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  1. Kenrik Industries IPO subscribed 1.73 times so far on day 3; here's how to check allotment status online

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Kenrik Industries IPO subscribed 1.73 times so far on day 3; here's how to check allotment status online

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2 min read | Updated on May 06, 2025, 13:39 IST

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SUMMARY

Kenrik Industries IPO allotment will be finalised on Wednesday, May 7. The bid finalisation details will be available on the websites of BSE and Skyline Financial Services.

Kenrik Industries designs and distributes traditional Indian jewellery studded with precious and semi-precious stones.

Kenrik Industries designs and distributes traditional Indian jewellery studded with precious and semi-precious stones. | Image: Shutterstock

Kenrik Industries IPO has been subscribed 1.73 times so far on Tuesday, May 6, the final day of bidding.

The part reserved for retail investors has been subscribed 3.26 times, while non-institutional investors (NIIs) portion has been booked 19%.

The ₹8.75 crore initial public offering is a pure fresh issuance of 34.98 lakh equity shares. There is no offer for sale component.

Funds to the tune of ₹6.56 crore will be used to meet working capital requirements and ₹1.80 crore for general corporate purposes.

It is a fixed-price issue at ₹25 per share. Retail investors can apply for a minimum of one lot, consisting of 6,000 shares worth ₹1,50,000. For high-net-worth individuals, the minimum investment is ₹3,00,000.

Kenrik Industries IPO allotment will be finalised on Wednesday, May 7. The bid finalisation details will be available on the websites of BSE and Skyline Financial Services.

How to check Kenrik Industries IPO allotment status online on BSE

  • Go to BSE IPO allotment status by clicking this link: https://bseindia.com/investors/appli_check.aspx.
  • Keep the issue type as 'Equity'
  • From the ‘Issue Name’ dropdown menu, select 'Kenrik Industries Limited'
  • Fill in details like PAN details or IPO application number
  • Complete the ‘I’m not a robot’ verification and click on the ‘Search’ button

How to check Kenrik Industries IPO allotment status online on Skyline Financial Services

Kenrik Industries designs and distributes traditional Indian jewellery studded with precious and semi-precious stones. Its portfolio includes rings, armlets, pendants, earrings, nose rings, chains, necklaces, bracelets, bangles, luxury items, watches, and wedding jewellery.

The net profit was ₹1.08 crore in the financial year 2023-24, compared to ₹0.47 crore in FY23. Its revenue from operations in FY24 stood at ₹70.97 crore, as against ₹52.04 crore in the previous fiscal year.

To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
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