Registered Office:
Unit # 203 204 205 & 206,Near Satkar Hotel Thane West,
Thane - 400604,
Maharashtra, India.
Phone : +91 22 6885 8000
Fax : NA
Initial public offering of 15,649,967 equity shares of face value of
(₹) 2 each ("Equity Shares") of JNK India Limited ("The Company" or the "Issuer") for cash at a price of (₹) 415 per equity share (including a share premium of (₹) 413 per equity share) (the "Offer Price") aggregating to
(₹) 649.47 crores (the "Offer"), comprising a fresh issue of 7,228,915 equity shares aggregating to (₹) 300.00 crores ("Fresh Issue") and an offer for sale of 8,421,052 equity shares (the "Offered Shares") aggregating to
(₹) 349.47 crores (the "Offer for Sale"), comprising 1,122,807 equity shares by Goutam Rampelli aggregating to (₹) 46.60 crores, 2,432,749 equity shares by JNK Global Co. Ltd (formally known as JNK Heaters Co. Ltd) ("JNK Global") aggregating to (₹) 100.96 crores and 4,397,661 equity shares by Mscot Capital and Marketing Private Limited ("Mascot Capital") aggregating to
(₹) 182.50 crores (the "Promoter Selling Shareholders") and 467,835 equity shares aggregating to (₹) 19.42 crores by Milind Joshi ("Individual Selling Shareholder", collectively, the "Selling Shareholders"). The offer constituted 28.14% of the post-offer paid-up equity share capital. While the company at the time of filing the draft red herring prospectus had contemplated a pre-ipo placement, the company has not undertaken a pre-ipo placement.
The face value of the equity share is (₹) 2 each and the offer price is 207.50 times the face value of the equity shares.
Opens On
Closes On
Application
Allotment
23-Apr-24
25-Apr-24
415.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
36
Further Multiples of :
36
(Rs.Cr)
Lead Managers to the Issue
Project Cost
279.74
ICICI Securities Ltd