The listing date for the JNK India IPO is scheduled for Tuesday, April 30, marking the next milestone in the IPO journey.
Read MoreThe listing date for the JNK India IPO is scheduled for Tuesday, April 30, marking the next milestone in the IPO journey.
The offer was split roughly equally between qualified institutional purchasers (around 50%), retail investors (35%), and non-institutional investors (15%).
The JNK India offer consists of a fresh issuance of shares amounting to ₹300 Crore and an offer-for-sale (OFS) of 84.21 lakh equity shares worth ₹349.47 Crore by existing shareholders
Up to ₹300 Crore in new issues and up to 84,21,052 equity shares in the Offer for Sale (OFS) are part of the Initial Public Offer (IPO).
Allocation of shares for the JNK India IPO is scheduled for April 26, with listing on both BSE and SME exchanges slated for April 30.
22% of the amount designated for non-institutional investors (NII) was subscribed, whilst 67% of portion designated for QIBs had received bids.
By the market close, the Sensex plummeted by 609.28 points or 0.82% to 73,730.16, while the Nifty fell by 150.30 points or 0.67% to 22,420.
At the time of writing, the broader market showed resilience, with the BSE MidCap index gaining 0.73% and the BSE SmallCap index rising by 0.89%.
U.S. West Texas Intermediate crude futures increased by 33 cents, or 0.39%, to $83.90 a barrel, while Brent crude futures gained 34 cents, or 0.38%, to $89.35 a barrel.
The Bank of Japan maintained its target range for short-term interest rates at 0-0.1% and forecasted inflation to remain at 2% for the following three years.
By the market close, the Sensex plummeted by 609.28 points or 0.82% to 73,730.16, while the Nifty fell by 150.30 points or 0.67% to 22,420.
At the time of writing, the broader market showed resilience, with the BSE MidCap index gaining 0.73% and the BSE SmallCap index rising by 0.89%.
U.S. West Texas Intermediate crude futures increased by 33 cents, or 0.39%, to $83.90 a barrel, while Brent crude futures gained 34 cents, or 0.38%, to $89.35 a barrel.
The Bank of Japan maintained its target range for short-term interest rates at 0-0.1% and forecasted inflation to remain at 2% for the following three years.
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