JG Chemicals Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 06-03-2024 | 06-03-2024 | 10 per share | 210 | 67 Shares | BSE, NSE | 11,366,063 shares (aggregating up to ₹251.19 Cr) | 2024-03-10 18:30:00 | 2024-03-11 18:30:00 | 2024-03-11 18:30:00 | 12-03-2024 |
About The Company
JG Chemicals IPO is a book built issue of Rs 251.19 crores. The issue is a combination of fresh issue of 0.75 crore shares aggregating to Rs 165.00 crores and offer for sale of 0.39 crore shares aggregating to Rs 86.19 crores.
JG Chemicals IPO is open for subscription on March 5, 2024 and close today March 7, 2024. The allotment for the JG Chemicals IPO is expected to be finalized on Monday, March 11, 2024. JG Chemicals IPO will list on BSE, NSE with tentative listing date fixed as Wednesday, March 13, 2024.
JG Chemicals IPO price band is set at ₹210 to ₹221 per share. The minimum lot size for an application is 67 Shares. The minimum amount of investment required by retail investors is ₹14,807. The minimum lot size investment for sNII is 14 lots (938 shares), amounting to ₹207,298, and for bNII, it is 68 lots (4,556 shares), amounting to ₹1,006,876.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 06-07-2023 | 271 | 491 | 19 | 217.86 | 193.22 | 0 |
| 06-07-2023 | 298 | 794 | 57 | 199.89 | 175.67 | 0 |
| 06-03-2024 | 623 | 43 | 148 | 151.23 | 0 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 6.42 |
| Non-Institutional Buyers | 25.96 |
| bNII (bids above ₹10L) | 25.05 |
| sNII (bids below ₹10L) | 27.79 |
| Retail Investors | 13.78 |
| Total | 14.28 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 67 | 14807 |
| Retail (Max) | 13 | 871 | 192497 |
| S-HNI (Min) | 14 | 938 | 207298 |
| S-HNI (Max) | 67 | 4489 | 992069 |
| B-HNI (Min) | 68 | 4556 | 1006876 |
IPO Listing Details
| Listing Date | 12-03-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Suresh Jhunjhunwala, Anirudh Jhunjhunwala and Anuj Jhunjhunwala.
Contact Information of the Company
JG Chemicals Limited
34A,
Metcalfe Street,
Kolkata – 700 013
Phone: +91 33 4014 0100
Email: corporate@jgchem.com
Website: https://jgchem.com/
IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: jgchemicals.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Manager
Centrum Capital Limited Emkay Global Financial Services Ltd Keynote Financial Services Ltd