Mumbai based manufacturer of bromine-based and lithium-based
specialty chemicals in India. Neogen makes both organic
and inorganic chemical compounds. These specialty chemicals are used in pharmaceutical intermediates, agrochemical intermediates, engineering fluids, electronic chemicals, polymers additives, water
treatment chemicals, construction chemicals, and flavors and fragrances. As on February 28, 2019, we have manufactured an aggregate of 198 products comprising 181 organic chemicals and 17 inorganic chemicals. The company markets and sells products in India, Europe, Japan, and the USA. The manufacturing units of the company are located in Navi Mumbai in Maharashtra and Karakhadi, Vadodara in Gujarat. Neogen is proposing to expand its manufacturing facilities by setting up new units at Vadodara Facility and the Dahej Facility. The Proposed Dahej Facility is a green-field manufacturing facility for manufacturing inorganic chemical products.
The company annually manufactures 1,30,400 liters of organic chemicals and 1,200,000 Kg. of inorganic chemicals.
The competitive strengths of the company are:
1. Wide product range
2. Stable customer base
3. Continuous investment in R&D
4. Highly knowledge-intensive industry
5. Experienced management
6. Stable suppliers
Summary of Financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-18 31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 2,374.06 1,800.53 1,523.15 804.82 687.56 629.33
Total Revenue 1,596.87 1,646.75 1,217.75 1,090.47 924.80 803.14
Profit After Tax 122.21 104.97 76.83 51.80 50.85 36.43
Objects of the Issue:
The objects of the Fresh Issue are:
1. Prepayment or repayment of all or a portion of certain borrowings availed by the Company;
2. Early redemption of 9.8% FRCPS;
3. Long term working capital; and
4. General corporate purposes.
Neogen Chemicals IPO Details
Issue Open Apr 24, 2019 - Apr 26, 2019
Issue Type Book Built Issue IPO
Issue Size
Fresh Issue [.] Eq Shares of Rs 10
(aggregating up to Rs 70.00 Cr)
Offer for Sale 2,900,000 Eq Shares of Rs 10
(aggregating up to Rs [.] Cr)
Face Value Rs 10 Per Equity Share
Issue Price Rs - Rs Per Equity Share
Market Lot
Min Order Quantity
Listing At BSE, NSE
Neogen Chemicals IPO Tentative Date / Timetable
Bid/Offer Opens On Apr 24, 2019
Bid/Offer Closes On Apr 26, 2019
Finalisation of Basis of Allotment May 3, 2019
Initiation of Refunds May 6, 2019
Credit of Shares to Demat Acct: May 7, 2019
IPO Shares Listing Date: May 8, 2019
Company Contact Information
Neogen Chemicals Limited
1002, 10th Floor, Dev Corpora Bldg,
Opp. Cadbury Junction, Off Pokhran Road No. 2,
Khopat, Thane - 400 601
Phone: +91 22 2549 7300
Email: investor@neogenchem.com
Website: http://www.neogenchem.com (https://alpha.chittorgarh.com/redirect_action.asp?
a=ipo_detail&b=company&c=http://www.neogenchem.com)
Neogen Chemicals IPO Registrar
Link Intime India Private Ltd (https://www.chittorgarh.com/ipo_registrar/link-intime-india/1/)
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: neogenchem.ipo@linkintime.co.in
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