JG Chemicals IPO Date, Review, Price, Allotment Details

JG Chemicals is India’s largest zinc oxide manufacturer in terms of production and revenue for zinc oxide manufacturing through the French process, which is the dominant production technology for producing zinc oxide and has been adopted by all the major producers in the Americas, Europe, and Asia (Source: CARE Report). The market share of their Company is around 30% as of March 2022 (Source: CARE Report). They sell over 80 grades of zinc oxide and are among the top ten manufacturers of zinc oxides globally (Source: CARE Report).

Since their incorporation in 2001, they have expanded their business and scale of operations and have grown into a large, diversified zinc oxide player with a global footprint. Their product caters to a wide spectrum of industrial applications, including rubber (tire & other rubber products), ceramics, paints & coatings, pharmaceuticals & cosmetics, electronics & batteries, agro-chemicals & fertilizers, specialty chemicals, lubricants, oil & gas, and animal feed.

Owing to their legacy of over four decades in manufacturing businesses, they benefit from their experience in catering to a wide array of customers. They have built a long-standing relationship with customers across end-user industries in the tires, ceramics, rubber, paints, cosmetics, and batteries industry. Over the last three years, they marketed and sold their product to over 200 domestic customers and over 50 global customers in more than 10 countries.

Objects of the Issue

• 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”); and (iii) funding its long-term working capital requirements
• Funding long-term working capital requirements of our Company.
• General corporate purposes.

JG Chemicals IPO Review (Apply or Not)

• Apply

Brokerage Firm IPO Review

• Arihant Capital Markets Ltd – Apply
• Swastika Investmart Ltd – Apply

JG Chemicals IPO Date & Price Band Details

JG Chemicals IPO Market Lot

The JG Chemicals IPO minimum market lot is 67 shares with ₹14,807 application amount. The retail investors can apply up-to 13 lots with 871 shares or ₹192,491 amount.

JG Chemicals IPO Allotment & Listing Dates

The JG Chemicals IPO date is March 5 and the close date is March 7. The JG Chemicals IPO allotment will be finalized on March 11 and the IPO listing on March 13.

You can check IPO subscription status and IPO allotment status on their respective pages.

JG Chemicals IPO Form

How to apply for the JG Chemicals IPO? You can apply for JG Chemicals IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the JG Chemicals IPO in the Invest section. The other option is you can apply for JG Chemicals IPO via IPO forms downloaded via NSE and BSE. Check out the JG Chemicals forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

JG Chemicals Company Financial Report

JG Chemicals IPO Valuation – FY2023

Check JG Chemicals IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• NA

Company Promoters

• Suresh Jhunjhunwala
• Anirudh Jhunjhunwala
• Anuj Jhunjhunwala

JG Chemicals IPO Registrar

KFin Technologies Limited
Phone : +91 40 6716 2222
Email : [email protected]
Website : www.kfintech.com

JG Chemicals IPO Allotment Status Check

Check JG Chemicals IPO allotment status on KFinTech website allotment URL. Click Here

JG Chemicals IPO Lead Managers aka Merchant Bankers

• Keynote Corporate Services Ltd

Company Address

JG Chemicals Limited
34A, Metcalfe Street,
Kolkata – 700 013, West Bengal
Phone : +91 33 4014 0100
Email : [email protected]
Website : www.jgchem.com

JG Chemicals IPO FAQs