
Jinkushal Industries IPO Description – Jinkushal Industries is the largest non-OEM exporter of construction machines from India. Recognized as a Three-Star Export House by the Directorate General of Foreign Trade (DGFT), the company has exported over 1,500 construction machines to more than 30 countries, including the UAE, Mexico, the Netherlands, South Africa, Australia, and the UK. The company operates across three key verticals: export trading of customized and accessorized new machines, refurbished used machines, and its brand, “HexL,” which currently includes backhoe loaders.
Between Fiscal 2022 and the nine months ended 31 December 2024, the company supplied 1,171 machines, comprising 815 new (customized) and 356 refurbished units. Its in-house 30,000 sq. ft. refurbishment facility in Raipur, staffed by 48 skilled employees, enables JKIPL to deliver high-quality, ready-to-use machines, reducing the typical four to six-month lead time for new equipment.
The company also engages in Merchant Trade Transactions (MTT), logistics leasing, and machine rentals. Recently, JKIPL launched “HexL” through contract manufacturing in China, selling 36 units to date. With 90 permanent employees and 21 interns, the company continues to strengthen its global footprint and operational efficiency.

Promoters of Jinkushal Industries – Anil Kumar Jain, Abhinav Jain, Sandhya Jain, Tithi Jain, and Yashasvi Jain
Jinkushal Industries IPO Details
| Jinkushal Industries IPO Dates | 25 – 29 September 2025 |
| Jinkushal Industries Issue Price | Coming soon |
| Fresh issue | 86,35,935 shares |
| Offer For Sale | 9,59,548 shares |
| Total IPO size | 95,95,483 shares |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
Jinkushal Industries Financial Performance
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 176.96 | 233.45 | 238.59 | 380.56 |
| Expenses | 167.76 | 220.53 | 218.07 | 361.87 |
| Net income | 8.57 | 10.12 | 18.64 | 18.29 |
| Margin (%) | 4.84 | 4.33 | 7.81 | 4.81 |
Jinkushal Industries Offer News
Jinkushal Industries Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2025 (Post-Issue) | |
| EPS | 3.40 | 6.27 | 6.15 | 4.77 |
| PE Ratio | – | – | – | – |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 59.34 | 41.29 | 43.29 | 21.22 |
| NAV | 4.86 | 8.24 | 14.48 | 28.98 |
| ROCE (%) | 44.58 | 34.11 | 29.44 | 18.39 |
| EBITDA (%) | 6.96 | 6.29 | 11.56 | 7.52 |
| Debt/Equity | 0.80 | 0.66 | 1.06 | 0.58 |
Jinkushal Industries IPO GMP Today (Daily Trend)
Jinkushal Industries’ Offer Objectives
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Funding the working capital requirements of the company – INR 72.68 crore
- General Corporate Purposes
Jinkushal Industries IPO Subscription – Live Updates
Coming soon
Jinkushal Industries – Comparison With Listed Peer
Jinkushal Industries IPO Allotment Status
Jinkushal Industries IPO allotment status will be available on Bigshare Services’ website. Click on this link to get the allotment status.
Jinkushal Industries IPO Dates & Listing Performance
| IPO Opening Date | 25 September 2025 |
| IPO Closing Date | 29 September 2025 |
| Finalization of Basis of Allotment | 30 September 2025 |
| Initiation of refunds | 1 October 2025 |
| Transfer of shares to demat accounts | 1 October 2025 |
| Jinkushal Industries IPO Listing Date | 3 October 2025 |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Jinkushal Industries IPO Reviews – Subscribe or Avoid?
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Jinkushal Industries IPO Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower, Drive-in Road,
Thaltej, Ahmedabad-380 054, Gujarat, India
Phone: +91 8777564648
Email: [email protected]
Website: www.gyrcapitaladvisors.com
Jinkushal Industries Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
JINKUSHAL INDUSTRIES LIMITED
H. No. 260, Ward No. 42, Opp. C. M. House Near
Chhattisgarh Club, Civil Lines, Raipur, Chhattisgarh, 492001
Phone: +91 77091 71934
Email: [email protected]
Website: www.jkipl.in
Jinkushal Industries IPO FAQs
How many shares in the Jinkushal Industries IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in the Jinkushal Industries Public Offer?
The best way to apply for Jinkushal Industries public offer is through Internet banking, ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is the Jinkushal Industries IPO GMP today?
Jinkushal Industries IPO GMP today is INR NA per share.
What is the Jinkushal Industries kostak rate today?
Jinkushal Industries’ kostak rate today is INR NA per application.
What is Jinkushal Industries’ Subject to Sauda rate today?
Jinkushal Industries Subject to Sauda rate today is INR NA per application.



