Jinkushal Industries

Jinkushal Industries are engaged in export trading of new/customized and used/refurbished construction machines in global markets.(Source : 202509 Prospectus Page No: 26) Jinkushal Industries Limited was originally incorporated as `Zenith Tie-Up Private Limited', a private limited company, dated November 27, 2007, issued by the Registrar of Companies, West Bengal. Subsequently, Company changed its name from `Zenith Tie-Up Private Limited' to `Jinkushal Ispat & Power Private Limited' dated October 20, 2009 and from `Jinkushal Ispat & Power Private Limited' to `Jinkushal Industries Private Limited' dated January 8, 2014. Subsequently, Company was converted into a public limited company and a fresh certificate of incorporation dated October 30, 2024 was issued by the Registrar of Companies, Central Processing Center, recording the change in the name to `Jinkushal Industries Limited'. The Company is engaged in export trading of new/customized refurbished construction machines in global markets. It primarily operate across three primary business verticals; (i) export trading of customized, modified and accessorized new construction machines; (ii) export trading of used/refurbished construction machines; and (iii) export trading of its own brand `HexL' construction machines to a diverse international customer base. Apart from these, it specialize in export trading of construction machines such as hydraulic excavators, motor graders, backhoe loaders, soil compactors, wheel loaders, bulldozers, cranes and asphalt pavers. The ownership of the Company was taken over by the existing promoters, in 2009 and the business of renting in construction equipment started during the year 2009. Later, it ventured into exports of used construction equipment in 2017. The Company acquired the overseas Wholly Owned Subsidiary in the UAE, Dubai by the name of 'Hexco Global, Jafza' in 2024. The Company launched the brand, `HexL, in December 2024 with the initial focus on backhoe loaders, manufactured in China. Company came up with the initial public offer of 95,99,548 equity shares of FV of Rs 10 each by raising Rs 116.15 Crore, comprising a fresh issue of 86,40,000 equity shares aggregating to Rs 104.54 Crore and the offer for sale of 9,59,548 equity shares aggregating to Rs 11.61 Crores in September, 2025.