Jinkushal Industries ₹116 Crore IPO Opens Tomorrow At A Price Band Of ₹115–₹121

Raipur, September 24, 2025: The Initial Public Offering of Jinkushal Industries Limited (JKIPL) is set to open tomorrow, on September 25. Investors who are interested in applying to the IPO can use the ASBA facility through net banking, or apply through an UPI mandate.

Jinkushal Industries Limited is an Indian company engaged in manufacturing and selling a variety of plastic and polymer products. The company was established on 11th November 2004 and has its headquarters in Ahmedabad, Gujarat, India.

Jinkushal Industries IPO Issue Size of ₹116 Crore And Price Band of ₹115-₹121

The issue size for the IPO is ₹116 crore, including a fresh issue of 0.86 crore shares amounting to ₹104.54 crores and offer for sale of 0.10 crore shares amounting to ₹11.61 crores. The company has set a price band of ₹115–₹121 for the issue, with the lot size of 120. The lot size amounts to a minimum investment by a retail investor of ₹14,520. The IPO will remain open till September 29, and the shares are expected to list on NSE and BSE on October 3.

The company is expected to finalise the share allotment on September 30, while credit of shares and refund initiation will happen on October 1. GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.

The company will use up to ₹72.67 crore from Jinkushal Industries IPO proceeds for working capital requirement, while the balance will be used for general corporate purposes.

Jinkushal Industries IPO Revenue at ₹38,055.81 Lakh While PAT at ₹1,914.00 Lakh

Revenue from operations rose from ₹23,345.05 lakh in FY23 to ₹23,859.18 lakh in FY24 and further to ₹38,055.81 lakh in FY25. EBITDA improved from ₹1,467.92 lakh in FY23 to ₹2,756.94 lakh in FY24 and ₹2,860.05 lakh in FY25. The EBITDA margin grew to 11.56% in FY24 but fell to 7.52% in FY25, compared to 6.29% in FY23. Profit after tax increased from ₹1,011.74 lakh in FY23 to ₹1,864.45 lakh in FY24 and ₹1,914.00 lakh in FY25.

PAT margin also improved to 7.81% in FY24 before reducing to 5.03% in FY25, compared to 4.33% in FY23. Net worth jumped from ₹2,450.12 lakh in FY23 to ₹4,306.94 lakh in FY24 and further to ₹8,618.96 lakh in FY25. EPS (post bonus) rose from ₹3.40 in FY23 to ₹6.27 in FY24 but slightly dipped to ₹6.15 in FY25.

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