April 23, 2024 - April 25, 2024

JNK India IPO Review & Recommendations

Anand Rathi, Arihant Capital Markets Ltd, BP Equities (BP Wealth), Choice Equity Broking Pvt Ltd, Dilip Davda, InCred Equities, Indsec Securities, Nirmal Bang, Reliance Securities, SMIFS Limited, Sushil Finance Ltd, Swastika Investmart Ltd and Ventura Securities Limited have given "Apply" recommendation to JNK India IPO. Capital Market has given "May Apply" recommendation to JNK India IPO.

JNK India IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	13	1	0	0	0
%	92.86	7.14	0.00	0.00	0.00

JNK India IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Anand Rathi	Apply
Arihant Capital Markets Ltd	Apply
BP Equities (BP Wealth)	Apply
Capital Market	May Apply
Choice Equity Broking Pvt Ltd	Apply
Dilip Davda	Apply
InCred Equities	Apply
Indsec Securities	Apply
Nirmal Bang	Apply
Reliance Securities	Apply
SMIFS Limited	Apply
Sushil Finance Ltd	Apply
Swastika Investmart Ltd	Apply
Ventura Securities Limited	Apply

JNK India IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for JNK India IPO is 45. Their analysis recommends May subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	45	May subscribe

JNK India IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company has created a niche place in Heating Equipment segment and has been posting growth in its top and bottom lines for the reported periods. It has an order book worth Rs. 845 cr. as of December 31, 2023, that indicates the future prospects. Based on FY24 annualized earnings, the issue appears reasonably priced. Investors may park funds for the medium to long term rewards in this dividend paying company. Read detail review...

JNK India IPO Peer Comparison

JNK India Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
JNK India Limited	9.66	9.51	25.45		47.71		Consolidated
Thermax Ltd.	39.98	39.98	343.67	112.90	12.24	7.74	Consolidated
Bharat Heavy Electricals Ltd.	1.37	1.37	77.05	186.02	1.79	3.31	Consolidated

Source: All the financial information for listed industry peers mentioned above is on a consolidated basis and is sourced from the annual reports / annual results, investor presentations, and conference call transcripts as available of the respective company for the financial year ended March 31, 2023, submitted to stock exchanges and posted on their websites.

Notes for listed peers:

Basic EPS and Diluted EPS refers to the EPS and Diluted EPS sourced from the respective company's financial statements.
P/E Ratio has been computed based on the closing market price of equity shares on April 5, 2024, on BSE divided by the Diluted EPS provided
Return on net worth is computed as total profit/ (loss) attributable to equity holders of the parent for the year divided by Average net worth attributable to equity shareholders of the parent (excluding non-controlling interest) as of March 31, 2023. Average of the total equity attributable to the equity shareholders of our Company at the beginning and end of the year
Net asset value per share is calculated by dividing net worth (excluding non-controlling interest) by the number of equity shares outstanding as of March 31, 2023

JNK India IPO Review by Members

JNK India IPO Reviews, analysis and views by popular members. Read JNK India Limited IPO reviews by retail investors to find recommended ipo to buy.

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JNK India IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	3	0	2	0
%	60.00	0.00	40.00	0.00

Member	Review
N.G.	Neutral Bhai Sara Khel hi GMP ka hai \| April 25, 2024 1:56:59 PM
IPO Hawk	Apply for Long Term at Cut-off Price JNK India's IPO is heating up the primary market with its strong position and diverse offerings. With an impressive order book and expanding into global markets, JNK shows potential for long-term growth. Experts at Arihant Capital and Nirmal Bang give it a thumbs up, citing its solid revenue growth and strategic positioning. Don't miss out – Subscribe for a sizzling opportunity! \| April 23, 2024 4:40:40 PM
parmod gupta Top Contributor (300+ Posts, 300+ Likes)	Apply for Listing Gain at Cut-off Price Must apply for listing gain as well as long term gain \| April 22, 2024 10:04:47 PM
Confusing Markets. Top Contributor (200+ Posts, 100+ Likes)	Neutral Data appears manipulated. If you compare FY 23 with 9 months of FY 24 Revenue has gone down by 17% but profits have gor up by 133%. This might have been done to jackup the valuation There is no justification of bringing ,Rs.2FV share @415 Pure Loot. You may get some listing gain subject to market conditions. \| April 19, 2024 7:31:09 AM
Bitoo	Apply for Long Term at Upper Price Band category leader \| April 17, 2024 9:52:10 AM

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