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
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
Funds Raised in the IPO | Amount |
---|---|
Overall | 649.47 Cr |
Fresh Issue | 0 Cr |
Offer for Sale | 0 Cr |
Allotment Timeline | Details |
---|---|
Allotment Date | 26 Apr 2024 |
Allotment Link | {Link} |
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.
Date | Ipo Price | GMP | Estimated 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%) |
Issue Price | Listing Gain | Current Market Price | P/L |
---|---|---|---|
₹395 to ₹415 per share | ₹ 3295 (67.36%) | ₹ 334.7 | -19.35% |
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 in | 2010 |
Managing director | |
Parent organization |
Category | Subscription (No. of times) |
---|---|
Qualified Institutional Buyers (QIBs) | 74.4 |
Non-Institutional Investors (NIIs) | 23.8 |
Retail Individual Investors (RIIs) | 4.2 |
Employee | N/A |
Total | 28.46 |