Jay Kailash Namkeen IPO Allotment: The allotment of Jay Kailash Namkeen’s initial public offering (IPO) is likely to be out today (April 4). The IPO opened for subscription on March 28 and closed on April 3. The price band of the issue was in the range of ₹70 to ₹73 per share, with a face value of ₹10 each and investors could big in lots of 1600 shares.
For those who have invested in the IPO, you can check the IPO allotment status on the BSE platform or the website of IPO’s registrar which is Skyline Financial Services.
The grey market premium for Jay Kailash Namkeen IPO is ₹20. The IPO was oversubscribed by 8.26 times with 55.14 lakh shares bid against 1.35 crore offered on the third day of bidding. For the retail segment subscription was at 13.72 times, while QIB and NII categories were subscribed 1.50 and 5.48 times, respectively.
Source link
