Contents
- 1 Table of Contents
- 2 JNK India IPO Details
- 3 JNK India IPO Dates
- 4 JNK India IPO Lot Size For Retails, QBIs and HNIs
- 5 JNK India IPOs Promoters holding or Owners Holdings
- 6 JNK India IPO GMP (Grey Market Premium) Day by Day
- 7 JNK India IPO Allotment
- 8 Know About JNK India Limited
- 9 JNK India Limited Financial Status (Restated)
- 10 Key Performance Indicator (KPI) of JNK India Limited
- 11 JNK India IPO Registrar
- 12 JNK India Limited IPO Book Running Lead Managers
- 13 JNK India Limited Contact
- 14 JNK India Limited IPO Review
- 15 JNK India IPO FAQs
JNK India IPO book built an issue of Rs 649.47 crores for 15,649,967 shares. and comprises a fresh issue of 0.72 crore shares worth Rs 300.00 crores and an offer for sale of 0.84 crore shares worth Rs 349.47 crores.JNK India IPO is open for subscription on date 23rd April 2024 and closes on 25th April 2024.
JNK India IPO’s GMP (grey market premium) today is ₹25. And expected allotment date of JNK India Ltd IPO is Friday, 26th April 2024.JNK India IPO will be listed on the exchange NSE and BSE on the expected date of 30th April 2024. The IPO is a Mainboard IPO.
Table of Contents
JNK India IPO Details
| JNK India Limited IPO (Mainboard) | |
| Open Date | 23rd April 2024 |
| Close Date | 25th April 2024 |
| IPO Size | Rs 649.47 crores for 15,649,967 shares |
| Face Value | ₹2 per share |
| IPO Price Band | ₹395 to ₹415 per share |
| IPO Listing on | BSE and NSE |
| Lot Size | 36 of share |
| OFS | ₹0.72 crore shares worth Rs 300.00 crores |
| Retail Quota | 35% of total share |
| QBI | 50% of total share |
| HNI | 15% of total share |
JNK India IPO Dates
- JNK India Ltd IPO opens on April 23, 2024, and closes on April 25, 2024.
- IPO Allotment: Friday, April 26, 2024
- Refunds Initiation: Monday, April 29, 2024
- Credit in Demat: Monday, April 29, 2024
- Listing Date: Tuesday, April 30, 2024
- Cut-off time for UPI mandate: 5 PM on April 25, 2024
JNK India IPO Lot Size For Retails, QBIs and HNIs
Minimum 1 lot or 36 shares total application amount ₹14,940 and maximum up to 13 lots, application amount is ₹194,220 for retailers.
| Applicants | Lot Size (Min & Max) | Share | Amount |
| Retail | 1-13 | 36-468 | ₹14,940-₹194,220 |
| S-HNI | 14 (Min) | 504 | ₹209,160 |
| B-HNI | 68 (Min) | 2380 | ₹10,015,920 |
JNK India IPOs Promoters holding or Owners Holdings
JNK India Limited prompters (Owner) are Mascot Capital and Marketing Pvt. Ltd., JNK Heaters Co. Ltd, Arvind Kamath, Gaoutam Rampelli, and Dipak Kacharulal Bharuka.
The pre-issue shareholding stands at 94.56%.
JNK India IPO GMP (Grey Market Premium) Day by Day
| Date | GMP | IPO Price | Estimate Listing Price | Update On |
| 23/04/2024 | ₹25 | ₹415 | ₹440 | 23/04/2024 15.40 |
| 24/04/2024 | ₹25 | ₹415 | ₹440 | 24/04/2024 13:00 |
JNK India IPO Allotment
To check JNK India IPO Allotment Visit the link Intime India Private Limited select IPO Name enter your PAN no then click on submit. Now you can see the allotment status.
Know About JNK India Limited
NK India is a leading heating equipment company in India, specializing in thermal designing, engineering, and manufacturing of process-fired heaters, reformers, and cracking furnaces. They hold approximately 27% market share in India’s heating equipment market. With over 17 clients in India and 7 overseas, including Indian Oil Corporation and Tata Projects, they have a strong client base.
Manufacturing facilities, including one in Gujarat’s SEZ, ensure adherence to customer requirements and standards. They employ 192 permanent staff and have completed projects across various Indian states and globally in Nigeria and Mexico. Their equipment finds applications in oil refineries, petrochemicals, and other process industries.
Ongoing projects in India and abroad demonstrate their continued growth and expansion efforts, positioning them as a key player in the heating equipment sector.
For Know More Please See JNK India Limited RHP | DRHP
JNK India Limited Financial Status (Restated)
| Particulars | For the Period / Year ended on (₹ in Lakhs) | |||
| 31st December, 2023 | 31st March, 2023 | 31st March, 2022 | 31st March, 2021 | |
| Liabilities | 2,677.57 | 1,868.62 | 1,844.19 | 831.81 |
| Assets | 4,533.94 | 3,377.75 | 2,683.19 | 1,251.24 |
| Revenue | 25676.00 | 41155.00 | 29714.00 | 13845.00 |
| Expenses | 1,960.72 | 3,488.34 | 2,493.10 | 1,156.49 |
| Profit After Tax (PAT) | 4621.1 | 4636.2 | 3598.3 | 1647.6 |
| Total Debt | 5673.3 | 3376.3 | 599 | 895 |
Key Performance Indicator (KPI) of JNK India Limited
| Particulars | As of 31 Dec 2023 |
| Revenue from operations | 2,5339.3 Lakh |
| EBITDA (in %) | 27.72 |
| PAT Margin (in %) | 18.24 |
| RoCE (in %) | 34.73 |
| RoE (%) | 31.79 |
| EPS | 9.55 per share |
| Order Book | 84502.7 Lakh |
JNK India IPO Registrar
Link Intime India Private Ltd
Telephone: +91 810 811 4949
Email: jnkindia.ipo@linkintime.co.in
Website: https://linkintime.co.in/
JNK India Limited IPO Book Running Lead Managers
- IIFL Securities Limited
- ICICI Securities Limited
JNK India Limited Contact
JNK India Limited
Unit No. 203, 204, 205 & 206,
Opposite TMC Office Centrum IT Park,
Satkar Hotel, Thane-West, Thane – 400604
Phone: +91-22 6885 8000
Email: compliance@jnkindia.com
Website: http://www.jnkindia.com/
JNK India Limited IPO Review
Experts review coming soon.
JNK India IPO FAQs
What is the size of the JNK India Ltd IPO?
The JNK India IPO is valued at Rs 649.47 crores for 15,649,967 shares.
What are the key dates for the JNK India Ltd IPO?
The IPO opens on April 23, 2024, and closes on April 25, 2024. Allotment is expected on April 26, 2024, with refunds initiated on April 29, 2024. The shares will be credited to Demat accounts on April 29, 2024, and the listing date is set for April 30, 2024.
What is the price band for the JNK India Ltd IPO?
The price band for the JNK India IPO is set between ₹395 to ₹415 per share.
What is the lot size for retail investors and other categories?
Retail investors can apply for a minimum of 1 lot (36 shares) and a maximum of 13 lots (468 shares), with application amounts ranging from ₹14,940 to ₹194,220. Other categories like S-HNI and B-HNI have different lot sizes and application amounts.
Who are the promoters of JNK India Limited?
The promoters of JNK India Limited are Mascot Capital and Marketing Pvt. Ltd., JNK Heaters Co. Ltd, Arvind Kamath, Gaoutam Rampelli, and Dipak Kacharulal Bharuka.
