JNK India IPO Subscription Status
JNK India IPO was subscribed 28.46 times when bidding closed on 25 Apr 2024: QIB 74.39x, NII 23.8x, Retail 4.21x.
The JNK India IPO has been subscribed 28.46x times overall. Retail investors have shown interest with bids for 4.21x the shares available. The Non-Institutional Investor (NII) category has been subscribed 23.8x. Within NII, Big HNI (B-HNI) subscribed 27.73x and Small HNI (S-HNI) subscribed 15.94x. Qualified Institutional Buyers (QIBs) have subscribed 74.39x. Data last updated on 10 Nov, 06:38 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 23 Apr, 2024 and closes on 25 Apr, 2024. The shares are expected to list on stock exchanges on 30 Apr, 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 74.39x |
| NII | - of - - | 23.8x |
bHNI — bid amount above ₹10 Lakh |
- - | 27.73 |
sHNI — bid amount ₹2–10 Lakh |
- - | 15.94 |
| Retail | - of - - | 4.21x |
| TOTAL | - - | 28.46x |
JNK India IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 23.8% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 74.39x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
25 Apr 2024
Day 3 |
28.46x | ▼ | |
|
QIB74.39x
BHNI27.73x
SHNI15.94x
Retail4.21x
|
|||
|
24 Apr 2024
Day 2 |
1.03x | ▼ | |
|
QIB0.68x
BHNI1.07x
SHNI1.61x
Retail1.13x
|
|||
|
23 Apr 2024
Day 1 |
0.48x | ▼ | |
|
QIB0.67x
BHNI0.15x
SHNI0.42x
Retail0.47x
|
|||
JNK India IPO dates
From the bidding window to listing. Today is 11 November.
- Open 23 Apr 2024
- Close 25 Apr 2024
- Allotment 26 Apr 2024
- Refund/credit 29 Apr 2024
- Listing 30 Apr 2024
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of JNK India IPO?
As of IPO close date (25 Apr, 2024), the JNK India IPO is subscribed 28.46x times. Retail category is 4.21x, and NII is 23.8x subscribed.
When is the allotment date for JNK India IPO?
The allotment for JNK India IPO is expected to be finalized on 26 April, 2024.
What is the GMP of JNK India?
The Grey Market Premium (GMP) for JNK India is currently ₹105, indicating a potential listing gain of 25%.
When will JNK India IPO list on the stock market?
JNK India is scheduled to list on BSE and NSE on 30 April, 2024.
What are the chances of getting allotment in JNK India IPO?
The retail category is oversubscribed at 4.21x, meaning allotment is by lottery. Statistically, approximately 1 in 5 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 74.39x mean for JNK India IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 74.39x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check JNK India IPO allotment status?
After the allotment date (26 Apr, 2024), you can check your JNK India IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore JNK India IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
