New Delhi, Sep 26 (PTI) The initial public offer of Jinkushal Industries Ltd received 5.10 times subscription on the second day of bidding on Friday.

The company's IPO got bids for 3,42,94,440 shares against 67,21,048 shares on offer, according to NSE data.

The component meant for Retail Individual Investors (RIIs) garnered 7.27 times subscription, while the non-institutional investors quota got subscribed 6.79 times. Qualified Institutional Buyers (QIBs) received 4 per cent subscription.

Jinkushal Industries Ltd on Wednesday said it has collected Rs 35 crore from anchor investors.

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

The IPO has a fresh issue of 86.40 lakh shares and an offer-for-sale (OFS) of

See Full Page