IPO Trending
JGCHEMEQ / NSE, BSEListed
JG Chemicals

JG Chemicals Limited, founded in 1975, is a premier zinc oxide manufacturer utilizing the French process, offering a diverse portfolio of over 80 grades catering to industries such as ceramics, paints and coatings, pharmaceuticals, electronics, agrochemicals, lubricants, and animal feed. The company operates three advanced manufacturing facilities in Jangalpur and Belur, Kolkata, West Bengal, and Naidupeta, Andhra Pradesh, with the latter being the largest under its subsidiary. Committed to quality, JG Chemicals adheres to ISO 45001:2018, ISO 14001:2015, and ISO 9001:2015 standards. With a strong financial track record, including a CAGR of 23.87% between FY 2020-2022, and a global presence serving over 200 domestic and 50 international clients across 10+ countries, the company continues to solidify its market leadership, supported by a dedicated workforce of over 100 employees.

DRHPANCHOR
₹210 - ₹22128.52x sub
Listed Price₹209.00
Listing Gain-5.43%

IPO Schedule & Timeline

Book Built Issue IPO
Open05 Mar 2024
Close07 Mar 2024
Allotment11 Mar 2024
Listing13 Mar 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail39,78,122 shares
35%
Nii(hni)17,04,910 shares
15%
QIB22,73,214 shares
20%

Minimum Application Lots

Retail1 Lot (67 shares)
₹14,807
sHNI14 Lots (938 shares)
₹2,07,298
bHNI68 Lots (4,556 shares)
₹10,06,876

Company Promoters

Suresh JhunjhunwalaAnirudh JhunjhunwalaAnuj Jhunjhunwala

Company Background

JG Chemicals Limited, founded in 1975, is a premier zinc oxide manufacturer utilizing the French process, offering a diverse portfolio of over 80 grades catering to industries such as ceramics, paints and coatings, pharmaceuticals, electronics, agrochemicals, lubricants, and animal feed. The company operates three advanced manufacturing facilities in Jangalp...

Lead Managers & Bankers

Centrum Capital LimitedEmkay Global Financial Services LimitedKeynote Financial Services Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-23)₹491.1 Cr
Growth+11.5%
Revenue Trend (₹ in Crores)
0.0304.4608.9913.3Mar-21Mar-22Mar-23Dec-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-23491.1018.51271.260
Mar-23794.1956.793297.790
Mar-22623.0543.126264.140
Mar-21440.4128.799209.940

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
202317.3230.50%29.38%16.25 3.51
202212.6130.64%25.83%00
20217.3925.27%25.27%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
11 Mar 2024
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
13 Mar 2024

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for JG Chemicals. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization11 Mar 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date13 Mar 2024Trading commences on exchange

How to Check JG Chemicals Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select JG Chemicals from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About JG Chemicals IPO

Complete issue overview for JG Chemicals (JGCHEM) IPO. The issue features an equity share price band of ₹210 – ₹221 per share with a minimum retail lot size of 67 Shares (minimum application amount of ₹14,807). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions