Neogen Chemicals Limited (NEOGEN)
Press Release
Neogen Chemicals raised approx INR 600 Cr via first-ever QIP, oversubscribed 6.5x
- 26.6 lakh shares allotted at INR 2,255 each, above floor price INR 2,189.73
- Paid-up capital increased to INR 30.04 Cr from INR 27.38 Cr
- Proceeds to repay borrowings, fund working capital and general corporate purposes
- QIP attracted marquee domestic and global institutional investors
- MD: Capital raise strengthens balance sheet and supports battery materials growth
Source: Original filing PDF
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🚨 NEOGEN — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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