JINKUSHAL INDUSTRIES LIMITED
₹ 115 - ₹ 121
25-Sep-2025 - 29-Sep-2025
₹ 14520.00

/ 120 Shares

JINKUSHAL INDUSTRIES LIMITED

25-Sep-2025 - 29-Sep-2025

₹ 115 - ₹ 121

Price Band

₹ 14520.00

Minimum Investment

120

Bid Lot

959,548

Shares

  • Face Value - ₹ 10/- Per Share

  • Listing at BSE, NSE

  • 2,798 Application Required in Retail for 1 Time.

  • Registrar : Bigshare Services Pvt. Ltd

IPO Details

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 120 ₹ 14,520
Retail (Upto 2 Lakh) 13 1560 ₹ 188,760
S-HNI (2 Lakh to 10 Lakh) 14 1680 ₹ 203,280
S-HNI (2 Lakh to 10 Lakh) 68 8160 ₹ 987,360
B-HNI (Above 10 Lakh) 69 8280 ₹ 1,001,880

IPO Timeline

  • Open Date

    25-Sep-2025

  • Close Date

    29-Sep-2025

  • Basis of Allotment Date

    30-Sep-2025

  • Initiation of Refunds

    01-Oct-2025

  • Credit Shares to Demat A/c

    01-Oct-2025

  • IPO Listing Date

    01-Oct-2025

About Company

Founded in November 2007, Jinkushal Industries Limited is an export trading company supplying construction machinery globally. Operating in over thirty countries—including the UAE, Mexico, Netherlands, Belgium, South Africa, Australia, and the UK—the company has built a strong reputation for quality, customisation, and service excellence.

The company operates across three primary business verticals:

  1. Export trading of customised, modified, and accessorised new construction machines. Delivering tailored solutions to meet client-specific operational and regional requirements.

  2. Export trading of used and refurbished construction machines – Offering reliable and cost-effective alternatives, rigorously refurbished to ensure optimal performance and compliance with quality standards.

  3. Export trading of its own brand ‘HexL’ construction machines – Under its proprietary brand HexL, the company currently offers backhoe loaders engineered for performance, durability, and value across global markets.

As of April 2025, Jinkushal Industries has supplied over 1,500 construction machines, including 900 new and 600 used/refurbished. The company demonstrated rapid growth by supplying 1,171 machines in the nine months ended December 31, 2024, wit 815 new an 356 used/refurbished during this period.

The company’s in-house Refurbishment Facility, which is staffed by 48 skilled employees, plays a critical role in customising and reconditioning pre-owned machinery to satisfy customer requirements. This facility guarantees consistent quality and performance through rigorous compliance with technical standards and customer specifications. Furthermore, Jinkushal collaborates with independent, non-exclusive refurbishment centres that adhere to its standard operating procedures and technical guidelines.

With a robust infrastructure, global reach, and a customer-first philosophy, Jinkushal Industries Limited continues to scale its operations and strengthen its position as a trusted player in the international construction equipment trade.

As of December 31, 2024, the procurement network included 228 suppliers: 172 contractors, 51 traders, and five manufacturers.

As of December 31, 2024, the company had 90 permanent employees and 21 interns.

Read More

Strengths

  • A leading exporter of construction machines in the UAE and USA through subsidiaries.
  • Refurbishment, reuse, and contribution to circular economy along with environmental responsibility.
  • Diversified Market Presence and Optimised Machine Solutions.
  • Efficient supply chain infrastructure supporting its export trading of construction machines.

Company Promoters

Company Financials

Period Ended 31 Mar 2025 31 Mar 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 Borrowing 54.82 46.04
Amount in ? Crore

Objects of the Issue

The Company Jinkushal Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No. Objects of the Issue Expected Amount (in Millions)
1 Funding the working capital requirements of the Company 726.75
2 General Corporate Purposes

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with InvestoYard, in just a few clicks your application is processed. You can bid for any IPO through InvestoYard, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on InvestoYard’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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