Josts Engineering Company Ltd Right Issue

₹49.89 Cr BSE 29 Aug 2025 – 10 Sep 2025

Closed Ratio: 5 : 27 BSE
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Issue Price
₹270.00
Face Value
₹1.00
Issue Size (Shares)
1,847,913
Issue Size (₹ Cr.)
₹49.89
📅 Right Issue Timetable
Last Date to Buy SharesTue, Aug 19, 2025
Record DateWed, Aug 20, 2025
Credit of Rights EntitlementsFri, Aug 22, 2025
Bid/Offer Opens OnFri, Aug 29, 2025
Issue Open DateFri, Aug 29, 2025
Renunciation Last DateWed, Sep 3, 2025
Bid/Offer Closes OnWed, Sep 10, 2025
Issue Close DateWed, Sep 10, 2025
Deemed Date of AllotmentWed, Sep 17, 2025
Credit DateFri, Sep 19, 2025
Listing DateMon, Sep 22, 2025
📋 Right Issue Details
Issue Size (Shares)1,847,913
Issue Size (Amount)₹49.89 Cr.
Issue Price₹270.00 per share
Face Value₹1.00 per share
Entitlement Ratio5 : 27
Listing AtBSE
Terms of PaymentThe full amount is payable on application.
📊 Company Financials (Restated)
Period Ended2025-03-312024-03-312023-03-31
Income240.20188.21172.99
EBITDA
Net Worth78.4357.9938.32
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1. Funding the working capital requirements of the Company; and
2General Corporate Purposes
🏢 About the Company
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.
📞 Company Contact
CompanyJosts Engineering Company Ltd
AddressGreat Social Building,
60 Sir Phirozeshah Mehta Road,
Fort,
Mumbai, 400001
Phone910222269495
Emailjostsho@josts.in
WebsiteVisit ↗
📝 Registrar
NameBigshare Services Pvt.Ltd
Phone8657578989/8069219065/8069219060
Emailrightsissue@bigshareonline.com
WebsiteVisit ↗