Jinkushal Industries operates across three key business verticals: (i) export trading of customized, modified, and accessorized new construction machines; (ii) export trading of used and refurbished construction machines; and (iii) export trading of its own brand ‘HexL’ construction machines, currently focused on backhoe loaders. Through these segments, the company caters to a diverse international customer base by offering reliable, value-driven machinery solutions tailored to client needs
Price Band₹115 - ₹121 |
Dates25 Sep - 29 Sep |
GMP₹17 (14.05%) |
Subscriptions65.10 times |
Issue Size₹116.11 Crs |
Jinkushal Industries IPO Objects
- Funding the long-term incremental working capital requirements of the Company
- General corporate purposes
Jinkushal Industries IPO Details
Price Band₹115 - ₹121 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹104.49 Cr (0.86 Cr Shares) |
Offer For Sale₹11.61 Cr (0.10 Cr Shares) |
Total Issue₹116.11 Cr (0.96 Cr Shares) |
Face Value₹10 per equity share |
Jinkushal Industries IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
120
14,520
Maximum
13
1,560
1,88,760
|
|||
| Small HNI |
Minimum
14
1,680
2,03,280
Maximum
68
8,160
9,87,360
|
|||
| Big HNI |
Minimum
69
8,280
10,01,880
|
|||
Jinkushal Industries IPO Subscription
Updated as on 29-Sep-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 35.66 | 19,21,273 | 6,85,11,240 |
| NII | 146.39 | 14,39,933 | 21,07,93,920 |
| bNII (bids above ₹10L) | 141.05 | 9,59,956 | 13,54,04,760 |
| sNII (bids between ₹2L to ₹10L) | 157.07 | 4,79,977 | 7,53,89,160 |
| Retail | 47.10 | 33,59,842 | 15,82,64,400 |
| Total | 65.10 | 67,21,048 | 43,75,69,560 |
Jinkushal Industries IPO GMP
The estimated Grey Market Premium of Jinkushal Industries IPO is ₹17 per share (14.05%)
Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Jinkushal Industries IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 380.56 | 238.59 | 233.45 |
| Profit after Tax | 19.14 | 19.14 | 10.12 |
| Net Worth | 86.19 | 43.07 | 24.50 |
| Total Borrowing | 54.27 | 45.70 | 16.10 |
| Total Assets | 179.35 | 109.44 | 49.39 |
| NAV per share (in ₹) | 28.98 | 14.48 | 8.24 |
| EPS - Basic (in ₹) | 6.15 | 6.27 | 3.40 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 7.52% |
| PAT | 5.03% |
| ROE | 28.30% |
| ROCE | 18.39% |
| Debt to Equity | 0.58 |
| PE Ratio | 19.67 |
| PB Ratio | 4.18 |
| Mkt Cap (in Crs.) | 464.42 |
All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Jinkushal Industries IPO Peer Comparision
| Particulars | Jinkushal | Action Construction | Vision Infra |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 380.56 | 3,327.05 | 443.27 |
| PAT (In Crs.) | 19.14 | 409.24 | 34.05 |
| EPS - Basic | 6.15 | 34.37 | 15.97 |
| NAV per share | 28.98 | 135.60 | 66.82 |
| RONW | 21.22% | 25.34% | 20.68% |
| EBITDA | 7.52% | 17.68% | 28.69% |
| PAT Margin | 5.03% | 12.30% | 7.68% |
| Price to earning (PE) | 19.67 | 31.18 | 10.94 |
| Debt to Equity | 0.58 | 0.01 | 1.69 |
All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of September 1, 2025 for Peers
Jinkushal Industries IPO Peer Comparision
| Particulars | Jinkushal |
|---|---|
| Revenue from Ops (in Crs.) | 380.56 |
| PAT (In Crs.) | 19.14 |
| EPS - Basic | 6.15 |
| NAV per share | 28.98 |
| RONW | 21.22% |
| EBITDA | 7.52% |
| PAT Margin | 5.03% |
| Price to earning (PE) | 19.67 |
| Debt to Equity | 0.58 |
| Action Construction | Vision Infra |
|---|---|
| 3,327.05 | 443.27 |
| 409.24 | 34.05 |
| 34.37 | 15.97 |
| 135.60 | 66.82 |
| 25.34% | 20.68% |
| 17.68% | 28.69% |
| 12.30% | 7.68% |
| 31.18 | 10.94 |
| 0.01 | 1.69 |
All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of September 1, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Anil Jain | 56.00% |
| Abhinav Jain | 18.00% |
| Sandhya Jain | 10.00% |
| Tithi Jain | 10.00% |
| Others | 6.00% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Anil Jain | Chairman & MD |
Company Details
Name: Jinkushal Industries Limited
Address: H. No. 260, Ward No. 42,ÂÂÂÂÂÂ
Chhattisgarh Club, Civil Lines, Raipur,
Chhattisgarh, India
Number: +91 7709171934
Email: compliance@jkipl.in
Website: www.jkipl.in
Book Running Lead Managers (BRLMs)
GYR Capital
Visit WebsiteRTAs
Bigshare Services
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Jinkushal Industries IPO is a Mainboard IPO having an issue size of Rs. ₹116.11 Crs. Jinkushal Industries IPO is priced at ₹115 - ₹121 per share. The issue opens on 25 Sep 25 and closes on 29 Sep 25.
Jinkushal Industries IPO opens on 25 Sep 25 and closes on 29 Sep 25.
The estimated Grey Market Premium of Jinkushal Industries IPO is ₹17 per share (14.05%).
The minimum lot size of Jinkushal Industries IPO is 120 shares & the minimum application amount is Rs. 14520.
The allotment date of Jinkushal Industries IPO is 30 Sep 25.
The listing date of Jinkushal Industries IPO is 03 Oct 25.
Jinkushal Industries IPO is subscribed 65.10 times.
Jinkushal Industries IPO is priced at ₹115 - ₹121 per share.
Click the allotment link on Jinkushal Industries IPO page of IPO360.
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Jinkushal Industries IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
We are a one-stop destination for all your IPO needs. Get reliable, accurate, and timely information for all the IPOs in India!