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JNK India makes stellar debut; lists with 49.40% premium on the BSE

30 Apr 2024 Evaluate

JNK India has debuted at Rs 620.00 on the BSE, up by 205 points or 49.40% from its issue price of Rs 415.00.

The scrip is currently trading at Rs 676.85, up by 261.85 points or 63.10% from its issue price. It has touched a high and low of Rs 709.85 and Rs 620.00 respectively. So far 9.68 lakh shares were traded on the counter.

The offering, which was open for subscription between April 23, 2024 and April 25, 2024 was subscribed 28.13 times. The issue price was fixed at Rs 415 per share i.e. at upper end of price band of Rs 395-415 apiece. 

JNK India is in the business of manufacturing the process fired heaters, reformers and cracking furnaces (together, the ‘Heating Equipment’) that are required in process industries such as for oil and gas refineries, petrochemical and fertilizer industries.


JNK India Share Price

304.00 2.90 (0.96%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BHEL 316.70
Thermax 4141.20
Kirloskar Oil Eng 1616.95
Skipper 433.50
GMM Pfaudler 931.05
View more..

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