JG Chemicals IPO GMP, Price, Date, Allotment

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JG Chemicals IPO GMP

JG Chemicals IPO Description – Established in 2001, JG Chemicals has significantly expanded its business and scale of operations, evolving into a major, diversified zinc oxide player with a global presence. The company’s products serve a broad spectrum of industrial applications, including rubber (tyres and other rubber products), ceramics, paints and coatings, pharmaceuticals and cosmetics, electronics, and batteries, agrochemicals and fertilizers, specialty chemicals, lubricants, oil and gas, and animal feed.

JG Chemicals has established enduring relationships with customers across various end-user industries, including tires, ceramics, rubber, paints, cosmetics, and batteries. In the past three years, the company has marketed and sold its products to over 200 domestic customers and over 50 global customers spanning more than 10 countries.

As of 31 October 2022, JG Chemicals’ total installed capacity of 77,040 metric tons per annum (MTPA) is distributed among three manufacturing facilities located in (i) Jangalpur (Kolkata), (ii) Belur (Kolkata), and (iii) Naidupeta (Andhra Pradesh).

As of 31 October 2022, JG Chemicals employed 49 contract workers.

JG Chemicals

Promoters of JG Chemicals – Suresh Jhunjhunwala, Anirudh Jhunjhunwala, and Anuj Jhunjhunwala


JG Chemicals IPO Details

JG Chemicals IPO DatesComing soon
JG Chemicals Issue PriceComing soon
Fresh issueINR 202.50 crore
Offer For Sale5,700,000 shares
Total IPO sizeComing soon
Minimum bid (lot size)Coming soon
Face Value INR 10 per share
Retail Allocation35%
Listing OnBSE, NSE

JG Chemicals Financial Performance

 FY 2020FY 2021FY 2022H1 FY 2023
Revenue399.39435.30612.83425.07
Expenses388.16399.21565.60383.67
Net income13.9528.8043.1335.71
Margin (%)3.496.627.048.40
Figures in INR Crores unless specified otherwise

JG Chemicals Offer News


JG Chemicals Valuations & Margins

FY 2020FY 2021FY 2022
EPS4.087.3912.61
PE ratio
RONW (%)15.2521.6127.09
NAV26.7834.2046.55
ROCE (%)18.3625.2725.83
EBITDA (%)6.8011.1710.83
Debt/Equity0.620.690.62
*Compiled by IPO Central from Prospectus

JG Chemicals IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
Coming soon

JG Chemicals Offer Objectives

The company intends to utilize the Net Proceeds towards the following objects:

  • Investment in the Material Subsidiary, viz. BDJ Oxides (i) repayment or pre-payment, in full or in part, of all or certain borrowings availed by the Material Subsidiary- INR 45 crore (ii) funding capital expenditure requirements for setting up of a research and development center situated in Naidupeta (R&D Centre)- INR 5.31 crore and (iii) funding its long-term working capital requirements – INR 65 crore
  • Funding long-term working capital requirements of the company – INR 35 crore
  • General corporate purposes.

JG Chemicals IPO Subscription – Live Updates

Coming soon


JG Chemicals IPO Allotment Status

JG Chemicals IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.


JG Chemicals IPO Dates & Listing Performance

IPO Opening DateComing soon
IPO Closing DateComing soon
Finalization of Basis of AllotmentComing soon
Initiation of refundsComing soon
Transfer of shares to demat accountsComing soon
JG Chemicals IPO Listing DateComing soon
Opening Price on NSEComing soon
Closing Price on NSEComing soon

JG Chemicals IPO Reviews – Subscribe or Avoid?

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JG Chemicals IPO Lead Manager

KEYNOTE FINANCIAL SERVICES LIMITED
The Ruby, 9th Floor, Senapati Bapat Marg,
Dadar (West), Mumbai – 400028
Tel: 022– 68266000
E-mail: [email protected]
Website: www.keynoteindia.net


JG Chemicals Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com


JG Chemicals Contact Details

J.G.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

How many shares in JG Chemicals IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply for JG Chemicals Public Offer?

The best way to apply for JG Chemicals’ public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is JG Chemicals IPO GMP today?

JG Chemicals IPO GMP today is INR NA per share.

What is JG Chemicals’ kostak rate today?

JG Chemicals’ kostak rate today is INR NA per application.

What is JG Chemicals Subject to Sauda rate today?

JG Chemicals Subject to Sauda rate today is INR NA per application.

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