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JG Chemicals IPO : Leading in Zinc Oxide Manufacturing
JG Chemicals emerges as India’s foremost zinc oxide manufacturer, boasting the largest production and revenue figures in the industry. Their expertise lies in the French process, the dominant technology embraced by major producers worldwide, including the Americas, Europe, and Asia. With a substantial 30% market share as of March 2022, according to the CARE Report, they stand tall among the industry giants.
Diversity is the cornerstone of JG Chemicals’ success. Offering an impressive array of over 80 zinc oxide grades, they rank among the top ten global manufacturers. Their products find utility across a broad spectrum of industrial applications, from rubber for tires and other products to ceramics, paints, pharmaceuticals, cosmetics, electronics, batteries, agro-chemicals, fertilizers, specialty chemicals, lubricants, oil, gas, and even animal feed.
Established in 2001, JG Chemicals has steadily expanded its operations to become a significant player on the global stage. With a legacy spanning over four decades in the manufacturing sector, their experience is unmatched. This legacy ensures that they are adept at catering to the diverse needs of customers across various industries.
What truly sets JG Chemicals apart is its commitment to building lasting relationships. Over the years, they have forged strong ties with customers in industries such as tires, ceramics, rubber, paints, cosmetics, and batteries. This dedication is reflected in their impressive client roster, boasting over 200 domestic customers and more than 50 global clients across ten countries in the past three years alone.
As they continue to innovate and expand their reach, JG Chemicals remains a beacon of excellence in the zinc oxide manufacturing landscape. Their products not only meet industry standards but also exceed expectations, driving growth and success for customers worldwide. With a focus on quality, reliability, and customer satisfaction, JG Chemicals is poised to lead the way for years to come.
JG Chemicals Peer Group
- Suresh Jhunjhunwala
- Anirudh Jhunjhunwala
- Anuj Jhunjhunwala
JG Chemicals IPO Details, Date, Size, Price Band
| IPO Opening Date | 5 Mar 2024 |
| IPO Closing Date | 7 Mar 2024 |
| Listing Date | 13 Mar 2024 |
| Face Value | ₹10 Per Share |
| IPO Size | Aprox ₹251.19 Crores |
| Fresh Issue | Aprox ₹165 Crore |
| Price Band | ₹220 to ₹221 Per Share |
| Offer for Sale: | Aprox 11,366,063 Per Share |
| Minimum Bid | 67 Shares |
| Employee Discount | N/A |
| Issue Type | Book Built Issue Type IPO |
| Retail Quota Allocation | 35 % of net offer Issue |
| NII Quota Allocation | 15 % of net offer Issue |
| QIB Quota Allocation | 50 % of net offer Issue |
| IPO Listing on | NSE, BSE |
JG Chemicals IPO Financials
Talking about financials of
| Dates | Revenue | Expense | PAT |
| 2021 | ₹407.27 Cr | ₹388.16 Cr | ₹13.95 Cr |
| 2022 | ₹440.40 Cr | ₹399.20 Cr | ₹28.80 Cr |
| 2023 | ₹623.05 Cr | ₹565.60 Cr | ₹43.13 Cr |
| 2023 Sep | ₹432.20 Cr | ₹383.67 Cr | ₹35.71 Cr |
JG Chemicals IPO Important Dates
JG Chemicals IPO bidding will start from 5 Mar 2024 and closing date is 7 Feb 2024. you can start bidding from 5 Mar 2024 10AM till 7 Mar 2024 5PM. The IPO Finalization Date is 11 Mar 2024 and it will be listed on 13 Mar 2024 .
| price Band Announcement | 4 Mar 2024 |
| IPO Open Date | 5 Mar 2024 |
| IPO Close Date | 7 Mar 2024 |
| Basis of Allotment | 11 Mar 2024 |
| Refund Initiation | 12 Mar 2024 |
| Share Credit to Account | 12 Mar 2024 |
| Listing Date | 13 Mar 2024 |
JG Chemicals IPO Lot Size Details
JG Chemicals IPO Retail investor can apply for minimum Lot of 67 shares with amount of ₹14807 and Retail Investor can apply maximum up to 13 Lots of 871 shares with price amount ₹1,92,491.
| Application | Lots | Shares | Amount |
| Retail Quota (Min) | 1 | 67 | ₹14,807 |
| Retail Quota (Max) | 13 | 871 | ₹192,491 |
| S-HNI Quota (Min) | 14 | 938 | ₹207,298 |
| B-HNI Quota (Min) | 68 | 4,556 | ₹1,006,876 |
JG Chemicals IPO Promoters
- Hardeep Singh
- Surmeet Kaur
JG Chemicals IPO Prospectus
JG Chemicals Company Contact Information
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 Registarar Information
KFin Technologies Limited
Tel: +91 40 6716 2222
Email: [email protected]
Website : www.kfintech.com
JG Chemicals IPO FAQs
What is JG Chemicals IPO ?
JG Chemicals IPO has been started from 6 June 2023 and close on 8 June 2023. company set IPO Price to ₹270 to ₹285 Per Share with total ipo size of ₹606.50 Crore. it will be listed on NSE, BSE on 6 June 2023.
What is JG Chemicals IPO Price Band ?
JG Chemicals price Band is ₹220 to ₹221 Per Share.
What is JG Chemicals IPO Size ?
JG Chemicals IPO size is ₹165 Crore.
What is JG Chemicals IPO Start Date ?
JG Chemicals IPO start date is 5 Mar 2024.
What is JG Chemicals IPO End Date ?
JG Chemicals IPO end Date is 7 Mar 2024.
What is JG Chemicals IPO Allotment Date ?
JG Chemicals IPO Allotment Date is 11 Mar 2024.
What is JG Chemicals IPO Listing Date ?
JG Chemicals IPO listing date is 13 Mar 2024. it will be listed on NSE, BSE
What is JG Chemicals IPO Minimum Retail Share to Apply ?
JG Chemicals IPO Minimum Retail Share to apply is 67 Shares.
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