JNK India
JNK India Info
Details about the JNK India IPO. Opening Date of JNK India is 23 Apr 24 and Closing Date is 25 Apr 24 . Face Value of Each share of JNK India is ₹2 per share. Price band of JNK India is ₹395 to ₹415. The Lot size of JNK India is 36 shares. Total issue size of JNK India IPO is ₹649.47 cr. Fresh Issue of JNK India IPO is 300 cr. JNK India IPO also includes offer for sale of ₹349.47 cr.This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of JNK India is 48,392,000. Share Holding Post Issue of JNK India is 55,986,936.
Business Summary
JNK India is 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.
In India, Company have completed projects in, amongst others, Andhra Pradesh, Assam, Bihar, Karnataka, Kerala, Maharashtra, Tamil Nadu, West Bengal and globally have completed projects in Nigeria and Mexico.
JNK India IPO Details
| Open Date | 23 Apr 24 |
|---|---|
| Close Date | 25 Apr 24 |
| Face Value | ₹2 per shares |
| Price Band | ₹395 - ₹415 |
| Lot Size | 36 Shares |
| Total issue Size | 16,015,988 Shares ₹649.47 cr |
| Fresh Issue | 7,594,936 Shares ₹300 cr |
| Offer for Sale | 8,421,052 Shares (₹349.47 cr) |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 48,392,000 |
| Share Holding Post Issue | 55,986,936 |
| RHP , DHRP | View RHP, View DRHP |
JNK India IPO Timeline
The JNK India Initial Public Offering (IPO) is set to open on 23 Apr 24 and will end its subscription phase on 25 Apr 24. You can check your allotment status for JNK India on 26 Apr 24. The refund process for your funds will start promptly on 29 Apr 24. JNK India IPO credit of shares will be on 29 Apr 24. The listing date for JNK India is on 30 Apr 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
JNK India IPO Reservation
The JNK India IPO reserves shares for different investor categories. Approximately Not More than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not More than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
JNK India IPO Lot Size
Bids can be made for minimum of 36 shares and in multiple of 36 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 36 | 14,940 |
| Retail (Max) | 13 | 468 | 194,220 |
| S-HNI (Min) | 14 | 504 | 209,160 |
| S-HNI (Max) | 66 | 2,376 | 986,040 |
| B-HNI (Min) | 67 | 2,412 | 1,000,980 |
JNK India IPO Promoters Holding
Promoters holding details for JNK India in the current issue is as follows: The share holding of promoters before the issue stands at 94.56%, and after the issue, it has been adjusted to -%.
Promoters of JNK India are Mascot Capital And Marketing Private Limited, Jnk Global Co. Ltd (Formerly Known As Jnk Heaters Co. Ltd), Arvind Kamath, Goutam Rampelli, Dipak Kacharulal Bharuka,
| Share Holding Pre Issue | 94.56% |
|---|---|
| Share Holding Post Issue | -% |
JNK India Financial Information
Financial performance details for JNK India over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Dec 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 453.39 | 337.78 | 268.32 | 125.12 |
| Revenue | 256.76 | 411.55 | 297.14 | 138.45 |
| Profit After Tax | 46.21 | 46.36 | 35.98 | 16.48 |
JNK India IPO Key Performance Indicator
Key Performance Indicators (KPIs) for JNK India are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 43.32 |
| ROCE | 34.73% |
| ROE | 31.79% |
| RoNW | 31.79% |
| EPS (Rs) | 9.58 |
Object of the Issue
- • Working capital requirements
- • General corporate purposes
Contact Details for JNK India
Phone
Office
Unit No. 203, 204, 205 & 206, Opposite TMC Office Centrum IT Park, Satkar Hotel, Thane-West, Thane - 400604
Registrar Details for JNK India
Link Intime India Private Ltd
Phone
Office
C-101, 1st Floor, 247 ParkL.B.S. Marg, Vikhroli West Mumbai 400 083, Maharashtra, India
Lead Manager
- • IIFL Securities Ltd
- • ICICI Securities Limited