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Open
23 Apr 2024
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Close
25 Apr 2024
3
Allotment
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Listing
Tue, Apr 30, 2024
Price Band
₹395 to ₹415
Issue Size
1,56,49,967 shares (agg. up to ₹649 Cr)
Lot Size
36 Shares
Listing Date
Tue, Apr 30, 2024
Latest GMP
₹135
Est. Gain
32.53%
✦ AI Insight
GMP Trend
30-04-2024₹135Est. ₹550+32.53%
29-04-2024₹130Est. ₹545+31.33%
28-04-2024₹117Est. ₹532+28.19%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 20.24x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 453.39 | 337.78 | 268.32 | 125.12 |
| Total Income | 256.76 | 411.55 | 297.14 | 138.45 |
| Profit After Tax | 46.21 | 46.36 | 35.98 | 16.48 |
| NET Worth | 168.56 | 122.17 | 72.18 | 36.82 |
| Reserves and Surplus | 158.88 | 112.57 | 62.58 | 36.22 |
| Total Borrowing | 56.73 | 33.76 | 5.99 | 8.95 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Jyoti CNC Automation Ltd. | Mainboard | ₹1,000.00 Cr | ₹331 | 433.43 | ₹434.20 | +31.18% | ₹803.05 (+2.82%) |
| Cyient DLM Ltd. | Mainboard | ₹592.00 Cr | ₹265 | 66.25 | ₹420.60 | +58.72% | ₹596.05 (+3.09%) |
| Faalcon Concepts Ltd. | SME | ₹12.09 Cr | ₹62 | 16.85 | ₹90.25 | +45.56% | ₹40.00 (-0.52%) |
| Vruddhi Engineering Works Ltd. | SME | ₹4.76 Cr | ₹70 | 17.13 | ₹74.55 | +6.50% | ₹240.00 (+6.19%) |
| Sona Machinery Ltd. | SME | ₹51.82 Cr | ₹143 | 18.8 | ₹131.25 | -8.22% | ₹31.95 (-2.44%) |
| Shri Balaji Valve Components Ltd. | SME | ₹21.60 Cr | ₹100 | 9.33 | ₹199.50 | +99.50% | ₹103.05 (-1.86%) |
| Presstonic Engineering Ltd. | SME | ₹23.30 Cr | ₹72 | 6.28 | ₹147.00 | +104.17% | ₹25.50 (-3.23%) |
| Arrowhead Seperation Engineering Ltd. | SME | ₹13.00 Cr | ₹233 | 18.09 | ₹237.50 | +1.93% | ₹70.00 (+0.00%) |
| Kalyani Cast Tech Ltd. | SME | ₹30.11 Cr | ₹139 | 8.67 | ₹277.30 | +99.50% | ₹791.50 (-3.48%) |
| Vinyas Innovative Technologies Ltd. | SME | ₹54.66 Cr | ₹165 | 8.4 | ₹346.50 | +110.00% | ₹1,286.85 (-2.96%) |
| Sunita Tools Ltd. | SME | ₹22.04 Cr | ₹145 | 16.88 | ₹147.25 | +1.55% | ₹884.75 (+1.99%) |
| Global Pet Industries Ltd. | SME | ₹13.23 Cr | ₹49 | 23 | ₹52.80 | +7.76% | ₹151.00 (-0.10%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements | 262.69 |
| 2 | General corporate purposes | 17.05 |
About JNK India IPO
JNK India Limited was incorporated in 2010 and is engaged in the design, manufacture, supply, installation, and commissioning of process-fired heaters, reformers and cracking furnaces. The company has completed projects in Andhra Pradesh, Assam, Bihar, Karnataka, Kerala, Maharashtra, Tamil Nadu and West Bengal and has implemented projects globally, including in Nigeria and Mexico. As of March 31, 2023, the company has served over 17 clients in India and seven clients overseas. The domestic clients include Indian Oil Corporation Limited, Tata Projects Limited, Rashtriya Chemicals & Fertilizers Limited and Numaligarh Refinery Limited. All products in JNK India Limited are manufactured as per the requirements of the customer and in accordance with the applicable standards. The manufacturing is done at the in-house manufacturing facilities and/or third-party vendors. One of the manufacturing facilities is located in the Multi-Product Special Economic Zone in Mundra, Gujarat, where production is exclusively for export. It is spread over an area of about 20,243 square metres with an installed capacity of 5,000 metric tonnes for manufacturing and modularization per annum. As of March 31,
Contact Details
JNK India Ltd. AddressUnit No.203, 204, 205 & 206Opposite TMC Office Centrum IT ParkSatkar Hotel, Thane (west)Thane, Maharashtra, 400604+91-22 6885 8000compliance@jnkindia.comVisit Website