JNK India IPO
ListedJNK India IPO Details
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Bidding Date
23-Apr-2024 to
25-Apr-2024 -
Issue Size
₹649.47 Cr
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Price Band
₹395 to ₹415
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Allotment date
26-Apr-2024
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Listing date
30-Apr-2024
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Lot size
36
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No. of shares
1,56,49,968
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Fresh issue/OFS
₹300 Cr/₹349.47 Cr
About JNK India Company
JNK India, incorporated in 2010, specializes in the manufacturing of process fired heaters, reformers, and cracking furnaces, collectively referred to as "Heating Equipment," crucial in process industries such as oil and gas refineries, petrochemical, and fertilizer industries. With expertise in thermal designing, engineering, manufacturing, supplying, installing, and commissioning, they serve both domestic and overseas markets. Over time, the comnpany has diversified into flares, incinerator systems, and renewable energy sectors, particularly green hydrogen. Their services encompass the entire project lifecycle, from consultation and design to installation and commissioning.Having a B2B business model, their clientele includes prominent names in India such as Indian Oil Corporation Limited, Tata Projects Limited, Rashtriya Chemicals & Fertilizers Limited, and Numaligarh Refinery Limited. Overseas, JNK India has served leading engineering, procurement, and construction (EPC) companies in Europe and the Middle East.
Read our in-depth analysis of the JNK India Ltd IPO Here
Subscription Status
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Category
Status
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QIBs
75.7x
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NIIs
23.2x
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Retail
4x
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Others
--
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Total
28.1x
FAQs for JNK India IPO.
What is the issue size of JNK India IPO?
The issue size of JNK India is ₹649.47 Cr.
What is the industry of JNK India?
JNK India falls into Machinery & Equipments industry.
Where JNK India IPO will be listed?
The JNK India IPO will be listed on both NSE and BSE.
What are the open and close dates for the JNK India IPO?
The open and close dates for the JNK India are 23-Apr-2024 & 25-Apr-2024.
What are the price band for JNK India IPO?
The price band for the JNK India ipo is ₹395 to ₹415
What is the listing date of JNK India IPO?
The listing date of JNK India IPO is 30-Apr-2024.
What is the purpose for the JNK India IPO?
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
How much times JNK India IPO subscribed?
JNK India total subscription ratio is 28.1X.
What are the key financials for the JNK India IPO?
Key financial of the JNK India are:
| JNK India | FY-24 | FY-23 | FY-22 | FY-21 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 480.46 | 407.3 | 296.4 | 137.72 |
| EBIT (₹ Cr) | 93.94 | 62.89 | 50.85 | 23.42 |
| Proft after Tax (₹ Cr) | 62.65 | 46.57 | 35.98 | 16.48 |
| Debt (₹ Cr) | 54.78 | 33.76 | 5.99 | 8.95 |
| Net Worth (₹ Cr) | 195.36 | 122.38 | 72.18 | 36.82 |
| RoE (%) | 32.07 | 38.06 | 49.85 | 44.75 |