IPO Details
Bidding Dates
25 Sept 25 - 29 Sept 25
Price Range ₹
115 - 121
Total Equity
₹ 116.77Cr
Lot Size
120
Exchange Status
NSE,BSE
IPO Doc
Subscription Rate
Non-Institutional Investor
47.10×
Qualified Institutional Buyers
35.66×
Employees
0.00×
Retail Investors
47.10×
Total subscription Rate
65.10×
IPO Timeline
Offer start
25 Sept 2025
Offer end
29 Sept 2025
Allotment
30 Sept 2025
Refund initiation
01 Oct 2025
Demat transfer
01 Oct 2025
Listing
03 Oct 2025
Offer start
25 Sept 2025
Offer end
29 Sept 2025
Allotment
30 Sept 2025
Refund initiation
01 Oct 2025
Demat transfer
01 Oct 2025
Listing
03 Oct 2025
About Company
Jinkushal Industries Limited, founded in November 2007, is a global export trading company specializing in construction machinery. It operates in over 30 countries, including the UAE, Mexico, Netherlands, South Africa, Australia, and the UK, with a strong reputation for quality, customization, and service excellence. The company has three main segments: trading of customized new construction machines, used and refurbished machines, and its own brand ‘HexL’ backhoe loaders. As of April 2025, Jinkushal has supplied over 1,500 machines, supported by its in-house refurbishment facility and a network of non-exclusive refurbishment centers. The company’s procurement network includes 228 suppliers, with a workforce of 90 permanent employees and 21 interns.
Year Founded
27-11-2007
Promotor Details
Anil Kumar Jain
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 100 | 0 |
| Share Capital | 29745786 | 0 |
Offer to Public
96,50,000.00 Cr
Project Details
- Funding the working capital requirements of the Company - 726.75cr
Objectives
- To meet the Working Capital Requirements
- andGeneral Corporate Purposes
Highlights
- Established global presence across 30+ countries with strong export credentials.
- Diverse business verticals including new, used, refurbished, and proprietary ‘HexL’ machines.
- In-house refurbishment facility enhancing quality control and customization.
- Strong supplier network and skilled workforce supporting operations.
- Demonstrated rapid growth with a significant increase in machine supplies recently.
Challenges
- Workforce size limited relative to scale, potentially constraining rapid expansion.
- Dependence on global demand and export market fluctuations.
- Exposure to currency and geopolitical risks impacting international trade.
- Competitive industry with pressure on pricing and margins.
- Reliance on refurbishment centers which may impact consistency.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2024 | 11,508.30 | 13.90 | 1,864.45 | 1,864.45 | 6.2679 |
| 2025 | 18,393.26 | 13.90 | 1,914.00 | 1,829.12 | 6.1491 |
