JNK India’s IPO will hit the market on April 23, 2024, and close on April 25, 2024. The JNK India IPO GMP Kostak rate and subject to sauda updated as of today. The JNK India IPO Grey Market Premium has started, with low premium rates we need to wait for the rates to change with the market sentiment in a few days or to stabilize the rates. You can check JNK India IPO subscription status here.
JNK India Limited is engaged in designing, manufacturing, supplying, installing, and commissioning process-fired heaters, reformers, and cracking furnaces. The company has completed projects in Andhra Pradesh, Assam, Bihar, Karnataka, Kerala, Maharashtra, Tamil Nadu, and West Bengal and has implemented projects globally, including in Nigeria and Mexico.
JNK India IPO Issue size of ₹649.47 Crores, in which Fresh Issue of ₹300.00 Crores and Offer For Sale of ₹349.47 Crores and issue price band has been fixed at ₹395 to ₹415 Per Share. The JNK India IPO is to be listed on April 30, 2024, on NSE and BSE.
What is JNK India IPO GMP Today?
■ The JNK India IPO GMP Today Or Grey Market Premium is ₹115-₹118.
What is JNK India IPO Kostak Rates Today?
■ The JNK India IPO Kostak rate is ₹0.
What is JNK India IPO Subject to Sauda Price Today?
■ The JNK India IPO Subject to Sauda rates is ₹3200.
JNK India IPO Approximately Returns?
■ The JNK India IPO’s approximate return is 25%-30%, and it can also change according to the Market Sentiment.
JNK India IPO GMP Live, Kostak, & Subject :
| Date | GMP | Kostak | Subject |
| 30 Apr 2024 | List:₹621.00 Gain:49.64% | ₹0 | ₹3200 |
| 29 Apr 2024 | ₹115-₹118  | ₹0 | ₹3200 |
| 28 Apr 2024 | ₹115-₹118 | ₹0 | ₹3200 |
| 27 Apr 2024 | ₹115-₹118  | ₹0 | ₹3200 |
| 26 Apr 2024 | ₹84-₹85 | ₹0 | ₹2500 |
| 25 Apr 2024 | ₹84-₹85 | ₹0 | ₹2500 |
| 24 Apr 2024 | ₹24-₹25 | ₹0 | ₹700 |
| 23 Apr 2024 | ₹24-₹25 | ₹0 | ₹700 |
| 22 Apr 2024 | ₹14-₹15 | ₹0 | ₹500 |
| 21 Apr 2024 | ₹0-₹0 | ₹0 | ₹0 |
| 20 Apr 2024 | ₹0-₹0 | ₹0 | ₹0 |
| 19 Apr 2024 | ₹0-₹0 | ₹0 | ₹0 |
| 18 Apr 2024 | ₹0-₹0 | ₹0 | ₹0 |
| 17 Apr 2024 | ₹0-₹0 | ₹0 | ₹0 |
IPO GMP Facts :
- The GMP is usually higher for IPOs of well-known companies with strong fundamentals.
- The GMP is also likely to be higher for IPOs that are heavily subscribed.
- It is important to do your own research before investing in an IPO, regardless of the GMP.
- The IPO GMP is estimated, considering market volatility, limited historical data, underwriting conditions, legal risks, and potential dilution.
IPO GMP Disclaimer :
- GMP is not an indicator of the final listing price: The GMP is just a reflection of the demand and supply of the IPO shares in the grey market. The final listing price will depend on a number of factors, including the overall market sentiment and the performance of the company in the post-IPO period.
- The GMP can be volatile: The GMP can fluctuate significantly in the days leading up to the IPO listing. This is due to the uncertainty surrounding the final listing price and the volatility of the stock market in general.
- There is no guarantee of profit: Even if the GMP is high, there is no guarantee that the IPO shares will list at a profit. The final listing price could be lower than the GMP, or the shares could even decline in value after listing.
- Investing in IPOs carries risks: IPOs are considered to be high-risk investments. There is always the possibility that the company could fail, or that the shares could be diluted in the future.
- Risk Factors: Identify and articulate the key risk factors that could impact the IPO GMP and subsequent trading of the company’s shares. These may include industry-specific risks, regulatory uncertainties, economic downturns, and competitive pressures.
| JNK India IPO Details: Click Here JNK India IPO Subscription: Click Here JNK India IPO Allotment: Click Here JNK India IPO Listing: Click Here |
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