JNK India IPO opens today: GMP, review, price, other details. Apply or not?

livemint.com:

JNK India IPO: The initial public offering (IPO) of JNK India Limited has hit the Indian primary market today. The mainboard public issue will remain open till 25th April 2024. The company has fixed the JNK India IPO price band at ₹395 to ₹415 per equity share.

The company aims to raise ₹649.47 crore from its public offer out of which ₹300 crore is aimed through the issuance of fresh shares. Rest 349.47 crore is reserved for the OFS (Offer for Sale). According to stock market observers, shares of JNK India Limited are available for trade in the grey market today.

They said that JNK India shares are trading at a premium of ₹15 in the grey market today. 1] JNK India IPO GMP: Shares of the company are available at a premium of ₹15 in the grey market today, say market observers. 2] JNK India IPO price: The company has fixed the price band of this public issue at ₹395 to ₹415 per equity share.

3] JNK India IPO date: The mainboard issue has opened today and will remain open till 25th April 2024. 4] JNK India IPO size: The company aims to raise ₹349.47 crore from its initial offer out of which ₹300 crore is aimed through the issuance of fresh shares. 5] JNK India IPO lot size: A bidder will be able to apply in lots and one lot of the book build issue comprises 36 company shares.

6] JNK India IPO allotment date: The most likely JNK India IPO allotment date is 26th April 2024. 7] JNK India IPO registrar: Link Intime India Private Limited has been appointed as the official registrar of JNK India IPO. 8] JNK India IPO listing: The book build issue is proposed for listing on BSE and NSE.