Jainik Power and Cables IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Tue, 10 Jun 2025
Close Date
Thu, 12 Jun 2025
Price Band
₹ 100 – 110
Lot Size
1200
Issue Size
₹ 51.30 Cr
Minimum Investment
₹ 264,000 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Jainik Power and Cables IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹51.30 Crore, comprising a fresh issue of 46.63 Lakh equity shares aggregating to ₹51.30 Crore.
The Jainik Power and Cables IPO remained open for subscription from June 10, 2025, to June 12, 2025. The basis of allotment was finalized on June 13, 2025, and the company's shares were listed on NSE SME Platform on June 17, 2025.
The company had fixed the price band at ₹100 to ₹110 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹264,000 (based on the upper price band) to apply for one lot.
Skyline Financial Services Private Ltd served as the registrar to the issue. Fast Track Finsec Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Jainik Power and Cables Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Jainik Power and Cables IPO Timeline (Tentative)
- IPO Open Date
- Tue, 10 Jun 25
- IPO Close Date
- Thu, 12 Jun 25
- Basis of Allotment
- Fri, 13 Jun 25
- Initiation of Refunds
- Mon, 16 Jun 25
- Credit of Shares to Demat
- Mon, 16 Jun 25
- Listing Date
- Tue, 17 Jun 25 — NSE & BSE
Open Date
10 June 2025
Close Date
12 June 2025
Basis Of Allotment
13 June 2025
Listing Date
17 June 2025
IPO Subscription
Check Live Subscription →The Jainik Power and Cables IPO has received bids for 70,76,400 shares against 44,29,200 shares offered, resulting in an overall subscription of 1.6x. the NII category is subscribed 1.25x, Retail Investors 2.08x, and QIBs 1.01x.
QIB
1.01x
NII
1.25x
RII
2.08x
Total
1.6x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 19,92,000 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 4,45,200 shares (0%), while Non-Institutional Investors (NIIs) receive 19,92,000 shares (0%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 445,200 | 0% |
| Non-Institutional | 1,992,000 | 0% |
| Retail Investors | 1,992,000 | 0% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Jainik Power and Cables Limited KPI Information
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 56.92 |
| ROCE % | 55.92 |
| Debt / Equity | 0.79 |
| RoNW % | 56.92 |
| Pat Margin % | 2.63 |
Peers Comparison
No Peer Comparision Available
About Jainik Power and Cables Limited
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.
Jainik Power and Cables IPO 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%
Jainik Power and Cables IPO Objective
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.
Jainik Power and Cables Limited Address / Contact Details
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
Jainik Power and Cables IPO Lot Size
The Jainik Power and Cables IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹1,32,000 by applying for 1 lot (1,200 shares). The maximum application allowed for the retail category is 1 lots (1,200 shares), requiring an investment of ₹1,32,000.
| 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 |
Issue Reservation
Book Running Lead Managers
- Fast Track Finsec Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Jainik Power and Cables IPO?
Jainik Power and Cables IPO is a Book-building IPO with a total issue size of ₹51.3 crore. The Jainik Power and Cables IPO price band is ₹100 to 110 per share. The Jainik Power and Cables IPO subscription opens on Tue, Jun 10, 2025, and closes on Thu, Jun 12, 2025. The Jainik Power and Cables IPO will be listed on the NSE. Skyline Financial Services Private Ltd is the registrar for the Jainik Power and Cables IPO.
When will the Jainik Power and Cables IPO open for subscription?
The Jainik Power and Cables IPO opens on Tue, Jun 10, 2025 and closes on Thu, Jun 12, 2025
What is Jainik Power and Cables IPO Price Band?
Jainik Power and Cables IPO Price Band is ₹100 to 110 per share.
What is Jainik Power and Cables IPO Lot Size?
Jainik Power and Cables IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹264000 based on the upper price band
What is the minimum investment for Jainik Power and Cables IPO?
The minimum investment for Jainik Power and Cables IPO is ₹264000, based on one lot of 1200 shares at the upper price band of ₹110 per share.
How to apply for Jainik Power and Cables IPO?
Investors can apply for the Jainik Power and Cables IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Jun 12, 2025. The application amount remains blocked until the Jainik Power and Cables IPO allotment is finalized.
What is Jainik Power and Cables IPO Issue Size?
Jainik Power and Cables IPO issue size is ₹51.3 crores.
What is the Jainik Power and Cables IPO Allotment Date?
Jainik Power and Cables IPO allotment date is Fri, Jun 13, 2025.
Who is the Jainik Power and Cables IPO Registrar?
The registrar for Jainik Power and Cables IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Jainik Power and Cables IPO allotment status, refund processing, and other IPO-related information.
What is the Jainik Power and Cables IPO GMP?
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 3.64% over the issue price.
Who is the Jainik Power and Cables IPO Lead Manager?
The book-running lead managers (BRLMs) for the Jainik Power and Cables IPO are Fast Track Finsec Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Jainik Power and Cables IPO Red Herring Prospectus (RHP).