Company Name | JG Chemicals Limited |
Open Date | 05-03-2024 |
Close Date | 07-03-2024 |
Exchange | BSE, NSE |
Lot Size | 67 Shares |
Issue Price | ₹210 to ₹221 per share |
Issue Size | 1,13,66,063 shares |
Application Amount | Min. Inv. - ₹ 14,807 (67 shares) Max. Inv. – ₹ 1,92,491 (871 shares) |
Recommendation | Apply |
JG Chemicals Limited was originally incorporated in the year 1975 and has its registered office in Saltlake, West Bengal, India. The company is in the business of manufacturing zinc oxide through French process. It sells over 80 grades of zinc oxide and are among the top ten manufacturers of zinc oxides globally. Over the last three years, company has marketed and sold product to over 200 domestic customers and over 50 global customers in more than 10 countries. Company’s product caters to a wide spectrum of industrial applications, including in the rubber (tyre & other rubber products), ceramics, paints & coatings, pharmaceuticals & cosmetics, electronics & batteries, Agro chemicals & fertilizers, Speciality chemicals, lubricants, oil & gas and animal feed. As of December 31st, 2023, the Company had 112 employees on its payroll.
For the Period Ended | Mar-21 | Mar-22 | Mar-23 | Dec-23 |
Total Assets | 209.94 | 264.14 | 297.79 | 271.26 |
Net Assets | 108.48 | 152.62 | 152.62 | 225.91 |
Total Borrowings | 74.45 | 93.94 | 70.35 | 24.97 |
Total Revenue | 440.41 | 623.05 | 794.19 | 491.10 |
Profit After Tax | 28.79 | 43.12 | 56.79 | 18.51 |
Opening Date | 05/03/2024 |
Closing Date | 07-03-2024 |
Basis of Allotment | 11-03-2024 |
Initiation of Refunds | 12-03-2024 |
Credit of Shares to Demat | 12-03-2024 |
Listing Date | 13-03-2024 |
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 centre 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. |
Registered Office | JG Chemicals Limited - 34A, Metcalfe Street, Kolkata – 700 013 |
Phone | +91 33 4014 0100 |
corporate@jgchem.com | |
Website | https://jgchem.com/ |
JG Chemicals IPO DRHP |
JG Chemicals IPO RHP |
Name | Kfin Technologies Limited |
Phone | 04067162222, 04079611000 |
jgchemicals.ipo@kfintech.com | |
Website | https://kosmic.kfintech.com/ipostatus/ |
QIB Shares Offered | Not more than 50% of the Net Issue |
Retail Shares Offered | Not less than 35% of the Net Issue |
NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Share Holding Pre Issue (Promoters) | 100.00% |
Share Holding Post Issue (Promoters) | 70.99% |