Neogen Chemicals QIP closed at ₹2,255 per share, raises about ₹600 crore

Qip At PremiumFund 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

+4.1%Reaction day

₹2302.00

prior close

₹2300.00

announcement price

After-mkt

timing

Nifty Microcap 250market+0.8%+3.2% vs market

Specialty Chemicals peers, median of 100sector+1.1%+3.0% vs sector

On the reaction day the stock moved 3.2 pts more than Nifty Microcap 250 and 3.0 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

+1.5

10m

+2.9

15m

+2.2

30m

+2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.1+0.8+3.2+1.1+3.0

Next day

+7.5+2.5+5.1+1.6+6.0

+2.7+2.3+0.4+1.9+0.7

+3.6+2.8+0.8+2.0+1.6

+4.1+4.1+0.0+3.2+0.9

+1.0+2.5-1.5+2.1-1.1

+4.1+1.2+2.9+0.9+3.2

15d

+3.6-0.8+4.4-1.5+5.1

+7.6-1.7+9.3-1.5+9.1

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UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 100Pending

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

AI summary

Neogen Chemicals has closed its Qualified Institutional Placement (QIP). The Fund Raising Committee approved allotment of 26,60,753 equity shares at ₹2,255 per share, including a premium of ₹2,245 over the face value of ₹10. Total amount raised is about ₹600 crore. The issue opened on September 10, 2026 and closed on September 16, 2026. Placement document adopted and confirmation of allocation notes approved.

Likely market impact

Strong institutional demand shown by the ₹2,245 premium over face value. Total raise about ₹600 crore; short-term dilution from 26.6 lakh new shares possible.