Jinkushal Industries Limited, incorporated in 2007 as Zenith Tie-Up Private Limited, has undergone several name changes and business transformations before becoming a public limited company in 2024. The company operates in the global export trading market for construction machines, catering to diverse international clientele through three key business verticals: customized and accessorized new construction machines, used or refurbished construction machines, and its proprietary brand, HexL, of construction machines.
Jinkushal specializes in trading a wide range of construction machinery, including hydraulic excavators, motor graders, backhoe loaders, soil compactors, wheel loaders, bulldozers, cranes, and asphalt pavers. Initially entering the construction equipment rental market in 2009, the company shifted focus to exporting used construction machinery in 2017. Expanding its global presence, Jinkushal established a wholly-owned subsidiary, Hexco Global, in Dubai in 2024, underlining its international growth ambitions.
To support its expansion and business operations, Jinkushal Industries Limited is planning an Initial Public Offering (IPO) of 96,50,000 equity shares at Rs. 10 each. The IPO comprises a fresh issue of 86,50,000 equity shares and an offer for sale of 10,00,000 equity shares, providing traders and investors an opportunity to participate in the company’s growth within the dynamic global construction machinery market.
With a strong emphasis on innovation, a robust product portfolio, and a growing international footprint, Jinkushal Industries is poised as an emerging player in the construction equipment export sector, appealing to traders and investors looking to capitalize on global infrastructure demand.
