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Issue Open Date
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05-Mar-24
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Issue Closing Date
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07-Mar-24
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Application Money
|
100
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Allotment Money
|
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Price Band
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210
-
221
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Minimium Application No.
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67
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Issue Size (Shares)
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11366063
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Market Lot
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1
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Objective
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1. Investment in our Material Subsidiary, viz. BDJ Oxides (i) repayment or pre-payment, in full or in part, of all or certain borrowings availed by our Material Subsidiary(ii) funding capital expenditure requirements for setting up of a research and development centre situated in Naidupeta (“R&D Centre”) (iii) funding its long-term working capital requirements2. Funding long-term working capital requirements of our Company3. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
|
Subscription Ratio
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|
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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1763572
|
81703351
|
46.3283330649387
|
|
Qualified Institutional Buyers
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2290142
|
73493841
|
32.0913904028658
|
|
Retail Individual Investors
|
4115000
|
71769261
|
17.440889671932
|
|
|
|
|
Business Description
We are India’s largest zinc oxide manufacturer in terms of production and revenue for zinc oxide manufacturingthrough French process, which is the dominant production technology for producing zinc oxide and has beenadopted by all the major producers in Americas, Europe and Asia (Source: CARE Report). The market share ofour Company is around 30% as on March 2022 (Source: CARE Report). We sell over 80 grades of zinc oxide andare among the top ten manufacturers of zinc oxides globally (Source: CARE Report). Since our incorporation in2001, we have expanded our business and scale of operations and have grown into a large, diversified zinc oxideplayer with a global footprint. Our product caters to a wide spectrum of industrial applications, including in therubber (tyre & other rubber products), ceramics, paints & coatings, pharmaceuticals & cosmetics, electronics &batteries, agro-chemicals & fertilizers, speciality chemicals, lubricants, oil & gas and animal feed.
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Promoter's Holding
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|
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Total Share Capital
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31720000
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|
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Offered to Public
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11366063
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|
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Promoter's Holding (Pre-Issue)
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100
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Promoter's Holding (Post-Issue)
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70.99
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Address |
Adventz Infinity @ 5
15th Floor
Unit 1511
Plot 5
Block - B N
Sector - V
Salt Lake Electronics Complex
Bidhan Nagar Ck Market North 24
Saltlake
Parganas,
West Bengal,
700091
Phone : 033-40140100
Email : corporate@jgchem.com
Website : www.jgchem.com
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Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
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Listed at |
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BSE, NSE
|
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Lead Manager |
Centrum Capital Ltd
Emkay Global Financial Services Ltd
Keynote Financial Services Ltd.
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Promoters |
Anirudh Jhunjhunwala
Anuj Jhunjhunwala
Suresh Jhunjhunwala
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