Jinkushal Industries IPO allotment: How to check status online on NSE, BSE, Bigshare Services; listing date and time here

Jinkushal Industries IPO allotment status is expected to be finalised on Tuesday, September 30, after a robust response from investors during the subscription period. The details will be out on the websites of the NSE, the BSE and the registrar, Bigshare Services.

The initial public offering attracted 65.10 times subscription, as it got bids for 43,75,69,560 shares compared to 67,21,048 shares on offer, as per the NSE data.

The part reserved for non-institutional investors (NIIs) secured a whopping 146.39 times subscription, while the portion meant for retail individual investors was booked 47.10 times. The qualified institutional buyers, or QIBs, category attracted 35.66 times subscription.

With a price band of ₹115 to ₹121 per share, the ₹116.15 crore issue was a mix of a fresh issuance of shares valued at ₹104.54 crore as well as an offer for sale (OFS) of ₹11.61 crore by promoters Anil Kumar Jain, Sandhya Jain and Abhinav Jain.

The money generated will be utilised towards working capital needs and corporate general purposes.

The Chhattisgarh-based company is engaged in the export of new and used or refurbished construction machines in global markets. It specialises in the export of construction machines, including motor graders, backhoe loaders, hydraulic excavators, soil compactors, bulldozers, cranes, wheel loaders, and asphalt pavers.

Jinkushal Industries IPO allotment date and time

The basis of allotment of the Jinkushal Industries IPO is expected to be finalised on Tuesday, September 30, by late evening.

Jinkushal Industries IPO allotment status online on NSE; check full steps

• Head to this URL: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Choose ‘Equity & SME IPO bid details’
• Select 'JKIPL' from the 'Select Symbol' list
• Mention your PAN and application number
• Hit the 'Submit' button

How to check Jinkushal Industries IPO allotment status online on BSE

• Go to the bid verification page of BSE at https://bseindia.com/investors/appli_check.aspx
• Select the 'Equity' option
• Pick 'Jinkushal Industries Ltd' from the issue names
• Add your PAN or application number
• Click on the 'Search' button

Steps to check Jinkushal Industries IPO allotment on Bigshare Services

• On the Bigshare Services Pvt Ltd website, open the IPO status page: www.bigshareonline.com/ipo_Allotment.html
• From three servers available, choose one
• Click on Jinkushal Industries Ltd from the list
• Fill in either your beneficiary ID, application number, or PAN
• Post CAPTCHA verification, click on the ‘Search’ button

Jinkushal Industries IPO listing date and time

Shares of Jinkushal Industries will be listed on the NSE and the BSE on Friday, October 3, at 10 am.

Jinkushal Industries IPO GMP

According to investorgain.com and media reports, Jinkushal Industries' unlisted shares are trading at ₹141 per share, reflecting a grey market premium of 16.53% over the upper price band of ₹121.