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 125Â 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 the 33.59 lakh shares reserved, according to provisional exchange data.Â
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Overall, investors bid for 43.75 crore shares against the total shares on offer.
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Jinkushal Industries IPO details:
The IPO is a book-built issue of Rs 116.15 crore, comprising a fresh issue of Rs 104.54 crore and an offer-for-sale (OFS) of Rs 11.61 crore.
The company plans to utilise the IPO proceeds primarily for working capital requirements and general corporate purposes.
Price band: Rs 115 to Rs 121 per equity share
Subscription date: September 25 to September 29, 2025
Lot size: 120 shares, with a minimum application amount of Rs 14,520
Jinkushal Industries company profile:
Founded in 1976, Jinkushal Industries Limited is an exporter of construction machinery and a provider of mining services and logistics solutions.
Jinkushal Industries has diversified operations in mining, construction, rice milling, exports, heavy construction equipment exports, third-party warehousing, logistics, real estate, and processed foods.
Financially, the company reported a revenue growth of 59 per cent in FY25 to Rs 385.81 crore, with Profit After Tax (PAT) of Rs 19.14 crore.
