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Jinkushal Industries Ltd

Jinkushal Industries Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹121
₹121
GMP (Grey Market)
+₹12
+9.92%
Est. Listing Price
₹133
Based on GMP
Min. Investment
₹14,520
1 lot × 120 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
25 Sep 2025
Close Date
29 Sep 2025
Allotment
30 Sep 2025
Listing Date
03 Oct 2025
Exchange
NSE & BSE
Price Band
₹121
Listing Price
See chart
Allotment Status
Price Band
₹121
Per share
Face Value
₹10 per share
 
Lot Size
120 Shares
per lot
Issue Size
95,99,548 shares (aggregating up to ₹116.15 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,520
1 lot
Pre-IPO Holding
2,97,46,000 shares
Promoters
Post-IPO Holding
3,83,86,000 shares
Promoters
P/E (Pre)
18.8x
 
P/E (Post)
24.26x
 
EPS (Pre)
₹6.43
 
EPS (Post)
₹4.99
 
UPI Deadline
2025-09-29
Mandate
GMP
+₹12
+9.92% est.
Anchor AllotmentWed, 24 Sep 2025
Basis of AllotmentTue, 30 Sep 2025
Refund InitiationWed, 01 Oct 2025
Demat CreditWed, 01 Oct 2025
Listing DayFri, 03 Oct 2025
UPI Mandate Deadline2025-09-29
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares86,40,000 shares (aggregating up to ₹104.54 Cr)
Offer for Sale9,59,548 shares of ₹10 (aggregating up to ₹11.61 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Jinkushal Industries Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 29 Sep 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
9,599,462
100% ₹116.15
IPO Shares Offered
Jinkushal Industries Ltd IPO total issue size: ₹116.15 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 9,599,462 ₹116.15
100.00%
* Based on upper price band ₹121 per share
Lot Size & Investment
Lot Size
120
Shares per Lot
Issue Price
₹121.00
Upper Band
Min Investment
₹14,520
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2240₹29,040
Retail (Max — 13 Lots)131,560₹188,760
S-HNI (Min — 14 Lots)141,680₹203,280
B-HNI (Min — 69 Lots)698,280₹1,001,880
* Issue Price ₹121 × Lot Size 120 shares
IPO Schedule
Anchor
24 Sep 2025
✓ Done
IPO Open
25 Sep 2025
✓ Done
IPO Close
29 Sep 2025
✓ Done
Allotment
30 Sep 2025
✓ Done
Refunds
01 Oct 2025
✓ Done
Demat Credit
01 Oct 2025
✓ Done
Listing Day
03 Oct 2025
✓ Done
Jinkushal Industries Ltd — Live Price LIVE
₹121.00
INR · BSE
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Issue ₹121.00 GMP: +₹12 Live Price
About Jinkushal Industries Ltd
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:Export trading of customised, modified, and accessorised new construction machines. Delivering tailored solutions to meet client-specific operational and regional requirements.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.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.Competitive Strength: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.
Objects of the Issue
1
Funding the working capital requirements of the Company
2
General Corporate Purposes
Jinkushal Industries Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
N/A
FY 2022-23
₹242.8
31 Mar 2024
₹385.8
31 Mar 2025
Profit After Tax (PAT)
N/A
FY 2022-23
₹18.6
31 Mar 2024
₹19.1
31 Mar 2025
Particulars31 Mar 202531 Mar 2024FY 2022-23
Revenue from Operations 385.81 242.80 N/A
EBITDA 28.60 27.57 N/A
Profit After Tax (PAT) 19.14 18.64 N/A
Net Worth 86.19 43.07 N/A
Total Assets 179.35 109.44 N/A
Reserves & Surplus N/A N/A N/A
Borrowings 54.82 46.04 N/A
EBITDA Margin (%) 7.52%
PAT Margin (%) 5.03%
P/BV Ratio
4.18
RoE
28.30%
RoCE
18.39%
RoNW
21.22%
PAT Margin
5.03%
EBITDA Margin
7.52%
Debt/Equity
0.58
Issue Structure & Shareholding
Total Shares Offered95,99,462 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding2,97,46,000 shares
Post-Issue Promoter Holding3,83,86,000 shares
P/BV Ratio4.18
RoE28.30%
RoCE18.39%
Debt / Equity0.58
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
GYR Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Jinkushal Industries Ltd IPO subscribed?

Jinkushal Industries Ltd IPO is subscribed 1.00 times by Sep 29, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Jinkushal Industries Ltd IPO retail subscription status?

The Jinkushal Industries Ltd IPO retail category is subscribed 1.00 times as of 29 Sep 2025. The retail portion is oversubscribed.

How to subscribe Jinkushal Industries Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 25 Sep 2025 and closes 29 Sep 2025. Min investment: ₹14,520 (1 lot = 120 shares). UPI mandate: 2025-09-29.

How many times Jinkushal Industries Ltd IPO subscribed?

The Jinkushal Industries Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Jinkushal Industries Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 30 Sep 2025. Refunds: on 01 Oct 2025.

When Jinkushal Industries Ltd IPO will be listed?

The Jinkushal Industries Ltd IPO listing date is 03 Oct 2025, Friday. Listed on: NSE & BSE. Issue price: ₹121. Estimated listing: ₹133. GMP: +₹12.

When Jinkushal Industries Ltd IPO close?

The Jinkushal Industries Ltd IPO closes on 29 Sep 2025, Monday. UPI mandate: 2025-09-29. Allotment: 30 Sep 2025. Listing: 03 Oct 2025.