The share allotment for Jinkushal Industries IPO will likely be finalised by today, September 30. IPO applicants can check their allotment status on BSE and NSE, as well as the official site of its registrar.
The maiden public issue of the company saw strong investor interest during its three days of public bidding, being subscribed more than 65 times its offer size between September 25 and September 29.
Jinkushal Industries IPO GMP
Ahead of listing, the shares of the company were trading with more than 16 percent grey market premium (GMP) over the IPO price, according to data on Investorgain. While the latest grey market projections hint towards a decent listing, it is lower than the 42 percent GMP earlier quoted by the site.
According to IPO Watch, the unlisted shares of the company were trading with nearly 17 percent GMP over the IPO price.
IPO applicants can check their Jinkushal Industries IPO allotment status on the official website of the registrar, Bigshare Services. The status will also be available on the websites of stock exchanges BSE and NSE.
Jinkushal Industries IPO: How to check allotment status on Bigshare Services?
The shares of the company are scheduled to be listed on stock exchanges on October 3.
Follow all IPO news here.
Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.