JNK india Listis at 50% premium above its IPO offer price.

On the NSE, the stock listed on April 30th, 2024, at ₹621 per share, representing a premium of 49.64%. The current market price of JNK India Ltd is ₹668.45 on the NSE, which is 61.07% above the IPO price. The company's mkt cap. on tuesday was 3848.97 crore at close on tuesday. The IPO consisted of a fresh issue of 300 crore and an offer for sale of 349.47 crores. The JNK India IPO was heavily oversubscribed, indicating strong investor demand. The overall subscription was 28.13 times, with the QIB portion subscribed a whopping 75.72 times. The strong listing and current market price suggest positive market sentiment towards JNK India.