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IPO Snapshot    
JG Chemicals Ltd.
Issue Open Date 05-Mar-24  
Issue Closing Date 07-Mar-24  
Application Money 100  
Allotment Money  
Price Band 210 - 221  
Minimium Application No. 67  
Issue Size (Shares) 11366063  
Market Lot 1.00  
Objective
1. Investment in our Material Subsidiary, viz. BDJ Oxides (i) repayment or pre-payment, in full or in part, of all or certain borrowings availed by our Material Subsidiary(ii) funding capital expenditure requirements for setting up of a research and development centre situated in Naidupeta (“R&D Centre”) (iii) funding its long-term working capital requirements2. Funding long-term working capital requirements of our Company3. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   1763572   81703351   46.33  
Qualified Institutional Buyers   2290142   73493841   32.09  
Retail Individual Investors   4115000   71769261   17.44  
Business Description
We are India’s largest zinc oxide manufacturer in terms of production and revenue for zinc oxide manufacturingthrough French process, which is the dominant production technology for producing zinc oxide and has beenadopted by all the major producers in America
more...
Promoter's Holding
Total Share Capital   31720000  
Offered to Public   11366063  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   70.99  
Address
Adventz Infinity @ 5
15th Floor
Unit 1511
Plot 5
Block - B N
Sector - V
Salt Lake Electronics Complex
Bidhan Nagar Ck Market North 24
Saltlake
Parganas ,
West Bengal ,
700091
Phone:033-40140100
Email:corporate@jgchem.com
Website: www.jgchem.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Centrum Capital Ltd
Emkay Global Financial Services Ltd
Keynote Financial Services Ltd.
Promoters
Anirudh Jhunjhunwala
Anuj Jhunjhunwala
Suresh Jhunjhunwala