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J.G.Chemicals Ltd
J.G.Chemicals Ltd
Registered Office : Adventz Infinity @ 5 15 flr,Unit 1511 plot 5 Block BN Sec5,Salt Lake West Bengal 700091 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
Opens On
Closes On
05-Mar-2024
07-Mar-2024
Application
Allotment
221.00
0.00
Minimum Application for shares in Nos : 67.0 Further Multiples of : 67.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
149.32
251.19
39.19
221.00
Centrum Capital Ltd
Emkay Global Financial Services Ltd
Keynote Financial Services Ltd
- 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
- Suresh Jhunjhunwala
- Anirudh Jhunjhunwala
- Anju Jhunjhunwala
- BSE
- NSE
- KFin Techologies Ltd