Jinkushal Industries ipo date, Share Price Target Tomorrow, 2025, 2026, 2030

The company mainly sell new customised construction machines, exports used machines that are repaired and improved, and offers its own brand “HexL,” which makes backhoe loaders. Along with this, it also earns money by renting out machines and leasing warehouses. Its wide product range includes excavators, graders, loaders, bulldozers, cranes, and pavers. It exports to more than 30 countries across the world, with Mexico and the UAE being its major markets. To support its business, it has a repair and refurbishment centre in Raipur, works with other partner centres, and has a strong supplier network of over 200 companies.

What is Jinkushal Industries Ltd IPO?

Jinkushal Industries was established in 2007 in Raipur, Chhattisgarh, and is run by Anil Kumar Jain and his son Abhinav Jain. The company sells construction machines to over 30 countries, including the Netherlands, UAE, Mexico, Belgium, South Africa, Australia, and the UK. It provides both new and used machines like excavators, graders, backhoe loaders, compactors, wheel loaders, bulldozers, cranes, and pavers. It also has its own brand, “HexL,” which makes backhoe loaders. By the time, the company has delivered more than 1,500 machines and has grown well.

Jinkushal Industries IPO Details

IPO Date	September 25, 2025 to September 29, 2025
Listing Date	03 Oct 2025
Face Value	₹10 per share
Price Band	₹115 to ₹121 per share
Minimum Investment	₹13800
Lot Size	120 Shares
Issue Type	Bookbuilding IPO
Listing At	BSE, NSE
Share Holding Pre Issue	2,97,46,000 shares
Share Holding Post Issue	3,83,81,935 shares

Jinkushal Industries Share Price Target Tomorrow (Listing day price)

It is growing well, its sales and profits are increasing, and it is making good use of its resources, which shows strong returns. The company has built up its savings and assets, but it has also taken more loans to keep growing. Its profit margins have improved because of better cost control, but delays in customer payments are creating some pressure on cash flow. Overall, the company is performing strongly.

Tomorrow	Minimum Price (Rs)	Maximum Price (Rs)
Day	-17	+64

Jinkushal Industries Share Price Target 2025

It is the biggest exporter of non-OEM (non-original brand) construction machines, with around 6.9% share in the market, and it sells to more than 30 countries, including Mexico, the Netherlands, Belgium, the UAE, South Africa, Australia, and the UK. The company also has a branch, Hexco Global FZCO, in the UAE and another company in the USA, which helps it handle exports and expand into global markets. These branches are placed in useful locations and benefit from good trade rules and strong global links, which make the company’s presence stronger worldwide. In 2025, its share price target would be ₹288, as per stock market analysts.

According to stock market analysts, its share price would be between ₹85 to ₹288 in 2025.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	85	288

Month	Minimum Price  (Rs)	Maximum Price (Rs)
September	100	178
October	85	200
November	98	247
December	187	288

Jinkushal Industries share price Target 2026

It has its own workshops and processes to fix and improve used construction machines, making them work well and last longer. They check, repair, and service the machines to ensure they are safe, reliable, and perform properly. This way of working also saves materials and helps the environment by reducing the need to make new machines. In 2026, its share price target would be ₹500, as per stock market analysts.

Its share price would be between ₹257 to ₹500 in 2026, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	257	500

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	257	300
February	268	321
March	280	348
April	300	388
May	321	400
June	330	410
July	342	428
August	352	442
September	358	462
October	378	475
November	412	487
December	422	500

Share price Target 2027

It sells many different types of construction machines in countries around the world; it does not depend on just one product or region. It offers new customised machines from other brands, repaired used machines, and new machines under its own brand, HexL. The company provides machines like excavators, graders, backhoe loaders, compactors, loaders, bulldozers, cranes, and pavers, which are used in building and infrastructure projects everywhere. In 2027, its share price target would be ₹745, as per stock market analysts.

According to stock market analysts, its share price would be between ₹474 to ₹745 in 2027.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2027	474	745

Share price Target 2028

It has a good supply system that keeps its business running well. It works with 228 suppliers, six repair and upgrade centres in India, and one in the UAE. The company carefully manages fixing, customising, and delivering machines so they reach customers on time in India and other countries. This system helps maintain quality, serve customers quickly, and expand the business globally. In 2028, its share price target would be ₹1032, as per stock market analysts.

Its share price would be between ₹721 to ₹1032 in 2028, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2028	721	1032

Share price Target 2029

It has created its own brand of construction machines, ‘HexL,’ and now focuses on its own products instead of only selling other brands. The company uses other manufacturers to build HexL machines according to its designs and quality. It also checks the machines regularly at the factories to ensure they are made correctly, work efficiently, and are safe to use. In 2029, its share price target would be ₹1325, as per stock market analysts.

According to stock market analysts, its share price would be between ₹1000 to ₹1325 in 2029.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2029	1000	1325

Jinkushal Industries share price Target 2030

It has strong, long-term relationships with customers in India and around the world. It provides ready-to-use refurbished, customised, and HexL-branded machines, so customers don’t have to wait a long time for new ones. The company’s sales and profits have been steadily growing, showing that the business is doing well and expanding. In 2030, its share price target would be ₹1654, as per stock market analysts.

Its share price would be between ₹1290 to ₹1654 in 2030, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	1290	1654

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1290	1362
February	1311	1385
March	1325	1400
April	1358	1421
May	1365	1435
June	1375	1457
July	1385	1478
August	1399	1500
September	1414	1521
October	1425	1558
November	1445	1578
December	1489	1654

Share price Target 2040

It has its own workshop where skilled staff repair, upgrade, and customise used machines to meet customer needs. They make sure each machine is safe, reliable, and of high quality. The company also works with outside repair centres that follow its rules and procedures. Using both its own and partner workshops helps it to maintain consistent quality and performance. This approach allows the company to provide machines that are affordable, durable, safe, and ready to use, giving customers confidence and building a strong reputation worldwide. In 2040, its share price target would be ₹3785, as per stock market analysts.

According to stock market analysts, its share price would be between ₹3257 to ₹3785 in 2040.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	3257	3785

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	3257	3342
February	3284	3378
March	3312	3400
April	3332	3424
May	3358	3452
June	3369	3487
July	3401	3500
August	3412	3521
September	3425	3558
October	3458	3625
November	3500	3690
December	3612	3785

Share Price Target 2050

It has set up a strong system to keep its business running well. It works with 228 suppliers, including contractors, traders, and manufacturers, to make sure machines are delivered on time. The team, made up of permanent employees and interns, handles daily work, customer support, and technical tasks. The company keeps operations smooth, maintains high quality, and keeps customers satisfied around the world. In 2050, its share price target would be ₹8254, as per stock market analysts.

Its share price would be between ₹7785 to ₹8254 in 2050, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	7785	8254

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	7785	7872
February	7835	7900
March	7857	7932
April	7890	7975
May	7900	8000
June	7935	8057
July	7951	8078
August	7974	8100
September	8021	8125
October	8057	8157
November	8078	8190
December	8155	8254

Should I buy Jinkushal Industries stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	85	288
2026	257	500
2027	474	745
2028	721	1032
2029	1000	1325
2030	1290	1654
2040	3257	3785
2050	7785	8254

It sells construction machines to more than 30 countries. It offers new customised machines, repaired used machines, and its own brand, HexL, which makes backhoe loaders. The company has been growing steadily, with sales and profits increasing while keeping its debt under control. It has a strong presence in international markets and a variety of products, which support its growth. But, most of its income comes from hydraulic excavators and a few main countries, which could be a risk.

Jinkushal Industries earnings results (Financials)

	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	76	177	233	239
Expenses +	73	167	219	215
Operating Profit	3	10	14	24
OPM %	4%	6%	6%	10%
Other Income +	1	2	0	4
Interest	1	1	1	2
Depreciation	0	0	1	1
Profit before tax	3	11	13	25
Tax %	25%	24%	24%	24%
Net Profit +	2	9	10	19
EPS in Rs
Dividend Payout %	0%	0%	0%	0%

Is Jinkushal Industries stock good to buy? (bull case & bear case)

Bull Case:

• The company’s revenue grew 59% in FY25, reaching ₹385.8 crore, which shows strong sales growth.
• The Return on Equity (ROE) is 20.5%, indicating that the company is still utilising shareholder funds effectively.
• The debt-to-equity ratio improved to 0.58x in FY25 from 1.06x in FY24, indicating that the company is relying less on borrowed money.
• It has delivered over 1,500 machines (new and refurbished) in more than 30 countries, showing a wide global presence.
• The company has a 6.9% share in the non-OEM export market, making it one of the top players in this segment.

Bear Case:

• Even though revenue went up by 59%, profit increased only 3%.
• Profit margins are going down, EBITDA margin dropped from 11% in FY24 to 7.4% in FY25; PAT margin fell from 7.8% to 4.96%.
• Return on Equity fell a lot from 43% in FY24 to 20.5% in FY25, showing that the company is becoming less efficient in using capital.

Jinkushal Industries IPO Promoter Holding

The Promoters of the company are Anil Kumar Jain, Abhinav Jain, Sandhya Jain, Tithi Jain and Yashasvi Jain.

Promoter Holding Pre Issue	100%
Promoter Holding Post Issue	0%

Objects of the Issue (Jinkushal Industries IPO Objectives)

• It plans to use ₹726.75 million from the funds to cover its working capital needs.
• The rest of the money will be used for general company purposes.

Jinkushal Industries ipo gmp

Date	IPO GMP	Gain
17 Sep	₹52	42.97%
16 Sep	₹-	-%

Conclusion

It makes and sells many types of construction machines. It also repairs old machines and sells them again, and has its own brand, HexL. The company sends machines to more than 30 countries and has already given over 1,500 machines to customers. Its sales and profits are growing, and it has a strong team of suppliers and repair centres to keep things running well. But it depends a lot on a few machines, like excavators and some countries for most of its income, which can be risky. Overall, the company is growing and looks good for the future

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