New Delhi, Sep 24 (PTI) Jinkushal Industries Ltd (JKIPL) on Wednesday said it has collected Rs 35 crore from anchor investors, ahead of its initial share sale opening for public subscription.

Nomura Singapore, HDFC Bank, Viney Growth Fund, Steptrade Revolution Fund, Santosh Industries and Swyom India Alpha Fund are the anchor investors, who have been allocated shares, according to a circular uploaded on the BSE website.

The company has allotted 28.78 lakh equity shares to these investors at Rs 121 per share, it showed.

The company’s public issue will be available for public subscription from September 25 to 29 in a price band of Rs 115-121 per share.

The IPO — a combination of a fresh issue of 86.36 lakh shares and an offer-for-sale (OFS) of 9.6 lakh shares by promoters — will conclude

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