Jinkushal Industries IPO is scheduled to open on September 25, 2025, and will close on September 29, 2025. This book-built issue is worth ₹116.11 crores, which includes a fresh issue of 0.86 crore shares aggregating to ₹104.49 crores and an offer for sale of 0.10 crore shares aggregating to ₹11.61 crores.
The IPO price band has been fixed at ₹115 to ₹121 per share, with a lot size of 120 shares. For retail investors, the minimum investment is ₹14,520, while sNII investors need to apply for at least 1,680 shares (₹2,03,280) and bNII investors for 8,280 shares (₹10,01,880).
The allotment is likely to be finalized on September 30, 2025, with refunds and credit of shares to Demat accounts on October 1, 2025. The shares are expected to list on BSE and NSE on October 3, 2025, and the cut-off time for UPI mandate confirmation is 5 PM on September 29, 2025.
Jinkushal Industries Ltd. reported a 59% rise in revenue and 3% growth in PAT from FY2024 to FY2025, with total income reaching ₹385.81 crore and profit at ₹19.14 crore.
Overview of Contents
About Jinkushal Industries IPO
Jinkushal Industries Limited, established in 2007, is a global export trading company of construction machinery, operating in over 30 countries including the UAE, USA, Mexico, Netherlands, Belgium, South Africa, Australia, and the UK. The company works across three key verticals—export of customised new machines, export of used and refurbished machines, and exports under its own brand ‘HexL’. By April 2025, Jinkushal had supplied over 1,500 machines, supported by its in-house refurbishment facility with 48 skilled employees and collaborations with independent centres to ensure quality. With a procurement network of 228 suppliers and a workforce of 90 permanent employees and 21 interns, the company has built strong global relationships. Its competitive strengths include leadership in UAE and USA markets, focus on refurbishment and sustainability, wide international presence, and an efficient supply chain, positioning it as a trusted player in the global construction equipment industry.
Jinkushal Industries IPO Overview
| Particulars | Information |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹115 to ₹121 per share |
| Issue Type | Bookbuilding IPO |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 95,95,483 shares (aggregating up to ₹116.11 Cr) |
| Fresh Issue | 86,35,935 shares (aggregating up to ₹104.49 Cr) |
| Offer for Sale | 9,59,548 shares (aggregating up to ₹11.61 Cr) |
| Lot Size | 120 Shares |
| Listing At | BSE, NSE |
| Pre-Issue Shareholding | 2,97,46,000 shares |
| Post-Issue Shareholding | 3,83,81,935 shares |
Jinkushal Industries IPO Dates
| Event | Date & Day |
|---|---|
| IPO Open Date | Thursday, September 25, 2025 |
| IPO Close Date | Monday, September 29, 2025 |
| Basis of Allotment (Tentative) | Tuesday, September 30, 2025 |
| Initiation of Refunds | Wednesday, October 1, 2025 |
| Credit of Shares to Demat | Wednesday, October 1, 2025 |
| IPO Listing Date (Tentative) | Friday, October 3, 2025 |
| Cut-off Time for UPI Mandate Confirmation | 5 PM on Monday, September 29, 2025 |
Jinkushal Industries IPO Lot Size
| Investor Category | Shares | Lots | Amount (Approx) |
|---|---|---|---|
| Retail – Maximum | 1,560 | 13 | ₹1,88,760 |
| S-HNI – Minimum | 1,680 | 14 | ₹2,03,280 |
| Retail – Minimum | 120 | 1 | ₹14,520 |
| B-HNI – Minimum | 8,280 | 69 | ₹10,01,880 |
| S-HNI – Maximum | 8,160 | 68 | ₹9,87,360 |
Jinkushal Industries IPO Promoter Holding
The promoters of Jinkushal Industries are Anil Kumar Jain, Abhinav Jain, Sandhya Jain, Tithi Jain and Yashasvi Jain. Together they hold the entire shareholding of the company before the IPO, which means promoter holding is 100% pre-issue. After the IPO, their holding will come down as shares are offered to the public, but they will continue to remain the key stakeholders and guiding force of the company.
Jinkushal Industries IPO Financial Performance
| Particulars | FY 2024-25 (As on Mar 31, 2025) | FY 2023-24 (As on Mar 31, 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 Borrowings | 54.82 | 46.04 |
Object of the Issue
- General Corporate Purposes
- Funding the working capital requirements of the Company
Jinkushal Industries IPO GMP
- To be Updated Soon
Jinkushal Industries IPO Review
- To Be Updated
Jinkushal Industries IPO Volution
| KPI Metric | Value |
|---|---|
| Market Capitalization | ₹464.42 Cr |
| Price to Book Value | 4.18 |
| Return on Equity (ROE) | 28.30% |
| Return on Net Worth | 21.22% |
| Return on Capital Employed (ROCE) | 18.39% |
| EBITDA Margin | 7.52% |
| Profit After Tax Margin | 5.03% |
| Debt-to-Equity Ratio | 11.30 |
Jinkushal Industries Ltd. – Company & IPO Registrar Contact Information
Company Address:
Jinkushal Industries Ltd.
H. No. 260, Ward No. 42,
Opposite C. M. House, Near Chhattisgarh Club,
Civil Lines, Raipur, Chhattisgarh – 492001
Email: compliance@jkipl.in
Website: www.jkipl.in
IPO Registrar:
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: bigshareonline.com
Jinkushal Industries IPO FAQs
What is the Jinkushal Industries IPO?
Jinkushal Industries IPO is a book-built issue comprising a combination of fresh issue and offer for sale, aiming to raise ₹116.11 crore.
When is the IPO scheduled to open and close?
The IPO is scheduled to open on September 25, 2025, and close on September 29, 2025.
What is the price band of the IPO?
The IPO price band is fixed between ₹115 to ₹121 per share.
What is the lot size and minimum investment?
The lot size is 120 shares, and the minimum investment required by retail investors is ₹14,520 (based on the upper price).
What is the issue type?
It is a Bookbuilding IPO with a combination of fresh issue and offer for sale.
Where will the shares be listed?
The shares will be listed on both BSE and NSE.
Who are the promoters of Jinkushal Industries?
The promoters include Anil Kumar Jain, Abhinav Jain, Sandhya Jain, Tithi Jain, and Yashasvi Jain.
What is the allotment and listing schedule?
Allotment is expected shortly after the IPO closes, and tentative listing is on October 3, 2025.
How can investors apply for the IPO?
Investors can apply through ASBA-enabled bank accounts, online trading platforms, or UPI-enabled applications.
Is this IPO suitable for long-term investment?
Based on the company’s financial growth, stable revenue, and market position, it may be suitable for long-term investors.