News for Keynote Financial Services Limited (KEYFINSERV.NS)

Ahead of its listing, shares of JG Chemicals were commanding a grey market premium of only Rs 15, suggesting a listing pop of about 7 per cent to the investors.

JG Chemicals shares debut at a 5.4% discount, listing at Rs 209 (NSE) and Rs 211 (BSE). It received an overall subscription of nearly 28 times. The net proceeds will be used towards investment in its material subsidiary, debt repayment, capex, working capital, and general corporate purposes.

JG Chemicals' IPO allotment status can be checked on the NSE website or Kfin Technologies' page. The IPO was subscribed 28 times and is valued at an EV/EBITDA of 12.3x. Refunds and transfers are expected on March 12, with listing on March 13. The company is India's largest zinc oxide manufacturer with a market share of 30%.

JG Chemicals, which was incorporated in 1975, produces more than 80 grades of zinc oxide. Its products have various industrial applications.

The Kolkata-based JG Chemicals is selling its shares in the price band of Rs 210-221 apiece. Investors can apply for a minimum of 67 shares and its multiples thereafter.

The Kolkata-based JG Chemicals is selling its shares in the price band of Rs 210-221 apiece. Investors can apply for a minimum of 67 shares and its multiples thereafter.

The Kolkata-based JG Chemicals is selling its shares in the price band of Rs 210-221 apiece. Investors can apply for a minimum of 67 shares and its multiples thereafter.

Ahead of its IPO, JG Chemicals raised Rs 75.36 crore from anchor investors as it allocated 34,09,818 shares at a price of Rs 221 apiece.

The IPO is a mix of fresh issuance of shares worth Rs 165 crore by the company and an offer-for-sale (OFS) of 39 lakh equity shares by promoters

Zinc oxide manufacturer JG Chemicals on Thursday fixed a price band of Rs 210-221 apiece for its Rs 251-crore Initial Public Offering (IPO). The initial share sale will open for public subscription during March 5-7 and the bidding for anchor investors will open for a day on March 4, the company said.

Ahead of its IPO, Nova Agritech mopped up Rs 43.14 crore from four anchor investors as it finalized allocation of 1,05,22,220 shares at a Rs 41 apiece.