Stay updated with breaking news from Vision Projects. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 India's largest zinc oxide manufacturer with a market share of 30%.
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.
Kolkata-based Zinc Oxide manufacturer J G Chemicals has fixed a price band of Rs 210-221 for its maiden public offer, which opens for subscription on March 5.
JG Chemicals IPO: Net proceeds from the fresh issue will be used for investment in its material arm BDJ Oxides
Kolkata-based Zinc Oxide manufacturer, J.G. Chemicals Ltd has received final observation from the capital markets regulator, Securities and Exchange Board of India, to raise funds through an initial public offering.