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15 Days Price Change

JG Chemicals IPO

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Issue Size --
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Price Range 210  to  221 per share
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Min Investment ₹221
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Lot Size 1
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Face Value ₹10
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Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

JG Chemicals Limited is a dynamic multinational corporation specializing in the production and distribution of specialty chemicals for various industries worldwide. Founded in 1985, the company has established itself as a leading player in the chemical sector, renowned for its commitment to innovation, quality, and sustainability. Headquartered in London, JG Chemicals operates multiple manufacturing facilities strategically located across key global regions, enabling efficient supply chain management and timely delivery to clients. The company's diverse product portfolio encompasses a wide range of chemicals used in pharmaceuticals, agriculture, automotive, electronics, and consumer goods. Driven by a relentless pursuit of excellence, JG Chemicals prioritizes research and development to introduce cutting-edge solutions that meet evolving market demands while adhering to stringent safety and environmental standards. With a customer-centric approach and a focus on fostering long-term partnerships, JG Chemicals continues to expand its global footprint and uphold its reputation as a trusted industry leader. Read More

Basic Info

Face Value 10 per share

Price 210  to  221 per share

P/E (x) 13.6

Sales( Cr.) 848

PAT( Cr.) 67

EPS 16.3

Draft Prospectus --

Exchange BSE-NSE

Promoter

Company Promoters

Suresh Jhunjhunwala Anirudh Jhunjhunwala Anuj Jhunjhunwala.

Pre Issue Share Holding 100%

Post Issue Share Holding 46.44%

Listing Details:

Listing Price: 211

Listing Gain: -4.74%

Current Price: 436.2

Gain On Issue: 436.2 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Mar 05, 2024
Closing Date Mar 07, 2024
Allotment Mar 08, 2024
Refund Mar 11, 2024
Delivery of Shares Mar 11, 2024
Listing Date Mar 12, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 67 14,807
Retail (Max) 13 871 192,491
S-HNI (Min) 14 938 207,298
S-HNI (Max) 67 4489 992,069
B-HNI (Min) 68 4556 1,006,876

Objective of the Issue

1. Investment in Material Subsidiary, viz. BDJ Oxides (i) repayment or pre-payment, in full or in part, of all or certain borrowings availed by its Material Subsidiary (ii) funding capital expenditure requirements for setting up of a research and development center situated in Naidupeta, Andhra Pradesh (R& amp amp amp amp amp amp amp amp D Centre) (iii) funding its long-term working capital requirements. 2. Funding long-term working capital requirements of the Company. 3. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 5683032 183732425 32.3x
NII 1704909 81699239 47.9x
Retail 3978122 71725540 18x
EMP 0 0 0x
Total 11366063 324160117 28.5x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

JG Chemicals Profit & Loss

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 250 339 399 435 613 785 668 848
Other Income 1 3 8 7 10 11 8 13
Total Income 251 343 408 442 623 796 676 861
Total Expenditure 229 296 380 393 556 710 623 765
Operating Profit 22 47 27 49 67 85 53 97
Interest 6 6 6 5 7 5 4 1
Depreciation 2 2 2 2 3 3 5 5
Exceptional Income / Expenses 0 0 0 0 0 0 -2 0
Profit Before Tax 14 38 19 41 57 77 43 90
Provision for Tax 5 13 5 12 14 20 11 23
Profit After Tax 9 25 14 29 43 57 32 67
Adjustments 0 -2 -1 -5 -3 -2 -1 -3
Profit After Adjustments 9 23 13 23 40 55 31 64
Adjusted Earnings Per Share 2.9 7.3 4.1 7.4 12.6 17.3 7.9 16.3

JG Chemicals Balance Sheet

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 31 54 85 108 153 208 398 465
Minority's Interest 0 2 5 11 4 6 7 10
Borrowings 14 8 6 5 6 7 4 0
Other Non-Current Liabilities 1 6 0 0 0 1 -0 1
Total Current Liabilities 56 56 53 85 102 77 39 22
Total Liabilities 102 126 149 210 264 298 448 498
Fixed Assets 14 14 21 23 22 35 42 39
Other Non-Current Assets 1 2 10 11 18 6 13 15
Total Current Assets 87 110 119 176 224 256 394 444
Total Assets 102 126 149 210 264 298 448 498

JG Chemicals Cash Flow

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 0 1 1 5 6 4 47
Cash Flow from Operating Activities -14 19 41 -7 7 31 76 -11
Cash Flow from Investing Activities -6 -2 -11 -6 -5 -5 -140 25
Cash Flow from Financing Activities 18 -16 -30 17 -0 -29 107 -29
Net Cash Inflow / Outflow -1 1 -0 4 1 -2 43 -15
Closing Cash & Cash Equivalent 0 1 1 5 6 4 47 31

JG Chemicals Ratios

# Mar 2017 Mar 2018 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.91 7.27 4.08 7.39 12.61 17.32 7.87 16.34
CEPS(Rs) 3.43 8.58 4.99 9.82 14.44 18.99 9.35 18.41
DPS(Rs) 0 0 0 0 0 0 0 1
Book NAV/Share(Rs) 9.71 16.98 26.78 34.2 48.11 65.47 101.67 118.6
Core EBITDA Margin(%) 8.31 12.74 4.81 9.65 9.25 9.45 6.73 9.8
EBIT Margin(%) 8.04 13.13 6.4 10.69 10.49 10.46 7.06 10.75
Pre Tax Margin(%) 5.79 11.32 4.79 9.46 9.37 9.78 6.46 10.6
PAT Margin (%) 3.67 7.43 3.49 6.62 7.04 7.24 4.81 7.87
Cash Profit Margin (%) 4.35 8.02 3.96 7.15 7.47 7.68 5.49 8.51
ROA(%) 8.96 22.14 10.15 16.03 18.19 20.21 8.61 14.11
ROE(%) 29.77 59.59 20.1 29.78 33.03 31.53 10.6 15.47
ROCE(%) 21.63 44.86 21.03 29.05 29.93 31.28 13.65 20.78
Receivable days 53.02 48.06 47.07 58.59 54.96 48.94 63.49 55.64
Inventory Days 50.52 40.77 39.65 39.48 40.77 44.69 43.6 35.96
Payable days 5.26 5.56 4.36 5.38 4.6 3.94 5.5 6.72
PER(x) 0 0 0 0 0 0 21.86 18.41
Price/Book(x) 0 0 0 0 0 0 1.69 2.54
Dividend Yield(%) 0 0 0 0 0 0 0 0.33
EV/Net Sales(x) 0.25 0.15 0.13 0.16 0.14 0.12 0.81 1.27
EV/Core EBITDA(x) 2.9 1.12 1.93 1.44 1.3 1.14 10.14 11.12
Net Sales Growth(%) 0 35.75 17.67 8.99 40.78 28.03 -14.9 27
EBIT Growth(%) 0 121.69 -42.65 82.01 38.12 27.66 -42.58 93.47
PAT Growth(%) 0 175.12 -44.69 106.4 49.75 31.69 -43.46 107.92
EPS Growth(%) 0 149.94 -43.84 80.9 70.68 37.34 -54.54 107.46
Debt/Equity(x) 2.02 0.96 0.62 0.69 0.62 0.34 0.03 0
Current Ratio(x) 1.57 1.98 2.23 2.07 2.2 3.34 9.98 19.91
Quick Ratio(x) 0.95 1.24 1.38 1.49 1.33 1.99 8.57 14.91
Interest Cover(x) 3.57 7.25 3.96 8.73 9.42 15.33 11.76 73.33
Total Debt/Mcap(x) 0 0 0 0 0 0 0.02 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 27% 11% 16% 0%
Operating Profit CAGR 83% 13% 29% 0%
PAT CAGR 109% 16% 37% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 14% NA% NA% NA%
ROE Average 15% 19% 24% 29%
ROCE Average 21% 22% 25% 27%

Company Contact Information

JG Chemicals Ltd.

Adventz Infinity@5, Unit No. 1511 Street No. 18, B N Block, Sector – V Salt Lake City

IPO Lead Manager(s)

JG Chemicals Ltd.

Keynote Financial Services Ltd

Centrum Capital Limited

Emkay Global Financial Services Ltd

Registrar Info

JG Chemicals Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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