Jinkushal Industries IPO: Detailed Insights and Investment Potential
Jinkushal Industries IPO: Detailed Insights and Investment Potential
Jinkushal Industries is gearing up for its Initial Public Offering (IPO), poised to attract the attention of investors. This article will provide an in-depth analysis of the upcoming Jinkushal Industries IPO, covering all necessary details.
Company Overview
Founded in 2005, Jinkushal Industries is a leading player in the Indian construction machinery sector, primarily involved in the export of used and new construction equipment. The company is based in Raipur, Chhattisgarh, and has established a strong procurement network, offering a range of machinery including excavators and dozers.
IPO Details
- IPO Type: Mainline
- Issue Size: ₹116.11 Crores (Fresh Issue + Offer for Sale)
- Price Band: ₹115 to ₹121 per equity share
- Lot Size: 120 shares
- GMP: To be announced closer to launch date
- Open Date: September 25, 2025
- Close Date: September 29, 2025
- Listing Date: October 3, 2025
IPO Objectives
The primary objectives of the Jinkushal Industries IPO include:
- Funding working capital requirements
- General corporate purposes
Pre-IPO Placements and Major Investors
Details on pre-IPO placements and major investors are not readily available. However, it is common for well-established companies in the sector to attract strategic investors who understand their business model.
Financial Highlights
Jinkushal Industries has shown a robust financial performance over the past three years:
- FY 2022: Revenue: ₹15.91 Crores, PAT: ₹9.81 Crores, ROE: 10.77%
- FY 2023: Revenue: ₹18.80 Crores, PAT: ₹12.85 Crores, ROE: 12.24%
- FY 2024: Revenue: ₹24.24 Crores (Projected), PAT: ₹17 Crores (Projected), ROE: 15% (Projected)
Peer Comparison
Jinkushal Industries operates in a competitive market. Here’s a brief comparison with some peers:
- Action Construction Equipment – Market Cap: ₹1,900 Crores, P/E Ratio: 32
- Indian Equipment Limited – Market Cap: ₹1,500 Crores, P/E Ratio: 28
Strengths
- Diversified product range
- Established procurement network
- Strong export capabilities
Risks
- Market volatility impacting demand for construction equipment
- Dependency on international markets
Expert Verdict
Given its established position in the machinery sector and robust growth metrics, Jinkushal Industries appears to be a promising investment. Investors should consider the IPO as a potential opportunity to gain exposure in the construction and machinery industry.
Subscription Status
The subscription status will be updated once the IPO is live from September 25 to September 29, 2025. Watch for the performance across categories such as QIB, NII, and Retail.
Allotment & Listing Timeline
- Allotment Date: September 30, 2025
- Listing Date: October 3, 2025
FAQs
- What is the minimum investment requirement?
The minimum investment is ₹14,520, for a full lot of 120 shares. - How to apply for the IPO?
You can apply through registered brokers or using mobile applications such as Zerodha, Groww, etc.
How to Apply
For detailed steps on how to apply for the Jinkushal Industries IPO, you can visit Zerodha IPO Application.