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JNK India IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 649.47 Cr. The company is based in Mumbai and caters to Engineering - Heavy Machinery sector. ICICI Securities , Iifl Securities are the merchant bankers of JNK India IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 22nd August 2023.
JNK India IPO open date is 23rd April 2024 and close date is 25th April 2024. IPO Allotment Date is 26th April 2024 and Listing date is 30th April 2024.
IPO
Size:
₹ 649.47 Cr.
Avg IPO Size (Sector Based)
: ₹
786.94 cr.
Sector: Engineering - Heavy Machinery
IPO so far:
7
Merchant Banker:
ICICI Securities
IPO by BRLM so far:
164
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹
342.35
cr. 
PE
Ratio:
37.46x
Average Sector PE Ratio: 18.03x
JNK India IPO size is ₹ 649.47 Cr. with IPO price of ₹ 415.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
ICICI Securities Limited is the book-running lead manager of the JNK India IPO. Link Intime India Private Limited is the Registrar for JNK India IPO.
JNK India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
JNK India IPO, based in Mumbai, operates in the Engineering - Heavy Machinery sector with a focus on Heating Equipment segment. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. JNK India IPO size is ₹ 649.47 Cr. with fresh issue size of ₹ 300.00 Cr. and Offer for sale being ₹ 349.47Cr.
The IPO allotment date for JNK India IPO is expected to be 26th April 2024, after the finalization of basis of allotment. Investors can check JNK India IPO allotment status on the registrars website, Link Intime India Private Limited . JNK India IPO refund dates are 29th April 2024.
JNK India IPO is expected to be listed on 30th April 2024.
The upper price band for the JNK India IPO is set at ₹ 415.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on JNK India IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the JNK India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 25th April 2024. After submission, funds are blocked until the basis of allotment of JNK India IPO is finalised.
The merchant banker for JNK India IPO is ICICI Securities Limited , Iifl Securities Limited . ICICI Securities Limited , Iifl Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the JNK India IPO RHP for further details.
The registrar for JNK India IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to JNK India IPO through their official website or helpline.
JNK India IPO was subscribed 28.46 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 649.47 Cr.
Avg IPO Size (Sector Based)
:
₹ 786.94 Cr.
Sector: Engineering - Heavy Machinery
IPO so far:
7
Merchant Banker:
ICICI Securities
IPO by BRLM so far:
164
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹ 337.73 cr.
PE
Ratio:
37.46x
Average Sector PE Ratio: 18.03x
JNK India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on JNK India Financial Review Page
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 367.45.
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