Today, on Friday, April 26, the allotment of shares for the JNK India IPO will be finalized. Investors who applied for the issue can check their allotment status on the JNK India IPO registrar portal, managed by Link Intime India Private Ltd. The IPO subscription period commenced on Tuesday, April 23, and concluded on Thursday, April 25.
The JNK India IPO garnered significant interest from investors, with the subscription status reaching 28.13 times on the final day of the bidding process, largely driven by QIBs and NIIs.
How to check allotment
Step 1
Visit allotment page on BSE’s/NSE’s official website- JNK India IPO allotment status check online.
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Step 2
Under ‘Issue Type’, select ‘Equity’.
Step 3
Choose the IPO from the drop-down option under ‘Issue Name’.
Step 4
Enter PAN or application number.
Step 5
Click ‘I am not a Robot’ to confirm your identity, then click the ‘Submit’ button.
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What’s the Grey Market Premium ahead of Listing
Investors who applied for the JNK India IPO can conveniently check their allotment status on the website of the IPO registrar, Link Intime India Private Ltd., by following a few simple steps outlined on the portal.
Additionally, the grey market premium (GMP) for the JNK India IPO is currently at +85, indicating a premium of Rs 85 in the grey market, according to investorgain.com. Analysts predict a listing price of Rs 500 per share, which is approximately 20.48% higher than the IPO price of Rs 415.
Today’s GMP suggests positive anticipation for a strong listing, based on recent activity in the grey market. According to analysts at investorgain.com, the GMP ranges between Rs 0 and Rs 85, reflecting high expectations for a robust listing.
