Kenrik Industries IPO Allotment Status: How to Check Your Status and Latest Updates

The bidding for Kenrik Industries Ltd IPO began on April 29, 2025, and ended on May 6, 2025. The basis of allotment will be finalized today, May 7, 2025. If you’re an investor waiting for your allotment status, here’s how you can easily check it on the BSE website.

Steps to Check the Kenrik Industries Ltd IPO Allotment Status on BSE

1. Visit the Application Status Page on the BSE website here.
2. Select the “IPO” option as the issue type.
3. Choose “Kenrik Industries Ltd” from the list of companies.
4. Enter your IPO application number and PAN details.
5. Complete the CAPTCHA by ticking the box that says “I am not a robot.”
6. Click “Submit” to view your share allotment details.

Kenrik Industries IPO: Key Details

• IPO Launch Date: April 29, 2025
• Issue Size: ₹8.75 crores
• Price Per Share: ₹25
• Minimum Lot Size: 6,000 shares (₹1,50,000 minimum investment)
• Expected Listing Date on BSE: May 9, 2025
• Allotment Finalization Date: May 7, 2025
• Refunds Start: May 8, 2025

IPO Subscription Details

The Kenrik Industries IPO was subscribed 1.91 times by the third day of the offer, as per the BSE data. Here’s the breakdown of the subscription:

• Retail Investors: Subscribed 3.73 times
• Non-Institutional Investors (NII): Subscribed 0.30 times
• Qualified Institutional Buyers (QIB): Subscribed 0 times

Grey Market Premium (GMP) for Kenrik Industries

As of May 7, 2025, the Grey Market Premium (GMP) for Kenrik Industries stands at ₹0. Based on this, the estimated listing price for Kenrik Industries is expected to be ₹25. If the GMP trends remain unchanged, there’s no expected gain or loss on the share price for now.

Use of IPO Proceeds

Kenrik Industries will use the net proceeds from the IPO for the following purposes:

1. To meet working capital requirements.
2. For general corporate purposes.

IPO Details

• Book Running Lead Manager: Turnaround Corporate Advisors Pvt Ltd
• Market Maker: Mnm Stock Broking Pvt Ltd
• Registrar: Skyline Financial Services Pvt Ltd

Conclusion

If you have applied for the Kenrik Industries IPO, make sure to check your allotment status today, May 7, 2025. Follow the simple steps above to see if you have been allotted shares and get ready for the listing day on May 9, 2025.