Jinkushal Industries Limited IPO Details
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Jinkushal Industries IPO opens for subscription on 25 Sep 2025 and closes on 29 Sep 2025. The IPO will be listed on NSE, BSE with the tentative listing date set for 03 Oct 2025.
Jinkushal Industries IPO price band has been fixed at ₹115 – ₹121 per share.The face value is ₹10 per share with a lot size of 120.
Jinkushal Industries IPO total issue size comprises 95,95,483 shares (aggregating up to ₹116.11 Cr). This includes a fresh issue of 86,35,935 shares (aggregating up to ₹104.49 Cr). Offer for Sale consists of 9,59,548 shares (aggregating up to ₹11.61 Cr). Pre-issue shareholding stands at 2,97,46,000, which will increase to 3,83,81,935 post-issue.
Jinkushal Industries IPO carries a ₹51 (42.1%) GMP, reflecting investor sentiment.
Jinkushal Industries IPO Lot Size : Retain Minimum is 1 lot (120 shares) amounting to ₹14,520. Retain Maximum is 13 lots (1,560 shares) amounting to ₹188,760. SHNI Minimum is 14 lots (1,680 shares) amounting to ₹203,280. SHNI Maximum is 68 lots (8,160 shares) amounting to ₹987,360. BHNI Minimum is 69 lots (8,280 shares) amounting to ₹1,001,880.
The Lead Managers for Jinkushal Industries IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is GYR Capital Advisors Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Jinkushal Industries Limited RHP.
Jinkushal Industries IPO Details
Jinkushal Industries IPO Dates
- 25 Sep 2025Opening dateOPD
- 29 Sep 2025Closing dateCOD
- 30 Sep 2025Basis of AllotmentBOA
- 01 Oct 2025Initiation of RefundsIOR
- 01 Oct 2025Credit of SharesCOS
- 03 Oct 2025Listing dateLID
Jinkushal Industries IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 120 | ₹14,520 |
| Retain Maximum | 13 | 1560 | ₹188,760 |
| SHNI Minimum | 14 | 1680 | ₹203,280 |
| SHNI Maximum | 68 | 8160 | ₹987,360 |
| BHNI Minimum | 69 | 8280 | ₹1,001,880 |
Jinkushal Industries IPO Reservation
Promoter Holding
Documents
Jinkushal Industries IPO Valuations
Jinkushal Industries Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 179.35 | 109.44 |
| Total Income | 385.81 | 242.80 |
| Profit After Tax | 19.14 | 18.64 |
| EBITDA | 28.60 | 27.57 |
| NET Worth | 86.19 | 43.07 |
| Total Borrowing | 54.82 | 46.04 |
| Amount in ₹ Crore | ||
About Jinkushal Industries IPO
Founded in November 2007, Jinkushal Industries Limited is an export trading company supplying construction machinery globally. Operating in over thirty countries—including the UAE, Mexico, Netherlands, Belgium, South Africa, Australia, and the UK—the company has built a strong reputation for quality, customisation, and service excellence.
The company operates across three primary business verticals:
Export trading of customised, modified, and accessorised new construction machines. Delivering tailored solutions to meet client-specific operational and regional requirements.
Export trading of used and refurbished construction machines – Offering reliable and cost-effective alternatives, rigorously refurbished to ensure optimal performance and compliance with quality standards.
Export trading of its own brand ‘HexL’ construction machines – Under its proprietary brand HexL, the company currently offers backhoe loaders engineered for performance, durability, and value across global markets.
As of April 2025, Jinkushal Industries has supplied over 1,500 construction machines, including 900 new and 600 used/refurbished. The company demonstrated rapid growth by supplying 1,171 machines in the nine months ended December 31, 2024, wit 815 new an 356 used/refurbished during this period.
The company’s in-house Refurbishment Facility, which is staffed by 48 skilled employees, plays a critical role in customising and reconditioning pre-owned machinery to satisfy customer requirements. This facility guarantees consistent quality and performance through rigorous compliance with technical standards and customer specifications. Furthermore, Jinkushal collaborates with independent, non-exclusive refurbishment centres that adhere to its standard operating procedures and technical guidelines.
With a robust infrastructure, global reach, and a customer-first philosophy, Jinkushal Industries Limited continues to scale its operations and strengthen its position as a trusted player in the international construction equipment trade.
As of December 31, 2024, the procurement network included 228 suppliers: 172 contractors, 51 traders, and five manufacturers.
As of December 31, 2024, the company had 90 permanent employees and 21 interns.
Strength Of Jinkushal Industries IPO
1. Largest players in export trade of construction machines with presence in UAE and USA through our Subsidiaries.
2. Engaged in Refurbishment, reuse, and contribution to circular economy along with environmental responsibility.
3. Diversified market presence and optimized machines solutions.
4. We believe we have built an efficient supply chain infrastructure that supports our core business in the export trading of construction machines.
5. The recent launch of HexL, our brand, marks our transition from other brands' product sales model to own brand, product-driven, customer centric business approach.
6. Long established relationships with our customers and diverse customer base.
7. Consistent track record of financial performance leading to strong balance sheet position.
Risk Of Jinkushal Industries IPO
1. We are heavily dependent on the export market and derive the majority of our revenue from the export trading of construction machines and therefore vulnerable to a range of risks associated with the export market.
2. Our revenue from operations is dependent upon a limited number of customers and the loss of any of these customers or loss of revenue from any of these customers could have a material adverse effect on our business, financial condition, results of operations and cash flows.
3. A significant portion of our revenue is derived from select geographies such as Mexico and UAE. Any adverse developments in this market could adversely affect our business.
4. We have significant working capital requirements and our inability to meet such working capital requirements may have an adverse effect on our results of operations.
5. We are dependent on third-party suppliers and any disruptions in the supply or an increase in the prices of requisite construction machines could adversely affect our operations.
6. We have limited operating history and uncertain market acceptance of our HexL brand machines.
7. We derive a significant portion of our revenue for export trading of refurbished construction machines and our refurbishment machines may be subject to risk associated with quality, reliability and regulatory compliance.
8. We also rely on third party vendors for customisation and accessorizing of new machines and refurbishments centres for refurbishment of used machineries. Reliance on third-party vendors for customization, accessorization, and refurbishment may adversely impact quality, timelines, and customer satisfaction.
9. We enter into certain related party transactions in the ordinary course of our business and we cannot assure you that such transactions will not adversely affect our business, results of operations, profitability and margins, cash flows and financial condition.
10. We do not own the premises from where we operate.
Objectives Jinkushal Industries IPO
1. Funding the working capital requirements of the Company
2. General Corporate Purposes
Company Contact Details
Jinkushal Industries Limited
H. No. 260, Ward No. 42
Opp. C. M. House Near Chhattisgarh Club,
Civil Lines
Raipur, Chhattisgarh, 492001
Email: compliance@jkipl.in
Website: https://www.jkipl.in/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
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