Neogen Chemicals Closes QIP, Sets Issue Price at ₹2,255/Share

Neogen Chemicals Ltd has announced the closure of its Qualified Institutions Placement (QIP) issue. The Fund-Raising Committee approved the closure on September 16, 2026, after receiving applications for 26,60,753 equity shares. The issue price has been fixed at ₹2,255 per equity share, including a premium of ₹2,245 per share. The company also approved the placement document and confirmed the allocation note for eligible qualified institutional buyers. The QIP opened on September 10, 2026, and the details are available on the company's website.