Kenrik Industries SME IPO Subscription Status
Kenrik Industries SME IPO closed on 6 May 2025 with an overall subscription of 2.00x based on shares applied. NII at 0.20x, and retail at 3.77x.
Allotment will be finalised on 7 May 2025. The stock is scheduled to list on NSE and BSE on 9 May 2025.
Issue Price
Rs 25.00
GMP Today
-
Overall Subscription
2.00x
Issue Size
₹8.75 Cr
Allotment Date
7 May 2025
Listing Date
9 May 2025
Kenrik Industries SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 25.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| NII | Rs 4.14 Cr | Rs 81.00 L | 0.20x |
| IND | Rs 4.16 Cr | Rs 15.66 Cr | 3.77x |
| Total | Rs 8.30 Cr | Rs 16.47 Cr | 1.99x |
Kenrik Industries SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| NII | 16,56,000 | 3,24,000 | 0.20x |
| IND | 16,62,000 | 62,64,000 | 3.77x |
| Total | 33,18,000 | 65,88,000 | 1.99x |
What Do These Subscription Numbers Mean?
A subscription of 2.00x by shares means the IPO received bids for 2 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
NII at 0.20x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 3.77x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Kenrik Industries SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 3.77x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Kenrik Industries SME IPO Allotment Status page from 7 May 2025 for your allotment result.
Kenrik Industries SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 29 Apr 2025 | - | 0.02x | 0.49x | 0.25x |
| Day 2 - 30 Apr 2025 | - | 0.03x | 0.94x | 0.49x |
| Day 3 - 2 May 2025 | - | 0.06x | 1.48x | 0.77x |
| Day 4 - 5 May 2025 | - | 0.16x | 2.43x | 1.30x |
| Day 5 - 6 May 2025 | - | 0.20x | 3.77x | 1.99x |
Kenrik Industries SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 29 April 2025 |
| IPO Close Date | 6 May 2025 |
| Allotment Date | 7 May 2025 |
| Refund Initiation | 8 May 2025 |
| Share Credit to Demat | 8 May 2025 |
| Listing Date | 9 May 2025 |
| Minimum Investment | Rs 3,00,000.00 |
| Lot Size | 6000 shares |
About Kenrik Industries SME
Kenrik Industries Limited, founded in 2017, designs and sells traditional Indian jewelry. Their collection includes handmade gold jewelry set with diamonds, rubies, cubic zirconia, and other precious stones. They offer a variety of products, including rings, earrings, necklaces, bracelets, bangles, watches, and wedding jewelry.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Kenrik Industries SME IPO Subscription FAQs
What is Kenrik Industries SME IPO subscription status today?
Kenrik Industries SME IPO subscription closed on 6 May 2025 with overall subscription of 2.00x (by shares) as of 27 June 2026, 2:01 AM IST. QIB N/A, NII 0.20x, IND 3.77x.
What is the overall subscription of Kenrik Industries SME IPO?
Kenrik Industries SME IPO is subscribed 2.00x overall by shares at close on 6 May 2025. QIB N/A, NII 0.20x, and IND 3.77x.
What is Kenrik Industries SME IPO QIB subscription?
QIB subscription for Kenrik Industries SME IPO will appear here once institutional bids are recorded.
What is Kenrik Industries SME IPO IND subscription?
Kenrik Industries SME IPO IND subscription is 3.77x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Kenrik Industries SME IPO NII subscription?
Kenrik Industries SME IPO NII (Non-Institutional Investors) subscription is 0.20x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Kenrik Industries SME IPO for retail?
Kenrik Industries SME IPO retail share subscription is 3.77x. Application-wise data is needed for accurate lottery odds.
When is Kenrik Industries SME IPO allotment date?
Kenrik Industries SME IPO allotment date is 7 May 2025. Check Kenrik Industries SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Kenrik Industries SME IPO subscription close?
Kenrik Industries SME IPO subscription closed on 6 May 2025. No new applications are accepted after the close.
What is Kenrik Industries SME IPO GMP today?
GMP for Kenrik Industries SME IPO is not available yet. Track Kenrik Industries SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Kenrik Industries SME IPO issue price and lot size?
Kenrik Industries SME IPO issue price is ₹25 per share. Lot size is 6000 shares. Minimum investment is ₹3,00,000 per lot (minimum 2 lots for SME). Issue size: ₹8.75 Cr.
When is Kenrik Industries SME IPO listing date?
Kenrik Industries SME IPO listing date is 9 May 2025 on NSE and BSE. Allotment is on 7 May 2025.
How does subscription affect Kenrik Industries SME IPO allotment?
Allotment odds in Kenrik Industries SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 2.00x overall, competition is moderate.
For allotment results from 7 May 2025, visit the Kenrik Industries SME IPO Allotment Status page. For listing day updates on 9 May 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.