Nova Global acquired 386,653 shares of Jinkushal Industries Limited, representing a 1.01% stake, for ₹3.68 Cr at ₹95.26 apiece.
An export trading company specializing in the distribution of construction machinery and heavy equipment to global markets. Jinkushal Industries operates as a dealer and supplier of commercial vehicles, tractors, and construction machinery, connecting Indian manufacturers with international buyers. Founded in 2007, the company has established itself as a key player in equipment export trading, serving diverse customer segments across multiple regions worldwide.
Nova Global Opportunities Fund PCC is a foreign portfolio investor that is an active anchor investor in Indian SME IPOs. It has backed offerings across sectors including electric equipment, power and energy, infrastructure, and logistics.