Jainik Power and Cables IPO Date, Review, Price Band & Allotment Details 2025
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Jainik Power and Cables IPO will open on June 10, 2025, and close on June 12, 2025. This IPO is a Book Built Issue through which the company plans to raise approximately ₹51.30 crores. The entire amount is a fresh issue, with shares having a face value of ₹10 each.
The price band for the IPO is set between ₹100 and ₹110 per share. The allocation for investors is divided as follows: Retail investors get 44.97%, Qualified Institutional Buyers (QIB) get 10.05%, and High Net Worth Individuals (HNI) get 44.97%. The shares are expected to be listed on the NSE in 2025. The IPO allotment will be finalized on June 13, 2025.
Financially, the company reported revenue of ₹352.38 crores in 2025, up from ₹339.23 crores in 2024. Profit after tax increased to ₹9.24 crores in 2025 from ₹5.02 crores in 2024. Based on these financials, investors are advised to consider the IPO for long-term investment.
Jainik Power and Cables IPO Details
- IPO Open Date: June 10, 2025
- IPO Close Date: June 12, 2025
- Face Value: ₹10 Per Equity Share
- IPO Price Band: ₹100 to ₹110 Per Share
- Issue Size: Approx ₹51.30 Crores
- Fresh Issue: Approx ₹51.30 Crores
- Offer for Sale: Approx [.] Equity Shares
- Issue Type: Book Built Issue
- IPO Listing: NSE SME
- Retail Quota: Not more than 44.97%
- QIB Quota: Not more than 10.05%
- NII Quota: Not more than 44.97%
- DRHP Draft Prospectus: Click Here
- RHP Draft Prospectus: Click Here
Jainik Power and Cables IPO Market Lot
The minimum market lot for Jainik Power and Cables IPO is 1,200 shares, which requires an application amount of ₹1,32,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1,200 | ₹1,32,000 |
| Retail Maximum | 1 | 1,200 | ₹1,32,000 |
| HNI Minimum | 2 | 2,400 | ₹2,64,000 |
Jainik Power and Cables IPO Dates
The Jainik Power and Cables IPO opens on June 10, 2025, and closes on June 12, 2025. The allotment process will be completed by June 13, 2025, and the IPO is scheduled to list on the stock exchange on June 17, 2025.
- IPO Open Date: June 10, 2025
- IPO Close Date: June 12, 2025
- Basis of Allotment: June 13, 2025
- Refunds: June 16, 2025
- Credit to Demat Account: June 16, 2025
- IPO Listing Date: June 17, 2025
Promoters of Jainik Power and Cables IPO
The promoters of Jainik Power and Cables Limited are Mr. Shashank Jain, Mr. Prateek Jain, Mrs. Anju Jain, and Mr. Subhash Chand Jain.
About Jainik Power and Cables IPO
Aluminum is the second most widely used metal globally after steel, with an annual consumption of 88 million tonnes, including recycled material. Since 2023, Jainik Enterprises has been manufacturing aluminum wire rods, adhering to quality standards and complying with Environmental, Health, and Safety (EHS) regulations in the manufacturing sector. The company also has experience working in the broader metal industry.
Jainik Power and Cables supplies its products across several states, including Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand. Its sales and marketing operations are managed from its registered office in Delhi along with its manufacturing facility. Currently, the company manufactures 9.5 mm aluminum wire rods to meet customer demand.
The promoters and managing director bring approximately 32 years of industry experience, strengthening the company’s leadership.
Jainik Power and Cables IPO Financial Report
The company reported revenue of ₹352.38 crores in 2025, up from ₹339.23 crores in 2024. Profit after tax rose to ₹9.24 crores in 2025 compared to ₹5.02 crores in 2024.
| Period Ended | Revenue (₹ Crores) | Expense (₹ Crores) | Profit After Tax (₹ Crores) | Assets (₹ Crores) |
|---|---|---|---|---|
| 2023 | 67.49 | 67.29 | 0.15 | 36.66 |
| 2024 | 339.23 | 332.49 | 5.02 | 35.50 |
| 2025 | 352.38 | 340.01 | 9.24 | 71.19 |
Jainik Power and Cables IPO Valuation – FY2025
Key performance indicators (KPI) for FY2025:
| KPI | Values |
|---|---|
| ROE | 56.92% |
| ROCE | 55.92% |
| EBITDA Margin | 3.98% |
| PAT Margin | 2.63% |
| Debt to Equity Ratio | 0.79 |
| Earnings Per Share | ₹9.99 (Basic) |
| Price/Earnings (P/E) | N/A |
| Return on Net Worth | 56.92% |
| Net Asset Value (NAV) | ₹26.59 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Hind Aluminium Industries | 3.17 | 13.73 | 2.94 | 109.43 | [.] Cr. |
| Arfin India Limited | 0.54 | 43.23 | 7.23 | 9.29 | [.] Cr. |
Objects of the Issue
- Working capital requirements
- Setting up a new manufacturing plant
- Repayment of part of existing loans
- General corporate purposes
- Issue expenses
Jainik Power and Cables IPO Review
(Reviews by various brokerage firms and financial institutions)
- IPO Watch – May Apply
- Canara Bank
- DRChoksey FinServ
- Emkay Global
- Hem Securities
- IDBI Capital
- Marwadi Shares
- Nirmal Bang
- SBICAP Securities
- Sharekhan
- SMC Global
- Sushil Finance
- Swastika Investmart
- Ventura Securities
- Geojit
- Reliance Securities
- Capital Market
- BP Wealth
- ICICIdirect
- Choice Broking
Jainik Power and Cables IPO Registrar
- Registrar: Skyline Financial Services Private Ltd
- Phone: 02228511022
- Email: ipo@skylinerta.com
- Website: https://www.skylinerta.com/ipo.php
IPO Lead Manager (Merchant Banker)
- Fast Track Finsec Pvt Ltd is acting as the lead manager for the Jainik Power and Cables IPO.
Company Contact Information
Jainik Power and Cables Limited
39/101A, 1st Floor,
Community Centre, Wazirpur Industrial Area,
Wazir Pur III, North West Delhi,
West Delhi, New Delhi – 110052
Phone: +91-9999268508
Email: info@jainikpower.com
Website: https://www.jainikpower.com/
Jainik Power and Cables IPO FAQs
What is Jainik Power and Cables IPO?
It is an NSE SME IPO where the company plans to raise ₹51.30 crores. The IPO price band is ₹100 to ₹110 per equity share, and it will be listed on NSE SME.
When will the Jainik Power and Cables IPO open for subscription?
The IPO will open on June 10, 2025, and close on June 12, 2025.
What is the investor portion in the Jainik Power and Cables IPO?
- QIB: 10.05%
- NII: 44.97%
- Retail: 44.97%
How can I apply for the Jainik Power and Cables IPO?
Applications can be made via ASBA online through bank accounts, UPI through stockbrokers, or offline through stockbrokers.
- 1. What is the issue size of Jainik Power and Cables IPO?
- The issue size is ₹51.30 crores.
- 2. What is the price band of Jainik Power and Cables IPO?
- ₹100 to ₹110 per share.
- 3. What is the lot size for Jainik Power and Cables IPO?
- Minimum bid is 1200 shares amounting to ₹1,32,000.
- 4. When is the allotment date?
- June 13, 2025.
- 5. When will the IPO be listed?
- June 17, 2025, on NSE SME.
