{"id":5839,"date":"2024-03-04T14:16:50","date_gmt":"2024-03-04T08:46:50","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=5839"},"modified":"2024-03-04T14:16:56","modified_gmt":"2024-03-04T08:46:56","slug":"jg-chemicals-ipo-details","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/jg-chemicals-ipo-details\/","title":{"rendered":"JG Chemicals IPO Details - Complete Overview of JG Chemicals Limited IPO"},"content":{"rendered":"\n

JG Chemicals IPO Price: <\/strong>\u20b9210 to \u20b9221
IPO Date Range:<\/strong> Mar 5, 2024 - Mar 7, 2024<\/p>\n\n\n\n

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\"JG<\/figure>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n
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Foundation & Business Essence<\/h2>\n\n\n\n

Established in 1975, JG Chemicals Limited specializes in manufacturing zinc oxide through the French process. With a diverse product range, the company creates over 80 distinct grades of zinc oxide.<\/p>\n<\/div>\n<\/div>\n\n\n\n

Services<\/h2>\n\n\n\n

With a diverse range of over 80 grades, the company manufactures zinc oxide, a versatile product essential for numerous industrial applications. These include ceramics, paints, coatings, pharmaceuticals, cosmetics, electronics, batteries, agrochemicals, fertilizers, specialty chemicals, lubricants, oil and gas, as well as animal feed.<\/p>\n\n\n\n

Presence and Clientele<\/h2>\n\n\n\n

The company runs three manufacturing facilities strategically located in Jangalpur and Belur within Kolkata, West Bengal, and Naidupeta in the Nellore District of Andhra Pradesh. Notably, Naidupeta stands as the largest facility, under the ownership and operation of the Material subsidiary. All manufacturing sites hold prestigious certifications, including ISO 45001:2018 and ISO 14001:2015, and boast accreditation under ISO 9001:2015 standards.<\/p>\n\n\n\n

Having effectively catered to the requirements of over 200 local and 50 international customers spanning more than 10 countries, the company has established itself as a reliable global partner.<\/p>\n\n\n\n

Bidding Starts In<\/h2>\n\n\n\n
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DAYS<\/div><\/div>
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HOURS<\/div><\/div>
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MINUTES<\/div><\/div>
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SECONDS<\/div><\/div><\/div>\n\n\n\n
APPLY NOW<\/span><\/path><\/svg>

Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n

JG Chemicals IPO Specifics:<\/h2>\n\n\n\n
IPO Date<\/td>March 5, 2024 to March 7, 2024<\/td><\/tr>
Listing Date<\/td>Wednesday, March 13, 2024<\/td><\/tr>
Face Value<\/td>\u20b910 per share<\/td><\/tr>
Price Band<\/td>\u20b9210 to \u20b9221 per share<\/td><\/tr>
Lot Size<\/td>67 shares<\/td><\/tr>
Total Issue Size<\/td>11,366,063 shares
(aggregating up to \u20b9251.19 Cr)<\/td><\/tr>
Fresh Issue<\/td>7,466,063 shares
(aggregating up to \u20b9165.00 Cr)<\/td><\/tr>
Offer For Sale<\/td>3,900,000 shares
(aggregating up to \u20b986.19 Cr)<\/td><\/tr>
Issue Type<\/td>Book Built Issue IPO<\/td><\/tr>
Listing At<\/td>BSE, NSE<\/td><\/tr>
Share holding pre issue<\/td>31,720,000<\/td><\/tr>
Share holding post issue<\/td>39,186,063<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

JG Chemicals IPO Lot Size<\/h2>\n\n\n\n

Bidders have the opportunity to bid for a minimum of 67 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.<\/p>\n\n\n\n

Application<\/th>Lots<\/th>Shares<\/th>Amount<\/th><\/tr><\/thead>
Retail (Min)<\/td>1<\/td>67<\/td>\u20b914,807<\/td><\/tr>
Retail (Max)<\/td>13<\/td>871<\/td>\u20b9192,491<\/td><\/tr>
S-HNI (Min)<\/td>14<\/td>938<\/td>\u20b9207,298<\/td><\/tr>
S-HNI (Max)<\/td>67<\/td>4,489<\/td>\u20b9992,069<\/td><\/tr>
B-HNI (Min)<\/td>68<\/td>4,556<\/td>\u20b91,006,876 <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

JG Chemicals IPO Reservation<\/h2>\n\n\n\n
QIB Shares Offered<\/td>Not more than 50% of the Net Issue<\/td><\/tr>
Retail Shares Offered<\/td>Not less than 35% of the Net Issue<\/td><\/tr>
NII (HNI) Shares Offered<\/td>Not less than 15% of the Net Issue<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

JG Chemicals IPO Timetable (Important Dates)<\/h2>\n\n\n\n
IPO Open Date<\/td>Tuesday, March 5, 2024<\/td><\/tr>
IPO Close Date<\/td>Thursday, March 7 2024<\/td><\/tr>
Basis of Allotment<\/td>Monday, March 11, 2024<\/td><\/tr>
Initiation of Refunds<\/td>Tuesday, March 12, 2024<\/td><\/tr>
Credit of Shares to Demat<\/td>Tuesday, March 12, 2024<\/td><\/tr>
Listing Date<\/td>Wednesday, March 13, 2024<\/td><\/tr>
Cut-off time for UPI mandate confirmation<\/td>5 PM on March 7, 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Don't Miss Out!<\/h2>
<\/div>

Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n

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APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n

JG Chemicals Limited IPO Financial Information<\/h2>\n\n\n\n

JG Chemicals Limited experienced a notable surge in revenue, marking a substantial 27.47% increase, while the profit after tax (PAT) saw an even more impressive rise of 31.69%. This positive financial trajectory occurred between the fiscal year ending on March 31, 2023, and the corresponding period concluding on March 31, 2022.<\/p>\n\n\n\n

Period Ended<\/th>31 Mar 2021<\/th>31 Mar 2022<\/th>31 Mar 2023<\/th>31 Dec 2023<\/th><\/tr><\/thead>
Assets<\/td>209.94<\/td>264.14<\/td>297.79<\/td>271.26<\/td><\/tr>
Revenue<\/td>440.41<\/td>623.05<\/td>794.19<\/td>491.10<\/td><\/tr>
Profit After Tax<\/td>28.80<\/td>43.13<\/td>56.79<\/td>18.51<\/td><\/tr>
Net Worth<\/td>108.48<\/td>147.66<\/td>199.89<\/td>217.86<\/td><\/tr>
Reserves & Surplus<\/td>107.17<\/td>151.23<\/td>175.67<\/td>193.22<\/td><\/tr><\/tbody><\/table>
Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n\n\n\n

Key Performance Indicator - JG Chemicals IPO<\/h2>\n\n\n\n
KPI<\/th>Values<\/th><\/tr><\/thead>
Market Cap (Rs Cr)<\/td>866.01<\/td><\/tr>
P\/E (x)<\/td>16.25<\/td><\/tr>
ROE<\/td>8.20%<\/td><\/tr>
ROCE<\/td>11.86%<\/td><\/tr>
Debt\/ Equity<\/td>0.11<\/td><\/tr>
EPS<\/td>13.6<\/td><\/tr>
RoNW<\/td>8.16%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Objects of the Issue:<\/strong><\/h2>\n\n\n\n

The company plans to allocate the Net Proceeds for the following purposes:<\/p>\n\n\n\n

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  1. Investment in Material Subsidiary, BDJ Oxides, including:
    (i) Repayment or partial pre-payment of borrowings incurred by the Material Subsidiary.
    (ii) Funding capital expenditure for establishing a research and development center in Naidupeta, Andhra Pradesh (R&D Centre).
    (iii) Meeting long-term working capital needs of the Material Subsidiary.<\/li>\n\n\n\n
  2. Funding the long-term working capital requirements of the Company.<\/li>\n\n\n\n
  3. Catering to general corporate purposes.<\/li>\n<\/ol>\n\n\n\n

    Prospectus Links:<\/strong><\/h2>\n\n\n\n

    Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. JG Chemicals DRHP<\/a> and JG Chemicals RHP<\/a>.<\/p>\n\n\n\n

    Frequently Asked Questions<\/strong><\/h2>\n\n\n\n
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    What is an IPO?<\/h3>\n
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    An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.<\/p>\n\n<\/div>\n<\/div>\n

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    Why do companies go public with an IPO?<\/h3>\n
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    Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.<\/p>\n\n<\/div>\n<\/div>\n

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    What is the price range for the \"JG Chemicals Limited\" IPO?<\/h3>\n
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    The price range for the\"JG Chemicals Limited\" IPO is \u20b9 210 to \u20b9221 per share.<\/p>\n\n<\/div>\n<\/div>\n

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    When will the \"JG Chemicals Limited\" IPO be listed on the stock exchange?<\/h3>\n
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    The \"JG Chemicals Limited\" IPO is expected to be listed on Wednesday, 13 March 2024.<\/p>\n\n<\/div>\n<\/div>\n

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    How to apply for an IPO with Lakshmishree?<\/h3>\n
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    To apply for an IPO with Lakshmishree:
    Go to www.lakshmishree.com\/ipo
    Select the desired IPO and fill in the required details.
    Confirm your application and make the payment.
    Once applied, you can track the status of your application on the platform or get in your registered Email ID.<\/p>\n\n<\/div>\n<\/div>\n

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    How can I check the subscription status of an IPO on Lakshmishree?<\/h3>\n
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    Log in to your Lakshmishree account and navigate to the 'IPO' section. Here, you can view live updates on the subscription status of ongoing IPOs.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

    JG Chemicals IPO Price: \u20b9210 to \u20b9221IPO Date Range: Mar 5, 2024 - Mar 7, 2024 Foundation & Business Essence Established in 1975, JG Chemicals Limited specializes in manufacturing zinc oxide through the French process. With a diverse product range, the company creates over 80 distinct grades of zinc oxide. Services With a diverse range […]<\/p>\n","protected":false},"author":1,"featured_media":5855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[],"class_list":["post-5839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=5839"}],"version-history":[{"count":3,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5839\/revisions"}],"predecessor-version":[{"id":5847,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5839\/revisions\/5847"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/5855"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=5839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=5839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=5839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}