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graph-market IPO

J.G.Chemicals Ltd

Registered Office: Adventz Infinity @ 5 15 flr,Unit 1511 plot 5 Block BN Sec5, Salt Lake - 700091, West Bengal, India.
Phone : 91-33-4014 0100   Fax:
Email :  corporate@jgchem.com  
Website :  www.jgchem.com

Initial public offer of 1,13,66,063^ equity shares of face value of Rs. 10 each ("Equity Shares") of J.G.Chemicals Limited ("Company" or "Issuer") for cash at a price of Rs. 221 per equity share (including a share premium of Rs. 211 per equity share) ("Offer Price") aggregating to Rs. 251.19 crores^ ("Offer") comprising a fresh issue of 74,66,063^ equity shares aggregating to Rs. 165.00 crores^ by the company (the "Fresh Issue") and an offer for sale of 3,900,000^ equity shares aggregating to Rs. 86.19 crores^ by the selling shareholders ("Offer for Sale") comprising 2,028,900^ equity shares aggregating to Rs. 44.84 crores^ by Vision Projects & Finvest Private Limited, 1,100^ equity shares aggregating to Rs. 0.02 crores^ by Jayanti Commercial Limited, 1,260,000^ equity shares aggregating to Rs. 27.85 crores^ by Suresh Kumar Jhunjhunwala (HUF), and 610,000^ equity shares aggregating to Rs. 13.48 crores^ by Anirudh Jhunjhunwala (HUF) (collectively, the "Selling Shareholders" and such equity shares, the "Offered Shares"). The offer shall constitute 29.01% of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 each. the offer price is 22.10 times the face value of the equity shares. ^Subject to finalisation of basis of allotment

Issue Money Payable On
Opens On Closes On Application Allotment
05-Mar-24 07-Mar-24 221.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 67   Further Multiples of : 67
  Rs Cr Lead Managers to the Issue
Project Cost 149.32 Centrum Capital Ltd
Project Financed through Current Offer 251.19  
Post Issue Equity Share Capital 39.19  
Issue Price 221.00  

Projects

  • Repayment or pre-payment in full or part of all or certain borrowings availed by the material subsidiary
  • Funding capital expenditure requirements for setting up of R&D Centre
  • Funding its long term working capital requirements
  • Funding long term working capital requirements of the company
  • General Corporate Purposes

Promoted By

Suresh Jhunjhunwala

Anirudh Jhunjhunwala

Anju Jhunjhunwala

Listing At

BSE

NSE

Registrar to the Issue

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