Jinkushal Industries IPO

Jinkushal Industries IPO is a book build issue of Rs 116.11 crores, comprising a fresh issue of Rs 104.49 crores (0.86 crore shares) and an offer for sale of Rs 11.61 crores (0.10 crore shares). The IPO opens on September 25, 2025, and closes on September 29, 2025, with allotment expected on September 30, 2025. Shares will list on BSE and NSE on October 3, 2025. The price band is Rs 115 to Rs 121 per share, with a lot size of 120 shares, requiring a minimum retail investment of Rs 14,520. GYR Capital Advisors Pvt. Ltd. is the lead manager, and Bigshare Services Pvt. Ltd. is the registrar.

Jinkushal Industries IPO Details

Check out the issue details for Jinkushal Industries IPO as disclosed in SEBI.

Price Band

₹ 115 - 121

Issue Size

116.11 Cr.

Issue Type

Book Built

Open

2025-09-25

Close

2025-09-29

Listing Date

2025-10-03

Jinkushal Industries News

Jinkushal Industries coming with IPO to raise upto Rs 116 crore23 Sep 2025, 5:27PM

Company Financials

You can get the following financial statements of Jinkushal Industries as of now.

Company Name

Jinkushal Industries

Exchange

NSE: JKIPL

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Jinkushal Industries IPO Details

The details about the Jinkushal Industries IPO are as follows:

  • The issue size of the IPO is Rs 116.11 Cr.
  • The price band for Jinkushal Industries IPO is Rs 115 to Rs 121.
  • The shares of Jinkushal Industries IPO will list on BSE and NSE.
  • The latest tentative GMP of Jinkushal Industries IPO is Rs 22.
  • The shares of Jinkushal Industries IPO are subscribed 2.29 Times.

 

Jinkushal Industries IPO Valuation

The approximate valuation of Jinkushal Industries IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 121
Existing Shares (Qty) 2.97 Cr
Fresh Issue Rs 104.49 Cr
Market Cap Rs 463.86 Cr
EPS (FY25) Rs 6.15
PE Ratio 19.67x
Industry PE 21.06x

 

Jinkushal Industries IPO Issue Size

Jinkushal Industries IPO issue size is Rs 116.11 Cr.

Issue Amount
Fresh Issue Rs 104.49 Cr
Offer For Sale Rs 11.61 Cr

 

Jinkushal Industries IPO Market Lot

An individual can apply for a minimum of 1 lot of 120 shares and a maximum of 13 lots (1,560 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 120 Rs 14,520
Retail Maximum 13 1,560 Rs 1,88,760

 

Jinkushal Industries IPO Share Offer

The shares of Jinkushal Industries IPO are subscribed 2.29 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

Jinkushal Industries IPO GMP (Grey Market Premium)

As on GMP (Tentative)
25 September 2025 Rs 22

Jinkushal Industries IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Jinkushal Industries IPO Dates

Find below the dates for Jinkushal Industries IPO

Schedule Date
Basis of Allotment 30 Sep 2025
Refunds 1 Oct 2025
Credit to Demat Account 1 Oct 2025
IPO Listing Date 3 Oct 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024
Net Sales 176.96 233.45 238.59
Total Expenditure 166.66 219.22 214.97
Operating Profit 10.3 14.24 23.62
Other Income 2.01 0.44 4.21
Interest 0.63 0.69 2.05
Depreciation 0.47 0.63 0.79
Exceptional Items 0 0 0
Profit Before Tax 11.22 13.37 24.99
Provision for Tax 2.64 3.25 6.09
Net Profit 8.57 10.12 18.91
Adjusted EPS (Rs.) 0.29 0.34 0.64

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 0.14 0.14 0.14
Total Reserves 14.31 24.36 43.19
Borrowings 1.85 0.33 0
Other N/C liabilities 0.43 0.59 1.34
Current liabilities 23.63 27.16 69.27
Total Liabilities 40.35 52.57 113.94
Assets
Net Block 4.56 8.73 10.22
Capital WIP 0.57 0.57 0
Intangible WIP 0 0 0
Investments 0.6 0.6 1.17
Loans & Advances 0.09 0.8 0.96
Other N/C Assets 0.06 0.07 0.06
Current Assets 34.48 41.8 101.54
Total Assets 40.35 52.57 113.94
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024
Profit from operations 11.22 13.37 24.99
Adjustment -0.68 1.59 -0.02
Changes in Assets & Liabilities -4.54 -1.45 -44.49
Tax Paid -3.22 -3.09 -5.72
Operating Cash Flow 2.78 10.42 -25.23
Investing Cash Flow -4.6 -4.62 -7.96
Financing Cash Flow 3.22 3.97 27.87
Net Cash Flow 1.4 9.77 -5.32

Jinkushal Industries IPO: Date, Share Price, Review & Details

Jinkushal Industries, a Chhattisgarh-based exporter of construction machinery, is set to launch its Initial Public Offering (IPO) on September 25, 2025. The company specialises in the export trading of new, customised, and refurbished construction machines to over 30 countries, including the UAE, UK, Mexico, Belgium, South Africa, and Australia.

About Jinkushal Industries Ltd.

Jinkushal Industries operates as a key player in the global construction machinery market. The company's product portfolio is diverse and includes a wide range of heavy machinery such as:

  • Hydraulic excavators

  • Motor graders

  • Backhoe loaders

  • Soil compactors

  • Wheel loaders

  • Bulldozers

  • Cranes

  • Asphalt pavers

The company has positioned itself as the largest exporter of non-OEM (Original Equipment Manufacturer) construction machinery, holding a 6.9% market share. It also exports its proprietary brand, HexL, which currently includes backhoe loaders.

Jinkushal Industries IPO Details (2025)

  • IPO Open Date: September 25, 2025

  • IPO Close Date: September 29, 2025

  • Price Band: Rs 115 – Rs 121 per share

  • Lot Size: 120 shares

  • Minimum Investment: Rs 14,520 for retail investors at the upper price band.

  • Issue Size: Rs 116.11 crore, which includes a fresh issue of 86.36 lakh shares (worth Rs 104 crore) and an Offer for Sale (OFS) of 9.60 lakh shares (worth Rs 11.61 crore) by the promoters.

  • Listing: The shares will be listed on both the BSE and NSE, with a tentative listing date of October 3, 2025.

  • Registrar: Bigshare Services Pvt. Ltd.

Use of IPO Proceeds

The funds raised from the fresh issue will be primarily used for:

  • Strengthening the company's long-term incremental working capital (Rs 72.67 crore).

  • General corporate purposes.

Financial Performance

For the fiscal year ending March 2025, Jinkushal Industries reported:

  • Revenue: Rs 380.6 crore, a significant increase of 59.5% from the previous year.

  • Net Profit: Rs 19.14 crore, a modest growth of 2.65% year-on-year.

  • EBITDA Margin: The EBITDA margin declined to 6.1% from 9.79% in the previous year, which could indicate increased competitive pressures or higher input costs.

What You Can Find on This Page

This page provides a comprehensive overview of the Jinkushal Industries IPO, including:

  • Live IPO Subscription Status: Track the subscription numbers for QIB, NII, and retail categories in real-time.

  • Grey Market Premium (GMP): Get the latest GMP updates to gauge market sentiment.

  • Allotment and Listing Information: Find out the allotment status and track the share price once it is listed. The allotment is expected to be finalized on September 30, 2025.

  • Financial Data: Access detailed financial statements and key performance indicators.

  • Analyst Reviews: Read expert opinions and recommendations on whether to subscribe to the IPO.

Frequently Asked Questions (FAQs) about Jinkushal Industries IPO

Q1: What are the key dates for the Jinkushal Industries IPO?
The IPO is open from September 25 to September 29, 2025. The tentative listing date is October 3, 2025.

Q2: What is the price band and lot size for the IPO?
The price band is Rs 115 to Rs 121 per share, with a minimum lot size of 120 shares.

Q3: What is the total issue size of the IPO?
The total IPO size is Rs 116.11 crore, comprising a fresh issue of Rs 104 crore and an OFS of Rs 11.61 crore.

Q4: How can I check the IPO allotment status?
You can check the allotment status on the registrar's website, Bigshare Services Pvt. Ltd., after the allotment date, which is scheduled for September 30, 2025.

For the latest updates on the Jinkushal Industries IPO, including subscription details, GMP, and listing information, keep visiting this page.

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