Jinkushal Industries Limited has launched an Initial Public Offering totalling ₹116.15 crore, this includes fresh issue of 86,40,000 equity shares and offer for sale of 9,59,548 equity shares.

Vidhigya Associates acted as the sole legal counsel for the offering.

The transaction team consisted of Rahul Pandey (Partner), Himanshu Pandey (Partner) and Associates Yash Kothari and Vidisha Shetty.

Jinkushal Industries is engaged in export trading of new/customized and used/refurbished construction machines in global markets. It is the largest non-OEM construction equipment exporter. Jinkushal Industries primarily operates 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 our own brand ‘HexL’ construction machines to cater a diverse international customer base.

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