JNK INDIA
JNK India, a leading heating equipment company based in India, specializes in the design, engineering, manufacturing, supply, installation, and commissioning of process-fired heaters, reformers, and cracking furnaces. The company has a strong track record of executing projects across various states in India and internationally in countries like Oman, Algeria, and Lithuania.
As of December 31, 2023, JNK India has served 21 clients within India and eight clients globally. Its domestic clientele includes prestigious organizations such as Indian Oil Corporation Limited, Tata Projects Limited, Rashtriya Chemicals & Fertilizers Limited, and Numaligarh Refinery Limited.
As of December 31, 2023, JNK India had a workforce of 235 permanent employees. These included 77 individuals in the engineering department, 79 in projects control, and 20 in quality assurance, quality control, and safety.
Over the fiscal years 2021 to 2023, JNK India experienced robust growth in revenue from operations, EBITDA, and profit after tax, with compound annual growth rates (CAGR) of 71.97%, 68.09%, and 67.75%, respectively.
JNK India IPO Details
| Signature Global IPO Details | ||
|---|---|---|
|
JNK India IPO Dates |
23 – 25 April 2024 |
|
|
JNK India Issue Price |
INR 395 – 415 per share |
|
|
Fresh issue |
7,228,915 shares (INR 285.54 – 300 crore) |
|
|
Offer For Sale |
8,421,052 shares (INR 332.63 – 349.47 crore) |
|
|
Total IPO Size |
15,649,967 shares (INR 618.17 – 649.47 crore) |
|
|
Minimum bid (size) |
36 shares (INR 14,940) |
|
|
Face Value |
INR 2 per share |
|
|
Retail Allocation |
35% |
|
|
Listing On |
BSE, NSE |
|
JNK India Financial Performance
| Signature Global Financial Performance | ||||
|---|---|---|---|---|
|
|
FY21 |
FY22 |
FY23 |
9M FY 2024 |
|
Revenue |
137.72 |
296.40 |
407.30 |
253.39 |
|
Expenses |
115.65 |
249.31 |
348.83 |
196.07 |
|
Net income |
16.48 |
35.98 |
46.36 |
46.21 |
|
Margin (%) |
11.97 |
12.14 |
11.38 |
18.24 |
Figures in INR Crore unless specified otherwise