Jinkushal Industries IPO allotment: Steps to Check on BSE, NSE, and Bigshare Services

Jinkushal Industries Ltd. will finalise the basis of share allotment for its ₹116.15 crore initial public offering (IPO) on Tuesday, September 30, after receiving strong demand from investors.

The IPO comprised a fresh issue worth ₹104.54 crore and an Offer for Sale (OFS) of ₹11.61 crore.

The issue was open for subscription between September 25 and 29 and recorded a robust 65 times subscription, with investors applying for 43.75 crore shares against the 67.21 lakh shares on offer.

The institutional segment drove demand, with the QIB quota subscribed 35.66 times, followed by Non-Institutional Investors (NIIs) at 146.4 times, while the retail portion was subscribed 47 times. The price band for the issue was fixed at ₹115–₹121 per share.

How to check IPO allotment status

On BSE:

1. Visit the BSE allotment page.

2. Select ‘Equity’ under issue type.

3. Choose ‘Jinkushal Industries’ from the dropdown.

4. Enter your Application Number or PAN.

5. Click ‘Search’ to view allotment details.

On Bigshare Services Private Limited:

Visit https://www.bigshareonline.com/ipo_allotment.html.

Select the relevant link.

Choose ‘Jinkushal Industries’ from the dropdown.

Enter your PAN, Application Number, or DP/Client ID to check status.

On NSE:

Investors can also verify allotment status on the NSE website by entering their PAN and application number.

Refunds to non-allottees and the credit of shares to successful bidders’ demat accounts will be completed on October 1, while shares of Jinkushal Industries are scheduled to be listed on the stock exchanges on October 3.

About the Company

Headquartered in Chhattisgarh, Jinkushal Industries is engaged in export trading of new, customised, and refurbished construction machinery for international markets. Its portfolio includes hydraulic excavators, backhoe loaders, motor graders, wheel loaders, soil compactors, bulldozers, cranes, and asphalt pavers.

The company has supplied more than 1,500 construction machines globally, comprising over 900 new (customised or accessorised) machines and 600+ used or refurbished units.