Jinkushal Industries Ltd. IPO logo

Jinkushal Industries Ltd. IPO Details – Price, Date, GMP & Analysis

Listed
Mainboard
Price Range:
Rs.121
Issue Size:
Rs.116.15 Cr
Lot Size:
120 shares
Open Date:
September 25

Jinkushal Industries Ltd. IPO Overview

Bidding Dates
September 25 - September 29
Min Investment
₹14,520
Price Range
₹121
Issue Size
116.15 Cr
IPO DRHP Doc

Company Overview

Founded in November 2007, Jinkushal Industries Limited is an export trading company supplying construction machinery globally. Operating in over thirty countries, the company has built a strong reputation for quality, customization, and service excellence. It operates across three primary business verticals and has supplied over 1,500 construction machines, including new and used/refurbished units. The in-house Refurbishment Facility, staffed by skilled employees, customizes and reconditions pre-owned machinery to meet customer requirements. Jinkushal collaborates with independent refurbishment centers to ensure compliance with technical standards. With robust infrastructure and a customer-first philosophy, Jinkushal continues to scale operations in the international construction equipment trade. As of December 31, 2024, the procurement network included 228 suppliers and the company employed 90 permanent employees and 21 interns.

IPO Timeline

Opens

Sep 25

Closes

Sep 29

Allotment

Sep 30

Refunds

Oct 1

Shares Credit

Oct 1

Listing

Oct 3

Latest Subscription Data

CategorySubscriptionStatus
QIB (Qualified Institutional Buyers)35.70xOversubscribed
NII (Non-Institutional Investors/HNI)146.39xOversubscribed
RII (Retail Individual Investors)47.04xOversubscribed
Total Subscription65.09xOversubscribed

Last updated: Sep 29, 2025, 05:06 PM

Current GMP:
Rs.20
Est. Listing:
Rs.141
Est. Gain:
+16.5%
Star Rating:
(0/5)

Financial Information

Financial Data Table

Detailed breakdown of financial metrics across years

Financial Metric20252024
Assets179.35 Cr109.44 Cr
EBITDA28.6 Cr27.57 Cr
NET Worth86.19 Cr43.07 Cr
Profit After Tax19.14 Cr18.64 Cr
Total Borrowing54.82 Cr46.04 Cr
Total Income385.81 Cr242.8 Cr
Financial data is visualized in the chart above

Strengths & Risks Analysis

Key Strengths

Competitive advantages and positive aspects

  • Recognized as a Three-Star Export House by the Government of India.
  • Diversified operations across machinery exports, mining services, and logistics.
  • Established global presence with exports to over 30 countries.
  • Launch of proprietary brand ‘HexL’ for construction machinery, enhancing market offerings.

IPO Details

Jinkushal Industries IPO Details

Face Value₹10 per share
Fresh Issue86,40,000 shares (aggregating up to ₹104.54 Cr)
IPO DateSeptember 25, 2025 to September 29, 2025
Issue Price Band₹115 to ₹121 per share
Issue Price Final₹121 per share
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Listing DateOctober 3, 2025
Lot Size120 Shares
Offer for Sale9,59,548 shares of ₹10 (aggregating up to ₹11.61 Cr)
Sale TypeFresh Capital-cum-Offer for Sale
Share Holding Post Issue3,83,86,000 shares
Share Holding Pre Issue2,97,46,000 shares
Total Issue Size95,99,548 shares (aggregating up to ₹116.15 Cr)

Jinkushal Industries IPO Reservation

Share Reservation Distribution

QIB
4,797,643 shares (49.98%)
Retail
3,361,972 shares (35.02%)
Anchor Investors
2,878,500 shares (29.99%)
QIB (Ex-Anchor)
1,919,143 shares (19.99%)
HNI (NII)
1,439,933 shares (15%)
bNII (>₹10L)
959,955 shares (10%)
sNII (<₹10L)
479,978 shares (5%)

Jinkushal Industries IPO Promoter Holding

Promoter Holding Post Issue74.99%
Promoter Holding Pre Issue100%

Jinkushal Industries IPO Listing Details

BSE Script Code544547
Final Issue Price₹121 per share
ISININE1FF001016
Listing DateOctober 3, 2025
NSE Symbol