The JNK India Initial Public Offering (IPO) has garnered significant traction on its second day of subscription, with contributions from retail investors, non-institutional investors (NIIs), and qualified institutional buyers (QIBs). According to BSE data, the issue has been subscribed over 0.47 times, indicating a strong level of interest in the company.
The initial public offering (IPO) of JNK India Limited received a strong response from investors, getting fully subscribed on the first day of the subscription period. Non-Institutional Investors (NII) led the bid, followed by retail investors and Qualified Institutional Buyers (QIBs). The IPO received bids for 1.05 times the total number of shares offered.
The JNK India IPO has received robust subscription levels on its second day, with all categories participating actively. As of 11:33 IST, the IPO is 67% subscribed overall, with the retail component at 74%, NIIs at 49%, and QIBs at 67%. This positive response indicates a high likelihood of full subscription. Notably, half of the issue was subscribed on the first day, showcasing the strong investor interest.
