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JG Chemicals IPO Date, Review, Price, Allotment Details

Date:

JG Chemicals is India’s largest zinc oxide manufacturer in terms of production and revenue for zinc oxide manufacturing through the French process, which is the dominant production technology for producing zinc oxide and has been adopted by all the major producers in the Americas, Europe, and Asia (Source: CARE Report). The market share of their Company is around 30% as of March 2022 (Source: CARE Report). They sell over 80 grades of zinc oxide and are among the top ten manufacturers of zinc oxides globally (Source: CARE Report). Since their incorporation in 2001, they have expanded their business and scale of operations and have grown into a large, diversified zinc oxide player with a global footprint. Their product caters to a wide spectrum of industrial applications, including rubber (tire & other rubber products), ceramics, paints & coatings, pharmaceuticals & cosmetics, electronics & batteries, agro-chemicals & fertilizers, specialty chemicals, lubricants, oil & gas, and animal feed.

Owing to their legacy of over four decades in manufacturing businesses, they benefit from their experience in catering to a wide array of customers and they have built a long-standing relationship with customers across end-user industries in the tires, ceramics, rubber, paints, cosmetics, and batteries industry. Over the last three years, they marketed and sold their product to over 200 domestic customers and over 50 global customers in more than 10 countries.

Objects of the Issue

  • Investment in our Material Subsidiary, viz. BDJ Oxides (i) repayment or pre-payment, in full or in part, of all or certain borrowings availed by our Material Subsidiary; (ii) funding capital expenditure requirements for setting up of a research and development centre situated in Naidupeta (“R&D Centre”); and (iii) funding its long-term working capital requirements
  • Funding long-term working capital requirements of our Company.
  • General corporate purposes.

JG Chemicals IPO Review (Apply or Not)

  • To be updated soon

Brokerage Firm IPO Review

  • Capital Market: To be updated soon
  • Religare Broking: To be updated soon
  • Hem Securities: To be updated soon
  • Arihant Capital: To be updated soon

JG Chemicals IPO Date & Price Band Details

IPO Open: 27 February 2024
IPO Close: [.] February 2024
IPO Size: Approx ₹[.] Crores
Fresh Issue: Approx ₹202.50 Crores
Offer for Sale: Approx 5,700,000 Equity shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹[.] to ₹[.] Per Share
IPO Listing on: BSE & NSE
Retail Quota: 35%
QIB Quota: 50%
 NII Quota: 15%
Discount: N/A
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors List: Click Here

JG Chemicals IPO Market Lot

The JG Chemicals IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.

Application Lot Size Shares Amount
Retail Minimum 1 ₹-
Retail Maximum 13 ₹-
S-HNI Minimum 14 ₹-
B-HNI Minimum 68 ₹-

JG Chemicals IPO Allotment & Listing Dates

The JG Chemicals IPO date is 2024 and the close date is February 2024. The JG Chemicals IPO allotment will be finalized on 2024 and the IPO listing on 2024.

Price Band Announcement: 2024
Anchor Investors Allotment: 2024
IPO Open Date: 2024
IPO Close Date: 2024
Basis of Allotment: 2024
Refunds: 2024
Credit to Demat Account: 2024
IPO Listing Date: 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

JG Chemicals IPO Form

How to apply for the JG Chemicals IPO? You can apply for JG Chemicals IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the JG Chemicals IPO in the Invest section. The other option is you can apply for JG Chemicals IPO via IPO forms downloaded via NSE and BSE. Check out the JG Chemicals forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

JG Chemicals Company Financial Report

  ₹ in Crores
Year Revenue Expense PAT
2021 ₹407.27 ₹388.16 ₹13.95
2022 ₹440.40 ₹399.20 ₹28.80
2023 ₹623.05 ₹565.60 ₹43.13
September 2023 ₹432.20 ₹383.67 ₹35.71

JG Chemicals IPO Valuation – FY2022

Check JG Chemicals IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS): ₹12.61 per Equity Share
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): 27.09%
Net Asset Value (NAV): ₹46.55 per Equity Share

Peer Group

  • Suresh Jhunjhunwala
  • Anirudh Jhunjhunwala
  • Anuj Jhunjhunwala

JG Chemicals IPO Registrar

KFin Technologies Limited
Tel: +91 40 6716 2222
Email: [email protected]
Website : www.kfintech.com

JG Chemicals IPO Allotment Status Check

Check JG Chemicals IPO allotment status on KFinTech website allotment URL. Click Here

JG Chemicals IPO Lead Managers aka Merchant Bankers

  • Keynote Corporate Services Ltd

Company Address

JG Chemicals Limited
34A, Metcalfe Street,
Kolkata – 700 013, West Bengal
Phone : +91 33 4014 0100
Email : [email protected]
Website : www.jgchem.com

JG Chemicals IPO FAQs

What is JG Chemicals IPO?

JG Chemicals IPO is a main-board IPO. They are going to raise ₹[.] Crores via IPO. The issue is priced at ₹[.] to ₹[.] pr equity share. The IPO is to be listed on BSE & NSE.

When JG Chemicals IPO will open?

The IPO is to open on February 2024 for QIB, NII, and Retail Investors.

What is JG Chemicals IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the JG Chemicals IPO?

You can apply for JG Chemicals IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the JG Chemicals IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “JG Chemicals”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the JG Chemicals IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “JG Chemicals”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the JG Chemicals IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “JG Chemicals”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is JG Chemicals IPO Size?

JG Chemicals IPO size is ₹[.] crores.

What is JG Chemicals IPO Price Band?

JG Chemicals IPO Price Band is ₹[.] to ₹[.].

What is JG Chemicals IPO Minimum and Maximum Lot Size?

The minimum bid is [.] Shares with ₹[.] amount while the maximum bid is [.] shares with ₹[.].

What is the JG Chemicals IPO Allotment Date?

JG Chemicals IPO allotment date is 2024.

What is the JG Chemicals IPO Listing Date?

JG Chemicals IPO listing date is 2024. The IPO is to list on BSE and NSE.

Note: The JG Chemicals IPO price band and date are officially announced yet. The IPO grey market premium (JG Chemicals IPO Premium) will be added to the IPO grey market page as it will start).

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