IPO

JNK India Ltd. IPO

JNK India Ltd., established in 2010, operates in the Engineering - Heavy sector. The company's IPO opened on April 23, 2024 and closed on April 25, 2024, with an issue price of ₹415. The JNK India ... Read more

Min Investment
₹ 14,940 / 36 shares
Price Range
₹395 - ₹ 415
Bidding Dates
23 Apr '24 - 25 Apr '24
Total Issue Value
649.47 Cr
Lot Size
36
Total Issue Size
649.47 Cr
Listing At
BSE, NSE
Subscription
20.32 times
BSE Price
654.70 (57.76%)
NSE Price
656.50 (58.19%)

IPO Timeline

  • 23 Apr 2024
    Bidding Starts
  • 25 Apr 2024
    Bidding Ends
  • 26 Apr 2024
    Allotment Finalization
  • 30 Apr 2024
    Listing

About JNK India Ltd.

We are in the business of manufacturing the process fired heaters, reformers and cracking furnaces (together, the “Heating Equipment”) that are required in process industries such as for oil and gas refineries, petrochemical and fertilizer industries. We have capabilities in thermal ... Read more

Parent organisation
Founded
JNK India Ltd.
2010

JNK India Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 46,94,990 (30%)
Non Institutional Investors 23,47,495 (15%)
Qualified Institutional Buyers (QIBs) 31,29,994 (20%)
Retail Individual Investors (RIIs) 54,77,489 (35%)

JNK India Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 479.98 Cr 61.74 Cr 185.01 Cr
31 Mar 2023 409.60 Cr 46.63 Cr 112.80 Cr
31 Mar 2022 289.84 Cr 35.95 Cr 62.54 Cr

JNK India Ltd. Background

Our Company was incorporated as “JNK India Private Limited”, a private limited company under the Companies Act, 1956, in Thane, Maharashtra pursuant to a certificate of incorporation dated June 14, 2010 granted by the RoC. Pursuant to the conversion of our Company from a private ...

Read more

Major Events And Milestones
  • 2010
    Incorporation of our Company.
  • 2019
    First purchase order for erection work in Nigeria.
  • 2021
    Received our first purchase order for supply of natural gas and bio – compressed natural gas reformingbased hydrogen infrastructure for refuelling fuel cell buses.
    Received letter of approval for setting up of our manufacturing unit in Mundra, Gujarat (SEZ).
    Received first purchase order for flare systems, in Nigeria
  • 2022
    Incorporation of our subsidiary, JNK Renewable Energy Private Limited
  • 2023
    First sub-contract received for a project in the steel industry
    Entered into a consortium agreement dated December 18, 2023 with a company to offer their services to prospective customers and clients and co-operate as a consortium on several initiatives for various\compressed biogas projects.
    Entered into a memorandum of understanding dated September 14, 2023 with a company for technical collaboration to avail design and engineering services to bid for an incinerator package tendered by a company.
JNK India Ltd. Object of Issues

1. Funding working capital requirements
2. General corporate purposes

JNK India Ltd. IPO Listing Details
Listing Date
30 Apr 2024
BSE Script Code
JNK
NSE Symbol
JNK
ISIN
INE0OAF01028
Final Issue Price
₹ 415
JNK India Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 415.00 ₹ 415.00
Open ₹ 620.00 ₹ 621.00
Low ₹ 620.00 ₹ 621.00
High ₹ 712.00 ₹ 712.00
Last Trade ₹ 693.95 ₹ 694.55
JNK India Ltd. Company Promoters

1. Arvind Kamath
2. Goutam Rampelli
3. Dipak Kacharulal Bharuka
4. Mascot Capital
5. JNK Global

Industry Overview

India is the third largest oil consumer in the world and the oil demand is expected to reach 11 million barrels per day by calendar year 2045. Demand for Heating Equipment from Indian refineries, petrochemicals and fertilizer (urea) segments between Fiscals 2024 and 2029 is estimated at ? 270,890 ... Read more

JNK India Ltd. IPO Registrar
Link Intime India Pvt. Ltd.
C-101, 247 Park, L B S Marg, Vikhroli West, Mumbai Maharashtra - 400083
49186000
JNK India Ltd. IPO Lead Manager(s)
IIFL Securities Ltd.
24th Floor, One Lodha Place Senapati Bapat Marg Lower Parel (West), Mumbai Maharashtra - 400013
46464728

FAQs

When does JNK India Ltd. IPO opens and closes?

JNK India Ltd. IPO opens from 23rd April to 25th April 2024.

What is the size of JNK India Ltd. IPO?

The size of the JNK India Ltd. IPO is ₹649.47 Cr.

What is the price range of JNK India Ltd. IPO?

The price range of JNK India Ltd. IPO is at ₹395 to ₹415 per share.

What is the minimum investment and lot size required for the JNK India Ltd. IPO?

The minimum investment required is ₹14,940 and minimum lot size is 36 shares.

When is JNK India Ltd. IPO listing date?

The JNK India Ltd. IPO will be listed on 30th April 2024.

What is the objective of JNK India Ltd. IPO?

1. Funding working capital requirements
2. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+