Jainik Power and Cables IPO is scheduled to start on June 10, 2025, offering investors an opportunity to participate in the company’s growth story.
The IPO is a book-built issue aiming to raise approximately ₹51.30 crores entirely through a fresh issue of 46.63 lakh shares with a face value of ₹10 each.
The IPO price band is set at ₹100 to ₹110 per share. The allocation structure reserves 44.97% of shares for retail investors, 10.05% for Qualified Institutional Buyers (QIBs), and 44.97% for High Net-worth Individuals (HNIs).
For retail investors, the minimum lot size is 1200 shares, requiring an investment of at least ₹1,20,000 at the lower price band. However, to improve the chances of allotment in the event of oversubscription, it is advisable to bid at the cutoff price, requiring an investment of approximately ₹1,32,000. HNI investors will need to apply for a minimum of 2 lots (2,400 shares), which amounts to ₹2,64,000.
Jainik Power and Cables has demonstrated steady financial growth, reporting revenue of ₹352.38 crores in 2025 (compared to ₹339.23 crores in 2024) and a net profit of ₹9.24 crores in 2025 (up from ₹5.02 crores in 2024). Given its consistent performance and sector potential, the IPO appears attractive for long-term investors seeking growth in the power and cables industry.
Aluminum is the second most used metal in the world after steel, with about 88 million tonnes used every year (including recycled materials). Since 2023, Jainik Enterprises has been making aluminium wire rods with good quality standards and by following Environmental, Health, and Safety (EHS) practices in the manufacturing sector. Before this, they were also active in the metal industry.
The company supplies its products to many states like Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand. Their sales and marketing work is handled from their registered office in Delhi and their factory premises. At present, they make 9.5 mm aluminium wire rods to serve their customers.
The promoters and managing director of Jainik Power and Cables Limited are highly experienced, with about 32 years of experience in the metal industry. The company was started in May 2011 and has been making aluminium wire rods since 2023. Before that, they were involved in trading aluminium rods and have more than a decade of experience in this industry.
Jainik Power and Cables makes and supplies aluminium wire rods that follow EHS standards and are supported by ISO certifications. Their Quality Assurance Department uses spectrometers to check the purity and catch any hidden impurities.
Their manufacturing plant in Sonipat, Haryana is certified with ISO 9001:2015 and ISO 45001:2018 from Innovative Systemcert Pvt. Ltd. (Accredited by EGAC, International Accreditation Forum), and ISO 14001:2015 from the United Accreditation Foundation, making sure they follow good quality, environmental, and safety standards. They sell their products in Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand. As of May 05, 2025, the company has 71 employees.
Overview of Contents
Jainik Power and Cables IPO Overview
| Particulars | Details |
|---|---|
| Listing At | NSE SME |
| Face Value | ₹10 per equity share |
| IPO Price Band | ₹100 to ₹110 per share |
| Lot Size | 1,200 shares |
| Total Issue Size | 46,63,200 shares (approx. ₹51.30 crores) |
| Fresh Issue | 46,63,200 shares (approx. ₹51.30 crores) |
| Offer for Sale (OFS) | Not Applicable (no shares offered for sale) |
| Issue Type | Book Built Issue |
| Market Maker Portion | 2,34,000 shares |
| Retail Quota | Not more than 44.97% |
| QIB Quota | Not more than 10.05% |
| NII Quota | Not more than 44.97% |
| Shareholding Pre-Issue | 96,84,500 shares |
| Shareholding Post-Issue | 1,43,47,700 shares |
Jainik Power and Cables IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
Jainik Power and Cables IPO Dates
| Event | Date (Day) |
|---|---|
| IPO Open Date | June 10, 2025 (Tuesday) |
| IPO Close Date | June 12, 2025 (Thursday) |
| Basis of Allotment | June 13, 2025 (Friday) |
| Refunds | June 16, 2025 (Monday) |
| Credit to Demat Account | June 16, 2025 (Monday) |
| IPO Listing Date | June 17, 2025 (Tuesday) |
Jainik Power and Cables IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,32,000 |
| Retail (Max) | 1 | 1,200 | ₹1,32,000 |
| HNI (Min) | 2 | 2,400 | ₹2,64,000 |
Objects of the Issue
- Working Capital Requirement
- Fund and set up a plant
- Repayment of portion of loan availed by the company
- General corporate purposes
- Issue Expenses
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Hind Aluminium Industries Limited | 3.17 | 13.73 | 2.94 | 109.43 | [.] Cr. |
| Arfin India Limited | 0.54 | 43.23 | 7.23 | 9.29 | [.] Cr. |
Jainik Power and Cables IPO Review
- 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 Promoter Holding
The promoters of the company are Mr. Shashank Jain, Mr. Prateek Jain, Mrs. Anju Jain, and Mr. Subhash Chand Jain. The table below shows the shareholding before and after the IPO:
| Particulars | Shareholding |
|---|---|
| Pre-Issue Holding | 99.79% |
| Post-Issue Holding | [To be announced] |
Jainik Power and Cables IPO Financial Performance
Between March 31, 2024, and March 31, 2025, Jainik Power and Cables Limited saw a 4% increase in revenue and an 84% jump in profit after tax (PAT), showing strong growth momentum.
| Particulars (₹ in Crore) | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 |
|---|---|---|---|
| Assets | 71.19 | 35.50 | 36.66 |
| Revenue | 352.38 | 339.23 | 67.49 |
| Profit After Tax | 9.24 | 5.02 | 0.15 |
| Net Worth | 24.59 | 7.86 | 2.84 |
| Reserves & Surplus | 14.91 | 7.29 | 2.27 |
| Total Borrowings | 19.36 | 17.13 | 16.83 |
Jainik Power and Cables IPO Valuation – FY2025
| Key Metric | Value |
|---|---|
| Return on Equity (ROE) | 56.92% |
| Return on Capital Employed | 55.92% |
| EBITDA Margin | 3.98% |
| PAT Margin | 2.63% |
| Debt-to-Equity Ratio | 0.79 |
| Earnings Per Share (EPS) | ₹9.99 (Basic) |
| Price/Earnings (P/E) Ratio | Not Available |
| Return on Net Worth (RoNW) | 56.92% |
| Net Asset Value (NAV) | ₹26.59 |
Jainik Power and Cables IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
IPO Lead Managers aka Merchant Bankers
- Fast Track Finsec Pvt Ltd
Company Address
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: [email protected]
Website: https://www.jainikpower.com/
Jainik Power and Cables IPO FAQs
When does the Jainik Power and Cables IPO open and close?
The IPO opens on June 10, 2025, and closes on June 12, 2025.
What is the IPO price band?
The price band is set between ₹100 and ₹110 per share.
What is the lot size for Jainik Power and Cables IPO?
The minimum lot size is 1,200 shares. Investors can bid in multiples of this lot size.
What is the total issue size of the IPO?
The company is raising approximately ₹51.30 crores through a fresh issue of 46,63,200 shares.
Where will Jainik Power and Cables IPO be listed?
The IPO will be listed on the NSE SME platform.
What is the shareholding pattern before and after the IPO?
Promoters hold about 99.79% shares before the IPO. The post-issue shareholding details will be announced after the IPO.