| J.G.Chemicals Ltd |
|---|
| Registered Office: Adventz Infinity @ 5 15 flr, Unit 1511 plot 5 Block BN Sec5, Salt Lake - 700091, West Bengal |
| Phone: 91-33-4014 0100 |
| 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 |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 05-Mar-2024 | 07-Mar-2024 | ₹ 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 | 149.32 | Centrum Capital Ltd |
| Project Financed through Current Offer | 251.19 | |
| Post Issue Equity Share Capital | 39.19 | |
| Issue Price | ₹221.00 | |
| Projects |
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| 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 |
| Promoted By |
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| Suresh Jhunjhunwala |
| Anirudh Jhunjhunwala |
| Anju Jhunjhunwala |
| Listing At |
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| BSE |
| NSE |
| Registrar to the Issue |
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