Jinkushal Industries’ highly anticipated IPO allotment concludes Tuesday after drawing overwhelming investor demand, subscribed 65 times. Retail investors bid 47 times their quota, while NIIs saw 146x oversubscription. With shares listing October 3, market watchers anticipate the debut, though analysts caution the stock is “fully priced,” potentially limiting aggressive listing gains despite strong interest.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets