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.
Objects of the Issue
- Working capital necessities.
- General company functions.
JNK India IPO Review (Apply or Not)
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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.
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.
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
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What is JNK India IPO Size?
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What is JNK India IPO Minimum and Maximum Lot Size?
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