J.G.Chemicals IPO Subscription Details

Bookbuilding IPO | ₹251 Cr | Listed at BSE, NSE | Tue, Mar 5, 2024 - Thu, Mar 7, 2024

Basis of Allotment - J.G.Chemicals IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)22,73,21234,09,81856,83,0305,68,30311,36,60717,04,91039,78,1231,13,66,063
Allotment price (Rs.)221221221221221221221221
No.of applications2643024,72912,06136,7908,53,6598,90,479
No.of shares applied7,27,63,67534,32,2767,61,95,9512,43,96,8445,69,59,4478,13,56,2916,99,58,51922,75,10,761
Amount collected (Rs.cr.)1,608.08 75.85 1,683.93 539.17 1,258.80 1,797.97 1,546.08 5,027.99
No.of times subscribed32.011.0113.4142.9350.1147.7217.5920.02
No.of shares allotted22,73,21234,09,81856,83,0305,68,30311,36,60717,04,91039,78,1231,13,66,063
Amount (Rs.cr.)50.24 75.36 125.59 12.56 25.12 37.68 87.92 251.19
No.of allottees264306051,2111,81659,37461,220

IPO Shares Offered

J.G.Chemicals IPO is a public issue of 1.14 Cr equity shares. The issue offers 0.40 Cr shares to retail investors, 0.57 Cr shares to qualified institutional buyers, and 0.17 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 56,83,030125.59 50.00%
    Anchor 34,09,818 75.36 30.00%
    QIB (Ex Anchor) 22,73,212 50.24 20.00%
NII 17,04,91037.68 15.00%
    bNII (> ₹10L)11,36,60725.12 10.00%
    sNII (< ₹10L)5,68,30312.56 5.00%
Retail39,78,12387.92 35.00%
Total1,13,66,063251.19 100%

J.G.Chemicals IPO Anchor Investor Allocation

A total of 34,09,818 shares at a price of Rs 221 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMar 04, 2024
Anchor investor price₹221.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days17,04,909
No. of shares locked-in for 90 days17,04,909
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 MASSACHUSETTS INSTITUTE OF TECHNOLOGY MASSACHUSETTS INSTITUTE OF TECHNOLOGY 18,10,005 40.00 53.08 15.92
2 CARNELIAN STRUCTURAL SHIFT FUND CARNELIAN 6,94,643 15.35 20.37 6.11
3 PINEBRIDGE GLOBAL FUNDS-PINEBRIDGE INDIA EQUITY FUND PINEBRIDGE 4,52,585 10.00 13.27 3.98
4 SBI GENERAL INSURANCE CO.LTD. SBI GENERAL INSURANCE 4,52,585 10.00 13.27 3.98
34,09,81875.3610030.00

IPO Subscription FAQs

The J.G.Chemicals IPO is subscribed 28.52 times by Mar 07, 2024 18:21.

J.G.Chemicals IPO Subscription

Investor Category Subscription (times)
Qualified Institutional32.33
Non Institutional47.92
Retail Individual18.03
Total Subscription28.52

Retail category of J.G.Chemicals IPO subscribed 18.03 times as of date Mar 07, 2024 18:21. The public issue closes on Thu, Mar 7, 2024 for bidding.

An investor can apply in J.G.Chemicals IPO online via bank (using ASBA) or the broker (using UPI). The J.G.Chemicals IPO shares are offered online only.

The J.G.Chemicals IPO is subscribed 28.52 times by Mar 07, 2024 18:21.

The J.G.Chemicals IPO allotment status is expected on or around Monday, March 11, 2024. Visit J.G.Chemicals IPO allotment status to check.

The J.G.Chemicals IPO listing date is March 13, 2024. The equity share of J.G.Chemicals IPO will list on BSE, NSE.

Visit J.G.Chemicals IPO subscription status page for real-time bidding information about J.G.Chemicals IPO.

J.G.Chemicals IPO Timetable

IPO opens OnTuesday, March 5, 2024
IPO Closes OnThursday, March 7, 2024
Finalisation of Basis of AllotmentMonday, March 11, 2024
Initiation of RefundsTuesday, March 12, 2024
Credit of Shares to Demat AccountTuesday, March 12, 2024
IPO Listing DateWednesday, March 13, 2024
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