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JNK India IPO allotment – How to check allotment, GMP, listing date and more

JNK India IPO allotment – How to check allotment, GMP, listing date and more
Stock Market2 min read
  • JNK India is expected to announce its share allotment status on Friday, April 26.
  • The shares of JNK India were subscribed 28.06 times.
  • The shares are expected to be listed on the stock exchanges on April 30.
Thane-based JNK India Limited, which designs, manufactures and installs process-fired heaters, reformers and cracking furnaces, is expected to announce the allotment status of its initial public offering (IPO) on Friday, April 26.

The JNK India IPO opened on April 23 and closed on April 25. The price band for the IPO was ₹395 to ₹415 per share.
JNK India IPO subscription
The IPO of JNK India Limited was fully subscribed on the second day of bidding led by NII and Retail. On the last day, the JNK India IPO was subscribed 28.06 times, receiving bids for 31.11 crore equity shares against 1.12 crore shares on offer.

While the qualified institutional buyer portion was subscribed 75.72 times, the non-institutional investors portion was subscribed 23.19 times. The retail portion also witnessed decent participation and was subscribed 4.01 times.
JNK India IPO Grey market premium
The shares of JNK India are currently commanding a grey market premium (GMP) of ₹25 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.
Here’s how to check the JNK India IPO allotment status
You can check the allotment status on the registrar’s website.

  • To check the JNK India IPO allotment status, visit the registrar’s website here.
  • Click on ‘Select Company’ and then select ‘JNK India’.
  • Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
  • Click on submit.
You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the JNK India IPO allotment status on the BSE and NSE websites.

To check the allotment status on the BSE or NSE website:

  • Go to the BSE website.
  • On the website, click on 'Equity' and then select ‘JNK India’ from the dropdown menu.
  • Now, enter your application number and PAN.
  • Click on 'Search'.
You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.
JNK India IPO listing date
The shares of JNK India will be listed on the stock exchanges on April 30.

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