Who is the CEO of Jainik Power & Cables Ltd?
- Answer Field
-
The CEO of Jainik Power & Cables Ltd is Shashank Jain.
BAJAJ BROKING
Jainik Power and Cables Limited, incorporated in May 2011, has established itself in the metal industry with over a decade of experience. Initially engaged in the trading of aluminium rods, the company transitioned into manufacturing aluminium wire rods in 2023. It supplies products in states like Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand, maintaining focus on certified Environmental, Health, and Safety (EHS) practices. The company ensures product quality through a dedicated Quality Assurance Department that uses spectrometers to conduct thorough purity testing.
The manufacturing facility is located in Sonipat, Haryana, and holds certifications such as ISO 9001:2015 and ISO 45001:2018 from Innovative Systemcert Pvt. Ltd. (accredited by EGAC and International Accreditation Forum), along with ISO 14001:2015 from the United Accreditation Foundation. With a team of 71 employees as of May 5, 2025, the company continues to follow structured environmental and safety standards, backed by authorisation from the Haryana State Pollution Control Board.
For more details, visit the Jainik Power & Cables IPO page.
Details | Information |
IPO Date | June 10, 2025 to June 12, 2025 |
Issue Size | 46,63,200 shares (aggregating up to ₹51.30 Cr) |
Price Band | ₹100 to ₹110 per share |
Lot Size | 1200 shares |
Listing At | NSE SME |
Purpose of the IPO
Fund and set up a plant
Working Capital Requirements
General Corporate Purposes
Repayment of portion of loan availed by the company
Issue Expenses
Event | Date |
---|---|
IPO Open Date | Tue, Jun 10, 2025 |
IPO Close Date | Thu, Jun 12, 2025 |
Tentative Allotment | Fri, Jun 13, 2025 |
Initiation of Refunds | Mon, Jun 16, 2025 |
Credit of Shares to Demat | Mon, Jun 16, 2025 |
Tentative Listing Date | Tue, Jun 17, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on June 12, 2025 |
Price Band for the IPO
₹100 to ₹110 per share
Minimum Lot Size and Application Details
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 1200 | ₹1,32,000 |
Retail (Max) | 1 | 1200 | ₹1,32,000 |
HNI (Min) | 2 | 2,400 | ₹2,64,000 |
Online Application Process
Log in to Your Trading Account
Access your trading account through your broker’s platform.
Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Select Jainik Power & Cables IPO
Find "Jainik Power & Cables IPO" and click on the ‘Apply’ button.
Enter Application Details
Specify the number of lots (minimum lot size: 1200 shares) and the bid price within the range of ₹100 to ₹110 per share.
Provide Your UPI ID
Enter your UPI ID for payment authorization. Ensure that sufficient funds are available in your linked account.
Review and Submit
Verify all the details entered before submitting the application. Approve the UPI mandate before 5 PM on June 12, 2025, to complete your application process.
Key Financial Metrics
Total Assets: Grew from ₹36.66 crore in FY22 to ₹71.19 crore as of March 2025.
Revenue: Reached ₹352.38 crore in FY25.
Profit After Tax (PAT): Stood at ₹9.24 crore for March 2025.
Net Worth: Recorded at ₹24.59 crore in FY25.
Reserves and Surplus: Recorded at ₹14.91 crore (Mar 2025), growing steadily over the years.
Total Borrowings: Stood at ₹19.36 crore in March 2025.
Recent Performance and Growth Prospects
The company has shown consistent growth in its total assets over the past few financial years, reflecting expansion in operations.
Revenue has seen a significant rise, indicating improved business performance and demand for its products.
Profit after tax has remained healthy, suggesting efficient cost management and operational effectiveness.
The company’s net worth has strengthened, reflecting financial stability and shareholder value creation.
Reserves and surplus have steadily increased, highlighting the company’s ability to retain earnings and reinvest in the business.
Borrowings remain within a manageable range, suggesting a balanced approach to funding growth and expansion activities.
Potential Risks of Investing in the IPO
The company only recently began manufacturing aluminium wire rods, which may pose operational challenges due to limited track record in production.
Its business operations are geographically concentrated in a few states, which may expose it to region-specific market fluctuations or regulatory risks.
Opportunities and Growth Potential
The company’s shift from trading to manufacturing demonstrates a strategic move towards value addition, backed by compliance with established environmental and safety standards.
With plans to set up a new plant and allocate IPO proceeds towards working capital and loan repayment, the company is positioning itself for operational expansion and improved financial efficiency.
KPI | Values |
ROE | 56.92% |
ROCE | 55.92% |
Debt/Equity | 0.79 |
RoNW | 56.92% |
PAT Margin | 2.63 |
Price to Book Value | 0.80 |
Registrar | Lead Manager(s) |
---|---|
Skyline Financial Services Private Ltd | Fast Track Finsec Pvt Ltd |
Company Address of Jainik Power & Cables Ltd
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
Website: https://www.jainikpower.com/
Jainik Power and Cables Limited has operated in the metal sector since 2011, evolving from trading aluminium rods to manufacturing aluminium wire rods. Its presence spans several northern states, and it follows recognised Environmental, Health, and Safety practices supported by certifications. The company has built internal systems for quality testing and maintains a certified manufacturing facility in Haryana.
The IPO aims to support new plant development, meet working capital needs, repay a portion of existing borrowings, and cover general corporate expenses. Investors can review the offer details, timelines, and application process to assess alignment with individual investment goals.
Interested in more opportunities? Check out our Upcoming IPO section for new listings, and don’t forget to check your IPO allotment status for Jainik Power & Cables IPO.
Share this article:
No result found
The CEO of Jainik Power & Cables Ltd is Shashank Jain.
The IPO will open for subscription from June 10, 2025, and will close on June 12, 2025.
The company is engaged in manufacturing aluminium wire rods and has prior experience in aluminium rod trading. It operates in multiple northern Indian states and follows structured environmental and safety standards. Business sustainability depends on operational efficiency, demand trends, and compliance with industry norms.
The total issue size is 46,63,200 equity shares, aggregating up to ₹51.30 crore.
‘Pre-apply’ allows investors to submit IPO applications before the official opening date. The order is placed when the IPO opens, subject to mandate approval.
You will receive a confirmation after successful UPI mandate approval. This usually happens within a few hours of submitting your application.
The minimum lot size is 1 lot, which comprises 1200 shares. This is also the minimum order quantity for retail investors.
The tentative allotment date is June 13, 2025.
The registrar is Skyline Financial Services Private Ltd.
There is no publicly reported governance concern or red flag related to the company's leadership or board as of now.
Disclaimer :
The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes.
The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.
Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.
BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.
Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For more disclaimer, check here : https://www.bajajbroking.in/disclaimer
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading