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( As on 08/10/2025 16:20)

Jinkushal Industries announces launch of initial public offering

Jinkushal Industries Ltd. has announced public offering of 7676241 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 111.00 per share. The gross proceeds of the issue are expected to be Rs 9,288.25 lakhs.

The company's initial public offer (IPO) will open on 25 September 2025 and is expected to close on 29 September 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 115.00-121.00 per share.

The IPO includes a fresh Issue of 7676241 Equity Shares of the Company at an price of Rs 121.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 120 shares with bids in multiples of 120.

Jinkushal Industries Ltd. anticipates using the proceeds of the issue for .

GYR CAPITAL ADVISORS PRIVATE LIMITED as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.