Neogen Chemicals opens QIP, floor price set at Rs 2,189.73 per share

Fund Raising View source PDF Explain this filing

NEOGEN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.0%Reaction day

₹2388.00

prior close

₹2390.00

announcement price

After-mkt

timing

Nifty Microcap 250market+0.1%-0.1% vs market

Specialty Chemicals peers, median of 101sector-0.8%+0.8% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.8 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-3.6

10m

-4.5

15m

-3.8

30m

-4.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.0+0.1-0.1-0.8+0.8

Next day

-2.3-3.2+0.8-3.5+1.1

-3.6-3.3-0.3-3.3-0.3

+0.3-2.5+2.8-2.1+2.4

+3.7-0.9+4.6-1.3+5.0

-1.0-1.1+0.0-1.1+0.1

+0.3+0.6-0.3+0.2+0.2

15d

+2.0-1.4+3.4-2.4+4.4

+6.8-3.3+10.1-3.2+10.0

—————

UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 101Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Neogen Chemicals has launched a Qualified Institutions Placement (QIP) of equity shares with face value of Rs 10. The floor price is fixed at Rs 2,189.73 per share based on SEBI pricing rules. The company may offer a discount of up to 5 percent on the floor price. Board approval was given on July 24, 2026, and shareholders approved the issue on August 21, 2026. Final issue price will be decided in consultation with the lead managers.

Likely market impact

Equity dilution for existing shareholders likely; final issue price and demand will decide short-term stock impact.