JG Chemicals
JG Chemicals Info
Details about the JG Chemicals IPO. Opening Date of JG Chemicals is 05 Mar 24 and Closing Date is 07 Mar 24 . Face Value of Each share of JG Chemicals is ₹10 per share. Price band of JG Chemicals is ₹210 to ₹221. The Lot size of JG Chemicals is 67 shares. Total issue size of JG Chemicals IPO is ₹251.19 cr. Fresh Issue of JG Chemicals IPO is 165 cr. JG Chemicals IPO also includes offer for sale of ₹86.19 cr.This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of JG Chemicals is 31,720,000. Share Holding Post Issue of JG Chemicals is 39,186,063.
Business Summary
JG Chemicals is India’s largest zinc oxide manufacturer in terms of production and revenue for zinc oxide manufacturing through French process, which is the dominant production technology for producing zinc oxide and has been adopted by all the major producers in Americas, Europeand Asia.
JG Chemicals sell over 80 grades of zinc oxide and are among the top ten manufacturers of zinc oxides globally
JG Chemicals IPO Details
| Open Date | 05 Mar 24 |
|---|---|
| Close Date | 07 Mar 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹210 - ₹221 |
| Lot Size | 67 Shares |
| Total issue Size | 11,366,063 Shares ₹251.19 cr |
| Fresh Issue | 7,466,063 Shares ₹165 cr |
| Offer for Sale | 3,900,000 Shares (₹86.19 cr) |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 31,720,000 |
| Share Holding Post Issue | 39,186,063 |
| RHP , DHRP | View RHP, View DRHP |
JG Chemicals IPO Timeline
The JG Chemicals Initial Public Offering (IPO) is set to open on 05 Mar 24 and will end its subscription phase on 07 Mar 24. You can check your allotment status for JG Chemicals on 11 Mar 24. The refund process for your funds will start promptly on 12 Mar 24. JG Chemicals IPO credit of shares will be on 12 Mar 24. The listing date for JG Chemicals is on 13 Mar 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
JG Chemicals IPO Reservation
The JG Chemicals IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
JG Chemicals IPO Lot Size
Bids can be made for minimum of 67 shares and in multiple of 67 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 67 | 14,807 |
| Retail (Max) | 13 | 871 | 192,491 |
| S-HNI (Min) | 14 | 938 | 207,298 |
| S-HNI (Max) | 67 | 4,489 | 992,069 |
| B-HNI (Min) | 68 | 4,556 | 1,006,876 |
JG Chemicals IPO Promoters Holding
Promoters holding details for JG Chemicals in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to -%.
Promoters of JG Chemicals are Uresh Jhunjhunwala, Anirudh Jhunjhunwala, Anuj Jhunjhunwala,
| Share Holding Pre Issue | 100% |
|---|---|
| Share Holding Post Issue | -% |
JG Chemicals Financial Information
Financial performance details for JG Chemicals over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Dec 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 271.26 | 297.79 | 264.14 | 209.94 |
| Revenue | 491.1 | 794.19 | 623.05 | 440.41 |
| Profit After Tax | 18.51 | 56.79 | 43.13 | 28.8 |
JG Chemicals IPO Key Performance Indicator
Key Performance Indicators (KPIs) for JG Chemicals are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 16.25 |
| ROCE | 11.86% |
| ROE | 8.16% |
| RoNW | 36.39% |
| EPS (Rs) | 13.6 |
Object of the Issue
- • 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
- • Funding long-term working capital requirements of the Company
- • General corporate purposes
Contact Details for JG Chemicals
Registrar Details for JG Chemicals
Kfin Technologies Limited
Phone
Office
Selenium, Tower B, Plot No –31 and 32, Financial District Nanakramguda, Serilingampally Hyderabad, Rangareddi 500 032 Telangana, India
Lead Manager
- • Centrum Capital Limited
- • Emkay Global Financial Services Ltd
- • Keynote Financial Services Ltd