Jinkushal Industries

Jinkushal Industries

Mainboard

₹14,520 / 120 Shares

Offer Date:Sep 25, 2025 - Sep 29, 2025
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IPO Live Subscription Details

CategorySubscription (Times)
Date
29 Sep 2025, 06:58 PM
QIBs
35.66 times
NII
146.39 times
Retail
47.10 times
Total
65.10 times

Jinkushal Industries IPO Details

The Jinkushal Industries IPO price band is set between ₹115-121 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.

The IPO date for subscription opens on 25 Sep, 2025 and closes on 29 Sep, 2025. Investors can check the allotment status on 30 Sep, 2025, while the listing date is tentatively scheduled for 3 Oct, 2025.

The total issue size is 95,95,483 shares, aggregating up to ₹116.11 crore. Stay tuned for the latest Jinkushal Industries IPO review and GMP updates.

Jinkushal Industries IPO Review, Rating & Analysis

Jinkushal Industries IPO Review

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Jinkushal Industries IPO Rating

Jinkushal Industries IPO Highlights

IPO Date

Sep 25, 2025 - Sep 29, 2025

Listing Date

3 Oct, 2025

Face Value

₹10 Per Equity Share

Price Band

₹115-121 per equity share

Lot Size

120 Shares

Fresh Issue

Shares

Offer for Sale

-

Listing At

BSE, NSE

Jinkushal Industries IPO Lot Size

The minimum market lot for Jinkushal Industries IPO is 120 shares with an application amount of ₹14,520. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)1120₹14,520
Retail (Max)131560₹1,88,760
S-HNI (Min)141680₹2,03,280
S-HNI (Max)688160₹9,87,360
B-HNI (Min)698280₹10,01,880

Jinkushal Industries IPO Timeline

IPO Open Date
25 Sep, 2025
IPO Close Date
29 Sep, 2025
Basis of Allotment
30 Sep, 2025
Listing Date
3 Oct, 2025

Issue Price

₹115-121 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Bigshare Services Pvt Ltd

Lead Manager

GYR Capital Advisors Pvt Ltd

Issue Size

95,95,483 shares(aggregating up to ₹116.11 crore)

Jinkushal Industries IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 25179.35385.8119.1486.19-54.82
31 Mar 24109.44242.8018.6443.07-46.04

All values are in ₹ Cr.

Jinkushal Industries IPO Valuations

EPS Pre IPO

₹6.43/-

EPS Post IPO

₹4.99/-

PE Pre IPO

18.8

PE Post IPO

24.26

ROE

28.30%

ROCE

18.39%

Debt Equity

0.58

RoNW

21.22%

PAT Margin

5.03%

Price to Book Value

4.18

Promoters & Share Holding

Share Holding Pre IssueShare Holding Post Issue
N/AN/A

About Company

Established in November 2007, Jinkushal Industries Limited is an export trading firm providing construction machinery worldwide. With operations across more than thirty countries—such as the UAE, Mexico, Netherlands, Belgium, South Africa, Australia, and the UK—the company has established a robust reputation for quality, customisation, and service excellence.

The company is engaged in three core business verticals:
Export trading of new customized, altered, and accessorized construction equipment. Providing specialized solutions to address client-specific operating and regional needs.
Export trading of refurbished and used construction equipment – Providing efficient and value-for-money options, stringently refurbished for guaranteed performance and adherence to quality standards.
Export of its self-owned brand 'HexL' construction equipment – Under its own brand name HexL, the company presently exports backhoe loaders designed to deliver performance, reliability, and value in international markets.

As of April 2025, Jinkushal Industries has supplied more than 1,500 construction equipment, comprising 900 new and 600 used/refurbished. The company showcased quick growth by supplying 1,171 machines within the nine months up to December 31, 2024, with 815 new and 356 used/refurbished in this timeframe.The company's own Refurbishment Facility, with 48 trained staff, is crucial in customising and refurbishing used machinery to meet customer needs. The facility ensures consistency in quality and performance through stringent adherence to technical specifications and customer specifications. Additionally, Jinkushal works with independent, non-exclusive refurbishing centres that also follow its standard operating procedures and technical guidelines.With a strong infrastructure, international network, and customer-centric approach, Jinkushal Industries Limited is continuing to expand its operations and emerge as a reliable player in the global construction equipment business.

As of December 31, 2024, there were 228 suppliers in the procurement network: 172 contractors, 51 traders, and five manufacturers.As of December 31, 2024, the company had 90 permanent staff and 21 interns.

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Jinkushal Industries IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved19,19,057
14,39,933

9,59,955    4,79,978
33,61,97267,20,962
Day 125-09-25 05:00 PM
0.02 x
3.02

1.74 x   5.56 x
3.28 x2.29 x
Day 226-09-25 05:00 PM
0.04 x
6.83

3.87 x   12.74 x
7.38 x5.17 x
Day 329-09-25 05:00 PM
35.66 x
146.39

141.05 x   157.07 x
47.10 x65.10 x
Total No. of Applications:12,32,921
Retail Subscription:

Retail:41.91x

BHNI:28.35x

SHNI:152.8x

Jinkushal Industries IPO - Issue Objectives & Utilisation of proceeds

ObjectivesAmount
Funding the working capital requirements of the Company-
General Corporate Purposes-

Company Contact Details

Jinkushal Industries

H. No. 260, Ward No. 42 Opp. C. M. House Near Chhattisgarh Club, Civil Lines Raipur, Chhattisgarh, 492001

Registrar Contact Details

Bigshare Services Pvt Ltd

Frequently Asked Questions about Jinkushal Industries IPO

When will Jinkushal Industries IPO open for subscription?

The Jinkushal Industries IPO opens on 25 Sep, 2025 and closes on 29 Sep, 2025.

What is the investors portion for Jinkushal Industries IPO?

The investors' portion for QIB is 35.66 x, NII is 141.05 x, and Retail is 47.10 x.

How to apply for Jinkushal Industries IPO?

You can apply for Jinkushal Industries IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.

What is the issue size of Jinkushal Industries IPO?

The issue size of Jinkushal Industries IPO is approx ₹95,95,483 shares(aggregating up to ₹116.11 crore) crores.

What is the price band of Jinkushal Industries IPO?

The price band for Jinkushal Industries IPO is ₹115 to ₹121 per equity share.

What is the lot size of Jinkushal Industries IPO?

The minimum bid (lot size) for Jinkushal Industries IPO is N/A shares with an investment of approx ₹14,520 .

What is the allotment date of Jinkushal Industries IPO?

The allotment date for Jinkushal Industries IPO is 30 Sep, 2025.

What is the listing date of Jinkushal Industries IPO?

The listing date for Jinkushal Industries IPO is expected to be 3 Oct, 2025.

What is the GMP of Jinkushal Industries IPO?

The latest Grey Market Premium (GMP) for Jinkushal Industries IPO is being updated regularly on IPOROCK.

PD

Parth D.

Founder & Lead Analyst

Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.

Jinkushal Industries IPO Date, Review, Price, Allotment Details, GMP | IPOROCK