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Jainik Power & Cables IPO
₹1,20,000/1200 shares
Minimum Investment
IPO Details
10 Jun 25
12 Jun 25
₹1,20,000
1200
₹100 to ₹110
NSE
₹51.30 Cr
17 Jun 25
Jainik Power & Cables IPO Timeline
Bidding Start
10 Jun 25
Bidding Ends
12 Jun 25
Allotment Finalisation
13 Jun 25
Refund Initiation
16 Jun 25
Demat Transfer
16 Jun 25
Listing
17 Jun 25
Jainik Power and Cables Limited
Established in May 2011, Jainik Power and Cables Limited began manufacturing aluminium wire rods in 2023 after over a decade of trading in aluminium rods. The company ensures adherence to Environmental, Health, and Safety (EHS) standards, backed by ISO certifications. Its Quality Assurance Department conducts purity tests using spectrometers to detect hidden impurities. The Sonipat, Haryana-based facility is certified with ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015. Jainik Power and Cables supplies its products across Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand, employing 71 staff members as of May 5, 2025
Jainik Power and Cables Limited IPO Overview
Jainik Power and Cables is launching its IPO through the book-building route, aiming to raise ₹51.30 crores. This issue comprises solely a fresh issue of 46.63 lakh equity shares. The subscription window for the IPO opens on June 10, 2025, and closes on June 12, 2025. The basis of allotment is expected to be finalised on Friday, June 13, 2025. The shares are proposed to be listed on the NSE SME platform, with a tentative listing date scheduled for Tuesday, June 17, 2025.
The IPO price band is set between ₹100 and ₹110 per share. Retail investors can apply for a minimum of one lot, which consists of 1,200 shares, requiring an investment of ₹1,20,000. However, due to the likelihood of oversubscription, it is advisable for investors to bid at the cut-off price, raising the investment to approximately ₹1,32,000. For High Net-Worth Individuals (HNIs), the minimum application is two lots, or 2,400 shares, amounting to ₹2,64,000. Fast Track Finsec Pvt Ltd is acting as the book-running lead manager for this IPO, while Skyline Financial Services Private Ltd has been appointed as the registrar. The market-making activities for the issue will be handled by Rikhav Securities Limited.
Jainik Power and Cables Limited IPO Details
| Particulars | Details |
| IPO Date | 10 June 2025 to 12 June 2025 |
| Listing Date | 17 June 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹100 to ₹110 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 46,63,200 shares (aggregating up to ₹51.30 Cr) |
| Fresh Issue | 46,63,200 shares (aggregating up to ₹51.30 Cr) |
| Offer for Sale | NA |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 96,84,500 shares |
| Share Holding Post Issue | 1,43,47,700 shares |
| Market Maker Portion | 2,34,000 shares (Rikhav Securities Limited) |
Jainik Power and Cables Limited IPO Reservation
| Investor Category | Shares Offered |
| QIB | Not more than 10.05% of the Net Issue |
| Retail | Not less than 44.97% of the Net Issue |
| NII (HNI) | Not less than 44.97% of the Net Issue |
Jainik Power and Cables Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1200 | ₹1,32,000 |
| Retail (Max) | 1 | 1200 | ₹1,35,000 |
| HNI (Min) | 2 | 2400 | ₹2,70,000 |
Jainik Power and Cables Limited IPO Promoter Holding
| Shareholding Status | Percentage |
| Pre-Issue | 99.79% |
| Post-Issue |
Jainik Power and Cables Limited IPO Valuation Overview
| KPI | Value |
| Earnings Per Share (EPS) | 9.99 |
| Price/Earnings (P/E) Ratio | TBD |
| Return on Net Worth (RoNW) | 56.92% |
| Net Asset Value (NAV) | 26.59 |
| Return on Equity | 56.92% |
| Return on Capital Employed (ROCE) | 55.92% |
| EBITDA Margin | 3.98% |
| PAT Margin | 2.63% |
| Debt to Equity Ratio | 0.79 |
Objectives of the Proceeds
- The company plans to utilise ₹23.50 crore towards meeting its working capital requirements.
- An amount of ₹10.99 crore will be allocated for funding and setting up a new plant.
- ₹5.00 crore will be used for the repayment of a portion of the loan availed by the company.
- Meet general corporate purposes.
- Funds will also be allocated towards issue expenses.
Key Financials (in ₹ crore)
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 71.19 | 35.50 | 36.66 |
| Revenue | 352.38 | 339.23 | 67.49 |
| Profit After Tax | 9.24 | 5.02 | 0.15 |
| Reserves and Surplus | 14.91 | 7.29 | 2.27 |
| Total Borrowings | 19.36 | 17.13 | 16.83 |
SWOT Analysis of Jainik Power & Cables IPO
Strength and Opportunities
- Established in 2011 with over a decade of industry experience.
- ISO-certified facility in Sonipat, Haryana, ensuring quality and safety standards.
- Strong focus on quality assurance with advanced testing methods.
- Growing product portfolio catering to various industries.
- Positive financial trajectory with increasing revenue and profit margins.
Risks and Threats
- Relatively recent transition to manufacturing in 2023.
- Limited geographical presence, currently operating in select states.
- Dependence on the domestic market may expose the company to regional economic fluctuations.
- Potential challenges in scaling operations to meet increasing demand.
- Exposure to fluctuations in raw material prices and supply chain disruptions.
Explore IPO Opportunities
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About Jainik Power and Cables Limited
Jainik Power and Cables IPO Strengths
- Robust customer relationships drive consistent demand and encourage repeat business.
- Daily logistics capacity of 50 tons enhances timely and efficient regional distribution.
- A focused website and SEO approach improves digital visibility and brand recognition.
- Internal quality checks uphold strict manufacturing benchmarks.
- Upcoming production of Aerial Bunch and Power Cables supports product diversification.
Peer Group Comparison
| Company Name | EPS | NAV (per share) (₹) | P/E (x) | RoNW (%) | P/BV Ratio |
| Jainik Power and Cables Limited | 9.99 | 26.59 | — | 56.92 | 4.23 |
| Peer Groups | |||||
| Hind Aluminium Industries Ltd. | 3.17 | 109.43 | 13.73 | 2.94 | 0.65 |
| Arfin India Ltd | 0.54 | 9.29 | 43.23 | 7.23 | 3.00 |
How to apply IPO with HDFC SKY?
Follow these simple steps to apply for an IPO through HDFC SKY. Secure your investments and explore new opportunities with ease by accessing the IPOs available on the platform.
1Login to your HDFC SKY Account
2Select Issue
3Enter Number of Lots and your Price.
4Enter UPI ID
5Complete Transaction on Your UPI App
FAQs On Jainik Power and Cables Limited IPO
How can I apply for Jainik Power and Cables Limited IPO?
You can apply via HDFCSky, or other brokers using UPI-based ASBA (Application Supported by Blocked Amount).
When is the Jainik Power and Cables IPO opening for subscription?
The IPO opens on 10 June 2025 and closes on 12 June 2025.
What is the price band for the Jainik Power and Cables IPO?
The IPO price band is set between ₹100 to ₹110 per share.
What is the minimum investment required for retail investors?
Retail investors must invest a minimum of ₹1,32,000 for one lot of 1200 shares.
On which platform will the Jainik Power and Cables IPO be listed?
The shares will be listed on the NSE SME platform on 17 June 2025.
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