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    5. JNKINDIA

    JNK India Limited

    CLOSED

    IPO Date: 23 Apr - 25 Apr 2024

    Listing Date: 30 Apr 2024

    Price Range

    ₹395 to ₹415 per share

    Issue Size

    649.47 Cr

    Min Investment

    ₹14,220

    Lot Size

    36 Shares

    View IPO Document

    Schedule of JNK India Limited

    Issue open date

    23 Apr 2024

    Issue close date

    25 Apr 2024

    UPI mandate deadline

    25 Apr 2024 (5 PM)

    Allotment finalization

    26 Apr 2024

    Share credit

    29 Apr 2024

    Listing date

    30 Apr 2024

    Mandate end date

    10 May 2024

    Issue size

    Funds Raised in the IPOAmount
    Overall649.47 Cr
    Fresh Issue0 Cr
    Offer for Sale0 Cr

    Allotment DetailsNew

    Allotment TimelineDetails
    Allotment Date26 Apr 2024
    Allotment Link{Link}

    Grey Market PremiumNew

    Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

    DateIpo PriceGMPEstimated Listing Price
    30 Apr 2024₹415₹135₹550 (32.53%)
    29 Apr 2024₹415₹130₹545 (31.33%)
    28 Apr 2024₹415₹117₹532 (28.19%)
    27 Apr 2024₹415₹114₹529 (27.47%)
    26 Apr 2024₹415₹107₹522 (25.78%)
    25 Apr 2024₹415₹85₹500 (20.48%)
    24 Apr 2024₹415₹25₹440 (6.02%)
    23 Apr 2024₹415₹25₹440 (6.02%)
    22 Apr 2024₹415₹15₹430 (3.61%)
    21 Apr 2024₹415₹0₹415 (0%)
    20 Apr 2024₹415₹0₹415 (0%)

    Performance JNK India Limited

    Issue PriceListing GainCurrent Market PriceP/L
    ₹395 to ₹415 per share₹ 3295 (67.36%) ₹ 334.7-19.35%

    About JNK India Limited

    JNK India Limited was incorporated in 2010 and is engaged in the design, manufacture, supply, installation, and commissioning of process-fired heaters, reformers and cracking furnaces. The company has completed projects in Andhra Pradesh, Assam, Bihar, Karnataka, Kerala, Maharashtra, Tamil Nadu and West Bengal and has implemented projects globally, including in Nigeria and Mexico. As of March 31, 2023, the company has served over 17 clients in India and seven clients overseas. The domestic clients include Indian Oil Corporation Limited, Tata Projects Limited, Rashtriya Chemicals & Fertilizers Limited and Numaligarh Refinery Limited. All products in JNK India Limited are manufactured as per the requirements of the customer and in accordance with the applicable standards. The manufacturing is done at the in-house manufacturing facilities and/or third-party vendors. One of the manufacturing facilities is located in the Multi-Product Special Economic Zone in Mundra, Gujarat, where production is exclusively for export. It is spread over an area of about 20,243 square metres with an installed capacity of 5,000 metric tonnes for manufacturing and modularization per annum. As of March 31, 2023, the company had 192 permanent employees.

    Founded in2010
    Managing director
    Parent organization

    Financial Overview

    Strengths

      Risks

        Subscription Figures

        CategorySubscription (No. of times)
        Qualified Institutional Buyers (QIBs)74.4
        Non-Institutional Investors (NIIs)23.8
        Retail Individual Investors (RIIs)4.2
        EmployeeN/A
        Total28.46