₹49.89 Crores | Listing at BSE | Fri, Aug 29, 2025 - Wed, Sep 10, 2025
Josts Engineering Company Ltd Rights Issue comprises 0.1848 Cr equity shares aggregating to ₹49.89 Cr, offered at an issue price of ₹270 per share with a face value of ₹1 per share.
The record date for determining eligible shareholder is Aug 20, 2025, with the Rights Issue being offered in the entitlement ratio of 5 : 27.
The term of payment is defined as following : The full amount is payable on application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Sep 17, 2025.
The Rights Issue opens on Aug 29, 2025, and closes on Sep 10, 2025, with renunciation of Rights Entitlements permitted up to Sep 3, 2025.
The deemed date of allotment is Sep 17, 2025, following which the equity shares are expected to be credited to demat accounts on Sep 19, 2025 and listed at the BSE on Sep 22, 2025.
Bigshare Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Josts Engineering Company Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Wed, Aug 20, 2025
Entitlement Ratio
5 : 27
Open Date
Fri, Aug 29, 2025
Close Date
Wed, Sep 10, 2025
The full amount is payable on application.
Josts Engineering Company Ltd's revenue increased by 28% and profit after tax (PAT) rose by 77% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Total Income | 240.20 | 188.21 | 172.99 |
| Profit After Tax | 17.54 | 9.90 | 7.31 |
| Net Worth | 78.43 | 57.99 | 38.32 |
| Amount in ₹ Crore | |||
Josts Engineering Company Ltd. is a leading provider of material handling and engineered products catering to industrial, warehouse, and commercial environments. The company’s product portfolio includes Industrial Platform Trucks, Tow Trucks, Hand Pallet Trucks, Electric Pallet Trucks, Electric Pallet Stackers, Reach Trucks, Forklifts, Racking Systems, Scissor Lifts, Dock Levelers, Pneumatic Sample Transport Systems, and Battery Operated Passenger Carriers, marketed under well-recognized brands such as “JUMBO,” “PYGMY,” and “JOTRUK.” These products are known for their quality, durability, and performance.
With an all-India sales and service network, Josts Engineering ensures nationwide reach, offering product information, technical assistance, after-sales service, and spare parts support. The company emphasizes complete solutions that enhance customer efficiency, safety, and operational productivity.
Beyond material handling, Josts Engineering has diversified into equipment rental through MHE Rentals India Private Limited and renewable energy projects via Suryavayu Renewable and Energy Solutions Pvt. Ltd., expanding its presence in solar and wind power sectors.
The company intends to utilize the Net Proceeds from the Issue towards funding of the following objects:
1. Funding the working capital requirements of the Company; and
2. General Corporate Purposes
[Dilip Davda] JECL is engaged in the manufacturing and marketing of material handling and engineered products. It posted growth in its top and bottom lines for the reported periods. It has a very tiny equity capital and hence marks thin volume. Based on its recent financial data, RI appears fully priced. RI is at a discount of around 15.5% on the basis of its last traded price. Well-informed investors may park funds for medium to long term. Read detail review...
Josts Engineering Rights Issue 2025 got oversubscribed by 1.4 times by the end of the bidding period with total bid quantity received by BSE of 25,78,672 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Sep 10 2025 17:00:00 | 25,78,672 | 1.40x |
Josts Engineering Company Ltd
Great Social Building,
60 Sir Phirozeshah Mehta Road,
Fort,
Mumbai, 400001
The Josts Engineering Rights Issue 2025 opens on Fri, Aug 29, 2025, and closes on Wed, Sep 10, 2025.
Josts Engineering Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Fri, Aug 22, 2025 |
| Last Date for renunciation of Rights Entitlements | Wed, Sep 3, 2025 |
| Issue Opening Date | Fri, Aug 29, 2025 |
| Issue Closing Date | Wed, Sep 10, 2025 |
| Date of Allotment (on or about) | Wed, Sep 17, 2025 |
| Date of Credit (on or about) | Fri, Sep 19, 2025 |
| Date of Listing (on or about) | Mon, Sep 22, 2025 |
You can apply for Josts Engineering Rights Issue 2025 in two ways:
Steps to apply for Josts Engineering Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Josts Engineering Rights Issue 2025 using Registrar's website (R-WAP)
