JG Chemicals IPO allotment: Check status, GMP, other details

economictimes.indiatimes.com:

Here's how you can check the status on NSE:

Step 1: Visit the NSE Website

Step 2: Please select the issue name, that is the company's name in the drop down.

Step 3: Enter the application number or PAN number to check the allotment status.


The allotment status can also be checked by visiting the official website of the registrar to the issue which is Kfin Technologies in this case.

Step 1: Visit the IPO Allotment Status page on Kfin Technologies website (https://rti.kfintech.com/ipostatus/)

Step 2: Select IPO from the dropdown

Step 3: Put Application number and enter captcha and 'Submit'.

JG Chemicals IPO subscription status

The IPO of the zinc oxide maker, which opened for subscription on Tuesday, was subscribed nearly 28 times on the final day.
The issue received cumulative bids for over 22.7 crore shares, against 8,168,714 shares on offer.
The retail portion of the issue was subscribed 17.4 times, while the non-institutional category (NII) category was subscribed a whopping 46.3 times. The quota for qualified institutional buyers (QIBs) was booked 32 times.

The IPO is a combination of fresh equity issue of 74 lakh shares and an offer for sale of 39 lakh shares. Under the OFS, promoter group shareholders Vision Projects, Jayanti Commercial, Suresh Kumar and Anirudh Jhunjhunwala will offload part of their stakes in the company.

The company fixed the price band at Rs 210-221 per share for its maiden public offer.

JG Chemicals IPO GMP

In the unlisted market, the company's shares were trading at a