JNK India Ltd sets a price band of Rs 395-415/share for its Rs 650-crore IPO, opening on April 23 and closing on April 25.
Heating equipment maker JNK India Ltd sets a price band of Rs 395-415/share for its Rs 650-crore IPO, opening on April 23 and closing on April 25. The IPO comprises a fresh share issue of up to Rs 300 crore and an offer-for-sale (OFS) of up to 84.21 lakh equity shares by promoters and an existing shareholder. The company plans to use proceeds from the fresh issue for funding working capital requirements and general corporate purposes.
April 18, 2024
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