JG Chemicals IPO

JG Chemicals IPO is a book built issue of Rs 251.19 crores. The issue is a combination of fresh issue of 0.75 crore shares aggregating to Rs 165.00 crores and offer for sale of 0.39 crore shares aggregating to Rs 86.19 crores.

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JG Chemicals Limited was founded in 1975 and is a zinc oxide manufacturer using the French process. The company produces more than 80 grades of zinc oxide. This product is used in various industrial applications such as ceramics, paints and coatings, pharmaceuticals and cosmetics, electronics and batteries, agrochemicals and fertilizers, specialty chemicals, lubricants, oil and gas, and animal feed. The company operates three manufacturing facilities in Jangalpur and Belur, both in Kolkata, West Bengal and Naidupeta in Nellore District, Andhra Pradesh. Naidupeta is the largest facility, owned and operated by the Material subsidiary. All manufacturing facilities are ISO 45001:2018 and ISO 14001:2015 certified and ISO 9001:2015 accredited. The company has served the needs of more than 200 local and 50 international customers in more than 10 countries. As of December 31, 2023, the company employed 112 permanent employees, over 100 workers and apprentices. For the nine-month period ended December 31, 2023 and the financial years 2023, 2022 and 2021, the Company recorded operating income of ? 4,863.22 million, ? 7,845.76 million, ? 6,128.30 million and ? 4,352.98 million respectively. Read more

How do I apply for the JG Chemicals IPO?

You can apply for the JG Chemicals IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.