₹ 14807 / 67 shares
Issue Date
05 Mar - 7 Mar'24
Investment/lot
₹ 14807
Price Range
210 - 221
Lot Size
67
IPO Size
₹ 251.19 Cr
Listing On
13 Mar'24
Issue Price
221
Listed Price
₹ 209
Retail Gain/Listing Gain
▼-5.43%
J.G.Chemicals is India’s largest zinc oxide manufacturer in production and revenue for zinc oxide manufacturing through the French process (Source: CARE Report).
The company sells over 80 grades of zinc oxide and is among the top ten manufacturers of zinc oxides globally, with products catering to a wide spectrum of industrial applications, including rubber (tyre & other rubber products), ceramics, paints & coatings, pharmaceuticals & cosmetics, electronics & batteries, agro-chemicals & fertilisers, speciality chemicals, lubricants, oil & gas and animal feed (Source: CARE Report).
Leading market position with a diversified customer base
High entry barriers in key end-use industries
Strong and consistent financial performance
The business is almost completely dependent on the sale of one principal product i.e. zinc oxide.
The company is significantly dependent on the business operations of its material subsidiary i.e. BDJ Oxides Private Limited.
A significant part of the revenue comes from select customers.
Expand production capacities and broaden the footprint of manufacturing operations.
Further diversify product offerings and enter new verticals.
Deep mining of existing customers and continued focus to expand customer base.
Here are the key financials for J.G.Chemicals Limited:
Particulars (in Rs. million)
Particulars (in Rs. million)
How to apply for IPO through ASBA
Kotak Securities
•04m 01s
Opening of account will not guarantee allotment of shares in IPO. Investors are requested to do their own due diligence before investing in any IPO.
Here are the steps to apply for J.G.Chemicals Ltd IPO:
Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.
Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.
Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.
Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.
J.G.Chemicals Ltd IPO will list on 2024-03-13.
251.19 is the issue size of J.G.Chemicals Ltd IPO.
The minimum lot size is 67 shares and the investment required is ₹14807.
The price band of J.G.Chemicals Ltd IPO is ₹210 to ₹221.
You can read more about J.G.Chemicals Ltd and its IPO from the company’s red herring prospectus (RHP) here.
KFin Technologies Limited is the registrar for this IPO.