IPO Trending
JNKINDIAEQ / BSEListed
JNK India

JNK India Limited, founded in 2010, specializes in designing, manufacturing, and installing industrial heating systems like process-fired heaters, reformers, and cracking furnaces. The company operates in India and globally, with completed projects in states like Maharashtra, Tamil Nadu, and West Bengal, as well as in Nigeria and Mexico. Serving top clients like Indian Oil Corporation and Tata Projects, JNK India ensures high-quality manufacturing, either in-house or through trusted vendors. Its Mundra facility in Gujarat, dedicated to exports, has a 5,000 metric tonne annual capacity. With 192 permanent employees (as of March 2023), JNK India remains committed to delivering reliable solutions and maintaining industry excellence.

DRHPANCHOR
₹349 - ₹41528.39x sub
Listed Price₹621.00
Listing Gain+49.64%

IPO Schedule & Timeline

Book Built Issue IPO
Open23 Apr 2024
Close25 Apr 2024
Allotment26 Apr 2024
Listing30 Apr 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail54,77,489 shares
34.2%
Nii(hni)23,47,497 shares
14.66%
QIB31,29,903 shares
19.54%

Minimum Application Lots

Retail1 Lot (36 shares)
₹14,940
sHNI14 Lots (504 shares)
₹2,09,160
bHNI67 Lots (2,412 shares)
₹10,00,980

Company Promoters

Mascot Capital and Marketing Pvt. Ltd.JNK Heaters Co. LtdArvind KamathGaoutam RampelliDipak Kacharulal Bharuka

Company Background

JNK India Limited, founded in 2010, specializes in designing, manufacturing, and installing industrial heating systems like process-fired heaters, reformers, and cracking furnaces. The company operates in India and globally, with completed projects in states like Maharashtra, Tamil Nadu, and West Bengal, as well as in Nigeria and Mexico. Serving top clients ...

Lead Managers & Bankers

IIFL Capital Services LimitedICICI Securities Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-23)₹256.76 Cr
Growth+85.5%
Revenue Trend (₹ in Crores)
0.0157.8315.5473.3Mar-21Mar-22Mar-23Dec-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-23256.7646.21453.3956.73
Mar-23411.5546.36337.7833.76
Mar-22297.1435.98268.325.99
Mar-21138.4516.48125.128.95

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Dec-239.4931.79%34.73%11.9243.32
Mar-239.5147.71%57.17%00
Mar-227.566.03%83.25%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
26 Apr 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
30 Apr 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for JNK India. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization26 Apr 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date30 Apr 2024Trading commences on exchange

How to Check JNK India Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select JNK India from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About JNK India IPO

Complete issue overview for JNK India (JNKINDIA) IPO. The issue features an equity share price band of ₹349 – ₹415 per share with a minimum retail lot size of 36 Shares (minimum application amount of ₹14,940). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions