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Prospectus synopsis |
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Phone:91-33-4014 0100 Fax:
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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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05-Mar-24 |
07-Mar-24 |
Rs
221.00-0.00
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Rs
0.00-0.00
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Minimum Application for shares in Nos :
67
Further Multiples of :
67
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Project Cost |
149.32 |
Emkay Global Financial Services Ltd |
Keynote Financial Services Ltd |
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Project Financed through Current Offer |
251.19 |
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Post Issue Equity Share Capital |
39.19 |
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Issue Price |
Rs.221.00
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Repayment or pre-payment in full or part of all or certain borrowings availed by the material subsidiary
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Funding capital expenditure requirements for setting up of R&D Centre
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Funding its long term working capital requirements
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Funding long term working capital requirements of the company
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General Corporate Purposes
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