Archive · 1 Oct 2025
Jinkushal Industries IPO Set to List with Strong Premium
Jinkushal Industries, a company that exports construction machines, is about to start trading its stock on the stock market.
When a company first sells its stock, it's called an IPO.
Investors showed a lot of interest, with more than 60 times the shares being requested than were available.
This means the stock is likely to start trading at a higher price than what people originally paid for it, which is a good sign.
The money raised from the IPO will be used to help the company grow.
Analysts suggest that while the Grey Market Premium(GMP) indicates positive trends, investors should be cautious.
Jinkushal Industries, a construction machinery exporter, is set to list on Friday.
The IPO was oversubscribed by nearly 65 times.
Shares are expected to list at ₹142, based on a Grey Market Premium of ₹21.
The company exports construction machines globally.
The company intends to use the funds for working capital and general purposes.
- Who
- Jinkushal Industries
- What
- IPO listing on the bourses
- When
- October 03
- Where
- Not specified
- Why
- Funding working capital and general corporate purposes
- IPO Size
- ₹116 crore
- Subscription Rate
- 65 times
- GMP
- ₹21
- Estimated Listing Price
- ₹142 per share
- Issue Price
- ₹121 per share
- Market Share
- 6.9%
- Company Status
- Three-Star Export House