The new financial year has been good for the primary markets and now yet another IPO of Neogen Chemicals is set to open for public subscription on April 24. Through the public offer, the company aims to raise a total of Rs. 70 crore by issuing fresh shares. Also, the offer will include share sale totalling to as much as Rs. 69 crore by the company's promoters.
The price band for the IPO is Rs 212-215 per share.
Neogen Chemicals manufactures bromine-based and lithium-based speciality chemicals.