How to Check Jinkushal Industries IPO Allotment Status?

Jinkushal Industries Limited is an export trading company supplying construction machinery globally, operating in over thirty countries including UAE, Mexico, Netherlands, Belgium, South Africa, Australia, and UK, incorporated in November 2007, with operations across three primary verticals including export trading of customised new construction machines, used and refurbished construction machines, and proprietary brand HexL construction machines, having supplied over 1,500 construction machines as of April 2025 including 900 new and 600 used/refurbished units, operating in-house refurbishment facility staffed by 48 skilled employees with procurement network of 228 suppliers comprising 172 contractors, 51 traders, and five manufacturers as of December 31, 2024, while maintaining workforce of 90 permanent employees and 21 interns.

The Jinkushal Industries IPO came with a total issue size of ₹116.15 crore, comprising a fresh issue of 0.86 crore shares aggregating to ₹104.54 crore and offer for sale of 0.10 crore shares aggregating to ₹11.61 crore. The IPO opened on September 25, 2025, and closed on September 29, 2025. The allotment for the Jinkushal Industries IPO is expected to be finalized on Tuesday, September 30, 2025. The Jinkushal Industries IPO share price band was set at ₹115 to ₹121 per share.

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Steps to Check Jinkushal Industries IPO Allotment Status on Registrar Site

• Visit the Bigshare Services Pvt.Ltd. website 
• Select "Jinkushal Industries" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Jinkushal Industries IPO Allotment Status on BSE

• Navigate to the BSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Jinkushal Industries" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Jinkushal Industries IPO Subscription Status

Jinkushal Industries IPO received exceptional investor interest, being subscribed 65.09 times overall. The subscription showed overwhelming confidence with strong participation across all categories. Here is a category-wise breakdown of the subscription as of 5:04:56 PM on September 29, 2025:

• Non-Institutional Investors (NII): 146.39 times.
• QIB Category: 35.70 times.
• Retail Investors: 47.04 times.

Jinkushal Industries IPO Share Price and Investment Details

The Jinkushal Industries IPO stock price band was set at ₹115 to ₹121 per share with a minimum lot size of 120 shares. The minimum investment required for retail investors was ₹14,520 for 1 lot (120 shares). The issue included up to 28,78,500 shares allocated to anchor investors raising ₹34.83 crore. Given the exceptional subscription response of 65.09 times overall, with strong institutional interest at 35.70 times, overwhelming NII participation at 146.39 times, and robust retail subscription at 47.04 times, the Jinkushal Industries IPO share price is expected to list with strong premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Funding working capital requirements: ₹72.68 crore.
• General corporate purposes: Remaining amount.

Business Overview

Jinkushal Industries Limited operates with strong global presence across thirty countries, diversified business model spanning new, used, and proprietary brand construction machines, robust refurbishment infrastructure ensuring quality standards, efficient supply chain with extensive supplier network, leadership position in UAE and USA markets through subsidiaries, and experienced management team while demonstrating strong financial performance with 59% revenue increase and 3% PAT rise between FY24-FY25, maintaining healthy financial metrics with 28.30% ROE and moderate debt-equity ratio of 0.58. The company enjoys niche positioning in the construction machinery export segment with its proprietary HexL brand, positioned to benefit from global infrastructure development and circular economy trends through refurbishment operations. The exceptional subscription response with overwhelming investor confidence across all categories suggests strong listing performance. However, investors should monitor working capital management and supplier dependencies in the competitive international construction equipment trade.