J.G.CHEMICALS LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO J.G.CHEMICALS LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
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J.G.Chemicals Ltd.

J.G.Chemicals Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹221
₹221
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹221
Based on GMP
Min. Investment
₹14,807
1 lot × 67 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
05 Mar 2024
Close Date
07 Mar 2024
Allotment
11 Mar 2024
Listing Date
13 Mar 2024
Exchange
NSE & BSE
Price Band
₹221
Listing Price
See chart
Allotment Status
Price Band
₹221
Per share
Face Value
₹10 per share
 
Lot Size
67 Shares
per lot
Issue Size
1,13,66,063 shares (aggregating up to ₹251.19 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,807
1 lot
Pre-IPO Holding
3,17,20,000 shares
Promoters
Post-IPO Holding
3,91,86,063 shares
Promoters
P/E (Pre)
16.25x
 
P/E (Post)
20.08x
 
EPS (Pre)
₹13.60
 
EPS (Post)
₹11.01
 
UPI Deadline
2024-03-07
Mandate
Anchor AllotmentMon, 04 Mar 2024
Basis of AllotmentMon, 11 Mar 2024
Refund InitiationTue, 12 Mar 2024
Demat CreditTue, 12 Mar 2024
Listing DayWed, 13 Mar 2024
UPI Mandate Deadline2024-03-07
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares74,66,063 shares (aggregating up to ₹165.00 Cr)
Offer for Sale39,00,000 shares of ₹10 (aggregating up to ₹86.19 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
J.G.Chemicals Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 07 Mar 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
11,366,063
100% ₹251.19
IPO Shares Offered
J.G.Chemicals Ltd. IPO total issue size: ₹251.19 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 11,366,063 ₹251.19
100.00%
* Based on upper price band ₹221 per share
Lot Size & Investment
Lot Size
67
Shares per Lot
Issue Price
₹221.00
Upper Band
Min Investment
₹14,807
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2134₹29,614
Retail (Max — 13 Lots)13871₹192,491
S-HNI (Min — 14 Lots)14938₹207,298
B-HNI (Min — 68 Lots)684,556₹1,006,876
* Issue Price ₹221 × Lot Size 67 shares
IPO Schedule
Anchor
04 Mar 2024
✓ Done
IPO Open
05 Mar 2024
✓ Done
IPO Close
07 Mar 2024
✓ Done
Allotment
11 Mar 2024
✓ Done
Refunds
12 Mar 2024
✓ Done
Demat Credit
12 Mar 2024
✓ Done
Listing Day
13 Mar 2024
✓ Done
J.G.Chemicals Ltd. — Live Price LIVE
₹221.00
INR · BSE
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Issue ₹221.00 Live Price
About J.G.Chemicals Ltd.
JG Chemicals Limited was founded in 1975 and is a zinc oxide manufacturer using the French process. The company produces more than 80 grades of zinc oxide.This product is used in various industrial applications such as ceramics, paints and coatings, pharmaceuticals and cosmetics, electronics and batteries, agrochemicals and fertilizers, specialty chemicals, lubricants, oil and gas, and animal feed.The company operates three manufacturing facilities in Jangalpur and Belur, both in Kolkata, West Bengal and Naidupeta in Nellore District, Andhra Pradesh. Naidupeta is the largest facility, owned and operated by the Material subsidiary. All manufacturing facilities are ISO 45001:2018 and ISO 14001:2015 certified and ISO 9001:2015 accredited.The company has served the needs of more than 200 local and 50 international customers in more than 10 countries.As of December 31, 2023, the company employed 112 permanent employees, over 100 workers and apprentices.For the nine-month period ended December 31, 2023 and the financial years 2023, 2022 and 2021, the Company recorded operating income of ₹ 4,863.22 million, ₹ 7,845.76 million, ₹ 6,128.30 million and ₹ 4,352.98 million respectively.
Objects of the Issue
1
Investment in Material Subsidiary, viz. BDJ Oxides (i) repayment or pre-payment, in full or in part, of all or certain borrowings availed by its Material Subsidiary; (ii) funding capital expenditure requirements for setting up of a research and development center situated in Naidupeta, Andhra Pradesh (R&D Centre); and (iii) funding its long-term working capital requirements;
2
Funding long-term working capital requirements of the Company; and
3
General corporate purposes.
J.G.Chemicals Ltd. Financials (Amount in Crore)
Revenue from Operations
₹623.1
31 Mar 2022
₹794.2
31 Mar 2023
₹491.1
31 Dec 2023
Profit After Tax (PAT)
₹43.1
31 Mar 2022
₹56.8
31 Mar 2023
₹18.5
31 Dec 2023
Particulars31 Dec 202331 Mar 202331 Mar 2022
Revenue from Operations 491.10 794.19 623.05
EBITDA N/A N/A N/A
Profit After Tax (PAT) 18.51 56.79 43.13
Net Worth 217.86 199.89 147.66
Total Assets 271.26 297.79 264.14
Reserves & Surplus 193.22 175.67 151.23
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) 7.24%
P/BV Ratio
3.51
RoE
8.20%
RoCE
11.86 %
RoNW
8.16%
PAT Margin
7.24%
Debt/Equity
0.11
Issue Structure & Shareholding
Total Shares Offered1,13,66,063 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding3,17,20,000 shares
Post-Issue Promoter Holding3,91,86,063 shares
P/BV Ratio3.51
RoE8.20%
RoCE11.86 %
Debt / Equity0.11
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Centrum Capital Ltd.
Emkay Global Financial Services Ltd.
Keynote Financial Services Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much J.G.Chemicals Ltd. IPO subscribed?

J.G.Chemicals Ltd. IPO is subscribed 1.00 times by Mar 07, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is J.G.Chemicals Ltd. IPO retail subscription status?

The J.G.Chemicals Ltd. IPO retail category is subscribed 1.00 times as of 07 Mar 2024. The retail portion is oversubscribed.

How to subscribe J.G.Chemicals Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 05 Mar 2024 and closes 07 Mar 2024. Min investment: ₹14,807 (1 lot = 67 shares). UPI mandate: 2024-03-07.

How many times J.G.Chemicals Ltd. IPO subscribed?

The J.G.Chemicals Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check J.G.Chemicals Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 11 Mar 2024. Refunds: on 12 Mar 2024.

When J.G.Chemicals Ltd. IPO will be listed?

The J.G.Chemicals Ltd. IPO listing date is 13 Mar 2024, Wednesday. Listed on: NSE & BSE. Issue price: ₹221. Estimated listing: ₹221. GMP: NIL.

When J.G.Chemicals Ltd. IPO close?

The J.G.Chemicals Ltd. IPO closes on 07 Mar 2024, Thursday. UPI mandate: 2024-03-07. Allotment: 11 Mar 2024. Listing: 13 Mar 2024.