J Pan Tubular Components Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | Not more than 50% of the Net Issue | — | — |
| NII (HNI) | — | Not less than 15% of the Net Offer | — | — |
| Retail | — | Not less than 35% of the Net Offer | — | — |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
Lot size or price band not yet announced.
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 470 | 390 | 303 |
| EBITDA | 40 | 39 | 21 |
| Profit After Tax | 18 | 20 | 9 |
| Net Worth | 94 | 78 | 55 |
| Total Assets | 250 | 188 | 150 |
| Reserves & Surplus | 79 | 62 | 52 |
| Total Borrowing | 97 | 70 | 50 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding the Capital Expenditure requirements towards expansion of the Sanand Facility at Sanand, Gujarat – 42.69
- Funding the Capital Expenditure requirements towards setting up of a new manufacturing facility at Sri City, Andhra Pradesh – 20.50
- Repayment and/or pre-payment, in full or in part, of borrowing availed by the Company – 35.00
- General corporate purposes –
Company Overview
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
- Specialized manufacturer of HVAC, refrigerator, VRV, and precision brass components.
- Advanced manufacturing infrastructure with integrated brass processing and machining capabilities.
- Long-standing relationships with leading OEM customers and suppliers.
- Diversified product portfolio serving multiple industrial sectors.
- Experienced promoters and management team with strong engineering and manufacturing expertise.