Jinkushal Industries
IPO Timeline
Issue open date
25 Sep 2025Issue close date
29 Sep 2025UPI mandate deadline
29 Sep 2025Allotment finalization
30 Sep 2025Refund initiation
1 Oct 2025Share credit
1 Oct 2025Listing date
3 Oct 2025Mandate end date
14 Oct 2025Lock-in end date for anchor investors (50%)
30 Oct 2025Lock-in end date for anchor investors (remaining)
29 Dec 2025Grey Market Premium Trend
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 20 Sep | ₹51 | ₹172 | 42.15% |
| 19 Sep | ₹51 | ₹172 | 42.15% |
| 18 Sep | ₹51 | ₹172 | 42.15% |
| 17 Sep | ₹51 | ₹172 | 42.15% |
| 16 Sep | ₹51 | ₹172 | 42.15% |
| 15 Sep | ₹51 | ₹172 | 42.15% |
| 14 Sep | ₹0 | ₹121 | 0.00% |
Key Dates
Quick Stats
Issue Details
About the Company
Jinkushal Industries (JKIPL), established in 2007 and headquartered in Raipur, Chhattisgarh, is a prominent Indian enterprise specializing in the export of construction machinery, mining services, and logistics solutions. With a legacy spanning over five decades, JKIPL has evolved from its origins in mining contracting to become a leading exporter of both new and refurbished construction equipment. The company operates across three primary verticals: machinery, mining, and logistics, offering a comprehensive range of services including equipment customization, earthmoving contracts, and warehousing solutions. Recognized as a Three-Star Export House by the Government of India, JKIPL exports to over 30 countries and has launched its own brand, ‘HexL’, to cater to global markets
Strengths
- Recognized as a Three-Star Export House by the Government of India.
- Diversified operations across machinery exports, mining services, and logistics.
- Established global presence with exports to over 30 countries.
- Launch of proprietary brand ‘HexL’ for construction machinery, enhancing market offerings.
Risks
- High working capital requirements due to the nature of operations.
- Exposure to fluctuations in global demand for construction and mining equipment.
- Dependence on third-party suppliers for machinery components and parts.
- Susceptibility to changes in international trade policies and export regulations.
- Competition from both domestic and international players in the construction equipment sector
Jinkushal Industries IPO – Frequently Asked Questions
- The price band for the Jinkushal Industries IPO is set at ₹115 to ₹121 per share.
- The Jinkushal Industries IPO opens on September 25, 2025 and closes on September 29, 2025.
- The tentative listing date for the Jinkushal Industries IPO is October 3, 2025.
- You can apply for the Jinkushal Industries IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Jinkushal Industries, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Jinkushal Industries IPO is 120 shares. Investors must apply for at least one lot (i.e., 120 shares).