Jainik Power and Cables IPO
Open SmeCurrent GMP
₹7 (+6.36%)
Price Band
₹ 100 – 110
Lot Size
1200
Issue Size
₹51.3 Cr
Minimum Investment
₹264000 (2400 Shares)
Listing Date
17 June 2025
Subscription
1.6x
About the Company
Jainik Power and Cables Limited, originally incorporated as Jainik Enterprises Private Limited on May 2, 2011, has evolved significantly over the years. Initially engaged in the trading of aluminium scrap and ingots, the company established a strong network by supplying raw materials to aluminium wire rod manufacturers until the financial year 2018-19. In 2023, Jainik transitioned into manufacturing, beginning production of aluminium wire rods on April 1, 2023. The company acquired land for its manufacturing facility in Sonipat, Haryana, in FY 2021-22 and FY 2022-23, where it set up a fully operational plant. The facility is certified with ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015, reflecting its commitment to quality, safety, and environmental standards.
Additionally, Jainik holds authorization from the Haryana State Pollution Control Board for handling certain hazardous substances. The company emphasizes quality assurance through advanced spectrometer-based testing to ensure the purity of its products. Over time, the company underwent multiple name changes, finally becoming Jainik Power Cables Limited as of April 8, 2025, and operates under the CIN U27205DL2011PLC218425.
Promoters
- Mr. Shashank Jain
- Mr. Prateek Jain
- Mrs. Anju Jain
- Mr. Subhash Chand Jain
Promoters Holding
Holding Pre Issue
99.79%
Holding Post Issue
67.36%
Objects of the Issue
The objects of the Issue are:
1. To meet the Working Capital requirements of the Company;
2. To fund and set up a plant.
3. To Repayment of portion of loan availed by our Company
4. To meet the General Corporate Purposes; and
5. To meet the Issue Expenses.
Address / Contact Info
Jainik Power and Cables Limited
39/101A, 1st Floor
Community Centre, Wazirpur Industrial Area,
Wazir PurIII, North West Delhi,
West Delhi, New Delhi
Phone: +91-9999268508
Email: info@jainikpower.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 10 June 2025
IPO Close Date
Thursday, 12 June 2025
Basis of Allotment
Friday, 13 June 2025
Initiation of Refunds
Monday, 16 June 2025
Credit of Shares to Demat
Monday, 16 June 2025
Listing Date
Tuesday, 17 June 2025 — NSE & BSE
Important Dates
Open Date
10 June 2025
Close Date
12 June 2025
Basis Of Allotment
13 June 2025
Listing Date
17 June 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 71.19 | 35.5 | 36.66 |
| Revenue | 352.38 | 339.23 | 67.49 |
| Profit After Tax | 9.24 | 5.02 | 0.15 |
| Net Worth | 24.59 | 7.86 | 2.84 |
| Reserve & Surplus | 14.91 | 7.29 | 2.27 |
| Total Borrowings | 19.36 | 17.13 | 16.83 |
EPS Pre
9.54%
EPS Post
6.44%
P/E Pre
11.53
P/E (Post Issue)
17.09x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 56.92 |
| ROCE % | 55.92 |
| Debt / Equity | 0.79 |
| RoNW % | 56.92 |
| PbW | 0 |
| Pat Margin % | 2.63 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 445200 | 0 | 0 |
| Non-Institutional | 1992000 | 0 | 0 |
| Retail Investors | 1992000 | 0 | 0 |
Subscription Status ( Thu, 12 Jun 25 01:39 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 445200 | 447600 | 1.01x |
| Non-Institutional | 1992000 | 2494800 | 1.25x |
| Retail Investors | 1992000 | 4134000 | 2.08x |
| Total | 4429200 | 7076400 | 1.6x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 132,000.00 |
| Retail (Max) | 1 | 1,200 | 132,000.00 |
| S-HNI (Min) | 2 | 2,400 | 264,000.00 |
Registrar
Skyline Financial Services Private Ltd
02228511022
info@skylinerta.com
https://www.skylinerta.com
Book Running Lead Managers
- Fast Track Finsec Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Jainik Power and Cables IPO is a Book-building IPO worth ₹51.3 crores. The price band is ₹100 to 110 per share. The IPO opens on Tue, Jun 10, 2025 and closes on Thu, Jun 12, 2025. It will be listed on BSE and NSE. Skyline Financial Services Private Ltd is the registrar.
The Jainik Power and Cables IPO opens on Tue, Jun 10, 2025 and closes on Thu, Jun 12, 2025
Jainik Power and Cables IPO Price Band is ₹100 to 110.
Jainik Power and Cables IPO lot size is 1200, and the minimum amount required for application is ₹264000.
The minimum investment for Jainik Power and Cables IPO is approximately ₹264000 based on the upper price band.
To apply for the Jainik Power and Cables IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Jun 12, 2025. After submission, funds are blocked until the basis of allotment of Jainik Power and Cables IPO is finalised.
Jainik Power and Cables IPO issue size is ₹51.3 crores.
Jainik Power and Cables IPO allotment date is Sat, Jun 27, 2026.
The registrar for Jainik Power and Cables IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website for IPO allotment status, refund processing, and other queries related to Jainik Power and Cables IPO through their official website or helpline.
The Jainik Power and Cables IPO GMP (Grey Market Premium) is ₹4 as of Thu, Jun 12, 2025. Based on the upper price band of ₹110 per share, the estimated Jainik Power and Cables IPO listing price is ₹114, indicating a potential listing gain of approximately 31% over the issue price.