The stock market in India is buzzing again with a new offering. Jinkushal Industries Limited is launching its Initial Public Offering (IPO) in September 2025. The company works in the export business of construction machinery and has gained attention from investors in recent years. If you are planning to apply, it is important to understand the issue size, price band, lot size, company profile, and possible risks. Here is a simple and clear breakdown of the Jinkushal Industries IPO.
IPO Dates and Price Band
The Jinkushal Industries IPO opens for subscription on September 25, 2025, and closes on September 29, 2025. The price band is fixed at ₹115 to ₹121 per share, with a face value of ₹10 each.
The IPO lot size is 120 shares, which means retail investors must apply for at least one lot. At the upper price band, the minimum investment will be around ₹14,520.
The shares are expected to be listed on October 3, 2025, on both NSE and BSE.
Issue Size and Structure
The total IPO size is expected to be around ₹116 crore. The issue includes both fresh shares and an offer for sale (OFS).
- Fresh Issue: Around 86 lakh new shares will be issued to raise funds.
- Offer for Sale: Promoters will sell about 9.6 lakh shares.
This structure allows the company to raise new capital while also giving promoters a chance to offload some holdings.
Use of Funds
The money collected from the IPO will be used for:
- Working Capital Needs – to manage day-to-day operations and business expansion.
- General Corporate Purposes – for administration, marketing, and other growth-related expenses.
By raising these funds, Jinkushal Industries plans to strengthen its financial position and improve its business capacity.
Company Profile
Jinkushal Industries is engaged in exporting new, customized, and refurbished construction machinery. The company has created a presence in more than 30 international markets. It also has its own brand line, which helps it offer a mix of products and services.
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Over the years, the company has earned recognition for its export performance, which builds trust among overseas clients.
Financial Performance
The company has shown steady revenue growth in recent financial years. In one year, revenue jumped more than 50 percent, highlighting strong demand for its products. Profits have also improved, although operating margins have faced pressure due to rising costs.
Strengths of Jinkushal Industries
- Strong export focus with a wide international customer base.
- Experience in both refurbished and customized machinery.
- Own product brand, which supports recognition in global markets.
- Awarded for export performance, giving credibility in the industry.
Risks to Keep in Mind
- Heavy dependence on exports means the company is exposed to global trade conditions, currency fluctuations, and foreign regulations.
- Working capital is high, which means a large part of funds stays tied up in inventory and receivables.
- Profit margins are sensitive to rising input and transportation costs.
Should You Invest?
For retail investors, the minimum entry is one lot of 120 shares. If you believe in the long-term demand for construction machinery and India’s growing role in global exports, this IPO may be interesting.
However, investors should also consider risks such as global market uncertainties and pressure on margins. As with any IPO, it is best to apply after understanding your financial goals and risk tolerance.
Conclusion
The Jinkushal Industries IPO is one of the much-awaited issues of September 2025. With a price band of ₹115–₹121 and a lot size of 120 shares, it offers investors a chance to participate in the growth story of a fast-expanding export company. While the company has strong credentials and rising revenues, risks related to exports and costs should not be ignored.
Investors looking for growth opportunities may find this IPO worth considering, but a careful approach is always wise.
Disclaimer: This article is based on publicly available information and estimates. It is not financial advice. Please consult a financial advisor before making any investment decisions.
