⁠Jinkushal Industries IPO price band has been set between Rs 115 and Rs 121 apiece. (Photo source: www.jkipl.in) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Jinkushal Industries Ltd. launched its initial public offering (IPO) on Thursday, Sept. 25.

The IPO was fully subscribed on Day 1 with investors bidding for 1,13,08,200 shares against the 67,21,048 shares on offer. Total subscription was 1.68 times as of 2:39 p.m. on Thursday.

The company, an export trading firm specialising in construction machinery, has a presence in over 30 countries, including the UAE, Mexico, the Netherlands, Belgium, South Africa, Australia and the UK.

Here’s a look at the grey market premium (GMP) and other details of the Jinkushal Industries IPO ahead of its launch.

Jinkushal Industries

See Full Page