Jinkushal Industries IPO

Jinkushal Industries Ltd has opened its IPO on September 25, 2025, which will close on September 29, 2025. The Jinkushal Industries IPO size is ₹116.11 crore, comprising a fresh issue of approximately ₹104.49 crore and an offer for sale (OFS) worth ₹11.61 crore. The issue price band is fixed between ₹115 and ₹121 per share with a face value of ₹10. The minimum lot size is 120 shares, requiring a minimum investment of about ₹14,520. The company’s shares are expected to list on BSE and NSE on or around October 3, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO.

Company Background

Founded in 2007, Jinkushal Industries Limited is engaged in the export trading of new, customized and refurbished construction machinery globally. The company offers a diverse product range, including hydraulic excavators, bulldozers, motor graders, cranes and backhoe loaders. It operates under three verticals: export of new/customized machines, export of refurbished machines and export of its own brand “HexL” construction machines. With presence in more than 30 countries, such as the UAE, Australia and the UK, the company is recognized as a Three-Star Export House by the Directorate General of Foreign Trade.

Operations & Product Range

Facility & Production

The company of Jinkushal Industries IPO sources machinery from reputed original equipment manufacturers (OEMs) and refurbishes used machines in its facilities. It also leases warehouses and rents out construction machinery to enhance its service offerings. Its service and repair team ensures quality and reliability for refurbished machines before export.

Brands & Market Presence

Jinkushal Industries’ brand HexL has been developed to offer competitively priced construction equipment with a reliable service network. The company’s extensive distribution and customer support system reinforces its presence in key international markets, contributing to steady export volumes and client loyalty.

Revenue Channels

• • Export of new customized and accessorized construction machines.
• • Export of used and refurbished construction machinery.
• • Export of own-branded “HexL” construction machinery.
• • Leasing and renting of machinery and warehouses.

Management & Shareholding

Promoters & Shareholding

The promoter group of Jinkushal Industries IPO, led by Anil Kumar Jain and family, holds a majority stake and drives strategic decisions, business expansion and compliance. Their experience in construction machinery export and refurbishment underpins the company’s competitive edge and international footprint. The IPO proceeds will dilute promoter holdings but allow resource mobilization for growth.

Board Members

The board of Jinkushal Industries IPO includes promoter directors and independent professionals tasked with governance, risk management and audit oversight. The governance framework and committees ensure transparent operations and align with the mainboard listing requirements.