Mumbai, Sept. 30 -- The initial public offer of Jinkushal Industries received bids for 43,75,68,720 shares as against 67,21,048 shares on offer. The issue was subscribed 65.10 times.

The Non-Institutional Investors category was subscribed 146.39 times, the Retail Individual Investors category was subscribed 47.10 times and The Qualified Institutional Buyers (QIB) category was subscribed 35.66 times.

The issue opened for bidding on 24 September 2025 and it closed on 29 September 2025. The price band of the IPO is fixed between Rs 115 and 121 per share.

The IPO consisted of a fresh issue of 86.36 lakh equity shares and an offer for sale (OFS) of 9.60 lakh shares by promoters. The OFS includes 6.21 lakh shares by Anil K Jain, 2.18 lakh sh...