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JKIPLEQ / NSE, BSEListed
Jinkushal Industries

Incorporated in November 2007, the company is an export trading business specializing in construction machinery with a global presence. It supplies equipment to more than 30 countries, including the UAE, Mexico, Netherlands, Belgium, South Africa, Australia, and the UK, and has built a strong reputation for quality, customization, and service excellence. The company operates across three main verticals. The first is customised new construction machines, where it exports new, modified, and accessorised machines tailored to meet diverse operational and regional needs. The second vertical is used and refurbished construction machines, offering reliable and cost-effective alternatives that are refurbished to meet performance and global quality standards. The third vertical is its proprietary brand, ‘HexL,’ which currently focuses on backhoe loaders designed for durability, performance, and value. As of April 2025, the company has supplied over 1,500 machines, including 900 new and 600 refurbished units. During the nine months of FY25 ending December 31, 2024, it supplied 1,171 machines, of which 815 were new and 356 refurbished. Its operations are supported by an in-house refurbishment facility staffed with 48 skilled employees, ensuring reconditioning, customization, and adherence to strict technical standards. Additionally, non-exclusive third-party refurbishment centres, operating under the company’s standard operating procedures, provide further support to meet customer requirements.

₹115 - ₹12165.11x sub
Listed Price₹125.00
Listing Gain+3.31%

IPO Schedule & Timeline

Bookbuilding IPO
Open25 Sep 2025
Close29 Sep 2025
Allotment30 Sep 2025
Listing03 Oct 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor28,78,586 shares
29.99%
QIB19,19,057 shares
19.99%
HNI14,39,933 shares
15%
Retail33,61,972 shares
35.02%

Minimum Application Lots

Retail1 Lot (120 shares)
₹14,520
sHNI14 Lots (1,680 shares)
₹2,03,280
bHNI69 Lots (8,280 shares)
₹10,01,880

Company Promoters

Anil Kumar JainAbhinav JainSandhya JainTithi JainYashasvi Jain

Company Background

Incorporated in November 2007, the company is an export trading business specializing in construction machinery with a global presence. It supplies equipment to more than 30 countries, including the UAE, Mexico, Netherlands, Belgium, South Africa, Australia, and the UK, and has built a strong reputation for quality, customization, and service excellence. The...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-25)₹385.81 Cr
Growth+58.9%
Revenue Trend (₹ in Crores)
0.0147.9295.8443.7Mar-24Mar-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-25385.8119.14179.3554.82
Mar-24242.818.64109.4446.04

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-256.1528.30%18.39%18.824.26
Mar-246.2755.19%29.44%00
Mar-233.451.95%34.11%00

Peer Comparison & Valuation

Financial Performance

Action Construction Equipment Limited

NAV/Share (₹)135.6
RONW(%)25.34
EPS (Basic) (₹)34.37

Jinkushal Industries Limited

NAV/Share (₹)28.98
RONW(%)21.22
EPS (Basic) (₹)6.15

Vision Infra Equipment Solutions Limited

NAV/Share (₹)66.82
RONW(%)20.68
EPS (Basic) (₹)15.97

Valuation

Action Construction Equipment Limited

P/E(X)31.18
CMP* (₹)1071.5
Face value (₹)2

Jinkushal Industries Limited

P/E(X)NA
CMP* (₹)NA
Face value (₹)10

Vision Infra Equipment Solutions Limited

P/E(X)10.94
CMP* (₹)174.75
Face value (₹)10

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
30 Sep 2025
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
03 Oct 2025

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Jinkushal Industries. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization30 Sep 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date03 Oct 2025Trading commences on exchange

How to Check Jinkushal Industries Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Jinkushal Industries from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Jinkushal Industries IPO

Complete issue overview for Jinkushal Industries (JKIPL) IPO. The issue features an equity share price band of ₹115 – ₹121 per share with a minimum retail lot size of 120 Shares (minimum application amount of ₹14,520). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions