On October 03, 2025, Jinkushal Industries made its stock market debut with a modest premium of around 3% over its IPO price, despite robust investor interest that saw the issue subscribed 65.10 times during the bidding window from September 25 to 29.
Ahead of its public offering, Jinkushal Industries had raised ₹35 crore from anchor investors. The company intends to utilise the net proceeds from the fresh issue to bolster its working capital and for general corporate purposes.
Jinkushal Industries shares were listed at ₹125.05 apiece on the NSE, reflecting a 3.31% premium over the upper end of the IPO price band of ₹115–121. Similarly, on the BSE, the stock opened at ₹125, translating to the same premium. Following the listing, the company’s market capitalisation stood at approximately ₹479.83 crore.
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Headquartered in Chhattisgarh, Jinkushal Industries operates in the global export trade of construction equipment, both new (customised or accessorised) and pre-owned/refurbished. The company specialises in a wide range of machinery, including hydraulic excavators, motor graders, backhoe loaders, soil compactors, wheel loaders, bulldozers, cranes, and asphalt pavers.
The company has delivered over 1,500 units, comprising more than 900 new and 600+ refurbished or used construction machines across various international markets.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 3, 2025, 10:47 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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