247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

JNK India Limited IPO (JNK India IPO) Details

JNK India Limited is an Engineering - Heavy Machinery based company, located in Mumbai, JNK India Limited IPO size was 649.47 Cr. and was issued at 415.00 per share. The share of JNK India Limited were listed at 693.95 per share and are currently trading at 584.00 per share.

Type :
Sub Sector : Heating Equipment Segment
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
342.35 Cr.

PAT :
61.61 Cr.

Pricing Report

Issue Price :
415.00

Listing Price :
693.95

Current Market Price :
584.00

Issue Price vs CMP :
169 (40.72%)

listing Price vs CMP :
109.95 (15.84%)

Performance Report (CAGR* wise)

CAGR : 59.8
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About JNK India

Company Information
JNK India Limited is one of the leading heating equipment companies in India, ranked by new order bookings between Fiscal 2021 and Fiscal 2023. It has capabilities in thermal designing, engineering, manufacturing, supplying, installing, and commissioning process-fired heaters, reformers, and cracking furnaces. As of Fiscal 2023, the company holds a market share of approximately 27% in the Indian heating equipment market in terms of new order bookings. A process-fired heater is an industrial heater that heats fluids or gases directly by burning a fuel source, such as natural gas or propane. Reformers are devices used to convert hydrocarbons, like natural gas or naphtha, into synthesis gas (syngas), which is a mixture of hydrogen and carbon monoxide.
Object of Issue
  • Working capital requirements and
  • General Corporate Purposes

JNK India MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Apr, 2024
IPO Size :
649.47 Cr.
Market Cap :
2308.27 Cr.   
IPO Subscription :
28.46 X     
PE Multiple :
37.46
Merchant Banker :
ICICI Securities Limited
IPO Registrar:
Link Intime India Private Limited

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FAQs

JNK India operates in Engineering - Heavy Machinery and Heating Equipment Segment. The Issue is listed on MainBoard in Apr, 2024. JNK India IPO size was 649.47 Cr. with Issue price of 415.00 .

Merchant Banker(s) of JNK India IPO: ICICI Securities Limited , Iifl Securities Limited

JNK India IPO subscription was 28.46 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

JNK India IPO listed at a listing price of 693.95 against the offer price of 415.00.

The current market price of JNK India is 584.00.

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