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JG Chemicals IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 251.19 Cr. The company is based in Kolkata and caters to Chemical sector. Keynote Financial Services , Smart Horizon Capital Advisors , Emkay Global Financial Services are the merchant bankers of JG Chemicals IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 4th January 2023.
JG Chemicals IPO open date is 5th March 2024 and close date is 7th March 2024. IPO Allotment Date is 11th March 2024 and Listing date is 13th March 2024.
IPO
Size:
₹ 251.19 Cr.
Avg IPO Size (Sector Based)
: ₹
595.38 cr.
Sector: Chemical
IPO so far:
39
Merchant Banker:
Keynote Financial
IPO by BRLM so far:
17
City:
Kolkata
IPO so far:
29
Revenue (annualised):
₹
654.80
cr. 
PE
Ratio:
20.08x
Average Sector PE Ratio: 23.14x
JG Chemicals IPO size is ₹ 251.19 Cr. with IPO price of ₹ 221.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Keynote Financial Services Limited is the book-running lead manager of the JG Chemicals IPO. Kfin Technologies Limited is the Registrar for JG Chemicals IPO.
JG Chemicals IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
JG Chemicals IPO, based in Kolkata, operates in the Chemical sector with a focus on zinc oxide manufacturer. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. JG Chemicals IPO size is ₹ 251.19 Cr. with fresh issue size of ₹ 165.00 Cr. and Offer for sale being ₹ 86.19Cr.
The IPO allotment date for JG Chemicals IPO is expected to be 11th March 2024, after the finalization of basis of allotment. Investors can check JG Chemicals IPO allotment status on the registrars website, Kfin Technologies Limited . JG Chemicals IPO refund dates are 12th March 2024.
JG Chemicals IPO is expected to be listed on 13th March 2024.
The upper price band for the JG Chemicals IPO is set at ₹ 221.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on JG Chemicals IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the JG Chemicals IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 7th March 2024. After submission, funds are blocked until the basis of allotment of JG Chemicals IPO is finalised.
The merchant banker for JG Chemicals IPO is Keynote Financial Services Limited , Smart Horizon Capital Advisors Private Limited , Emkay Global Financial Services Limited . Keynote Financial Services Limited , Smart Horizon Capital Advisors Private Limited , Emkay Global Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the JG Chemicals IPO RHP for further details.
The registrar for JG Chemicals IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to JG Chemicals IPO through their official website or helpline.
JG Chemicals IPO was subscribed 28.52 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 251.19 Cr.
Avg IPO Size (Sector Based)
:
₹ 595.38 Cr.
Sector: Chemical
IPO so far:
39
Merchant Banker:
Keynote Financial
IPO by BRLM so far:
17
City:
Kolkata
IPO so far:
29
Revenue (annualised):
₹ 972.64 cr.
PE
Ratio:
20.08x
Average Sector PE Ratio: 23.14x
JG Chemicals IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on JG Chemicals Financial Review Page
Merchant Banker(s) of JG Chemicals IPO: Keynote Financial Services Limited , Smart Horizon Capital Advisors Private Limited , Emkay Global Financial Services Limited
JG Chemicals IPO subscription was 28.52 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
JG Chemicals IPO listed at a listing price of 184.65 against the offer price of 221.00.
The current market price of JG Chemicals is 381.05.
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