JG Chemicals IPO oversubscribed. Should you apply? Check price, GMP, review
Hindustan TimesJG Chemicals IPO: The initial public offering for JG Chemicals opens for subscription today. JG Chemicals IPO: Lot size and other details The IPO lot size is 67 equity shares and in multiples of 67 equity shares thereafter. JG Chemicals IPO: Company's objectives The net proceeds from the issue will be used for investing in material subsidiary BDJ Oxides, repaying related borrowings, financing capital capital expenditures needed to establish a research and development centre in Naidupeta and working capital needs of the company. JG Chemicals IPO: Book running lead managers The book running lead managers of the JG Chemicals IPO are Centrum Capital Limited, Emkay Global Financial Services Ltd, and Keynote Financial Services Ltd while the registrar is Kfin Technologies Limited. JG Chemicals IPO GMP JG Chemicals IPO grey market premium is +50 indicating that share price were trading at a premium of ₹50 in the grey market, as per investorgain.com.