Neogen Chemicals Raises ₹6 Billion in First QIP
The company will use the proceeds to repay debt and fund working capital
September 29, 2026
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Maharashtra-based battery chemicals manufacturer Neogen Chemicals has raised approximately ₹6 billion (~$62 million) through its first qualified institutional placement (QIP) of equity shares, which was subscribed more than 6.5 times.
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Parth Shukla
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