Mumbai, October 1 (Market News) – The allotment of shares for Jinkushal Industries Limited’s Initial Public Offering (IPO) has been finalised on Tuesday, September 30, after witnessing a strong response from investors during the subscription period.
IPO Details
- Price Band: ₹115 – ₹121 per share
- Issue Size: ₹116.15 crore
- Fresh Issue: ₹104.54 crore
- Offer for Sale (OFS): ₹11.61 crore by promoters Anil Kumar Jain, Sandhya Jain, and Abhinav Jain
The robust participation from investors highlights the growing interest in the company’s public debut.
Allotment Status – How to Check Online
Investors can now check their IPO allotment status through multiple official platforms:
- Registrar Website: Bigshare Services
- NSE (National Stock Exchange)
- BSE (Bombay Stock Exchange)
These portals provide real-time updates on allotment, enabling investors to confirm the number of shares allocated to them.
Listing Date and Time
Following the finalisation of allotments, Jinkushal Industries shares are set to be listed shortly on the stock exchanges. The official listing date and time will be updated by the exchanges and communicated through the registrar.
Market Buzz
The IPO generated significant interest from both retail and institutional investors, underlining confidence in the company’s growth trajectory and sector outlook. Analysts believe the upcoming listing could see healthy activity given the strong subscription response.
