QIP opened; 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 opened its Qualified Institutions Placement (QIP) on September 10, 2026, after board approval on July 24 and shareholder nod via special resolution on August 21. Floor price fixed at Rs 2,189.73 per equity share of Rs 10 face value. Up to 5 percent discount is permitted on the floor price. Final issue price will be determined in consultation with lead managers.

Likely market impact

Fresh equity issuance may dilute existing shareholders; final pricing and institutional demand will shape near-term stock sentiment.