On Friday, Raipur-based Jinkushal Industries Ltd made a successful debut on the stock exchanges. The construction equipment exporter's shares opened at ₹125 on the NSE, reflecting a premium of ₹4 or 3.3% above its issue price of ₹121. The listing caps a ₹116.15 crore IPO that was oversubscribed 65.10 times, with bids worth ₹5,293 crores pouring in from over 12.23 lakh investors across India. The Chhattisgarh-based company India’s largest Non-OEM construction machines exporter with a 6.9% market share and government-recognized Three-Star Export House.

FPJ reporter Avdhesh Mallick carried out an interview of Abhinav Jain, Promoter and Director, Jinkushal Industries about the IPO, the company's business, and vision for the future.

Excerpts from the interview

Congratulations on the successf

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