JNK India Ltd - Prospectus Synopsis
JNK India Ltd 
RHP
Registered Office : Unit # 203 204 205 & 206 , Near Satkar Hotel Thane West , Thane - 400604 , Maharashtra , India.
Phone : +91 22 6885 8000 Fax :
Email :compliance@jnkindia.com Website : www.jnkindia.com
Initial public offering of 15,649,967 equity shares of face value of Rs. 2 each (Equity Shares) of JNK India Limited (The Company or the Issuer) for cash at a price of Rs. 415 per equity share (including a share premium of Rs. 413 per equity share) (the Offer Price) aggregating to Rs. 649.47 crores (the Offer), comprising a fresh issue of 7,228,915 equity shares aggregating to Rs. 300.00 crores (Fresh Issue) and an offer for sale of 8,421,052 equity shares (the Offered Shares) aggregating to Rs. 349.47 crores (the Offer for Sale), comprising 1,122,807 equity shares by Goutam Rampelli aggregating to Rs. 46.60 crores, 2,432,749 equity shares by JNK Global Co. Ltd (formally known as JNK Heaters Co. Ltd) (JNK Global) aggregating to Rs. 100.96 crores and 4,397,661 equity shares by Mscot Capital and Marketing Private Limited (Mascot Capital) aggregating to Rs. 182.50 crores (the Promoter Selling Shareholders) and 467,835 equity shares aggregating to Rs. 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 Rs. 2 each and the offer price is 207.50 times the face value of the equity shares.
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 4/23/2024 12:00:00 AM | 4/25/2024 12:00:00 AM | Rs 415 - 0 | Rs 0 - 0 |
| 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 |
| Project Financed through Current Offer | 649.47 | |
| Post Issue Equity Share Capital | 279.74 | |
| Issue Price | Rs. 415 |
| Projects |
|---|
| Funding working capital requiremnts |
| Promoted By | Listing At | Registrar to the Issue | |||
|---|---|---|---|---|---|
| - | Link Intime India Pvt Ltd |
ATTENTION INVESTORS
- Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
- KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
- No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Risk Disclosure on Derivatives
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to Rs. 50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
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Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
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This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.
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ATTENTION INVESTORS
- Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
- KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
- No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Risk Disclosure on Derivatives
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to Rs. 50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
We are ISO 27001:2013 Certified.
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.