{"id":126129,"date":"2021-12-13T12:36:55","date_gmt":"2021-12-13T17:36:55","guid":{"rendered":"https:\/\/44.250.171.167\/?p=126129"},"modified":"2022-10-05T04:01:25","modified_gmt":"2022-10-05T08:01:25","slug":"ipo-alert-jesons-industries-files-papers-for-an-initial-public-offering","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ipo-alert-jesons-industries-files-papers-for-an-initial-public-offering\/","title":{"rendered":"IPO Alert: Jesons Industries files papers for an initial public offering"},"content":{"rendered":"\n<p>The global chemicals market is valued at around $5.02 trillion, with India accounting for around 4% of the market share. The sector is expected to grow at a compound annual rate of 6.2% and reach about $6.7 trillion by 2025. Meanwhile, the global adhesives market is valued at around $47 billion and is expected to hit $63 billion by 2025.<\/p>\n\n\n\n<p>Jesons Industries recently filed preliminary papers with capital markets regulator SEBI to raise an estimated \u20b9800-900 crore through an initial share sale.<\/p>\n\n\n\n<p>The IPO comprises equity shares of the face value of \u20b95 each and a fresh issue of shares aggregating up to \u20b9120 crores, with a reservation of up to 77,000 shares for employees and an offer for sale of up to 12,157,000 shares by promoters.<\/p>\n\n\n\n<p>The company may consider a further issue of equity shares, including a private placement aggregating up to \u20b924 crores. If it is successful, the fresh issue size would be reduced.<\/p>\n\n\n\n<p>Jesons Industries and its subsidiary Jesons Techno Polymers LLP plan to use \u20b990 crores of the net proceeds towards repayment of certain borrowings. The remainder of the amount will be used for general corporate purposes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">SCE&nbsp;&amp; Adhesives<\/h2>\n\n\n\n<p>Jesons Industries is one of the top manufacturers of speciality coating emulsions (SCE)) and water-based pressure-sensitive adhesives (PSA) in the tape and label segments in India. Their products are used in various end-user industries, such as paints, packaging, and chemicals for construction, textiles, leather, carpet and paper.<\/p>\n\n\n\n<p>The Mumbai-based company is one of the leading SCE suppliers to the country\u2019s paint sector, with about 30% market share in 2021, in terms of sales value. The company has also been an exporter of SCEs and PSAs since 2008 and has a global footprint of exports to more than 50 countries.<\/p>\n\n\n\n<p>Jesons Industries&#8217; top competitors include Mavom Specialty Chemicals, Interplastic, Rosber and Ribelin Sales.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Key Numbers<\/h2>\n\n\n\n<p>Jesons\u2019 revenues from operations increased by 20.45% to \u20b91,086 crores in fiscal 2021 from \u20b9901 crores in 2020, while its net profit jumped 213% to \u20b992.88 crores from \u20b929.65 crores in the previous year.<\/p>\n\n\n\n<p>Meanwhile, seasonality may adversely affect the business and results of operations. The paint emulsion used in the decorative paints industry is sensitive to seasonality. The cold and rainy weather could have an adverse effect on the sales of emulsions used in exterior paint products.<\/p>\n\n\n\n<p>Also, the pricing of products related to the construction and housing industry is being influenced by various factors including national and regional economic conditions.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The global chemicals market is valued at around $5.02 trillion, with India accounting for around 4% of the market share. The sector is expected to grow at a compound annual rate of 6.2% and reach about $6.7 trillion by 2025. Meanwhile, the global adhesives market is valued at around $47 billion and is expected to [&hellip;]<\/p>\n","protected":false},"author":1738,"featured_media":124093,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5753,5748,12,10444],"tags":[9759,8519,9757],"class_list":["post-126129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrials","category-ipo","category-other-industries","category-others","tag-adhesives","tag-chemicals","tag-paint"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":124454,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-hp-adhesives-files-for-going-public\/","url_meta":{"origin":126129,"position":0},"title":"IPO Alert: HP Adhesives files for going public","author":"Nishadkishore","date":"July 30, 2021","format":false,"excerpt":"The adhesives and sealants markets in India were worth \u20b9101 billion in the year 2020. Besides, these markets are expected to grow at CAGRs of 8.5% and 7.0%, respectively, by 2025, resulting in a possible combined value of \u20b9150 billion. HP Adhesives recently filed preliminary papers with capital markets regulator\u2026","rel":"","context":"In &quot;IPO&quot;","block_context":{"text":"IPO","link":"https:\/\/alphastreet.com\/india\/category\/ipo\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":126192,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-syrma-sgs-technology-files-draft-papers-for-a-public-listing\/","url_meta":{"origin":126129,"position":1},"title":"IPO Alert: Syrma SGS Technology files draft papers for a public listing","author":"Nishad","date":"December 27, 2021","format":false,"excerpt":"India\u2019s total electronics market was valued at \u20b96.7 trillion in fiscal 2021 and is expected to grow at a compound annual rate of 25.5% and reach \u20b920.8 trillion by fiscal 2026. The country\u2019s electronics manufacturing sector was estimated at \u20b94.9 trillion at the end of fiscal 2021. It is expected\u2026","rel":"","context":"In &quot;Industrials&quot;","block_context":{"text":"Industrials","link":"https:\/\/alphastreet.com\/india\/category\/industrials\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":127843,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-aether-industries-files-for-initial-public-offering\/","url_meta":{"origin":126129,"position":2},"title":"IPO Alert: Aether Industries files for initial public offering","author":"Nishad","date":"February 23, 2022","format":false,"excerpt":"The global chemicals market was valued at around $5,027 billion in 2020, with India enjoying a market share of 4% that represents about $186 billion. The Indian chemicals industry contributes approximately 6.6% of the national gross domestic product. It accounts for 15-17% of the value of the manufacturing sector and\u2026","rel":"","context":"In &quot;Industrials&quot;","block_context":{"text":"Industrials","link":"https:\/\/alphastreet.com\/india\/category\/industrials\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":125048,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-wellness-forever-medicare-files-papers-for-a-public-listing\/","url_meta":{"origin":126129,"position":3},"title":"IPO Alert: Wellness Forever Medicare files papers for a public listing","author":"Nishadkishore","date":"October 20, 2021","format":false,"excerpt":"The Indian pharmaceutical industry is the world\u2019s third-largest by volume and 14th largest by value. The turnover of the country\u2019s pharmaceutical market was estimated at \u20b92.9 trillion in 2020, which is equally divided between the export and domestic markets. The domestic pharmaceutical market, which was valued at \u20b91.5 trillion last\u2026","rel":"","context":"In &quot;Health Care&quot;","block_context":{"text":"Health Care","link":"https:\/\/alphastreet.com\/india\/category\/healthcare-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":124752,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-keventer-agro-files-papers-with-sebi-to-go-public\/","url_meta":{"origin":126129,"position":4},"title":"IPO Alert: Keventer Agro files papers with SEBI to go public","author":"Nishadkishore","date":"August 20, 2021","format":false,"excerpt":"The Fast-Moving Consumer Goods Industry is currently the fourth largest contributor to the Indian economy. In FY 2020, the FMCG market in India was around \u20b96.75 trillion and is expected to reach \u20b911.20 trillion by FY 2025. At an aggregate level, the FMCG market is expected to grow at a\u2026","rel":"","context":"In &quot;Consumer&quot;","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":124759,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-womens-wear-brand-gocolors-files-papers-for-a-public-issue\/","url_meta":{"origin":126129,"position":5},"title":"IPO Alert: Women&#8217;s wear brand GoColors files papers for a public issue","author":"Nishadkishore","date":"August 26, 2021","format":false,"excerpt":"The retail market in India was valued at \u20b959.7 trillion in fiscal 2020 and is expected to grow at a CAGR of 6.23% to reach \u20b980.7 trillion by fiscal 2025. The apparel and accessories industry accounted for 7.9% of retail in 2020. Moreover, the woman\u2019s apparel segment increased from 19%\u2026","rel":"","context":"In &quot;IPO&quot;","block_context":{"text":"IPO","link":"https:\/\/alphastreet.com\/india\/category\/ipo\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/126129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1738"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=126129"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/126129\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/124093"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=126129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=126129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=126129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}