Monday, April 29, 2024

JNK India IPO Date, Review, Price, Allotment Details

JNK India is without doubt one of the main Heating Equipment corporations in India in the case of new order reserving between Fiscal 2021 to Fiscal 2023 and has functions in thermal designing, engineering, production, supplying, putting in, and commissioning process-fired warmers, reformers, and cracking furnaces. (Source: F&S Report) They are some of the well-recognized process-fired heater corporations in India, having a marketplace percentage of roughly 27% within the Indian Heating Equipment marketplace, in the case of new order reserving in Fiscal 2023.

A process-fired heater is a kind of business heater used to warmth fluids or gases at once by means of burning a gasoline supply corresponding to herbal gasoline or propane. Reformers are units used to transform hydrocarbons, corresponding to herbal gasoline or naphtha, into synthesis gasoline or syngas, which is a mix of hydrogen and carbon monoxide. Further, cracking furnaces are used to wreck down huge hydrocarbon molecules into smaller ones, which is able to then be used to provide numerous merchandise, together with fuels, chemical substances, and plastics. The technique of breaking down hydrocarbons is referred to as cracking, and it normally comes to heating the hydrocarbon feedstock within the presence of a catalyst. (Source: F&S Report) The activity fired warmers, reformers, and cracking furnaces (in combination, the “Heating Equipment”) are required in activity industries corresponding to oil and gasoline refineries, petrochemicals, fertilizers, hydrogen and methanol vegetation and many others

In India, they’ve finished tasks in, among others, Andhra Pradesh, Assam, Bihar, Karnataka, Kerala, Maharashtra, Tamil Nadu, and West Bengal, and globally have finished tasks in Nigeria and Mexico. Further, they’ve ongoing tasks in Gujarat, Odisha, Haryana, Rajasthan India, and globally in Oman, Algeria, and Lithuania. Further, they’ve finished tasks that had been primarily based in far-reaching places, which integrated their tasks in India at Numaligarh, Assam; Kochi, Kerala; Barauni, Bihar; and in another country at Lagos, Nigeria.

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Objects of the Issue

  • Working capital necessities.
  • General company functions.

JNK India IPO Review (Apply or Not)

Brokerage Firm IPO Review

  • Capital Market: To be up to date quickly
  • Religare Broking: To be up to date quickly
  • Hem Securities: To be up to date quickly
  • Arihant Capital: To be up to date quickly

JNK India IPO Date & Price Band Details

IPO Open: April 23, 2024
IPO Close: April 25, 2024
IPO Size: Approx ₹[.] Crores
Fresh Issue: Approx ₹300 Crores
Offer for Sale: Approx 8,421,052 fairness stocks
Face Value: 2 Per Equity Share
IPO Price Band: ₹[.] to ₹[.] Per Share
IPO Listing on: BSE & NSE
Retail Quota: 35%
QIB Quota: 50%
 NII Quota: 15%
Discount: N/A
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors List: Click Here

JNK India IPO Market Lot

The JNK India IPO minimal marketplace lot is [.] stocks with ₹[.] software quantity. The retail buyers can practice up-to 13 quite a bit with [.] stocks or ₹[.] quantity.

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Application Lot Size Shares Amount
Retail Minimum 1 ₹-
Retail Maximum 13 ₹-
S-HNI Minimum 14 ₹-
B-HNI Minimum 68 ₹-

JNK India IPO Allotment & Listing Dates

The JNK India IPO date is 2024 and the shut date is April 2024. The JNK India IPO allotment might be finalized on 2024 and the IPO record on 2024.

Price Band Announcement: April 22, 2024
IPO Open Date: April 23, 2024
IPO Close Date: April 25, 2024
Basis of Allotment: April 26, 2024
Refunds: April 29, 2024
Credit to Demat Account: April 29, 2024
IPO Listing Date: April 30, 2024

You can test IPO subscription standing and IPO allotment standing on their respective pages.

JNK India IPO Form

How to use for the JNK India IPO? You can practice for JNK India IPO by way of ASBA to be had for your checking account. Just move to the net financial institution login and practice by way of your checking account by means of deciding on the JNK India IPO within the Invest segment. The different choice is you’ll practice for JNK India IPO by way of IPO paperwork downloaded by way of NSE and BSE. Check out the JNK India paperwork – Click BSE Forms & NSE Forms clean IPO paperwork obtain, fill, and put up for your financial institution or along with your dealer.

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JNK India Company Financial Report

  ₹ in Crores
Year Revenue Expense PAT
2021 ₹138.45 ₹115.65 ₹16.48
2022 ₹297.13 ₹249.31 ₹35.98
2023 ₹411.55 ₹348.83 ₹46.36
Dec 2023 ₹256.76 ₹196.07 ₹46.21

JNK India IPO Valuation – FY2023

Check JNK India IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹9.66 according to Equity Share
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): 47.71%
Net Asset Value (NAV): ₹25.45 according to Equity Share

Peer Group

  • Thermax Limited
  • Bharat Heavy Electricals Limited*
  • Mascot Capital and Marketing Pvt. Ltd
  • JNK Heaters Co. Ltd
  • Arvind Kamath
  • Gaoutam Rampelli
  • Dipak Kacharulal Bharuka

JNK India IPO Registrar

Link Intime India Private Ltd
Telephone: +91 810 811 4949
Email: [email protected]
Website: https://linkintime.co.in/

JNK India IPO Allotment Status Check

Check JNK India IPO allotment standing on Linkintime web page allotment URL. Click Here

JNK India IPO Lead Managers aka Merchant Bankers

  • ICICI Securities Limited
  • Iifl Securities Ltd 

Company Address

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/

JNK India IPO FAQs

What is JNK India IPO?

JNK India IPO is a main-board IPO. They are going to carry ₹[.] Crores by way of IPO. The factor is priced at ₹[.] to ₹[.] pr fairness percentage. The IPO is to be indexed on BSE & NSE.

When JNK India IPO will open?

The IPO is to open on April 23, 2024 for QIB, NII, and Retail Investors.

What is JNK India IPO Investors Portion?

The buyers’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the JNK India IPO?

You can practice for JNK India IPO by way of ASBA on-line by way of your checking account. You too can practice for ASBA on-line by way of UPI via your inventory agents. You too can practice by way of your inventory agents by means of filling up the offline shape.

How to Apply the JNK India IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “JNK India”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now move in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the JNK India IPO via Upstox?

Log in to the Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “JNK India”. Click on Bid Button. Confirm your Application. Now move in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the JNK India IPO via Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “JNK India”. Click on Bid Button. Confirm your Application. Now move in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is JNK India IPO Size?

JNK India IPO measurement is ₹[.] crores.

What is JNK India IPO Price Band?

JNK India IPO Price Band is ₹[.] to ₹[.].

What is JNK India IPO Minimum and Maximum Lot Size?

The minimal bid is [.] Shares with ₹[.] quantity whilst the utmost bid is [.] stocks with ₹[.].

What is the JNK India IPO Allotment Date?

JNK India IPO allotment date is April 26, 2024.

What is the JNK India IPO Listing Date?

JNK India IPO record date is April 30, 2024. The IPO is to checklist on BSE and NSE.

Note: The JNK India IPO worth band and date aren’t formally introduced but. The IPO gray marketplace top rate (JNK India IPO Premium) might be added to the IPO gray marketplace web page as it’s going to get started).



– Source : IPOWATCH

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