Archive · 25 Sep 2025
Jinkushal and Jain IPOs: Strong Investor Interest
Two companies are selling shares to the public.
Jinkushal Industries exports construction machines, while Jain Resource Recycling recycles metal.
Both companies launched IPOs.
Jinkushal's IPO saw high demand on the first day, with over two times the shares being subscribed.
Jain's IPO was oversubscribed on its second day of bidding.
The companies are raising money for their business.
Jinkushal is based in Chhattisgarh and exports construction machines.
Jain is based in Tamil Nadu, and is involved in manufacturing non-ferrous metal products.
Jinkushal Industries' IPO was oversubscribed 2.29 times on its first day.
Jain Resource Recycling's IPO was subscribed 1.24 times on the second day.
Jinkushal aims to raise ₹116.11 crore; Jain aims for ₹1,250 crore.
Jinkushal exports construction machines; Jain recycles metal.
Both IPOs are open for subscription in September 2025.
- Who
- Jinkushal Industries & Jain Resource Recycling Ltd
- What
- Launched IPOs
- When
- Open until September 26 & 29, 2025
- Where
- Indian market
- Why
- To fund working capital and general corporate purposes
- Company
- Jinkushal Industries & Jain Resource Recycling Ltd
- Business
- Construction machine exporter & Metal Recycling
- Jinkushal IPO Size
- ₹116.11 crore
- Jain IPO Size
- ₹1,250 crore
- Jinkushal Price Band
- ₹115-121 per share
- Jain Price Band
- ₹220-232 per share
- Jinkushal Closing Date
- September 29, 2025
- Jain Closing Date
- September 26, 2025
- Jinkushal Subscription (Day 1)
- 2.29 times
- Jain Subscription (Day 2)
- 1.24 times
Sources
Jain Resource Recycling IPO: Should you subscribe?
Big GMP alert: Could Jinkushal Industries IPO see 35% listing premium? 5 ‘must know’ facts as IPO opens today
Jinkushal Industries IPO kicks off today: Should you subscribe to it?
Jinkushal Industries IPO day 1 Live: GMP, review, subscription status, other details. Apply or not?
Jinkushal Industries IPO: Issue sees strong demand on Day 1, subscribed 2.3 times on robust retail, NII interest
Jinkushal Industries IPO subscribed 2.29 times on Day 1
Jinkushal Industries IPO subscribed 2.29 times on Day 1