Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
J Pan Tubular Components Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on July 10, 2026 to raise funds through Initial Public Offer (IPO).
J Pan Tubular Components Ltd. IPO is a Book Build Issue of 0.52 crore equity shares consisting of a fresh issue of upto 0.49 crore equity shares and an offer for sale (OFS) of upto 0.03 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Hem Securities Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to J Pan Tubular Components IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 51,80,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 49,20,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 2,60,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,57,87,285 shares |
| Share Holding Post Issue | 2,07,07,285 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Jul 10, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Incorporated in May 2007, J Pan Tubular Components Limited is a manufacturer of tubular, forged, and precision-machined components catering to Original Equipment Manufacturers (OEMs) across industries such as HVAC, refrigeration, electrical equipment, tubing and fittings, metal manufacturing, energy, testing and calibration, and plastic and rubber. The company manufactures a wide range of HVAC components, refrigerator components, Variable Refrigerant Volume (VRV) components, and brass components using copper, brass, and aluminium, supplying leading customers including LG Electronics, Haier, Daikin, Bosch Home Comfort, and Ecofrost Technologies.
The company operates advanced manufacturing facilities equipped with integrated brass processing, forging, machining, fabrication, and product development capabilities, enabling it to manufacture customized components as per customer specifications. Its diversified product portfolio supports critical applications such as heat exchangers, refrigerant circuits, air-conditioning systems, refrigeration equipment, and industrial fluid management systems while maintaining high standards of quality and operational efficiency.
As of March 31, 2026, the company employed 393 permanent personnel across production, quality, maintenance, material management, product development, finance, HR, IT, and management functions.
Strengths
J Pan Tubular Components Ltd.'s revenue increased by 20% and profit after tax (PAT) dropped by 14% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 249.88 | 187.66 | 150.25 |
| Total Income | 469.58 | 390.45 | 302.56 |
| Profit After Tax | 17.56 | 20.48 | 8.57 |
| EBITDA | 39.79 | 39.23 | 20.56 |
| NET Worth | 94.34 | 77.72 | 54.84 |
| Reserves and Surplus | 78.56 | 61.93 | 51.82 |
| Total Borrowing | 96.55 | 70.34 | 50.15 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Omnitech Engineering Ltd. | Mainboard | ₹583.00 Cr | ₹227 | 54.47 | ₹204.93 | -9.72% | ₹550.75 (+0.21%) |
| Epack Prefab Technologies Ltd. | Mainboard | ₹504.00 Cr | ₹204 | 29.49 | ₹190.66 | -6.54% | ₹275.75 (-0.50%) |
| Aditya Infotech Ltd. | Mainboard | ₹1,300.00 Cr | ₹675 | 21.09 | ₹1,082.65 | +60.39% | ₹3,622.80 (-0.58%) |
| Merritronix Ltd. | SME | ₹70.03 Cr | ₹149 | 11.83 | ₹297.25 | +99.50% | ₹380.40 (-2.40%) |
| Adisoft Technologies Ltd. | SME | ₹74.10 Cr | ₹172 | 12.82 | ₹215.25 | +25.15% | ₹198.15 (+0.87%) |
| Highness Microelectronics Ltd. | SME | ₹21.67 Cr | ₹120 | 16.7 | ₹129.75 | +8.12% | ₹190.00 (-0.26%) |
| Tipco Engineering India Ltd. | SME | ₹60.55 Cr | ₹89 | 8.73 | ₹84.79 | -4.73% | ₹181.55 (-1.41%) |
| Gabion Technologies India Ltd. | SME | ₹29.16 Cr | ₹81 | 12.18 | ₹93.41 | +15.32% | ₹87.87 (+12.65%) |
| Admach Systems Ltd. | SME | ₹42.60 Cr | ₹239 | 19.56 | ₹200.75 | -16.00% | ₹340.65 (+2.56%) |
| Apollo Techno Industries Ltd. | SME | ₹47.96 Cr | ₹130 | 9.43 | ₹151.95 | +16.88% | ₹80.99 (-0.25%) |
| HRS Aluglaze Ltd. | SME | ₹50.92 Cr | ₹96 | 26.07 | ₹132.30 | +37.81% | ₹245.25 (+0.14%) |
| Purple Wave Infocom Ltd. | SME | ₹31.45 Cr | ₹126 | 9.33 | ₹130.50 | +3.57% | ₹110.00 (+0.00%) |
| Shining Tools Ltd. | SME | ₹17.10 Cr | ₹114 | 16.18 | ₹98.80 | -13.33% | ₹82.65 (-5.00%) |
| True Colors Ltd. | SME | ₹127.96 Cr | ₹191 | 14.66 | ₹183.05 | -4.16% | ₹157.35 (-3.58%) |
| L.T.Elevator Ltd. | SME | ₹39.37 Cr | ₹78 | 12.31 | ₹142.90 | +83.21% | ₹249.00 (-0.40%) |
| Airfloa Rail Technology Ltd. | SME | ₹91.10 Cr | ₹140 | 9.57 | ₹279.30 | +99.50% | ₹315.35 (+5.29%) |
| Taurian MPS Ltd. | SME | ₹42.53 Cr | ₹171 | 11.29 | ₹220.50 | +28.95% | ₹354.70 (-1.54%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the Capital Expenditure requirements towards expansion of the Sanand Facility at Sanand, Gujarat | 42.69 |
| 2 | Funding the Capital Expenditure requirements towards setting up of a new manufacturing facility at Sri City, Andhra Pradesh | 20.50 |
| 3 | Repayment and/or pre-payment, in full or in part, of borrowing availed by the Company | 35.00 |
| 4 | General corporate purposes | |
| Total | 98.18 |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 20.41% |
| ROCE | 16.13% |
| Debt/Equity | 1.02 |
| RoNW | 18.61% |
| PAT Margin | 3.75% |
| EBITDA Margin | 8.50% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 11.12 | 8.48 |
| Promoter Holding | 99.99% |
The financial information for the year ended March 31, 2025 is based on Consolidated Financial Statements, whereas the financial information for the years ended March 31, 2026 and March 31, 2024 is based on Standalone Financial Statements.
Lead Manager Reports
J Pan Tubular Components IPO is a main-board IPO of 51,80,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The J Pan Tubular Components IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in J Pan Tubular Components IPO using UPI as a payment gateway. Zerodha customers can apply in J Pan Tubular Components IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in J Pan Tubular Components IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The J Pan Tubular Components IPO dates are not announced. Please check back again after some time.
J Pan Tubular Components IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in J Pan Tubular Components IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for J Pan Tubular Components IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the J Pan Tubular Components IPO allotment status.
The J Pan Tubular Components IPO listing date is not yet announced. The tentative date of listing is .
