JG Chemicals IPO allotment status can be checked on the NSE website or Kfin Technologies page. The IPO was subscribed 28 times and is valued at an EV/EBITDA of 12.3x. Refunds and transfers are expected on March 12, with listing on March 13. The company is India s largest zinc oxide manufacturer with a market share of 30%.
Zinc oxide manufacturer JG Chemicals on Thursday fixed a price band of Rs 210-221 apiece for its Rs 251-crore Initial Public Offering (IPO). The initial share sale will open for public subscription during March 5-7 and the bidding for anchor investors will open for a day on March 4, the company said.
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Kolkata-based Zinc Oxide manufacturer J G Chemicals has fixed a price band of Rs 210-221 for its maiden public offer, which opens for subscription on March 5.