Today, Monday, March 11, marks the finalization of JG Chemicals IPO share allotment. Investors who applied for JG Chemicals IPO can check their allotment status on the registrar’s portal, Kfin Technologies Ltd. The IPO subscription, which opened on Tuesday, March 5, and closed on Thursday, March 7, witnessed a strong response with a subscription status of 27.78 times on the final bidding day, according to BSE data.
Investors can determine the number of shares allotted to them through the basis of allotment and IPO allotment status. Refunds will be initiated for applicants who were not allotted shares, while those allotted will receive their shares in their demat accounts.
Refund processes for individuals not allotted shares will commence on Tuesday, March 12. The shares will be credited to the demat accounts of those allotted on the same day.
JG Chemicals IPO listing is scheduled for Wednesday, March 13. Investors can check their IPO allotment status online through Kfin Technologies Ltd’s website.
Instructions for Checking Allotment Status:
- Visit the JG Chemicals IPO allotment link – https://ris.kfintech.com/ipostatus/
- Choose JG Chemicals IPO from the dropdown menu.
- Select one of the options to check status: Application No, Demat Account, or PAN.
- Enter the required details and captcha code, then click “Submit.”
JG Chemicals IPO Grey Market Premium (GMP) Today:
JG Chemicals IPO grey market premium stands at +32, indicating shares are trading at a premium of ₹32 in the grey market, as per investorgain.com. Considering the upper end of the IPO price band and current premium, the estimated listing price of JG Chemicals shares is indicated at ₹253 apiece, reflecting a 14.48% increase over the IPO price of ₹221.
Based on recent grey market activities, today’s IPO GMP shows an upward trend, suggesting a strong listing. Grey market premium indicates investors’ willingness to pay more than the issue price.
