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Jinkushal Industries has released IPO and all details of IPO such as last date to apply, price, prospectus PDF and all other details are given below.
Jinkushal Industries IPO Details
IPO Open Date | September 25, 2025 |
IPO Close Date | September 29, 2025 |
Face Value | ₹10 Per Equity Share |
IPO Price Band | ₹115 to ₹121 Per Share |
Issue Size | Approx ₹116.11 Crores |
Fresh Issue | Approx ₹104.49 Crores |
Offer for Sale | Approx 9,59,548 Equity Shares |
Issue Type | Book Built Issue |
IPO Listing | BSE, NSE |
Download Prospectus PDF | Click Here |
Jinkushal Industries IPO Dates and Schedule
IPO Open Date | September 25, 2025 |
IPO Close Date | September 29, 2025 |
Basis of Allotment | September 30, 2025 |
Refunds | October 1, 2025 |
Credit to Demat Account | October 1, 2025 |
IPO Listing Date | October 3, 2025 |
IPO Bidding Cut-off Time | September 29, 2025 – 5 PM |
About Jinkushal Industries IPO
Jinkushal Industries Limited, founded in November 2007, is a global export trading company that supplies construction machinery to more than thirty countries, including the UAE, Mexico, Netherlands, Belgium, South Africa, Australia, and the UK. The company has built a strong reputation for delivering quality machines, customized solutions, and excellent service.
Its business operates across three main areas. The first is the export of new construction machines that are customized, modified, and accessorized to meet specific client and regional requirements. The second is the export of used and refurbished machines, which are carefully reconditioned to provide reliable and cost-effective alternatives while meeting quality standards. The third is the export of machines under its own brand, HexL, which currently includes backhoe loaders designed for performance, durability, and value in international markets.
As of April 2025, Jinkushal Industries had supplied more than 1,500 machines, with 900 being new and 600 used or refurbished. The company showed rapid growth by supplying 1,171 machines in the nine months ending December 31, 2024, which included 815 new and 356 refurbished machines. Its in-house refurbishment facility, supported by 48 skilled employees, plays an important role in customizing and reconditioning pre-owned machines. This ensures consistent quality and performance, while additional independent refurbishment partners also follow the company’s technical guidelines and procedures.
Jinkushal has a strong procurement network of 228 suppliers, consisting of 172 contractors, 51 traders, and five manufacturers. By December 31, 2024, the company employed 90 permanent staff and 21 interns. With strong infrastructure, global presence, and a customer-focused approach, Jinkushal Industries continues to expand its operations and strengthen its position in the international construction equipment market.
Its competitive advantages include being a leading exporter of construction machines in the UAE and USA through subsidiaries, contributing to the circular economy through refurbishment and reuse, having a diversified market presence with optimized machine solutions, and maintaining an efficient supply chain that supports its export operations.