Jinkushal Industries IPO : All you Need to know
Jinkushal Industries IPO Details
The Jinkushal Industries IPO will open on 25 Sep 2025- 29 Sep 2025. The Total issue size of IPO is ₹116.11 cr. which includes a fresh issue of ₹104.49 cr. and offer for sale ₹11.61 cr.
- IPO Price Band: ₹115-₹121 Per Share
- Lot Size: 120 shares
- Minimum Investment (Retail): ₹13,800 – ₹14520/-
- Allotment Date: 30 Sep 2025
- Listing Date: 03 Oct 2025 on NSE and BSE
| Details | Information |
| IPO Open Date | 25 Sep 2025 |
| IPO Close Date | 29 Sep 2025 |
| Price Band | ₹115-₹121 Per Share |
| Lot Size | 120 shares |
| Minimum Investment | ₹13,800 – ₹14,520/- |
| Issue Size | ₹116.11 cr. |
| Allotment Date | 30 Sep 2025 |
| Listing Date | 03 Oct 2025 on NSE and BSE |
| Jinkushal Industries IPO GMP | ₹42-38 (35%) |
Jinkushal Industries IPO GMP
As per market reports, the Jinkushal Industries GMP is trading around ₹42 above issue price. This shows some positive demand before listing, but GMP can change quickly.
Jinkushal Industries IPO Issue Size
The Jinkushal Industries Ltd. IPO will open for subscription on 25 September 2025 to 29 September 2025. The Company wiill planning to raise ₹116.11 cr through this public issue, which is mix of fresh issue and Offer for sale (OFS).
- Fresh Issue: ₹104.49 cr funds raised here will go directly into the company for expansion, debt repayment, and working capital needs.
- Offer For Sale: ₹11.61 cr existing shareholders will sell part of their stake, but the proceeds will not go to the company.
Jinkushal Industries Ltd. IPO Lot Size
Investors can apply for the IPO in lots. The Jinkushal Industries IPO Lot Size is fixed at 120 shares per lot.
Below is the table showing lot size details for Retail Investors and **HNIs (High Net Worth Individuals):
| Application | 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 |
Jinkushal Industries Ltd. IPO Prospectus
Jinkushal Industries IPO Reservation
The IPO shares are divided among different investor categories. Here is the Jinkushal Industries IPO reservation (quota) details:
| Investor Category | Reservation % |
| QIB (Qualified Institutional Buyers) | 50% of the issue |
| NII / HNI (Non-Institutional Investors) | 15% of the issue |
| Retail Investors | 35% of the issue |
How to Apply for Jinkushal Industries IPO
Applying for the Jinkushal Industries IPO is simple. You can apply through your demat account, net banking (ASBA), or brokerage app like Zerodha, Upstox, Groww, Angel One, ICICI Direct, etc.
Step-by-Step Guide
- Login to Your Demat Account
- Open your broker app (like Zerodha, Groww, Upstox) or net banking (like HDFC, ICICI, SBI).
- Go to IPO Section
- Look for the “IPO” tab or “Current Issues” option.
- Select
- Click on Jinkushal Industries IPO Apply option.
- Choose Your Category & Lot Size
- Retail Investor: Minimum 1 lot = 120 shares.
- HNI (sHNI/bHNI): Higher multiples (check the Jinkushal Industries IPO lot size table above).
- Enter Bid Price
- You can bid at the cut-off price (safest option) or enter a price within the band ₹115 – ₹121
- Confirm & Submit
- Enter your UPI ID (if using UPI) and approve the mandate on your UPI app.
- For ASBA (net banking), the amount will be a blocked in your bank account.
- IPO closes on 29 September 2025.
- Allotment date: 30 September 2025.
- Check status on Bigshare services Pvt. Ltd.
Jinkushal Industries Ltd. Promotors Holding
- Anil Kumar Jain
- Abhinav Jain
- Sandhya Jain
- Tithi Jain
- Yashasvi Jain
| Description | Percentage (%) |
| Promoter Holding Pre-Issue | 100 |
| Promoter Holding Post-Issue |
Key Performance Indicators for Jinkushal Industries Ltd. IPO
| KPI | Value |
| Return on Capital Employed (ROCE) | 18.39% |
| EBITDA Margin | 7.52% |
| Price to Earning (P/E) Pre IPO | 18.8 |
| Return on Net Worth (RoNW) | 21.22% |
| PAT Margin (%) | 5.03% |
| Return On Equity (ROE) | 28.30% |
| Debt/Equity | 0.58 |
| Price to Book Value (P/BV) | 4.18 |
Jinkushal Industries Ltd. IPO Registrar and Lead Managers
Jinkushal Industries Ltd. IPO Lead Managers.
- GYR Capital Advisors Pvt Ltd
Jinkushal Industries IPO Registrar
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
website: Bigshare services Pvt. Ltd.
Jinkushal Industries Ltd. Financial (in Crs)
| 31-Mar-25 | 31-Mar-24 | |
| Assets | 179.35 | 109.44 |
| Revenue | 385.81 | 242.80 |
| Profit After Tax | 19.14 | 18.64 |
| Net Worth | 86.19 | 43.07 |
| Reserve And Surplus | ||
| Total Borrowing | 54.82 | 46.04 |
About Jinkushal Industries Company
Jinkushal Industries Limited founded in 2007 Headquartered in Raipur, Chhattisgarh, India. Jinkushal Industries is an exporter and trader of construction machinery.
Export of new/customised & accessorised construction machinery — they take machinery (new) and customize or accessorize them for export markets.
Export of used/refurbished machines — they procure used machines, refurbish them (in-house and via third parties), then export globally.
Export under their own brand “HexL” — currently they are marketing backhoe loaders under their HexL brand. The manufacturing is via contract manufacturers according to their specifications.
They export to 30+ countries, including Mexico, UAE, Netherlands, UK, Belgium, South Africa, Australia etc.
Jinkushal Industries has supplied more than 1,500 construction equipment, comprising 900 new and 600 used/refurbished. The company showcased quick growth by supplying 1,171 machines within the nine months up to December 31, 2024, with 815 new and 356 used/refurbished in this timeframe.The company’s own Refurbishment Facility, with 48 trained staff, is crucial in customising and refurbishing used machinery to meet customer needs.
Jinkushal Industries
H. No. 260, Ward No. 42 Opp. C. M. House Near Chhattisgarh Club, Civil Lines Raipur, Chhattisgarh, 492001
Email: compliance@jkipl.in
Website: www.jkipl.in

Stay Ahead with Busyshell.com
DISCLAIMER
The information provided on this website is strictly for educational and informational purposes only. We do not recommend any specific investments.
All content, including but not limited to articles, analysis, market updates, IPO information, stock recommendations, and financial data, should not be construed as personalized investment advice or solicitation to buy or sell any securities.
We are not SEBI registered advisors. This content is for informational and educational purposes only and should not be considered as investment advice.
