What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of JG Chemicals Limited IPO?

JG Chemicals Limited IPO has received a total subscription of 28.52 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

JG Chemicals Limited

ListedMainboard

Industrial & 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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

28.52x

Total Demand

QIB Multiplier

32.33x

Institutions & Funds

NII / HNI

47.92x

High Net-Worth

Retail (RII)

18.03x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 28.52x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	2,273,214	73,493,841	32.33x
NIB	1,704,910	81,695,780	47.92x
HNIs(10L +)	1,136,606	57,123,999	50.26x
HNIs (2-10L)	568,303	24,571,781	43.24x
RETAIL	3,978,122	71,721,624	18.03x
Total	9,661,155	308,607,025	28.52x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 19.10x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	59,375	1,070,531	18.03x
HNIs (10L +)	380	18,210	47.92x
HNIs (2-10L)	1,818	87,119	47.92x
Total Applications	61,573	1,175,860	19.10x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 is JG Chemicals Limited IPO GMP today?

The latest Grey Market Premium (GMP) for JG Chemicals Limited IPO is ₹5 per equity share. Based on the upper price band of ₹210 to ₹221 per equity share, the estimated listing price is ₹226 (+2.3% expected listing gain).

What is the expected profit per lot for JG Chemicals Limited IPO?

With a lot size of 67 shares and current GMP of ₹5, the expected profit per application lot is approx ₹335 (+2.3% gain). Minimum application cost is approx ₹14,807.

What is the issue size and price band for JG Chemicals Limited IPO?

The JG Chemicals Limited IPO aggregate issue size is ₹251.19 Crores with an equity price band set at ₹210 to ₹221 per equity share. The retail lot size is 67 shares requiring a minimum capital outlay of approx. ₹14,807.

How can I check JG Chemicals Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 28.52x (Retail: 18.03x, QIB: 32.33x, NII: 47.92x). You can track live multiples directly on our dedicated subscription page.

Where and when will JG Chemicals Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-03-11. Investors can verify status using PAN card or application number.

When is the listing date for JG Chemicals Limited IPO?

JG Chemicals Limited shares are scheduled to list on NSE and BSE on 2024-03-13.