JNK India IPO
Process Equipment/Oil & Gas - Listed on 30 April 2024
JNK India IPO listing summary
JNK India (Process Equipment/Oil & Gas) closed its IPO window in 2024 and listed on NSE and BSE on 30 April 2024 at an upper band issue price of Rs 415, opening at Rs 621 for a listing gain of +49.6% and closing day one at Rs 694.55 (+67.4% on closing basis). The IPO was subscribed 28.04x overall - QIB 75.72x, HNI/NII 23.18x, Retail 3.96x. The total issue size was Rs 649.47 Cr (Fresh Issue Rs 300 Cr, OFS Rs 349.47 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
JNK India IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 20 | +25.30% |
| Day 2 | Rs 20 | +22.89% |
| Day 3 | Rs 20 | +15.66% |
| Day 4 | Rs 25 | +6.02% |
| Day 5 | Rs 25 | +6.02% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the JNK India IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
JNK India IPO - FAQs
What was the listing gain of JNK India IPO?
JNK India IPO listed at +49.6% versus the upper issue price of Rs 415 on 30 April 2024.
How many times was JNK India IPO subscribed?
JNK India IPO was subscribed 28.04x overall. QIB portion was subscribed 75.72x, HNI / NII 23.18x and Retail 3.96x.
What was the IPO GMP for JNK India?
IPO GMP started at Rs 20 on Day 1 and moved to Rs 25 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.