⁠Jinkushal Industries IPO price band has been set between Rs 115 and Rs 121 apiece. (Photo source: www.jkipl.in) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Jinkushal Industries Ltd. launched its initial public offering (IPO) on Thursday, September 25 and was fully subscribed on its first day.

The IPO was booked 3.95 times as of 1:27 p.m. on Friday with investors bidding for 2,65,63,080 shares against the 67,21,048 on offer.

The company, an export trading firm specialising in construction machinery, has a presence in over 30 countries, including the UAE, Mexico, the Netherlands, Belgium, South Africa, Australia and the UK.

The grey market premium for the mainboard issue continues to be in news after getting fully subscribed on Thursday.

Here’s a look at the grey ma

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