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J.G.Chemicals Limited

  • Minimum Investment
    ₹14,070
  • Price Range
    ₹210 - ₹221
  • Issue Size
    ₹251.19 Cr
  • Lot Size
    67 shares

Proceeds of this IPO to be used for

Investment in the material subsidiary, viz. BDJ Oxides:

Repayment or pre-payment, in full or in part, of all or certain borrowings availed by the material subsidiary. 

Funding capital expenditure requirements for setting up a research and development centre in Naidupeta.

Funding its long-term working capital requirements.

Funding long-term working capital requirements of the company.

General corporate purposes.

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of J.G.Chemicals Limited

Leading market position

The company is the largest manufacturer of zinc oxides in India and ranks among the top ten manufacturers globally. It has an installed capacity of 59,904 MTPA for zinc oxide, 7,056 MTPA for zinc ingots, and 10,080 MTPA capacity for zinc sulphate and other allied chemicals

High entry barriers

The end-use industries present significant entry barriers due to specific factors unique to these sectors. Given the nature of product applications and the processes involved, the products are subject to high quality standards and rigorous product approval systems

Strong and consistent financial performance

The company has experienced sustained growth across various financial indicators and has seen consistent improvement in its balance sheet position

Dependent on select customers

The company derives a significant portion of its revenue from select customers. If one or more of these customers decide not to source their requirements from the company, its business, financial condition, and results of operations may be adversely affected

Pending litigations

There are pending litigations against the company, its subsidiaries, and certain of its directors. Any adverse decision in these proceedings may render them liable to liabilities/penalties and could adversely affect the business

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About J.G.Chemicals Limited

J G Chemicals was incorporated on March 15, 1975. The company is India's largest zinc oxide manufacturer in terms of production and revenue, specializing in zinc oxide manufacturing through the French process. This method is the dominant production technology for producing zinc oxide and has been adopted by all the major producers in the Americas, Europe, and Asia.
  • Promoter
    Suresh Jhunjhunwala
  • Promoter
    Anirudh Jhunjhunwala
  • Promoter
    Anuj Jhunjhunwala

J.G.Chemicals Limited IPO FAQs

What is J.G.Chemicals Limited IPO?

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J.G.Chemicals Limited IPO refers to the initial public offering of shares by J.G.Chemicals Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of J.G.Chemicals Limited IPO?

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For J.G.Chemicals Limited IPO the issue size is ₹251 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the J.G.Chemicals Limited IPO?

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For J.G.Chemicals Limited IPO the minimum investment is ₹14,070. The minimum investment for J.G.Chemicals Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of J.G.Chemicals Limited IPO?

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For J.G.Chemicals Limited IPO the lot size is 67 shares. The lot size of J.G.Chemicals Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for J.G.Chemicals Limited IPO on Share.Market?

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To apply for J.G.Chemicals Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the J.G.Chemicals Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for J.G.Chemicals Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for J.G.Chemicals Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of J.G.Chemicals Limited IPO?

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For J.G.Chemicals Limited IPO the allotment date is March 11, 2024. The allotment date of J.G.Chemicals Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of J.G.Chemicals Limited IPO?

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For J.G.Chemicals Limited IPO, the subscription opens on March 5, 2024 and closes on March 7, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
27.76x Oversubscribed
Trade
Bidding Ongoing
-
Total Subscription
27.76x Oversubscribed
Trade