J.G. Chemicals IPO Subscription Status
J.G. Chemicals IPO was subscribed 28.52 times when bidding closed on 7 Mar 2024: QIB 32.33x, NII 47.92x, Retail 18.03x.
The J.G. Chemicals IPO has been subscribed 28.52x times overall. Retail investors have shown interest with bids for 18.03x the shares available. The Non-Institutional Investor (NII) category has been subscribed 47.92x. Within NII, Big HNI (B-HNI) subscribed 50.26x and Small HNI (S-HNI) subscribed 43.24x. Qualified Institutional Buyers (QIBs) have subscribed 32.33x. Data last updated on 10 Nov, 06:34 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 05 Mar, 2024 and closes on 07 Mar, 2024. The shares are expected to list on stock exchanges on 13 Mar, 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 32.33x |
| NII | - of - - | 47.92x |
bHNI — bid amount above ₹10 Lakh |
- - | 50.26 |
sHNI — bid amount ₹2–10 Lakh |
- - | 43.24 |
| Retail | - of - - | 18.03x |
| TOTAL | - - | 28.52x |
J.G. Chemicals IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 5.5% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 32.33x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
07 Mar 2024
Day 3 |
28.52x | ▼ | |
|
QIB32.33x
BHNI50.26x
SHNI43.24x
Retail18.03x
|
|||
|
06 Mar 2024
Day 2 |
6.4x | ▼ | |
|
QIB0.45x
BHNI7.69x
SHNI13.53x
Retail8.32x
|
|||
|
05 Mar 2024
Day 1 |
2.44x | ▼ | |
|
QIB0.02x
BHNI2.16x
SHNI4.3x
Retail3.6x
|
|||
J.G. Chemicals IPO dates
From the bidding window to listing. Today is 11 November.
- Open 05 Mar 2024
- Close 07 Mar 2024
- Allotment 11 Mar 2024
- Refund/credit 12 Mar 2024
- Listing 13 Mar 2024
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of J.G. Chemicals IPO?
As of IPO close date (07 Mar, 2024), the J.G. Chemicals IPO is subscribed 28.52x times. Retail category is 18.03x, and NII is 47.92x subscribed.
When is the allotment date for J.G. Chemicals IPO?
The allotment for J.G. Chemicals IPO is expected to be finalized on 11 March, 2024.
What is the GMP of J.G. Chemicals?
The Grey Market Premium (GMP) for J.G. Chemicals is currently ₹7, indicating a potential listing gain of 3%.
When will J.G. Chemicals IPO list on the stock market?
J.G. Chemicals is scheduled to list on BSE and NSE on 13 March, 2024.
What are the chances of getting allotment in J.G. Chemicals IPO?
The retail category is oversubscribed at 18.03x, meaning allotment is by lottery. Statistically, approximately 1 in 19 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 32.33x mean for J.G. Chemicals IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 32.33x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check J.G. Chemicals IPO allotment status?
After the allotment date (11 Mar, 2024), you can check your J.G. Chemicals IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore J.G. Chemicals IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
