Finance September 25, 2025

Jinkushal Industries IPO opens with healthy GMP buzz. Should you bid?

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Jinkushal Industries IPO opens with healthy GMP buzz. Should you bid?

Jinkushal Industries, India's leading non-OEM construction machinery exporter, is set to launch its Rs 116 crore IPO on September 25, with a price band of Rs 115-121 per share. The IPO has garnered significant grey market interest, and Anand Rathi Research recommends a 'Subscribe – Long Term' rating, citing the company's strategic shift towards its HexL brand.

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