Jinkushal Industries Limited IPO

Jinkushal Industries Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹115 - ₹121

Total Issue

₹116.11 Cr

Bid Dates

25 Sep - 29 Sep

Subscription

65.10x

Est. GMP

₹17 (14.05%)

Website RHP Check Allotment

Jinkushal Industries IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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

Jinkushal Industries IPO Lot Size

Lot Information for Jinkushal Industries IPO
Category Lots Shares Amount
Retail (Min) 1 120 ₹14,520
Retail (Max) 13 1,560 ₹1,88,760
S-HNI (Min) 14 1,680 ₹2,03,280
S-HNI (Max) 68 8,160 ₹9,87,360
B-HNI (Min) 69 8,280 ₹10,01,880

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
₹0.00
Shareholder
₹0.00

Jinkushal Industries IPO Size

Total ₹116.11 Cr
Fresh Issue
₹104.49 Cr (0.86 Cr Shares)
Offer For Sale
₹11.61 Cr (0.10 Cr Shares)

Objects of Issue

  1. Funding the long-term incremental working capital requirements of the Company
  2. General corporate purposes

Jinkushal Industries IPO Live Subscription

Updated as on 29-Sep-2025 19:00:00

Mainboard Subscription Status for Jinkushal Industries IPO
Category Sub (x) Offered Bids
QIB 35.70 19,19,242 6,85,11,240
NII 146.45 14,39,322 21,07,93,920
bHNI 141.11 9,59,548 13,54,04,760
sHNI 157.13 4,79,774 7,53,89,160
Retail 47.12 33,58,419 15,82,64,400
Total 65.14 67,16,983 43,75,69,560

Jinkushal Industries IPO GMP

GMP ₹17
Est. Price ₹138
Est. Gain 14.05%

Peer Comparison

(Rs. in crores)

Jinkushal Industries IPO Peer Comparison Table
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

Financials

(Rs. in crores)

Financial Performance Metrics for Jinkushal Industries IPO
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

KPIs

EBITDA

7.52%

PAT

5.03%

ROE

28.30%

ROCE

18.39%

Debt to Equity

0.58

All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

100.00%

Public

0.00%

Anil Jain 56.00%
Abhinav Jain 18.00%
Sandhya Jain 10.00%
Tithi Jain 10.00%
Others 6.00%

Management

Anil Jain Chairman & MD

Registrar & Lead Managers

Lead Managers (1)

Frequently Asked Questions

What is Jinkushal Industries IPO?
Jinkushal Industries IPO is a Mainboard IPO having an issue size of ₹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.
When will Jinkushal Industries IPO open?
Jinkushal Industries IPO opens on 25 Sep 25 and closes on 29 Sep 25.
What is the GMP of Jinkushal Industries IPO?
The estimated Grey Market Premium of Jinkushal Industries IPO is ₹17 per share (14.05%).
What is the lot size of Jinkushal Industries IPO?
The minimum lot size of Jinkushal Industries IPO is 120 shares & the minimum application amount is Rs. 14520.
When is the allotment of Jinkushal Industries IPO?
The allotment date of Jinkushal Industries IPO is 30 Sep 25.
What is the listing date of Jinkushal Industries IPO?
The listing date of Jinkushal Industries IPO is 03 Oct 25.
What is the subscription of Jinkushal Industries IPO?
Jinkushal Industries IPO is subscribed 65.10 times.
What is the price band of Jinkushal Industries IPO?
Jinkushal Industries IPO is priced at ₹115 - ₹121 per share.
How to check allotment status of Jinkushal Industries IPO?
Click the allotment link on Jinkushal Industries IPO page of IPO360.
How to apply Jinkushal Industries IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Jinkushal Industries IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Jinkushal Industries IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Jinkushal Industries IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date