Jay Kailash Namkeen IPO: Check Allotment Status and GMP Online

Investors eagerly await the allotment status of Jay Kailash Namkeen’s initial public offering (IPO), which is expected to be announced on April 4. The IPO, which commenced on March 28 and concluded on April 3, garnered significant attention from investors. Here’s a comprehensive guide on how to check the IPO allotment status online, along with the latest Grey Market Premium (GMP) updates.

Checking IPO Allotment Status

Investors who have subscribed to the Jay Kailash Namkeen IPO can check their allotment status through two primary channels: the Bombay Stock Exchange (BSE) platform and the website of the IPO’s registrar, Skyline Financial Services. Follow these steps to check the status:

Checking on BSE

Visit the BSE website and select ‘Equity’ under the Issue Type. Choose ‘Jay Kailash Namkeen Limited’ from the drop-down menu. Enter either the Application Number or PAN. Complete the captcha verification and click ‘Submit’ to view the allotment status.

Checking on Skyline Financial Services’ Website

Visit the website of Skyline Financial Services. Select ‘Jay Kailash Namkeen’ from the Select Company dropdown menu. Choose the appropriate identification method (PAN, Application Number, DP/Client ID, or Account No/IFSC) and enter the relevant details. Click ‘Submit’ to access the allotment status on the screen.

Grey Market Premium (GMP) Updates

The Grey Market Premium for the Jay Kailash Namkeen IPO stands at ₹20. This indicates the premium at which the IPO shares are trading in the unofficial market. The IPO witnessed robust demand from investors, with an oversubscription rate of 8.26 times. Retail investors showed particular interest, subscribing at a rate of 13.72 times, while Qualified Institutional Buyers (QIB) and Non-Institutional Investors (NII) subscribed at rates of 1.50 and 5.48 times, respectively.

As investors eagerly anticipate the allotment status of the Jay Kailash Namkeen IPO, they can utilize online platforms provided by BSE and Skyline Financial Services to check their status conveniently. The significant oversubscription and positive Grey Market Premium reflect strong investor interest in the IPO, highlighting the confidence in Jay Kailash Namkeen’s growth prospects. Stay updated with the latest developments in the IPO market for informed investment decisions.

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Saiba Verma, an accomplished editor with a focus on finance and market trends, contributes to Atom News with a dedication to providing insightful and accurate business news. Saiba Verma analytical approach adds depth to our coverage, keeping our audience well-informed.