India, Feb. 29 -- J G Chemicals Ltd. has announced public offering of 11366064 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 211.00 per share. The gross proceeds of the issue are expected to be Rs 25,119.00 lakhs.
The company's initial public offer (IPO) will open on 05 March 2024 and is expected to close on 07 March 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 210.00-221.00 per share.
The IPO includes a fresh Issue of 11366064 Equity Shares of the Company at an price of Rs 221.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 67 shares with bids in multiples of 67.
J G Chemicals Ltd. anticipates using the proceeds of the issue for *Repaymen...