Jinkushal Industries IPO

Founded in November 2007, Jinkushal Industries Limited is an export trading company supplying construction machinery globally. Operating in over thirty countries—including the UAE, Mexico, Netherlands, Belgium, South Africa, Australia, and the UK—the company has built a strong reputation for quality, customisation, and service excellence.

The company operates across three primary business verticals:

1. Export trading of customised, modified, and accessorised new construction machines. Delivering tailored solutions to meet client-specific operational and regional requirements.
2. Export trading of used and refurbished construction machines – Offering reliable and cost-effective alternatives, rigorously refurbished to ensure optimal performance and compliance with quality standards.
3. Export trading of its own brand ‘HexL’ construction machines – Under its proprietary brand HexL, the company currently offers backhoe loaders engineered for performance, durability, and value across global markets.

As of April 2025, Jinkushal Industries has supplied over 1,500 construction machines, including 900 new and 600 used/refurbished. The company demonstrated rapid growth by supplying 1,171 machines in the nine months ended December 31, 2024, wit 815 new an 356 used/refurbished during this period.

The company’s in-house Refurbishment Facility, which is staffed by 48 skilled employees, plays a critical role in customising and reconditioning pre-owned machinery to satisfy customer requirements. This facility guarantees consistent quality and performance through rigorous compliance with technical standards and customer specifications. Furthermore, Jinkushal collaborates with independent, non-exclusive refurbishment centres that adhere to its standard operating procedures and technical guidelines.

With a robust infrastructure, global reach, and a customer-first philosophy, Jinkushal Industries Limited continues to scale its operations and strengthen its position as a trusted player in the international construction equipment trade.

As of December 31, 2024, the procurement network included 228 suppliers: 172 contractors, 51 traders, and five manufacturers.

As of December 31, 2024, the company had 90 permanent employees and 21 interns.

• A leading exporter of construction machines in the UAE and USA through subsidiaries.
• Refurbishment, reuse, and contribution to circular economy along with environmental responsibility.
• Diversified Market Presence and Optimised Machine Solutions.
• Efficient supply chain infrastructure supporting its export trading of construction machines.

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: