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Jinkushal Industries IPO Day 3: Check Subscription Status & Key Highlights

The Jinkushal Industries IPO has approached its last day with affirmative investor response. Across retail, HNI, and institutional sections, the demand has been well beyond initial expectations, signaling confidence in the company’s export-centric model and brand proposition.

By the close of Day 3, the IPO saw bids multiply across categories, with the retail section oversubscribed multiple times. For people tracking the IPO, the subscription momentum mirrors a blend of both investor enthusiasm and speculative interest. (Check complete issue details here: Jinkushal Industries IPO).

Jinkushal Industries IPO Day 3 Subscription Status

Investor demand peaked on the third day, with NII investors leading the rush. Retail too showed active participation, while QIBs maintained average bids.

Subscription Summary (as of Sept 29, 2025 – Day 3, 4:34 PM):

Category

Shares Offered

Shares Bid For

Subscription (x)

QIB (Ex-Anchor)

19,19,057

6,85,11,240

35.70

NII

14,39,933

21,05,49,960

146.22

– bNII (₹10L+)

9,59,955

13,54,04,760

141.05

– sNII (<₹10L)

4,79,978

7,51,45,200

156.56

Retail

33,61,972

15,48,99,840

46.07

Total

67,20,962

43,39,61,040

64.57

Applications received: 11,98,210

Jinkushal Industries – IPO Details

  • IPO Size: ₹116.15 crore

  • Issue Type: Book Built

  • Price Band: ₹115 – ₹121 per share

  • Lot Size: 120 shares (₹14,520 min investment)

  • Fresh Issue: 0.86 crore shares (₹104.54 crore)

  • OFS: 0.10 crore shares (₹11.61 crore)

  • Listing: BSE, NSE

  • IPO Timeline:

    • Open: Sept 25, 2025

    • Close: Sept 29, 2025

    • Allotment: Sept 30, 2025

    • Listing: Oct 3, 2025

Utilisation of Proceeds

The company plans to deploy fresh capital towards:

  • Funding working capital requirements (~₹72.67 crore).

  • Covering general corporate purposes to strengthen operations.

Additional Read-  How to Apply for the Jinkushal Industries IPO?

Jinkushal Industries IPO Anchor Investor Allocation

Anchor Investor Details

Figures

Anchor Bid Date

Sept 24, 2025

Shares Allotted

28,78,500

Amount Raised

₹34.83 crore

Lock-in Period (50%)

Oct 30, 2025

Lock-in Period (Remaining)

Dec 29, 2025

Click here to check out recently closed IPO

Conclusion

The Jinkushal Industries IPO has come to an end with oversubscription, especially in the NII category. Retail investors too are confident, raising the overall demand to more than 64x.

Such kind of bidding often reflects a mix of long-term conviction and near-term listing expectations. With listing set for Oct 3, 2025, all eyes now move towards allotment on Sept 30.

Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your IPO allotment status for Jinkushal Industries IPO.

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