JG Chemicals Limited IPO Message Board (Page 10)

,@newgen consultancy Respected sir, should I apply jg chem for listing gains?

JG ka refund Gopal me kam aayega?

​@Lician No

Off topic @newgen consultancy @Tejas Pandya @GrayIsTheNewBlack @Chalak Lomdi @whiteFox Please share your views on Campus Activewear

Trent’s growth has good contribution from Zara business.

not following campus . . . .

I bought 1 share each of Bajaj Auto in two demat a/c about 1 month back. My sole purpose was buyback. However, I have not received any offer letter for buyback. My friend has got having 1 share.
How can i tender my holding for buyback. Seniors please suggest.

Even if you have not received offer mail, tender your share from both the accounts. It may or may not be accepted. That will be your luck. However, your friend's one share will be accepted as he has got the mail.

​@Roysk First check all your mail folders including junk, bulk etc, it might be there.

Even if you have not got email and you bought a share before record date you can tender it.
You will get that option in your brokers website or app.

All the best..

Rajratan Global Wire & JG are like Roti and chawal for tyre industries. Both are essential, but non-comparable.

Technically, rajratan is not a peer of JG.

​@Seth. Yes Sir you are right. Considering
1. JG has long term bonds with so many leading Tyre manufacturers
2. Almost Monopoly in the sector
3. Good fundamentals
4. Brighter future prospects

One major negative point that prices of raw material is based on market risk 😕

I am considering it for long term with one retail (my full force 😄).

Opinion is personal. Guidances are always welcome.

Regards to everyone.

​@untamed inferno Ok Thanks for information I agree with you.🙏

Massachusetts Institute of Technology (MIT University) and Vikas Khemani Fund names appear in Anchor Book. Excited for this ipo 🔥🔥

​@News Wala Banda ji - Vikas Khemani's fund also came as Anchor is Pyramid Technoplast - just saying.

Company and issue looks good though.

Keep minting!

last GMP is ₹50, last updated Mar 4th 2024 04:35 PM. With the price band of 221.00, JG Chemicals IPO's estimated listing price is ₹271 (cap price + today's GMP).The expected percentage gain/loss per share is 22.62%.

If you look at chances of allotment considering closing and allotment date, this IPO has the best chance of allotment and it's a good company too : )

2000-3000 Cr. IPO has some chance of allotment, else block unblock game. Yearly 4-5 IPO came within this range. Rest IPO waste of time and effort with no gain.
Now a days many IPO coming with 100-600-900 Cr range, no hope for allotment

Ipo is for a total of only 251 crores

Just one basic question . JG chemical is a zinc chemical company....Then how Rajratan global wire is a peer comparisons....any expert comments on this

​@whiteFox That comparison with Raj Ratan Wire is surely not like to like, the only cue JG Chemicals has used is dependence on tyre (especially rubber) industry, as@Rajiv RR tried to highlight which binds both JG Chemicals and Raj Ratan Wire. Products are dissimilar but clients can be similar, but still, it is weird as it is without any correlation.

​@MuStrFc Yes agree. Promotor has added in rhp so its right....

It appears 2b a debt-free company! Can anyone check and advise?

JG chemical refund won't be available for Gopal Namkeen but RK Swamy refund will be available for Gopal Namkeen.

thanks

If the refund release after 5:PM, then no use

GMP 60-62

JGC sells over 80 grades of zinc oxide and is among the top ten manufacturers of zinc oxides globally and the largest in the country. The tyre industry in India is the largest consumer of its product and also supplies to leading paints manufacturers, footwear players, and cosmetics players in the country. The floor price is 21 times the face value of the equity shares . The PE ratio for fiscal 2023 at the lower end of the price band is 12.12 times as compared to the average industry peer group price/earnings ratio of 31.48 times. So reasonably priced and may be applied for short and medium term.

What is the GMP?

Price Band : ₹210-₹221
Lot : 67 shares

BREAKING IPO KING News

J.G. Chemicals Limited filed RHP with SEBI on 27-Feb-2024 for IPO

Issue Date : 5-Mar to 7-Mar, 2024

Opens : 5th March
Closes : 7th March

Krystal integrated services Ipo
Open 14 March
Close 18 March