Jinkushal Industries Share Listing: Shares of Jinkushal Industries debuted on Dalal Street at a 3 per cent premium over the issue price on Friday, October 3. The stock of the multi-solutions provider company opened for trade at Rs 125 on the stock exchanges.
Jinkushal Industries IPO subscription highlights:
The Jinkushal Industries IPO saw an overall subscription of 65.10 times the equity on offer, with the portions set aside for qualified institutional buyers (QIBs), non-institutional investors (NIIs), and retail investors subscribed 35.66, 146.39, and 47.10 times, respectively.
In terms of shares, QIBs bid for 6.58 crore shares against the allotted 19.21 lakh shares, NIIs bid for 21.07 crore shares against the 49.39 lakh shares allotted, and RIIs bid for 15.82 crore shares against th