JNK India Limited

Company Profile
Company Name JNK India Limited
Open Date 23-04-2024
Close Date 25-04-2024
Exchange BSE, NSE
Lot Size 36 Shares
Issue Price ₹395 to ₹415
Issue Size 16,015,988 Equity Shares
Application Amount Min. Inv. - ₹ 14,940 (36 shares) Max. Inv. – ₹ 1,94,220 (468 shares)
Recommendation Apply

JNK India Limited was originally incorporated in the year 2010 and has its registered office in Thane, Maharashtra, India. The Company is in the business of manufacturing process-fired heaters, reformers and cracking furnaces (together, the “Heating Equipment”). The company have capabilities in thermal designing, engineering, manufacturing, supplying, installing and commissioning Heating Equipment and caters to both domestic and overseas markets. The company have completed projects in Andhra Pradesh, Assam, Bihar, Karnataka, Kerala, Maharashtra, Tamil Nadu, West Bengal and globally have completed projects in Nigeria and Mexico. As of December 31st, 2023, the Company had 235 employees on its payroll.

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Financial Summary in Cr.

For the Period Ended Mar-21 Mar-22 Mar-23 Dec-23
Total Assets 125.12 268.32 337.78 453.39
Net Assets 36.82 72.18 122.17 168.56
Total Borrowings 8.95 5.99 33.76 8.70
Total Revenue 138.45 297.14 411.55 256.76
Profit After Tax 16.52 35.98 46.36 46.21

Tentative Timeline

Opening Date 23/04/2024
Closing Date 25-04-2024
Basis of Allotment 26-04-2024
Initiation of Refunds 29-04-2024
Credit of Shares to Demat 29-04-2024
Listing Date 30-04-2024

Objects of the Issue

Working capital requirements.
General corporate purposes.

Contact Information

Registered Office JNK India Limited Unit No. 203, 204, 205 & 206, Opposite TMC Office Centrum IT Park, Satkar Hotel, Thane-West, Thane - 400604
Phone +91-22 6885 8000
Email compliance@jnkindia.com
Website http://www.jnkindia.com/

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270
Email jnk.ipo@icicisecurities.com
Website https://linkintime.co.in/initial_offer/public-issues.html

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 94.56%
Share Holding Post Issue (Promoters)

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