anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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MARKET

IPO Synopsis
J.G.Chemicals Ltd
Registered Office: Adventz Infinity @ 5 15 flr, Unit 1511 plot 5 Block BN Sec5, Salt Lake - 700091, West Bengal
Phone: 1
Email: 1
Website: 1
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 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 149.32
Project Financed through Current Offer 251.19
Post Issue Equity Share Capital 39.19
Issue Price 221.00
Projects
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
Suresh Jhunjhunwala
Anirudh Jhunjhunwala
Anju Jhunjhunwala
BSE
NSE
Registrar to the Issue
Attention Investor
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