
Jinkushal Industries Ltd. IPO Details – Price, Date, GMP & Analysis
Jinkushal Industries Ltd. IPO Overview
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
Opens
Sep 25
Closes
Sep 29
Allotment
Sep 30
Refunds
Oct 1
Shares Credit
Oct 1
Listing
Oct 3
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 35.70x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 146.39x | Oversubscribed |
| RII (Retail Individual Investors) | 47.04x | Oversubscribed |
| Total Subscription | 65.09x | Oversubscribed |
Last updated: Sep 29, 2025, 05:06 PM
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 |
|---|---|---|
| Assets | ₹179.35 Cr | ₹109.44 Cr |
| EBITDA | ₹28.6 Cr | ₹27.57 Cr |
| NET Worth | ₹86.19 Cr | ₹43.07 Cr |
| Profit After Tax | ₹19.14 Cr | ₹18.64 Cr |
| Total Borrowing | ₹54.82 Cr | ₹46.04 Cr |
| Total Income | ₹385.81 Cr | ₹242.8 Cr |
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 Issue | 86,40,000 shares (aggregating up to ₹104.54 Cr) |
| IPO Date | September 25, 2025 to September 29, 2025 |
| Issue Price Band | ₹115 to ₹121 per share |
| Issue Price Final | ₹121 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Listing Date | October 3, 2025 |
| Lot Size | 120 Shares |
| Offer for Sale | 9,59,548 shares of ₹10 (aggregating up to ₹11.61 Cr) |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Share Holding Post Issue | 3,83,86,000 shares |
| Share Holding Pre Issue | 2,97,46,000 shares |
| Total Issue Size | 95,99,548 shares (aggregating up to ₹116.15 Cr) |
Jinkushal Industries IPO Reservation
Share Reservation Distribution
Jinkushal Industries IPO Promoter Holding
| Promoter Holding Post Issue | 74.99% |
| Promoter Holding Pre Issue | 100% |
Jinkushal Industries IPO Listing Details
| BSE Script Code | 544547 |
| Final Issue Price | ₹121 per share |
| ISIN | INE1FF001016 |
| Listing Date | October 3, 2025 |
| NSE Symbol |