JG Chemicals is widely known as the producer of zinc oxide, in India when it comes to both production volume and revenue generated from zinc oxide production using the method. The French method is the production technique used by leading manufacturers in the Americas, Europe, and Asia. They provide a range of, over 80 zinc oxide grades. Are listed among the top ten global manufacturers of zinc oxides.
JG Chemicals has expanded significantly in its business and operations growing into a player, in the zinc oxide industry with a presence. Their products are used in sectors such as rubber, ceramics, paints, pharmaceuticals, electronics, agrochemicals, specialty chemicals, lubricants, oil and gas, and animal feed. In the three years they have distributed their goods to over 200 clients and more, than 50 international customers across 10 countries.
In India, the tyre industry consumes 70% of the rubber supply with JG Chemicals serving as a supplier, to companies in this sector. They provide products to most of the tyre manufacturers and all major Indian tyre companies. Moreover, they also serve paint, footwear, and cosmetics firms, in the market.
JG Chemicals IPO Complete Details:
JG Chemicals IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of JG Chemicals is Around 51 Rs.
Objects Of Issue:
1. The investment in the Material Subsidiary, namely BDJ Oxides, entails (i) the full or partial repayment of all borrowings obtained by the Material Subsidiary, (ii) financing the capital expenditure needs for establishing a research and development center located in Naidupeta (“R&D Center”), and (iii) addressing its long-term working capital necessities.
2. The funding for long-term working capital requirements of the Company is being arranged.
3. Additionally, funds are allocated for general corporate purposes.
Promoters:
- SURESH JHUNJHUNWALA
- ANIRUDH JHUNJHUNWALA
- ANUJ JHUNJHUNWALA
FAQs:
When JG Chemicals IPO is Opening?
JG Chemicals IPO is Opening on 05 March 2024.
When is the JG Chemicals IPO Closing?
JG Chemicals IPO is Closing on 07 March 2024.
What is the Issue Size of the JG Chemicals IPO?
The IPO Issue Size of JG Chemicals is 251.19 Crore.
Price Band of JG Chemicals IPO?
The price Band of JG Chemicals IPO is 210 to 221 rupees per share.
What is the minimum investment for a JG Chemicals IPO?
The minimum investment for the JG Chemicals IPO is 14,807 Rupees.
Allotment Date of JG Chemicals IPO?
The Allotment of JG Chemicals IPO is on 11 March 2024.
Listing Date of JG Chemicals IPO?
The Listing Of JG Chemicals is Scheduled on 13 March 2024.
One Should Apply for JG Chemicals IPO or Not?
Will Update Soon..
How to apply for JG Chemicals IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find JG Chemicals IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for JG Chemicals IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find JG Chemicals IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for JG Chemicals IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find JG Chemicals IPO from the list ——–> Click on JG Chemicals IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of JG Chemicals?
Centrum Capital Limited, Emkay Global Financial Services Limited, and Keynote Financial Services Limited are the Lead Managers of JG Chemicals.
Where To Check the Allotment of JG Chemicals IPO?
The allotment status for the JG Chemicals IPO will be accessible on the Kfin Technologies Limited website.
JG Chemicals IPO is going to be listed at?
JG Chemicals IPO is going to be listed at NSE & BSE.
What is the Lot Size of the JG Chemicals IPO?
The lot size of the JG Chemicals IPO is 67 Shares.
What is the P/E Ratio of the JG Chemicals?
The P/E Ratio of the JG Chemicals is 16.25.
What is the EPS of the JG Chemicals?
The EPS of the JG Chemicals is 13.6.
What is the ROE of the JG Chemicals?
The ROE of JG Chemicals is 8.20%.
What is the ROCE of the JG Chemicals?
The ROCE of the JG Chemicals is 11.86%.
