JG Chemicals Limited IPO
Important Dates:-
| Particulars | Value |
|---|---|
| Open Date:- | March 5, 2024 |
| Close Date:- | March 7, 2024 |
| Allotment Date:- | March 11, 2024 |
| Listing Date:- | March 13, 2024 |
About JG Chemicals Limited :-
Founded in 1975, JG Chemicals Limited specializes in manufacturing zinc oxide using the French process, offering a diverse range of over 80 grades of this product.
Their zinc oxide finds application across various industries including ceramics, paints and coatings, pharmaceuticals and cosmetics, electronics and batteries, agrochemicals and fertilizers, specialty chemicals, lubricants, oil and gas, and animal feed.
Operating three manufacturing facilities situated in Jangalpur and Belur, both located in Kolkata, West Bengal, and Naidupeta in Nellore District, Andhra Pradesh, JG Chemicals Limited has its largest facility in Naidupeta, owned and operated by its Material subsidiary. All these manufacturing facilities boast certifications including ISO 45001:2018 and ISO 14001:2015 for occupational health and safety management systems and environmental management systems respectively, along with ISO 9001:2015 accreditation for quality management systems.
Having catered to the requirements of over 200 domestic and 50 international clients spanning across more than 10 countries, JG Chemicals Limited has established itself as a prominent player in the market.
As of December 31, 2023, the company had a workforce comprising 112 permanent employees, along with over 100 workers and apprentices.
In terms of financial performance, for the nine-month period ending December 31, 2023, and the fiscal years 2023, 2022, and 2021, JG Chemicals Limited recorded operating incomes of ₹ 4,863.22 million, ₹ 7,845.76 million, ₹ 6,128.30 million, and ₹ 4,352.98 million respectively.
Contact Details :-
Address:- JG Chemicals Limited 34A, Metcalfe Street, Kolkata – 700 013
Phone:- +91 33 4014 0100
E-mail:- corporate@jgchem.com
Website:- https://jgchem.com/
IPO Details :-
| Particulars | Value |
|---|---|
| IPO Type:- | Mainline |
| Price:- | ₹210 to ₹221 |
| Lot Size:- | 67 |
| Minimum Amount for 1 Lot:- | ₹14,807 |
| Listing At:- | BSE, NSE |
| Total issue of Shares:- | 1,13,66,063 |
| Total issue Size:- | ₹251.19 Crore |
| Fresh issue of Shares:- | 74,66,063 |
| Fresh issue Size:- | ₹165 Crore |
| Offer for Sale issue of Shares:- | 39,00,000 |
| Offer for Sale issue Size:- | ₹86.19 Crore |
| Face Value:- | ₹10 per Equity Share |
| Retail Quota:- | 35% |
| QIB Quota:- | 50% |
| NII Quota:- | 15% |
Financial Information :-
Amount in ₹ Crore
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 271.26 | 297.79 | 264.14 | 209.94 |
| Revenue | 491.10 | 794.19 | 623.05 | 440.41 |
| Profit After Tax | 18.51 | 56.79 | 43.13 | 28.80 |
| Net Worth | 217.86 | 199.89 | 147.66 | 108.48 |
| Reserves and Surplus | 193.22 | 175.67 | 151.23 | 107.17 |
| Total Borrowing |
Key Performance Indicator :-
| Particulars | Value |
|---|---|
| Market Cap (₹ in Crore):- | 866 |
| ROE:- | 8.20% |
| ROCE:- | 11.86% |
| Debt/Equity:- | 0.11 |
| RoNW:- | 8.16% |
IPO Registrar :-
Name:- Kfin Technologies Limited
Website:- https://kosmic.kfintech.com/ipostatus/
IPO Prospectus :-
| Particulars | Link |
|---|---|
| JG Chemicals Limited IPO DHRP:- | Click Here |
| JG Chemicals Limited IPO RHP:- | Click Here |
GMP :-
| GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
|---|---|---|---|
| 03-03-2024 | ₹50 | ₹271 | 22.62% |
| 04-03-2024 | ₹50 | ₹271 | 22.62% |
| 05-03-2024 | ₹50 | ₹271 | 22.62% |
| 06-03-2024 | ₹25 | ₹246 | 11.31% |
| 07-03-2024 | ₹20 | ₹241 | 9.05% |
Subscription Details :-
| Date | QIB | NII | Retail | Employee | Other | Total |
|---|---|---|---|---|---|---|
| March 5, 2024 | 0.02 | 3.03 | 3.85 | 3.03 | 3.03 | 2.58 |
| March 6, 2024 | 0.46 | 10.00 | 8.73 | 10.00 | 10.00 | 6.64 |
| March 7, 2024 | 32.33 | 47.92 | 18.03 | 47.92 | 47.92 | 28.52 |
Allotment Status:-
| Particulars | Link |
|---|---|
| Check Allotment Status (available on March 11, 2024) | Click Here |
JG Chemicals Limited IPO FAQ :-
What is the opening date for JG Chemicals Limited IPO?
The JG Chemicals Limited IPO opens on March 5, 2024.
What is the closing date for JG Chemicals Limited IPO?
The JG Chemicals Limited IPO closes on March 7, 2024.
When will the shares be allotted for JG Chemicals Limited IPO?
Shares of JG Chemicals Limited IPO will be allotted on March 11, 2024.
What is the listing date for JG Chemicals Limited IPO?
The listing date for JG Chemicals Limited IPO is March 13, 2024.
What is the price/ price range for JG Chemicals Limited IPO?
The price/ price range for JG Chemicals Limited IPO is ₹210 to ₹221.
What is the minimum lot size for the JG Chemicals Limited IPO?
The minimum lot size for JG Chemicals Limited IPO is 67 shares.
What is the minimum investment required for retail investors in the JG Chemicals Limited IPO?
The minimum investment required for retail investors in the JG Chemicals Limited IPO is ₹14,807.
What type of IPO is the JG Chemicals Limited IPO?
The type of JG Chemicals Limited IPO is Mainline.
What is the total issue size of the JG Chemicals Limited IPO?
The total issue size of JG Chemicals Limited IPO is ₹251.19 Crore.
How many shares are being offered in the JG Chemicals Limited IPO?
Total 1,13,66,063 shares are being offered in the JG Chemicals Limited IPO.
What is the face value of JG Chemicals Limited IPO share?
The face value of JG Chemicals Limited IPO share is ₹10.
What is the market capitalization of the JG Chemicals Limited IPO?
The market capitalization of the JG Chemicals Limited IPO is ₹866.01 Crore.
Who is the registrar for the JG Chemicals Limited IPO?
The registrar for the JG Chemicals Limited IPO is Kfin Technologies Limited.
Where can I check the IPO Allotment status for JG Chemicals Limited IPO?
You can check the IPO Allotment status for JG Chemicals Limited IPO at https://kosmic.kfintech.com/ipostatus/.
What is the email address and website of JG Chemicals Limited IPO?
The email address of JG Chemicals Limited IPO is corporate@jgchem.com and website is https://jgchem.com/.
What is the JG Chemicals Limited IPO GMP (Grey Market Premium) as of 07-03-2024?
The latest GMP for JG Chemicals Limited IPO is ₹20 as of 07-03-2024.