JNK India IPO Will Open On 23-04-2024 and end on 25-04-2024. JNK India IPO Price Range is ₹395-₹415 and Lot Size is 36 shares per lot. The Minimum Bid Price is ₹395 and the Minimum Investment of ₹14,220 For one lot and the Maximum Bid Price Is ₹415 and the maximum investment of ₹14,940 for one lot.
JNK India IPO Issue Size is ₹649.47(Cr). Regular Retail Investors can invest up to Rs 2,00,000 and High Networth Individuals can Invest Up to Rs 5,00,000 in JNK India Limited IPO. The allotment date of JNK India Limited IPO is 26 April 2024. JNK India IPO to be listed on April 30, 2024.
JNK India IPO Price Range
The Price Range of JNK India Limited IPO is ₹395-₹415.
JNK India IPO GMP
As of 21 April 2024, JNK IPO GMP is ₹15-20. Grey market premium may change depending on market conditions.
JNK India IPO Issue Size
The Issue Size of JNK India IPO is ₹649.47(Cr).
JNK India IPO Subscription Status
| Particulars | Subscription Rate |
| Qualified Institutional buyers | 0.68x |
| Non-Institutional Investor | 1.25x |
| Retail Individual Investors | 1.13x |
| Total | 1.03x |
JNK India IPO Allotment and Listing Date
Shares of JNK India Limited will be allotted to investors on 25-26 April 2024. JNK India Limited shares are expected to be listed on the NSE and BSE on April 30, 2024.
JNK India IPO Expected Return on Listing Day
Expected Returns On Listing Day of JNK India Limited IPO is 5%-6% and the Price Prediction of JNK India Limited IPO Share Is ₹415₹437.
Also Read: Power Grid Share Price Target 2024, 2025, to 2030
JNK India Limited Financials
Revenue: The JNK India Limited revenue in 2023 was ₹407.30(Cr), and in 2022 the revenue was around ₹296.39(Cr) crore. In 2021 JNK India Limited Revenue is around ₹137.72cr.
Profit: JNK India Profits In 2023 were ₹46.36 (Cr) and In 2022 The Profit was ₹35.98 (Cr). In 2021 JNK India Limited Profit Is Around ₹16.47(Cr).
Assets Information: The assets of JNK India Limited in 2023 were ₹337.77 Cr), and in 2022, the company’s assets were ₹268.31(Cr). In 2021 JNK India Limited Assets is ₹125.12(Cr).
About the JNK India Limited
JNK India Limited was established in 2010. Janak India Limited manufactures heating equipment in India. JNK India is involved in the design, engineering, manufacturing, supply, and installation. JNK India Limited has a market share of about 27% in industrial heating equipment in India. JNK India manufactures heating equipment for industries such as oil and gas refineries, petrochemical plants, fertilizer manufacturing units, and hydrogen and methane production facilities. Mr. Arvind Kamath is the Managing Director of JNK India Limited.
FAQ’S
What is the Price Band of JNK India Limited IPO?
The Price Band of JNK India Limited IPO is ₹395-₹415.
What is the Issue Size of JNK India Limited IPO?
The Issue Size of JNK India Limited IPO is ₹649.47(Cr).
What is the Lot Size of JNK India Limited IPO?
The Lot Size of JNK India Limited IPO is 36 shares/Lot.
Who is the Managing Director of JNK India Limited IPO?
The Managing Director of JNK India Limited IPO is Mr. Arvind Kamath.