Skip to content

Allotment

Jinkushal Industries Ltd.

The Jinkushal Industries Ltd. IPO was launched as a book-built public offering with a total issue size of ₹116.15 crore. The issue included a fresh equity issuance of approximately 0.86 crore shares, raising ₹104.54 crore, along with an offer for sale of about 0.10 crore shares valued at ₹11.61 crore.

The IPO opened for subscription on September 25, 2025, and closed on September 29, 2025. Share allotment was completed on September 30, 2025, and the company’s equity shares are scheduled to be listed on both the BSE and NSE on October 3, 2025.

The price band for the Jinkushal Industries IPO was fixed at ₹121 per share. Investors were required to apply in a minimum lot size of 120 shares. Based on the upper price band, the minimum investment for retail investors was ₹14,520. For non-institutional investors, the minimum application size for small NIIs was 14 lots, or 1,680 shares, involving an investment of ₹2,03,280, while big NIIs were required to apply for 69 lots, or 8,280 shares, amounting to ₹10,01,880.

If you’d like this rewritten in a shorter summary, simplified tone, or SEO-friendly IPO format, I can refine it further.

Jinkushal Industries Ltd. IPO & Charts
₹121

0%

Open

₹121

HIgh - Low

₹121

Previous Close

₹121

Total Traded Value

0

52 Weeks High

₹121

52 Weeks Low

₹121

Updates On

Sep 20, 2025

IPO. Open

Sep 25, 2026

IPO. Close

Sep 29, 2026

IPO. Price

₹121.00

IPO Market price

₹464.42 Cr

IPO Details

IPO Date 3 Oct
IPO Listing Date 3 Oct
IPO Face Value ₹10 per share
IPO Price Range ₹121.00
IPO Issue Size 95,99,548 shares
IPO Sale Type Fresh Capital & OFS
Employee Discount -
IPO Issue Type Bookbuilding IPO
IPO Listing BSE, NSE Platform
Share Holding Pre Issue 2,97,46,000 shares

IPO Timeline

IPO Open Date 25 Sep
IPO Close Date 29 Sep
IPO Allotment (Tentative) 30 Sep
Refunds 1 Oct
Credit to Demat Account 1 Oct
IPO Listing Date 3 Oct

IPO Reservation

Category Offer
QIB Shares Offered 47,97,643 (49.98%)
NII (HNI) Shares Offered 14,39,933 (15.00%)
Retail Shares Offered 33,61,972 (35.02%)

IPO Lot Size

Investors can purchase a minimum of 120 shares, and any additional shares must be bought in multiples of 120.

Application Lots Share Amount
Retail (Min) 1 120 ₹14,520
Retail (Max) 13 1,560 ₹1,88,760
S-HNI (Min) 14 1,680 ₹2,03,280
S-HNI (Max) 68 8,160 ₹9,87,360
B-HNI (Min) 69 8,280 ₹10,01,880
About Company

Jinkushal Industries Limited was established in November 2007 and operates as an international export trading company specializing in construction equipment. With a presence in more than thirty countries, including the UAE, Mexico, the Netherlands, Belgium, South Africa, Australia, and the United Kingdom, the company has earned recognition for its focus on quality, customization, and dependable service.

The company’s operations are structured around three core business segments. The first involves the global export of new construction machinery that is customized, modified, and fitted with accessories to suit specific customer needs and regional operating conditions. The second segment focuses on the export of pre-owned and refurbished construction equipment, providing cost-efficient solutions that undergo thorough reconditioning to meet defined performance and quality benchmarks. The third segment relates to the export of construction machines under its proprietary brand, “HexL.” Through this brand, the company currently offers backhoe loaders designed to deliver durability, efficiency, and value across international markets.

By April 2025, Jinkushal Industries had supplied more than 1,500 construction machines worldwide, comprising around 900 new units and 600 used or refurbished units. The company recorded strong growth momentum, delivering 1,171 machines during the nine months ended December 31, 2024, of which 815 were new and 356 were refurbished or pre-owned.

A key operational strength of the company is its in-house refurbishment facility, supported by a team of 48 skilled professionals. This facility is responsible for upgrading and reconditioning used machinery to align with customer expectations and technical requirements, ensuring consistent quality and reliable performance. In addition, Jinkushal Industries partners with independent, non-exclusive refurbishment centers that follow its established operating procedures and technical standards.

Supported by a strong operational infrastructure, extensive global reach, and a customer-centric approach, Jinkushal Industries Limited continues to expand its footprint and reinforce its position as a trusted participant in the global construction equipment export market.

As of December 31, 2024, the company’s procurement network consisted of 228 suppliers, including 172 contractors, 51 traders, and 5 manufacturers. During the same period, the workforce comprised 90 permanent employees along with 21 interns.

The company’s competitive advantages include its position as a leading exporter of construction machinery in key markets such as the UAE and the USA through its subsidiaries, a strong emphasis on refurbishment and reuse that supports the circular economy and environmental responsibility, a diversified international market presence with optimized equipment offerings, and an efficient supply chain that enables smooth export operations.

Jinkushal Industries Ltd. saw its revenue rise by 59% and its profit after tax (PAT) grow by 3% between the financial years ending March 31, 2024, and March 31, 2025.

Company Financials (Consolidated)

Assets 179.35 109.44 -
Total Income 385.81 242.80 -
Profit After Tax 19.14 18.64 -
EBITDA 28.6 27.57 -
NET Worth 86.19 43.07 -
Reserves and Surplus - - -
Total Borrowing 54.82 46.04 -

Key Performance Indicator (KPI

ROE 28.30%
ROCE 18.39%
Debt/Equity 0.58
RoNW 21.22%
PAT Margin 5.03%
EBITDA Margin 7.52%
Price to Book Value 4.18
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries -
2 To meet out the expenses of Working Capital Requirement 72.68
3 To meet out the General Corporate Purposes; 2.14
4 Offer for Sale (OFS) -

Contact Details

Jinkushal Industries Limited
House No. 260, Ward No. 42
Opposite C. M. House, Near Chhattisgarh Club
Civil Lines, Raipur
Chhattisgarh – 492001
Email: compliance@jkipl.in
Website: www.jkipl.in

Detail Registrar

IPO Registrar

Bigshare Services Pvt.Ltd.
+91-22-6263 8200
ipo@bigshareonline.com
https://ipo.bigshareonline.com/IPO_Status.html

FAQ

Compare:

Back To Top