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jg chemicals ipo allotment status: JG Chemicals IPO allotment: Check status, GMP, other details

JG Chemicals IPO allotment status can be checked on the NSE website or Kfin Technologies page. The IPO was subscribed 28 times and is valued at an EV/EBITDA of 12.3x. Refunds and transfers are expected on March 12, with listing on March 13. The company is Indias largest zinc oxide manufacturer with a market share of 30%.
West Bengal Anirudh Jhunjhunwala Suresh Kumar Keynote Financial Services Emkay Global Financial Services Kfin Technologies

JG Chemicals' Rs 251-crore IPO to open on March 5

Zinc oxide manufacturer JG Chemicals on Thursday fixed a price band of Rs 210-221 apiece for its Rs 251-crore Initial Public Offering (IPO). The initial share sale will open for public subscription during March 5-7 and the bidding for anchor investors will open for a day on March 4, the company said.
West Bengal Suresh Kumar Jhunjhunwala Anirudh Jhunjhunwala Keynote Financial Services Ltd Jayanti Commercial Ltd Vision Projects Finvest Pvt Ltd

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Gauteng PPE scandal: Special Tribunal orders companies to pay back money

Getty Images A number of companies which received money from Ledla Structural Development have been ordered to pay the money back to the state. This, after the PPE tender awarded to Ledla by the Gauteng Health Department, was reviewed and set aside. The SIU found that Ledla was a proxy for Royal Bhaca Projects, a company owned by the politically connected Madzikane ll Thandisizwe Diko. The Special Tribunal has ordered that almost two dozen companies which received money from the Gauteng Departm...
South Africa Ronan Barashi Patrick John Kalil Lindile Mbontsi Thandisizwe Diko Yuchang Xiao
Source: news24.com

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