J G Chemicals Limited IPO
J G Chemicals Limited was a mainboard IPO in the Commodity Chemicals sector, offered at ₹210–₹221 per share to raise ₹251 crore. The issue was subscribed 27.78× overall (QIBs 32.09×, NIIs 46.33×, retail 17.44×). It listed on 13 Mar 2024 at ₹209 and closed its first day at ₹185, a listing loss of -16.4% versus the ₹221 issue price. It now trades around ₹562 (+154.5% versus the issue price).
Frequently asked questions
- How many times was the J G Chemicals Limited IPO subscribed?
- The J G Chemicals Limited IPO was subscribed 27.78× overall — 32.09× in the QIB category, 46.33× among non-institutional investors, 17.44× in retail.
- What were the J G Chemicals Limited IPO listing gains?
- J G Chemicals Limited listed on 13 Mar 2024 at ₹209, closing its first day at ₹185 — a listing loss of -16.4% versus the ₹221 issue price.
- What were the retail allotment odds for the J G Chemicals Limited IPO?
- Retail was subscribed 17.44×, so a single-lot application had roughly a 5.7% chance of allotment (about 1 in 17), and allotment was finalised on 11 Mar 2024.
- What was the price band and lot size of the J G Chemicals Limited IPO?
- The price band was ₹210–₹221 per share, with a minimum lot of 67 shares (₹14,807 at the upper band).
- Who were the registrar and lead manager for the J G Chemicals Limited IPO?
- KFin Technologies Limited (formerly known as KFin Technologies Private Limited) was the registrar, and Centrum was the book-running lead manager.