J.G.Chemicals Ltd (JGCHEM)

J G Chemicals Ltd. was initially formed as a Partnership Firm on March 15 1975 under the name J.G.Chemicals at West Bengal registered under the Indian Partnership Act 1932. Subsequently the partnership firm converted into a joint stock company and was registered as a Private Limited Company in the name and style J.G.Chemicals Private Limited pursuant to a certificate of incorporation dated June 28 2001 issued by RoC. Thereafter pursuant to special resolution of the Shareholders at the EGM held on April 30 2022 name of the Company was changed to J.G.Chemicals Limited on conversion into a Public Limited dated May 24 2022 and a fresh Certificate of Incorporation dated May 24 2022 consequent upon conversion was issued by the RoC.The Company is Indias largest zinc oxide manufacturer in terms of production and revenue for zinc oxide manufacturing through French process which is the dominant production technology for producing zinc oxide and has been adopted by all the major producers in Americas Europe and Asia. It sell over 80 grades of zinc oxide and are among the top ten manufacturers of zinc oxides globally. Since the incorporation in 2001 the Company has expanded their business and scale of operations and have grown into a large diversified zinc oxide player with a global footprint. The products cater to industrial applications including rubber tyre other products ceramics paints coatings pharmaceuticals cosmetics electronics batteries agrochemicals fertilizers speciality chemicals lubricants oil and gas and animal feed.As on October 2022 the aggregate installed capacity of 77040 MT per annum is spread across its three manufacturing facilities located at Jangalpur West Bengal Belur West Bengal and Naidupeta Nellore District Andhra Pradesh which is the largest manufacturing facility and is owned and operated by Material Subsidiary. The installed capacity of Naidupeta Facility has been augmented by an additional 13440 MTPA for zinc oxide and 10080 MTPA for zinc sulphate and other allied chemicals. All processes at their manufacturing facilities are undertaken with modern engineering systems to minimize emissions.Apart from these the Company has installed recuperators in most of the furnaces to reduce carbon footprint. It has been granted the consent and hazardous waste authorisation order under the Orange Category for generation collection storge transport reuse recycling utilisation processing and treatment or any other use of hazardous or wastes and permissible quantity of emissions per hour at all manufacturing facilities by the respective state pollution control boards. In addition to the aforesaid accreditations the Company is a member of the AllIndia Rubber Industries Association India Lead Zinc Development Association Bureau of International Recycling IndoGerman Chambers of Commerce Material Recycling Association of India Chemicals and Allied Products Export Promotion Council and the International Zinc Association.The Company is planning to raise from the Public Rs. 203 crore through Fresh Issue and Rs. 570 crore through Offer For Sale..

Share Price: ₹240.70 per share as on 18 May, 2024 04:01 PM
Market Capitalisation: ₹940.86Cr as of today
Revenue: ₹181.36Cr as on March 2024 (Q1 24)
Net Profit: ₹13.60Cr as on March 2024 (Q1 24)
Listing date: 13 Mar, 2024