Neogen Chemicals completes QIP allotment of 26.6 lakh equity shares at ₹2,255 each
Neogen Chemicals Ltd · Chemicals & Petrochemicals
What the filing says
- Allotment of 26,60,753 Equity Shares at ₹ 2,255 per Equity Share (premium ₹ 2,245 per Equity Share), aggregating to ₹ 5,99,99,98,015.00.
- Issue opened on September 10, 2026 and closed on September 16, 2026; the allotted shares will be listed on BSE Limited and National Stock Exchange of India Limited.
- Paid-up equity share capital increased from ₹27,38,16,740 (2,73,81,674 Equity Shares) to ₹30,04,24,270 (3,00,42,427 Equity Shares) after the allotment.
Why it's rated notable: no figure in the filing to size it as major
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Qualified Institutional Placement
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Neogen Chemicals Ltd
- Fundraise / allotmentNotableNeogen Chemicals raises ~₹600 crore via first-ever QIP, oversubscribed over 6.5x
- Fundraise / allotmentNotableNeogen Chemicals Limited allots 26,60,753 shares in QIP at ₹2,255 each
- Fundraise / allotmentNotableNeogen Chemicals Limited approves QIP and files preliminary placement document
- Fundraise / allotmentNotableNeogen Chemicals Ltd approves QIP with floor price of ₹2,189.73 per equity share
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.