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 meters with an installed capacity of 5,000 metric tones for manufacturing and modularization per annum. (source- https://www.chittorgarh.com)
JNK India Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 23 April 2024 |
| IPO Close Date | 25 April 2024 |
| llotment Date | 26 April 2024 |
| IPO Listing Date | 30 April 2024 |
JNK India Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 2 Per Equity Share |
| IPO Price | Rs. 395 to Rs. 415 Per Equity Share |
| Market Lot | 36 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 650 Crore. |
JNK India Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 36 | Rs. 14940 |
| Maximum | 13 | 468 | Rs. 194220 |
| Small HNI (Minimum) | 14 | 504 | Rs. 209160 |
| Big HNI (Minimum) | 68 | 2412 | Rs. 1000980 |
JNK India Limited IPO Allotment Status & IPO forms
Click Here To Check IPO Allotment Status JNK India Limited IPO
Click Here To Get ASBA Forms JNK India Limited IPO
Company Financials:
| Particular | 31 March 2023 | 31 March 2022 | 31 March 2021 |
| Total Assets | 337.78 | 268.32 | 125.12 |
| Total Revenue | 411.55 | 297.14 | 138.45 |
| Profit After Tax | 46.36 | 35.98 | 16.48 |
Company Promoters:
Mascot Capital and Marketing Pvt. Ltd., JNK Heaters Co. Ltd, Arvind Kamath, Gaoutam Rampelli, and Dipak Kacharulal Bharuka are the company’s promoters.
Purpose of the Issue
- Working capital requirements; and
- General corporate purposes.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| 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/ | 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 |
