25 Sep 2025 | 5 Mins Read
Jinkushal Industries IPO sees 38% subscription on Day 1
Flipitmoney
Jinkushal Industries' IPO received bids for 25.58 lakh shares, 38 percent of the offer size, in the first 30 minutes on September 25. Retail investors booked 55 percent of their reserved portion, while Non-Institutional Investors subscribed 50 percent and Qualified Institutional Buyers 1 percent. The IPO priced at Rs 115-121 per share, valuing the company at Rs 464 crore.