JNK India Ltd
Price Range
₹395 - ₹415
Min. Quantity
36
Closes on
25 April 2024
Min. investment
₹14,940/468 Shares
JNK India Ltd IPO Timeline
JNK India Limited was incorporated as 'JNK India Private Limited', a Private Limited Company in Thane, Maharashtra dated June 14, 2010, granted by the Registrar of Companies. The Company converted from a Private Company into a Public Company and the name was changed to 'JNK India Limited', vide a fresh Certificate of Incorporation on May 26, 2023.
| Event | Date |
|---|---|
| JNK India Ltd IPO Opening Date | 23 April 2024 |
| JNK India Ltd IPO Closing Date | 25 April 2024 |
| Basis of Allotment | 26 April 2024 |
| Initiation of Refunds | 29 April 2024 |
| Credit of Shares to Demat | 29 April 2024 |
| JNK India Ltd IPO Listing Date | 30 April 2024 |
JNK India Ltd IPO Details
| JNK India Ltd IPO Date | 23 April 2024 to 25 April 2024 |
| JNK India Ltd IPO Face Value | ₹2 per share |
| JNK India Ltd IPO Price | ₹395 to ₹415 per share |
| JNK India Ltd IPO Lot Size | 36 |
| Issue Size | Shares of ₹2 (aggregating up to ₹649.47 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹300 Cr) |
| Offer for Sale | Shares of ₹2 (aggregating up to ₹349.47 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 30,75,283 of the Net Offer |
| Retail Shares Offered | Not less than 56,05,596 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 24,02,399 of the Net Offer |
| Company Promoters | Mascot Capital & Marketing Pvt, JNK Global Co Ltd, Arvind Kamath |
JNK India Ltd IPO Lot Size
The JNK India Ltd IPO lot size is 36 shares. A retail-individual investor can apply for up to 13 lots (468 shares or ₹1,94,220).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 36 | ₹14,940 |
| Maximum | 13 | 468 | ₹1,94,220 |
- Strengths
- Risks
- Opportunities
- Established track record with a diverse customer base.
- Well-positioned to capture industry tailwinds through its demonstrated capabilities over time.
- Diversifying product portfolio to cater to varied industries.
- Demonstrated financial performance with a robust Order Book reflecting revenue visibility for last three Fiscals.
- Skilled and experienced Promoters and management team with committed employee base.
Company Financials
JNK India Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 527 | 479.98 | 61.73 |
| 03-2023 | 337.43 | 409.6 | 46.63 |
| 03-2022 | 267.34 | 289.84 | 35.95 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding working capital requiremnts
- General corporate purposes
JNK India Ltd IPO Promoter Holding
| Pre Issue Share Holding | 46.62% |
| Post Issue Share Holding | 32.65% |
JNK India Ltd IPO Subscription Status (Bidding Detail)
The JNK India Ltd IPO is subscribed 28.13 times on 25 April 2024 05:00:00 PM. The public issue subscribed 4.11 times in the retail category, 75.72 times in the QIB category, and 23.26 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 75.72 | 23.26 | 4.11 | - | 28.13 |
JNK India Ltd IPO Prospectus
JNK India Ltd IPO Listing Date
| Listing Date | 30 April 2024 |
| BSE Script | 544167 |
| NSE Symbol | JNKINDIA |
| Listing In | BSE, NSE |
| ISIN | INE0OAF01028 |
| IPO Price | ₹415 |
| Face Value | ₹2 |
Company Contact Information
Unit # 203 204 205 & 206Near Satkar Hotel Thane West,Thane-400604
Phone: +91 22 6885 8000
Email: compliance@jnkindia.com
Website: www.jnkindia.com
JNK India Ltd IPO Registrar
JNK India Ltd IPO Lead Manager(s)
- IIFL Securities Ltd
- ICICI Securities Ltd
FAQ
What is the issue size of JNK India Ltd IPO?
I have pre-applied for JNK India Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.