ISSUE OPEN
JNK India Ltd.
Min Investment
₹14940
Subscribed Times
28x
Issues size
₹300 Crores
Price Range
₹395 - ₹415
Open on
23 Apr'24
Close on
25 Apr'24

Application Details

Lot Size
36
Issue Size
₹300 Crores
Issue Type
Book Building

IPO Timeline

23
Apr'24
Issue Open
25
Apr'24
Issue Close
26
Apr'24
Finalization of Basis of Allotment
29
Apr'24
Initiation of refund
29
Apr'24
Transfer of shares to Demat Account
30
Apr'24
Listing Date

Shares Offered

Qualified Inst. Buyers
50.00
Non Inst. Buyers
15.00
Retails Ind. Buyers
35.00

Subscription Status 

(as of 02 May 2024)
Overall Status27.58x
Qualified Inst. Buyers
75.72x
Non Inst. Buyers
22.83x
Retails Ind. Buyers
3.21x

Objects of the offer

1. Funding working capital requirements
2. General corporate purposes

Company’s Financials

Mar 2021
Mar 2022
Mar 2023
Equity Capital
Reserves and Surplus
Total Debt
Gross Block
Net Sales
PBIDT
PAT
Dividend
EPS
Book Value

Peer Comparison

Scrip NameRevenue(cr)Net Profit(cr)EPSCurrrent Ratio
Bharat Heavy Electricals Ltd.23364.94477.391.37205.58
ISGEC Heavy Engineering Ltd.6399.04196.4926.7241.06
Suzlon Energy Ltd.5970.532849.012.119.77
Lakshmi Machine Works Ltd.4719.15384.02359.4747.02
Praj Industries Ltd.3528.04239.7913.0541.9
GMM Pfaudler Ltd.3177.55166.6337.0638.6
Jupiter Wagons Ltd.2068.25120.792.93139.42
Elecon Engineering Company Ltd.1937.42355.5831.6935.77
Triveni Turbine Ltd.1247.55192.556.0688.78
HLE Glascoat Ltd.931.5269.8110.2344.22

 IPOs in the News

Blackstone-backed Aadhar Housing Finance IPO opens on May 8
Aadhar Housing Finance, owned by the affiliate of Blackstone Group, will hit Dalal Street with its Rs 3,000-crore initial share sale on May 8. This would be the third public issue opening next week, after Indegene and TBO Tek. The IPO, which closes on May 10, is a mix of fresh issue of shares worth Rs 1,000 crore and an offer-for-sale (OFS) of Rs 2,000 crore worth of shares by promoter BCP Topco.
01 May 2024 | 05:11 PM
General Atlantic-backed TBO Tek IPO opens next week
TBO Tek IPO: The initial public offering of TBO Tek Ltd is going to hit the Indian primary market on 8th May 2024 and it will remain open till 10th May 2024 from Wednesday to Friday next week. The online travel distribution company is yet to declare the TBO Tek IPO price band. The online travel distribution company, which has investments from global growth equity investor General Atlantic.
01 May 2024 | 02:54 PM
IPOs in May: Indegene, TBO Tek, Aadhar Housing and 4 SME companies
The primary market remained abuzz last month with a slew of initial public offerings (IPO) hitting the Street despite the volatility in the Indian stock market. A total of 24 companies have raised more than ₹18,000 crore from IPOs in 2024 so far. The SME segment also witnessed 77 IPOs last month.The IPO frenzy is expected to continue with several scheduled IPOs in May.
01 May 2024 | 02:38 PM
Indegene IPO: GMP jumps after price band declaration
Indegene IPO: The Initial Public Offering (IPO) of Indegene Limited is going to hit the Indian primary market on 6th May 2024 i.e. on Monday next week. The company, which provides digital services to the life science industry, recently declared the Indegene IPO price band at ₹430 to ₹452 per equity share. After the announcement of the Indegene IPO price, shares of the company became available.
01 May 2024 | 01:57 PM
IPO wave shows no signs of abating in May
With the Indian equity markets outpacing major global indices in April despite geopolitical tensions in the Middle East and election-related uncertainty, the primary market will continue to see a flurry of IPO launches and listings in May. Aadhar Housing Finance Ltd, Indegene, TBO Tek, and others are expected to raise as much as Rs 7,000 crore from initial public offers this month.
01 May 2024 | 11:48 AM
view more news

Guide to IPO Investment

Company Contact Info

Unit No. 203, 204, 205 & 206,
Opposite TMC Office,
Centrum IT Pa
Unit No. 203, 204, 205 & 206,
Opposite TMC Office,
Centrum IT PaThane,Maharashtra-400604
Phone : 68858000

Book Running Managers

ICICI SECURITIES LTD
IIFL Securities Ltd.

Registrar & Transfer Agent

Link Intime India Pvt. Ltd.
C-101, 247 Park,L B S Marg, Vikhroli West,Mumbai,Maharashtra-400083
Phone : 49186000
Fax :49186060/

Offer Related Information

Initial public offering of up to 15649968 equity shares of face value of Rs.2.00 each (Equity Shares) of JNK India Ltd.("The Company" or the "Issuer")
 for cash at a price of Rs.415.00 per equity share (including a premium of Rs.413.00 per equity share) ("Offer Price")
aggregating up to Rs.6494736720 crores.
Offer Price: Rs.415.00 per equity share of face value of Rs.2.00 each.
The Offer Price is {ApplicationMoney/FaceValue} times of the face value
The minimum bid lot is 36 equity shares and in multiples of 36 equity shares thereafter
Single-click UPI-based IPO application
I wish to talk in South Indian language
By proceeding you’re agreeing to our T&C