31 Mar 2024
Assets109.44
Total Income242.80
EBITDA27.57
Profit After Tax18.64
NET Worth43.07
Total Borrowing46.04
At a glance
Updated 2026-09-10The shares listed at ₹125.00, a 3.31% move from the issue price. Jinkushal Industries is a Mainboard IPO with an issue size of ₹116.15 crore, proposed for listing on BSE, NSE. The offer opens on 25th Sep 2025 and closes on 29th Sep 2025. The issue structure includes a fresh issue of ₹104.54 crore and an offer-for-sale component of ₹11.61 crore. The current listing schedule points to 3rd Oct 2025.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹116.15 Cr
Fresh issue₹104.54 Cr
Offer for sale₹11.61 Cr
Face value₹10
Price band₹115.00–₹121.00
Allotment30th Sep 2025
Listing3rd Oct 2025
Listing performance
Full performance ↗Issue price₹121.00
Listing price₹125.00
Current price—
Listing gain3.31%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹20.00
GMP / upper price16.53%
Est. listing₹141.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens25th Sep 2025
Closes29th Sep 2025
Allotment30th Sep 2025
Refund1st Oct 2025
Demat1st Oct 2025
Listing3rd Oct 2025
Subscription demand
Full bidding ↗Total65.09×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 120 | ₹14,520 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding the working capital requirements of the Company | ₹72.68 Cr |
| General Corporate Purposes | ₹21.42 Cr |
| Issue Expenses | ₹11.62 Cr |
| Total | ₹105.72 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue385.81₹ Cr · +58.9% vs prior year
EBITDA28.60₹ Cr · +3.7% vs prior year
PAT19.14₹ Cr · +2.7% vs prior year
Assets179.35₹ Cr · +63.9% vs prior year
Net Worth86.19₹ Cr · +100.1% vs prior year
Borrowing54.82₹ Cr · +19.1% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2025
Assets179.35
Total Income385.81
EBITDA28.60
Profit After Tax19.14
NET Worth86.19
Total Borrowing54.82
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 28.30% |
| ROCE | 18.39% |
| Debt / Equity | 0.58% |
| RoNW | 21.22% |
| PAT Margin | 5.03% |
| EBITDA Margin | 7.52% |
| Price to Book Value | 4.18 |
Valuation & shareholding
Pre-IPO EPS6.43
Post-IPO EPS4.99
Pre-IPO P/E18.8
Post-IPO P/E24.26
Promoter holding pre100%
Promoter holding post74.99%
Market cap₹464.42 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Jinkusal Industries IPO | — | 24.26 x | — | — |
| Annu Projects IPO | — | 19.64 x | — | — |
| Citius Transnet IPO | — | - | — | — |
| Anantam Highways IPO | — | - | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding the working capital requirements of the Company | ₹72.68 Cr |
| General Corporate Purposes | ₹21.42 Cr |
| Issue Expenses | ₹11.62 Cr |
| Total | ₹105.72 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- GYR Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-10.
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