JNK India IPO Details
| IPO Size | 649.5 |
| Price Range | ₹395 to ₹415 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 36 |
| Investment (cut-off price) | ₹14,940 |
| Pre IPO Promotor Holding | 94.56% |
| Post IPO Promotor Holding | -- |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
JNK India IPO Timelines
23/04/2024
Start Date25/04/2024
End Date29/04/2024
Refund Initiation29/04/2024
Credit of Shares to Demat Ac30/04/2024
Listing DateJNK India IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 36 | ₹14,940 |
| Retail Maximum | 13 | 468 | ₹194,220 |
| S-HNI Minimum | 14 | 504 | ₹209,160 |
| B-HNI Minimum | 68 | 2412 | ₹10,00,980 |
JNK India IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 75.72 x | 23.26 x | 4.11 x | -- | 28.13 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹621 | ₹694.55 | ₹712 | ₹621 |
JNK India IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹138.45 | ₹115.65 | ₹16.48 |
| FY 2022 | ₹297.13 | ₹249.31 | ₹35.98 |
| FY 2023 | ₹411.55 | ₹348.83 | ₹46.36 |
| FY 2024 (9M) | ₹256.76 | ₹196.07 | ₹46.21 |
About Company
JNK India is a heating equipment company in India. The company has capabilities in thermal designing, engineering, manufacturing, supplying, installing and commissioning process fired heaters, reformers and cracking furnaces.
JNK India had a market share of approximately 27% in the Indian Heating Equipment market, in terms of new order booking in Fiscal 2023. (Source: F&S Report). Their heating equipment are required in process industries such as oil and gas refineries, petrochemicals, fertilizers, hydrogen and methanol plants etc.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2010 | Capital Goods | Arvind Kamath |
Know Before Investing
JNK India IPO Strengths
- The company has an established track record with a diverse customer base.
- It is also well-positioned to capture industry tailwinds through the demonstrated capabilities.
- It has a diversified product portfolio.
- The company also has a robust Order Book reflecting revenue visibility.
- Experienced management team.
JNK India IPO Risks
- Any downside in the capital expenditure of the oil and gas, petrochemical and fertilisers industry can impact the business.
- The company derives a majority portion of its revenues from sales of Heating Equipment.
- High working capital requirements.
- The company faced intense competition.
Swot Analysis for JNK India IPO
Strengths
Weaknesses
Opportunities
Threats
Contact Details of IXIGO
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
Company Details
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: [email protected]
Website: http://www.jnkindia.com/
IPO Registar Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
FAQs
The key objectives of JNK India IPO are:
- Funding working capital requirements
- General corporate purposes