Shares of Jinkushal Industries made a muted stock market debut on Friday, October 03 as the export and trading company settled at Rs 125, a premium of 331 per cent over its issue price of Rs 121 on NSE both BSE and NSE. As of the listing price, investors made a profit of Rs 480 on each lot consisting of 120 equity shares. Advertisement

Listing of Jinkushal Industries has been much below the expectations. Ahead of its debut, it was commanding a grey market premium (GMP) of Rs 20 per shares in the unofficial market, suggesting a listing pop of 16-17 per cent for the investors. The stock has been listed in 'T' Group segment, implying a 5 per cent circuit filter for 10 session and prohibiting intraday buy and selling.

The IPO of Jinkushal Industries was open for bidding between September 25

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