Latest news with #JinkushalIndustriesLtd
Mint
01-05-2025
- Business
- Mint
IPO Watch: Jinkushal Industries files draft papers with SEBI for IPO
IPO Watch: Jinkushal Industries Ltd has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). Jinkushal Industries specializes in the global export of both new/customized and used/refurbished construction machinery. The company focuses on trading construction equipment such as hydraulic excavators, motor graders, backhoe loaders, soil compactors, wheel loaders, bulldozers, cranes, and asphalt pavers. According to the CareEdge Report, Jinkushal Industries holds the position of the largest Non-OEM exporter of construction machines, boasting a market share of 6.9%. The firm is promoted by Mr. Anil Kumar Jain, Mr. Abhinav Jain, Ms. Sandhya Jain, Ms. Tithi Jain, and Ms. Yashasvi Jain. Jinkushal Industries has a steady history of financial success, which has resulted in a robust balance sheet. The company has shown impressive financial outcomes, attaining a compound annual growth rate (CAGR) of 56.7% in revenue. Jinkushal Industries' Return on Equity (ROE) is 42.18%, indicating its proficiency in leveraging capital investments to foster sustainable growth. The firm focuses on refurbishment, reuse, and supporting the circular economy while maintaining environmental responsibility. It enjoys a varied market presence and provides optimized machine solutions. The company has established an effective supply chain infrastructure that bolsters its primary business in the export trade of construction machinery. The public offer consists of an issuance of 96.5 lakh equity shares with a face value of Rs. 10 each; this includes a new issue of up to 86.5 lakh equity shares and a sell-off of up to 10 lakh equity shares. Jinkushal Industries intends to use the funds raised from the Fresh Issue to support its Working Capital Requirements and for General Corporate Purposes. GYR Capital Advisors Private Limited serves as the sole Book Running Lead Manager (BRLM) for the planned IPO. Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision. First Published: 1 May 2025, 05:19 PM IST
Economic Times
01-05-2025
- Business
- Economic Times
Jinkushal Industries files IPO papers with Sebi
Jinkushal Industries Ltd (JKIPL) has filed preliminary papers with capital markets regulator Sebi seeking its go-ahead to float an initial public offering (IPO). The IPO is a combination of a fresh issue of 86.5 lakh shares and an offer for sale (OFS) of 10 lakh shares by promoters, according to the draft red herring prospectus (DRHP) filed on Wednesday. ADVERTISEMENT JKIPL proposes to utilise the proceeds from the fresh issue towards funding the working capital requirements and for general corporate purposes. The Chhattisgarh-based company is engaged in export trading of new/customised and used/refurbished construction machines in global markets. It specialises in export trading of construction machines such as hydraulic excavators, motor graders, backhoe loaders, soil compactors, wheel loaders, bulldozers, cranes, and asphalt pavers. The company has supplied over 1,500 construction machines, comprising over 900 new (with customisation or accessorised) and over 600 used or refurbished construction machines. It has exported construction machines to over 30 countries, including the UAE, Mexico, the Netherlands, Belgium, South Africa, Australia, and the UK, as per the draft papers. Recently, JKIPL launched its brand, 'HexL', for construction machines. This marks a transition from other brands' product sales model to its own brand sales model. Going forward, the company intends to launch categories of construction machines, including electric construction equipment, under its brand name. GYR Capital Advisors is the sole book-running lead manager (BRLM) to the proposed IPO.
Time of India
01-05-2025
- Business
- Time of India
Jinkushal Industries files IPO papers with Sebi
Jinkushal Industries Ltd (JKIPL) has filed preliminary papers with capital markets regulator Sebi seeking its go-ahead to float an initial public offering (IPO). The IPO is a combination of a fresh issue of 86.5 lakh shares and an offer for sale (OFS) of 10 lakh shares by promoters, according to the draft red herring prospectus (DRHP) filed on Wednesday. JKIPL proposes to utilise the proceeds from the fresh issue towards funding the working capital requirements and for general corporate purposes. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Experts Amazed: Barefoot Shoes are The Best Thing You Can Do in 2025 - NOW 70% OFF! Foot Insider Undo The Chhattisgarh-based company is engaged in export trading of new/customised and used/refurbished construction machines in global markets. It specialises in export trading of construction machines such as hydraulic excavators, motor graders, backhoe loaders, soil compactors, wheel loaders, bulldozers, cranes, and asphalt pavers. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. The company has supplied over 1,500 construction machines, comprising over 900 new (with customisation or accessorised) and over 600 used or refurbished construction machines. It has exported construction machines to over 30 countries, including the UAE, Mexico, the Netherlands, Belgium, South Africa, Australia, and the UK, as per the draft papers. Live Events Recently, JKIPL launched its brand, 'HexL', for construction machines. This marks a transition from other brands' product sales model to its own brand sales model. Going forward, the company intends to launch categories of construction machines, including electric construction equipment, under its brand name. GYR Capital Advisors is the sole book-running lead manager (BRLM) to the proposed IPO.
