JNK India IPO share allotment status expected on April 26: Steps to check share allocation

JNK India IPO shares allotment status is expected to be finalised by the company on Friday, April 26, after successful conclusion of the subscription process.

The initial public offering of the heating equipment maker was subscribed more than 28 times on the third and final day of bidding on April 25. The investors are now keenly awaiting the share allotment by the company. With the vigorous bidding by qualified institutional investors on the last day, stakes have risen for the share allotment.

Successful bidders will be informed through SMS and emails about the share allotment. Investors can also check the JNK India IPO share allotment status on the websites of BSE, NSE and IPO registrar.

Here how to check JNK India IPO share allotment status on BSE website

Step 1. Go to BSE website (https://www.bseindia.com)

Step 2. Click on Investor Relations and go to public issues

Step 3. Click on Application Status (https://www.bseindia.com/investors/appli_check.aspx )

Step 4. Select JNK India from the Dropdown List

Step 5. Enter your application number and PAN details

Step 6. Click to check allotment details

Steps to check JNK India IPO share allotment status on registrar website

• Go to Link Intime India Pvt ltd website (https://www.linkintime.co.in/ )
• Click on Investor Services and select Public Issues
• Select the company JNK India from the dropdown list
• Enter either your PAN, application No, DP/Client ID or Account No / IFSC
• ubmit to check allotment status

Steps to check JNK India IPO share allotment on NSE website

• Go to NSE website (https://www.nseindia.com )
• Login with username and password (Investors need to create username and password on the official website of NSE for checking the status)
• Select JNK India Ltd IPO
• Verify PAN No
• Enter IPO application No
• Click on Submit

JNK India IPO subscription

At the close of bidding on April 25, Thursday, JNK India IPO was booked 28.13 times on the back of robust response from qualified institutional investors and non-institutional investors.

According to exchange data, bids for 31.17 crore shares were garnered in three days of bidding against 1.10 crore equity shares on offer, resulting in oversubscription of 28.13 times.