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
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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.
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Issue
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Money Payable On
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Opens On
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Closes On
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Application
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Allotment
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23-Apr-24
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25-Apr-24
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(Rs) 415.00
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(Rs) 0.00
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Minimum Application for shares in Nos :
36
Further Multiples of :
36
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Lead Managers to the Issue
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Project Cost (Rs.Cr)
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279.74
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ICICI Securities Ltd
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Project Financed through Current Offer (Rs.Cr)
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649.47
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Post Issue Equity Share Capital (Rs.Cr)
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11.12
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Issue Price (Rs)
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415.00
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