JNK India IPO

JNK India IPO is a book built issue of Rs 649.47 crores. The issue is a combination of fresh issue of 0.76 crore shares aggregating to Rs 300.00 crores and offer for sale of 0.84 crore shares aggregating to Rs 349.47 crores. JNK India IPO bidding opened for subscription on April 23, 2024 and will close on April 25, 2024. The allotment for the JNK India IPO is expected to be finalized on Friday, April 26, 2024. JNK India IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, April 30, 2024.

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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. Read more

How do I apply for the JNK India IPO?

You can apply for the JNK India IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.