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JG Chemicals

Since its founding in 2001, JG Chemicals has grown dramatically in both business and operational scope, becoming a prominent participant in the global zinc oxide market with a diverse range of products. Rubber (including tires and other rubber products), ceramics, paints and coatings, pharmaceuticals and cosmetics, electronics, batteries, agrochemicals and fertilizers, specialty chemicals, lubricants, oil and gas, and animal feed are just a few of the industrial applications for which the company’s products are used.

Rubber, paints, batteries, tires, ceramics, cosmetics, and ceramics are just a few of the end-user industries in which JG Chemicals has built strong connections with its clients. The company has promoted and sold its products to more than 200 domestic clients and more than 50 worldwide customers in more than 10 countries over the last three years. As of October 31, 2022, JG Chemicals had three production sites spread across Jangalpur, Kolkata; Belur, Kolkata; and Naidupeta, Andhra Pradesh, accounting for 77,040 MTPA of installed capacity and a total of 49 contract workers were employed by JG Chemicals as of October 31, 2022.

JG Chemicals IPO Details

Signature Global IPO Details
JG Chemicals IPO Dates
5 – 7 March 2024
JG Chemicals Issue Price
INR 210 – 221 per share
Fresh issue
INR 165 crore
Offer For Sale
3,900,000 shares (INR 81.9 – 86.19 crore)
Total IPO Size
INR 246.9 – 251.19 crore
Minimum bid (size)
67 shares (INR 14,807)
Face Value
INR 10 per share
Retail Allocation
35%
Listing On
BSE, NSE

JG Chemicals Financial Performance

Signature Global Financial Performance

FY20

FY21

FY22

FY 23

9M FY 24

Revenue

399.39

435.30

612.83

784.58

486.32

Expenses

388.16

399.21

565.60

717.50

464.34

Net income

13.95

28.80

43.13

56.79

18.51

Margin (%)

3.49

6.62

7.04

7.24

3.81

Figures in INR Crore unless specified otherwise

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