Jainik Power and Cables Limited, incorporated in May 2011, has been engaged in manufacturing aluminum wire rods since 2023. Before this, the company had over a decade of experience in the metal industry through trading in aluminum rods.
The company manufactures and supplies aluminum wire rods, adhering to Environmental, Health, and Safety (EHS) standards, which are supported by various ISO certifications. Its Quality Assurance Department conducts purity tests using spectrometers to detect hidden impurities.
Its manufacturing facility, located in Sonipat, Haryana, holds ISO 9001:2015 and ISO 45001:2018 certifications from Innovative Systemcert Pvt. Ltd. (accredited by EGAC, International Accreditation Forum), as well as an ISO 14001:2015 certification from the United Accreditation Foundation, ensuring compliance with quality, environmental, and safety practices.
Jainik Power and Cables sells its products across Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand.
As of May 5, 2025, the company employs 71 individuals.
Jainik Power and Cables IPO – Details
| IPO Opening Date | 10 June 2025 |
| IPO Closing Date | 12 June 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 46,63,200 Shares Worth ₹51.30 Crore Fresh Issue: 46,63,200 Shares Worth ₹51.30 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹100 – ₹110 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Registrar | Skyline Financial Services Private Ltd |
| QIB Shares Offered | Not more than 10.05% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 44.97% of the Net Issue |
| Retail Shares Offered | Not less than 44.97% of the Net Issue |
Jainik Power and Cables IPO – Date Schedule
| IPO Open Date | 10 June 2025 |
| IPO Close Date | 12 June 2025 |
| Basis of Allotment | 13 June 2025 |
| Initiation of Refund | 16 June 2025 |
| Credit of Shares to Demat | 16 June 2025 |
| IPO Listing Date | 17 June 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 12, 2025 |
Jainik Power and Cables IPO – Lot Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,32,000 |
| Retail (Max) | 1 | 1200 | ₹1,32,000 |
| HNI (Min) | 2 | 2400 | ₹2,64,000 |
Competitive Strengths
- Quality Focus with a three-step quality check process
- ISO Certifications: ISO 9001:2015, ISO 45001:2018, ISO 14001:2015
- Over a decade of experience in the metal industry
- Strong relationships with raw material suppliers
- Rigorous supplier pre-approval and evaluation process
- In-house purity testing using spectrometers
- Employee well-being initiatives (ESIC, PF, accommodation, recreation)
Company Promoters
- Mr. Shashank Jain
- Mr. Prateek Jain
- Mrs. Anju Jain
- Mr. Subhash Chand Jain
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | 67.49 | 67.34 | 0.15 | 16.83 |
| 31 March 2024 | 339.23 | 334.21 | 5.02 | 17.13 |
| 31 March 2025 | 352.38 | 343.14 | 9.24 | 19.36 |
Key Performance Indicator
| 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 |
| Revenue from Operations | ₹35,168.95 Lakhs |
| EBITDA | ₹1,399.94 Lakhs |
| EBITDA Margin | 3.98% |
| EBIT | ₹1,379.96 Lakhs |
| Profit After Tax (PAT) | ₹923.60 Lakhs |
| EPS | ₹9.99 |
| Net Worth | ₹2,459.14 Lakhs |
| Current Ratio | 1.37 |
| Operating Cash Flow | ₹(532.89) Lakhs |
| Pre IPO | Post IPO | |
| EPS (Rs) | 9.54 | 6.44 |
| P/E (x) | 11.53 | 17.09 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in ₹ Crore) |
| Funding Capital Expenditure for Setting up a New Manufacturing Unit | ₹27.41 |
| Funding working capital requirements | ₹11.50 |
| General Corporate Purpose | ₹11.05 |
| Total Estimated Net Proceeds | ₹49.96 |
Jainik Power and Cables IPO Promoter Holding
| Pre Issue Share Holding | 56.38% |
| Post Issue Share Holding | 38.07% |
Jainik Power and Cables IPO Prospectus
Company Contact Information
| 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 IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Jainik Power and Cables IPO Lead Manager(s)
| 1. Fast Track Finsec Pvt Ltd |
Jainik Power and Cables IPO FAQs
| What is Jainik Power and Cables IPO? Jainik Power and Cables IPO is a SME IPO. The issue is priced at ₹100 to ₹110 per equity share. The IPO is to be listed on NSE SME. |
| When Jainik Power and Cables IPO will open? The IPO is to open on 10 June 2025 for QIB, NII, and Retail Investors. |
| What is Jainik Power and Cables IPO Investors Portion? The investors’ portion for QIB – 10.05%, NII – 44.97%, and Retail – 44.97%. |
| How to Apply the Jainik Power and Cables IPO? You can apply Jainik Power and Cables IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Jainik Power and Cables IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Jainik Power and Cables IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Jainik Power and Cables IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Jainik Power and Cables IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Jainik Power and Cables IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Jainik Power and Cables IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Jainik Power and Cables IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Jainik Power and Cables IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Jainik Power and Cables IPO Size? Jainik Power and Cables IPO size is ₹51.30 Crore. |
| What is the Jainik Power and Cables IPO Price Band? Jainik Power and Cables IPO Price Band is ₹100 to ₹110. |
| What is Jainik Power and Cables IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1200 Shares with ₹1,32,000 amount while the maximum bid is 1200 Shares with ₹1,32,000. |
| What is the Jainik Power and Cables IPO Allotment Date? The Jainik Power and Cables IPO allotment date is June 13, 2025. |
| What is the Jainik Power and Cables IPO Listing Date? Jainik Power and Cables IPO listing date is June 17, 2025. The IPO is to be listed on NSE SME. |
