JNK India IPO details: The Rs 649.5-crore initial public offer (IPO) was off to a slow start on Tuesday. Till 1:30 PM, the issue was subscribed 18 percent, led mainly by retail investors (31 per cent subscription).
The portion reserved for non-institutional investors (NII) was subscribed 8 percent, while the portion reserved for QIBs has not received any bids so far.
JNK India Subscription: Should you apply?
Swastika Investmart | Subscribe
JNK India has done well during the previous three fiscal years. The business has carved out a niche for itself in the heating equipment category and has seen growth in both its top and bottom lines over the periods under review.
As of December 31, 2023, it had an order book valued at Rs 845 crore. The IPO valuation of 43x P/E appears fairly priced. Read more
SWASTIKA INVESTMART LTD. 2024 All rights reserved. | Sitemap
SEBI Reg. No. : NSE/BSE/MSEI/MCX/NCDEX: INZ000192732
Merchant Banking : INM000012102
Investment Adviser: INA000009843
CDSL/NSDL : IN-DP-115-2015
RBI Reg. No. : B-03-00174
IRDA Reg. No. : 713
NCDEX : 00844
Online Dispute Resolution : ODR
Issued in the interest of investors: Prevent Unauthorised transactions in your trading and Demat account. Update your mobile numbers/email IDs with Swastika Investmart Ltd.. Receive alerts and information of all debit and other important transactions in your trading and Demat account directly from Exchange/Depository on your mobile/email at the end of the day. KYC is a onetime 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. For any grievances or queries related to Swastika Investmart Ltd., please drop an email at compliance@swastika.co.in. To see the investor charter : NSDL- https://nsdl.co.in/publications/investor_charter.php, CDSL- https://www.cdslindia.com/Investors/InvestorCharter.html , NSDL- report-mktmanipulation@nsdl.com . You can also register your complaint with NSE - https://investorhelpline.nseindia.com/NICEPLUS/, BSE - is@bseindia.com, MCX - grievance@mcxindia.com, NCDEX - ig@ncdex.com, SEBI - https://scores.sebi.gov.in/scores/Welcome.html. Benefits of SEBI SCORES - effective communication, speedy redressal of the grievances.“
Attention Investors
.......... Issued in the interest of Investors"
Note: Standard warning- “Investment in securities market are subject to market risks, read all the related documents carefully before investing"
RISK DISCLOSURES ON DERIVATIVES.
Source: SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.
Free market recommendation on our official telegram channel
Just Select & Click as per your requirement :-