Jinkushal Industries IPO Details
The Jinkushal Industries IPO is a book build issue with a total issue size of ₹116.15 cr, comprising of fresh issue of 8640000 equity shares., and a offer for sale of 959548 equity shares. Jinkushal Industries IPO opened for subscription on Sep 25, 2025 and closed on Sep 29, 2025. Jinkushal Industries IPO is set price band at ₹115 to ₹121 per share, with a lot size of 120 shares. Minimum investment for Retail investors was ₹14,520.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 30, 2025, and listed on both the NSE and BSE on Oct 03, 2025.
Bigshare Services Pvt Ltd has been appointed as the registrar. GYR Capital Advisors Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Jinkushal Industries IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 115 – 121
- Lot Size
- 120
- Issue Size
- ₹116.15 Cr
- Minimum Investment
- ₹14520 (120 Shares)
- Listing Date
- 03 October 2025
Current GMP
₹20 (+16.53%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Jinkushal Industries Limited
Jinkushal Industries Limited
Incorporated in November 2007
Jinkushal Industries Limited is a global export trading company specializing in the supply of construction machinery. With a presence in more than 30 countries—including the UAE, Mexico, Netherlands, Belgium, South Africa, Australia, and the UK—the company has earned a strong reputation for quality, customization, and service excellence.
Business Verticals
The company operates across three core verticals:
- Export Trading of New Construction Machines
- Specializes in customised, modified, and accessorised equipment.
- Delivers tailored solutions designed to meet operational and regional requirements of international clients.
- Export Trading of Used & Refurbished Construction Machines
- Offers reliable, cost-effective alternatives to new machines.
- Machines are rigorously refurbished to meet performance and quality standards, ensuring long-term value.
- Export Trading of Proprietary Brand – HexL
- Under its in-house brand HexL, the company currently markets backhoe loaders.
- The machines are engineered for durability, performance, and affordability, targeting diverse global markets.
Operations & Performance
- As of April 2025, Jinkushal Industries has supplied over 1,500 construction machines:
- 900 new units
- 600 used/refurbished units
- The company achieved rapid growth in the nine months ended December 31, 2024, supplying 1,171 machines:
- 815 new units
- 356 used/refurbished units
Refurbishment Facility
- The company operates an in-house refurbishment facility, employing 48 skilled technicians.
- This unit customises and reconditions pre-owned machinery to align with customer requirements.
- Ensures consistent quality and performance by adhering to rigorous technical standards.
- Additionally, Jinkushal partners with independent, non-exclusive refurbishment centres that strictly follow its standard operating procedures (SOPs) and technical guidelines.
Procurement Network
As of December 31, 2024, the company’s procurement network comprised 228 suppliers:
- 172 contractors
- 51 traders
- 5 manufacturers
Human Resources
- As of December 31, 2024, the company employed:
- 90 permanent employees
- 21 interns
Market Position
Backed by a robust infrastructure, a well-established supplier base, and a customer-first approach, Jinkushal Industries Limited continues to expand its footprint and reinforce its position as a trusted global player in the construction equipment trade.
Jinkushal Industries IPO Promoters
- Anil Kumar Jain
- Abhinav Jain
- Sandhya Jain
- Tithi Jain
- Yashasvi Jain
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
74.99%
Jinkushal Industries IPO Objective
The Company Jinkushal Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding the working capital requirements of the Company
- General Corporate Purposes
Address / Contact Info
Jinkushal Industries Ltd.
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/
IPO Snapshot
Book Running Lead Managers
- GYR Capital Advisors Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Jinkushal Industries IPO is a Book-building IPO with a total issue size of ₹116.15 crore. The Jinkushal Industries IPO price band is ₹115 to 121 per share. The Jinkushal Industries IPO subscription opens on Thu, Sep 25, 2025, and closes on Mon, Sep 29, 2025. The Jinkushal Industries IPO will be listed on the BSE,NSE. Bigshare Services Pvt Ltd is the registrar for the Jinkushal Industries IPO.
The Jinkushal Industries IPO opens on Thu, Sep 25, 2025 and closes on Mon, Sep 29, 2025
Jinkushal Industries IPO Price Band is ₹115 to 121 per share.
Jinkushal Industries IPO lot size is 120 shares, Retail investors need a minimum investment of ₹14520 based on the upper price band
The minimum investment for Jinkushal Industries IPO is ₹14520, based on one lot of 120 shares at the upper price band of ₹121 per share.
Investors can apply for the Jinkushal Industries IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Sep 29, 2025. The application amount remains blocked until the Jinkushal Industries IPO allotment is finalized.
Jinkushal Industries IPO issue size is ₹116.15 crores.
Jinkushal Industries IPO allotment date is Wed, Jul 1, 2026.
The registrar for Jinkushal Industries IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Jinkushal Industries IPO allotment status, refund processing, and other IPO-related information.
The Jinkushal Industries IPO GMP (Grey Market Premium) is ₹20 as of Fri, Oct 3, 2025. Based on the upper price band of ₹121 per share, the estimated Jinkushal Industries IPO listing price is ₹141, indicating a potential listing gain of approximately 0% over the issue price.