JG Chemicals Limited IPO Allotment Status
JG Chemicals Limited IPO Allotment is currently unavailable, but there is an expectation of the IPO allotment to be finalised on March 11, 2024. We have also provided on how to check the allotment status for JG Chemicals Limited.
by Rajesh
Updated Mar 07, 2024
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JG Chemicals Limited IPO Allotment Status
The allotment status of the JG Chemicals Limited IPO is currently unavailable, but it can be expected to be finalized on March 11, 2024. The allotment status of the JG Chemicals Limited IPO refers to whether an investor has been allocated shares in the IPO. Investors are eager to know their allotment status can check it once the basis of allotment is confirmed. This status becomes available once the basis of allotment is finalized by the company.
JG Chemicals Limited IPO Subscription Status
JG Chemicals one of the largest Zinc Oxide Manafacturer in India have released their IPO for subscription From March 5 to March 7. Initially the company has offered the pricing of IPO at a price band of ₹210 to ₹221 per share.
JG Chemicals plans to make this IPO a well utilized one by investing in subsidiary BDJ Oxides, opening a research and development center and also they could repay their borrowings or also could pre pay them. The Last Day for the subscription of IPO is limited as March 07, 2024. This IPO by JG Chemicals consists of fresh issue size of upto ₹165 crore and also an offer for sale equity shares upto 39,00,000. The Subscription was now currently being oversubscribed at 6.78 times at the end of second day.
How to Check JG Chemicals Limited IPO Allotment Status?
Want to know if you got shares in the JG Chemicals Limited IPO? We have provided you with the details of checking the IPO Allotment status in a simple way.
- Visit the official website of the registrar KFin Technologies Limited.
- Look for the IPO allotment section on the website.
- Select the JG Chemicals Limited IPO from the list of recent IPOs.
- Enter your application number or PAN (Permanent Account Number) to check the allotment status.
- Click on the submit button.
- The status of your IPO allotment will be displayed on the screen, indicating whether you have been allotted shares or not.
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JG Chemicals Limited IPO Allotment Status - FAQs
1. When will the allotment status of JG Chemicals Limited IPO be available?
The allotment status of the JG Chemicals Limited IPO is expected to be finalized on March 11, 2024.
2. How can I check the allotment status of JG Chemicals Limited IPO?
You can check the allotment status by visiting the official website of the registrar, KFin Technologies Limited, and selecting the IPO allotment section.
3. What does the allotment status of JG Chemicals Limited IPO indicate?
The allotment status indicates whether an investor has been allocated shares in the JG Chemicals Limited IPO.
4. What factors can affect the allotment status of JG Chemicals Limited IPO?
Factors such as oversubscription, demand for shares, and the company's allotment policies can affect the allotment status of the JG Chemicals Limited IPO.
5. What should I do if I have been allotted shares in JG Chemicals Limited IPO?
If you have been allotted shares, you will need to wait for further instructions from the registrar regarding the payment process and share allocation.
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