromide based chemicals and lithium based chemicals. Also grignard based reagents 

Customer Segments:

The major clientele of the Neogen chemical limited includes clients from the industries like agrochemical, pharma, electronic chemical, fragrance and flavors 

Objects of the Offer:

- The main objectives of the Neogen Chemical Limited IPO are:

- Repayment of all or a portion of loans availed by the company 

- Redemption of 9.8% FRCFS

- Long term working capital

- General corporate purposes

ParticularsFor the year/period ended (in Rs.

Millions)

31-Dec-1831-Mar-1831-Mar-1731-Mar-1631-Mar-1531-Mar-14
Total Assets2,374.061,35,155.221,523.15804.82687.56629.33
Total Revenue1,596.8716,118.001,217.751,090.47924.80803.14
Profit After Tax122.21104.9776.8351.850.8536.43

Neogen Chemicals IPO Listing Price