JNK India IPO Subscription Status, Rate

JNK India Allotment Status Online

JNK India IPO Subscription Status: JNK India IPO is Open on April 23, 2024 and Close on April 25, 2024. JNK India IPO to Raise 16,015,988 Shares (Approx ₹649.47 Cr) via IPO. The Fresh Issue of 16,015,988 Shares (Approx ₹649.47 Cr).

  • The Retail Quota is 35%
  • QIB is 50%
  • NII is 15%.

 

JNK India IPO is an Mainline IPO and Listed on NSE & BSE. JNK India Price Band is Fixed at ₹395 – ₹415 per ₹10 Equity Share. JNK India IPO Lot Size is 36 Shares.

About JNK India :

JNK India  Incorporated In 2010  One Of The Leading Heating Equipment Companies In India In Terms Of New Order Booking Between Fiscal 2021 To Fiscal 2023 And Have Capabilities In Thermal Designing, Engineering, Manufacturing, Supplying, Installing And Commissioning Process Fired Heaters, Reformers And Cracking Furnaces.

 

We Are One Of The Well-Recognized Process Fired Heater Companies In India, Having A Market Share Of Approximately 27% In The Indian Heating Equipment Market, In Terms Of New Order Booking In Fiscal 2023.

 

A Process Fired Heater Is A Type Of Industrial Heater Used To Heat Fluids Or Gases Directly By Burning A Fuel Source Such As Natural Gas Or Propane. Reformers Are Devices Used To Convert Hydrocarbons, Such As Natural Gas Or Naphtha, Into Synthesis Gas Or Syngas, Which Is A Mixture Of Hydrogen And Carbon Monoxide. Further, Cracking Furnaces Are Used To Break Down Large Hydrocarbon Molecules Into Smaller Ones, Which Can Then Be Used To Produce 152 A Variety Of Products, Including Fuels, Chemicals, And Plastics.

 

JNK India IPO Subscription Status day-by-day-

Categories 23 Mar 24 Mar 25 Mar
QIB 0.66 0.66 42.46
NII 0.26 1.07 15.08
RII 0.52 1.10 2.56
Total 0.50 0.97 16.64

 

 

Also Read: JNK India IPO Details Today, GMP Price, Date, Review

 

Varyaa Creations IPO Investor Categories

  • Qualified Institutional Buyers (QIB).
  • Non- Institutional Investors (NII).
  • Retail individual Investors (RII).
  • Employee (EMP).
  • Others (Eligible Shareholders).

Who Is QIB In IPO?

QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.

 

Who Is NII In IPO?

NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.

 

Who Is RII In IPO?

RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.

 

Who Is EMP In IPO?

“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).

 

JNK India IPO Review From MoneyMintIdea –

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