JG Chemicals lists with 4.52% discount on the BSE
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JG Chemicals has debuted at Rs 211.00 on the BSE, down by 10 points or 4.52% from its issue price of Rs 221.00.
The scrip is currently trading at Rs 198.80, down by 22.2 points or 10.05% from its issue price.
It has touched a high and low of Rs 213.75 and Rs 196.10 respectively. So far 2.17 lakh shares were traded on the counter.
The offering, which was open for subscription between March 05, 2024 and March 07, 2024 was subscribed 27.78 times. The issue price was fixed at Rs 221.00 per share i.e. at upper end of price band of Rs 210-221 apiece.
JG Chemicals is engaged in the business of manufacturing of Zinc Oxide & allied product.
