Jinkushal Industries IPO: The initial public offering (IPO) of Jinkushal Industries Ltd concluded for subscription on September 29, with the issue subscribed 65.10 times, according to the provisional exchange data. The company aims to raise Rs 116.15 crore through the public offering.
The basis of allotment is expected to be finalised today, September 30, followed by the credit of shares to the respective demat accounts of successful bidders.
Investors can check their allotment status on the websites of BSE, NSE, or the issue registrar, Bigshare Services.
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Here’s a step-by-step guide on how you can check your allotment status:
On the BSE website:
1) Visit the BSE allotment page
2) Select ‘Equity’ as the issue type
3) Choose ‘Jinkushal Industries’
4) Enter your PAN and application number
5) Click submit to view your allotment status
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On the NSE website:
1) Visit the NSE allotment page
2) Select ‘Equity and SME IPO bids’
3) Choose ‘Jinkushal Industries’
4) Enter your PAN and application number
5) Click submit
On the issue registrar’s website (Bigshare Services):
1) Visit the Bigshare Services website
2) Select ‘Jinkushal Industries’ from the dropdown menu
3) Enter your application number or PAN
4) Click search to view your allotment status
Jinkushal Industries IPO highlights:
Overall, investors bid for 43.75 crore shares against the total 67.21 lakh shares on offer, with Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs) subscribing 35.66 times, 146.39 times and 47.10 times, respectively.
The IPO is a book-built issue of Rs 116.15 crore, comprising a fresh issue of Rs 104.54 crore and an offer-for-sale (OFS) of Rs 11.61 crore.
The company plans to utilise the IPO proceeds primarily for working capital requirements and general corporate purposes.
Price band: Rs 115 to Rs 121 per equity share
Subscription date: September 25 to September 29, 2025
Lot size: 120 shares, with a minimum application amount of Rs 14,520 (based on the upper end of the price band)
Listing date: October 3, 2025
Jinkushal Industries company profile:
Founded in 1976, Jinkushal Industries Limited is an exporter of construction machinery and a provider of mining services and logistics solutions.
Jinkushal Industries has diversified operations in mining, construction, rice milling, exports, heavy construction equipment exports, third-party warehousing, logistics, real estate, and processed foods.
Financially, the company reported a revenue growth of 59 per cent in FY25 to Rs 385.81 crore, with Profit After Tax (PAT) of Rs 19.14 crore.
