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Jainik Power & Cables IPO: Things Smart Investors Need to Know

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.

Jainik Power & Cables IPO Details and Objectives

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

Timeline of Jainik Power & Cables IPO

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

Pricing & Lot Size of Jainik Power & Cables IPO

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

How to Apply for the Jainik Power & Cables IPO?

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.

Financial Health and Performance

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.

Investment Risks and Opportunities

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.

Key Performance Indicator (KPI)

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

Jainik Power & Cables IPO Registrar & Lead Managers

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/

Conclusion

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. 

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