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Operates as a prominent player in the global export trading landscape, dealing in new, customized, and used/refurbished construction machinery. The global market for used construction equipment is expected to reach USD 177.2 billion by CY29, with a CAGR of 6.0% during the forecast period.
Growth drivers are Technological Advancement, Infrastructure Development, Rising consumer demand and Global Trade and investment
| Revenue | ₹238.59 cr | ₹385.80 cr (+61.70%) | |
| PAT | ₹18.64 cr | ₹19.14 cr (+2.68%) | |
| PAT Margin | 7.81 % | 4.96 % (-36.49%) | |
| EBITDA | ₹27.56 cr | ₹28.58 cr (+3.70%) | |
| EBITDA Margin | 11.55 % | 7.41 % (-35.84%) | |
| ROE | 43.28 % | 20.49 % (-52.66%) | |
| ROCE | 29.44 % | 18.39 % (-37.53%) | |
| D/E | 1.06 | 0.58 (-45.28%) |
JIL primarily operates across three primary business verticals; (i) export trading of customized, modified and accessorized new construction machines; (ii) export trading of used/refurbished construction machines; and (iii) export trading of own brand ‘HexL’ construction machines (presently in category of backhoe loaders) to cater a diverse international customer base. Each of these verticals is structured to improve operational efficiency and reach a wide customer base, ensuring that its exported machines align with the required performance standards, durability expectations, and specific application needs. In addition to aforementioned primary business verticals, it also derives a small portion of revenue from (i) logistics warehouses leasing; (ii) renting of construction machines.
PE Ratio: 24.26x Average Sector PE Ratio: 17.00x
| QIB Shares Offered: | 4797557 |
| - Anchor Investor Shares Offered: | 2878500 |
| − QIB (Ex. Anchor) Shares Offered : | 1919057 |
| NII (HNI) Shares Offered: | 1439933 |
| - bNII > ₹10L: | 959955 |
| - sNII < ₹10L: | 479978 |
| Retail Shares Offered: | 479978 |
| Total Shares Offered: | 6717468 |
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 120 | ₹14520 |
| Retail (Max) | 120 | 1560 | ₹188760 |
| S-HNI (Min) | 14 | 1680 | ₹203280 |
| S-HNI (Max) | 68 | 8160 | ₹987360 |
| B-HNI (Min) | 69 | 8280 | ₹1001880 |
Avg IPO Size (Sector Based):
₹ 814.11 cr.
Average Sector PE Ratio:
17.00 X
Listing Price:
₹ 125.00
Jinkusal Industries Private Limited (JKIPL) is a prominent player in the global export trading landscape, dealing in new, customized, and used/refurbished construction machinery. The company has established a strong international presence through consistent performance and value-driven offerings in the construction equipment sector. According to the CareEdge Report, JKIPL holds a 6.9% market share, making it the largest Non-OEM exporter of construction machines from India. Recognized as a Three-Star Export House by the Directorate General of Foreign Trade (DGFT), Government of India. Successfully exported to 30+ countries, including UAE, Mexico, Netherlands, Belgium, South Africa, Australia, and the United Kingdom. Business Verticals: Export trading of customized, modified, and accessorized new construction machines.
Export trading of used and refurbished construction machines. Export of own-brand ‘HexL’ construction machines, currently offering backhoe loaders, targeting diverse international markets. Through a combination of strategic diversification, quality-focused exports, and expansion into proprietary products, Jinkusal Industries continues to strengthen its footprint in the global construction machinery market.
GYR Capital Advisors Private Limited, based in Ahmedabad is the Lead Manager (BRLM) of Jinkusal Industries IPO. GYR Capital Advisors Private Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of GYR Capital Advisors Private Limited .
Jinkusal Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Jinkusal Industries Financial Review Page
Merchant Banker(s) of Jinkusal Industries IPO: GYR Capital Advisors Private Limited
Jinkusal Industries IPO subscription was 65.09 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Jinkusal Industries IPO listed at a listing price of 125.00 against the offer price of 121.00.
The current market price of Jinkusal Industries is 113.30.
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