Here is a compilation of Jinkushal Industries IPO GMP on a daily basis as well as analyst reviews. We have also outlined how the company fares in Jinkushal Industries peer comparison. Read on for more details.
Jinkushal Industries is launching its IPO from 25 to 29 September 2025, with a price band of INR 115 – 121 per equity share and a total issue size of approximately INR 110.35 – 116.11 crore, comprising a fresh issue of up to INR 99.31 – 104.49 crore and an offer for sale (OFS) component of up to INR 11.03 – 11.61 crore. The company, based in Raipur, Chhattisgarh, specializes in export trading of new, customized, and used or refurbished construction machinery and operates in the machinery, mining, and logistics sectors.
Jinkushal Industries IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Subject to Sauda |
| 1 October 2025 | 21 | 1,900 |
| 30 September 2025 | 20 | 1,800 |
| 29 September 2025 | 18 | 1,600 |
| 27 September 2025 | 23 | 1,900 |
| 26 September 2025 | 23 | 1,900 |
| 25 September 2025 | 28 | 2,200 |
| 24 September 2025 | 51 | 4,700 |
| 23 September 2025 | 50 | 4,700 |
| 22 September 2025 | 50 | 4,700 |
| 20 September 2025 | 50 | 4,700 |
| 19 September 2025 | 50 | 4,700 |
| 18 September 2025 | 50 | 4,700 |
| 17 September 2025 | 50 | 4,700 |
Important Points About IPO GMP and Grey Market
- IPO grey market movements may change very quickly and rates may be volatile. It is risky to base an investment decision on gray market IPO rates alone. Please refer to our research and analysis section for more details.
- Research has shown that retail investors are strongly influenced by market sentiment and as a result, are prone to overreaction, especially when it comes to IPO investing. Place your bets wisely!
- IPO GMP rates are provided as sourced from market intelligence. Please note these upcoming IPO GMP rates may be different for you depending on geographies, markets, and dates.
- We don’t trade in the grey market nor do we facilitate buying or selling of IPO forms.
Jinkushal Industries – Comparison With Listed Peer
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Jinkushal Industries | 24.21 | 5.00 | 21.22 | 28.98 | 380.56 |
| Action Construction Equipment | 31.18 | 34.37 | 25.34 | 135.60 | 3,427.37 |
| Vision Infra Equipment | 10.94 | 15.97 | 20.68 | 66.82 | 454.81 |
Jinkushal Industries IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
Axis Capital –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
BP Wealth – Subscribe
Capital Market –
Canara Bank Securities –
Choice Broking –
Dalal & Broacha –
Elite Wealth – Not rated
GCL Broking –
Geojit –
GEPL Capital – Avoid
Hem Securities –
ICICIdirect –
Investmentz –
Jainam Broking – Subscribe for listing gain
DR Choksey –
LKP Research –
Marwadi Financial – Subscribe
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
Religare Broking –
Samco Securities – Not rated
SMC Global – 2/5
Swastika Investmart –
Ventura Securities – Subscribe
Jinkushal Industries Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2025 (Post-Issue) | |
| EPS | 3.40 | 6.27 | 6.15 | 5.00 |
| PE Ratio | – | – | 18.70 – 19.67 | 23.01 – 24.21 |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 41.29 | 43.29 | 21.22 |
| NAV | 8.24 | 14.48 | 28.98 |
| ROCE (%) | 34.11 | 29.44 | 18.39 |
| EBITDA (%) | 6.29 | 11.56 | 7.52 |
| Debt/Equity | 0.66 | 1.06 | 0.58 |