Jinkushal Industries
03 Oct '25MAINBOARD
Min. Investment
₹13,800
Issue size
₹116.1 Cr
GMP
Locked
Overall subscription: 43.9x
Check allotment status
Expert verdict
IPO dates
25 Sep
Opening
29 Sep
Closing
30 Sep
Allotment
03 Oct
Listing
*Refunds will be initiated on 01 Oct '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 120 | ₹14,520 |
| HNI (Min) | 14 | 1680 | ₹2,03,280 |
Subscription (as on 07 November 2025, 06:30 PM)
Overall43.9x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2007|MD: Mr Anil Kumar Jain
- Jinkushal Industries is engaged in the export trading of new, customised, and used or refurbished construction machines to global markets. The company operates three primary business verticals: export of new construction machines that are modified, customised, or accessorised; export of used and refurbished construction machines; and export of construction machines under its own brand, ‘HexL’, currently focused on backhoe loaders. Jinkushal Industries also generates a small portion of revenue from leasing logistics warehouses and renting construction machines.
- The company specialises in construction equipment, including hydraulic excavators, motor graders, backhoe loaders, soil compactors, wheel loaders, bulldozers, cranes, and asphalt pavers. Its operations involve refurbishing and customising machines either in-house or through third-party vendors to meet international standards and customer specifications.
- Jinkushal Industries operates an in-house refurbishment facility in Raipur, Chhattisgarh, and manufactures its HexL brand machines through third-party contract manufacturers in China. It also has international subsidiaries, including Hexco Global FZCO in the United Arab Emirates (UAE) and Hexco Global USA LLC, to support its global trading operations.
Issue Details & Objective
Lot size
120 Shares
Price band
₹115 to 121
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 23.07%
QIB - 38.45%
HNI - 11.54%
Retail - 26.94%
Download DRHP (IPO Doc)FAQs
Should I apply for the Jinkushal Industries IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Jinkushal Industries IPO?
The issue size of Jinkushal Industries IPO is ₹116.1 Cr
What are the open and close dates for Jinkushal Industries IPO?
The Jinkushal Industries IPO will be open for applications from 25 Sep '25 to 29 Sep '25
What is the lot size and minimum order quantity of Jinkushal Industries IPO?
The lot size of Jinkushal Industries IPO is 120 Shares and its minimum investment amount is ₹13,800.
What is the GMP value of Jinkushal Industries IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Jinkushal Industries IPO is 34.71
