JG Chemicals Limited
ListedMainboardIndustrial & Financial Services · NSE / BSE
JG Chemicals Limited, founded in 1975, is a premier zinc oxide manufacturer utilizing the French process, offering a diverse portfolio of over 80 grades catering to industries such as ceramics, paints and coatings, pharmaceuticals, electronics, agrochemicals, lubricants, and animal feed. The company operates three advanced manufacturing facilities in Jangalpur and Belur, Kolkata, West Bengal, and Naidupeta, Andhra Pradesh, with the latter being the largest under its subsidiary. Committed to quality, JG Chemicals adheres to ISO 45001:2018, ISO 14001:2015, and ISO 9001:2015 standards. With a strong financial track record, including a CAGR of 23.87% between FY 2020-2022, and a global presence serving over 200 domestic and 50 international clients across 10+ countries, the company continues to solidify its market leadership, supported by a dedicated workforce of over 100 employees.
Price Band
₹210 – ₹221
Issue Size
₹251 Cr
Lot Size
67 shares
GMP
₹5
+2.3%
Est. Listing
₹226
at current GMP
Subscribed
28.52x
overall
Open
5 Mar 2024
Close
7 Mar 2024
Allotment
11 Mar 2024
Refund
12 Mar 2024
Demat Credit
13 Mar 2024
Listing
13 Mar 2024
Last updated 12 days ago
Official Registrar Verification
JG Chemicals Limited Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
11 Mar 2024
Basis finalization
Refunds Initiate
12 Mar 2024
Mandate release
Demat Credit
13 Mar 2024
Shares in demat
Listing Debut
13 Mar 2024
Trading begins
How to Check JG Chemicals Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select JG Chemicals Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About JG Chemicals Limited Public Issue & Market Profile
JG Chemicals Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹251.19 Crores. The shares are offered at a price band of ₹210 to ₹221 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 67 shares (approx. ₹14,807 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-03-13, while un-allotted funds or UPI block mandates will be released on 2024-03-12.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.