Registered Office:
Adventz Infinity @ 5 15 flr,Unit 1511 plot 5 Block BN Sec5,
Salt Lake
-
700091,
West Bengal, India.
Phone :
91-33-4014 0100 Fax:
Email : corporate@jgchem.com
Website : www.jgchem.com
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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
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Issue
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Money Payable On
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Opens On
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Closes On
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Application
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Allotment
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05-Mar-24
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07-Mar-24
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(Rs) 221.00
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(Rs) 0.00
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Minimum Application for shares in Nos :
67
Further Multiples of :
67
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Lead Managers to the Issue
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Project Cost (Rs.Cr)
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149.32
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Centrum Capital Ltd
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Project Financed through Current Offer (Rs.Cr)
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251.19
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Post Issue Equity Share Capital (Rs.Cr)
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39.19
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Issue Price (Rs)
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221.00
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