Jainik Power and Cables IPO: Date, Review, GMP Price & Allotment Details

IPO Date: 10 June - 12 June- 2025

Price: ₹110
Lot Size: 1200 Shares
Allotment Date: 13-Jun-2025
Listing Date: 17-Jun-2025
IPO Size:Approx ₹51.30 Crores

IPO GMP:- 6.36% Or ₹7
Listing Gain 6.36%

Jainik Power and Cables IPO Details: The Jainik Power and Cables IPO will open for subscription on June 10, 2025, and close on June 12, 2025. This is a Book Built Issue, through which the company aims to raise approximately ₹51.30 crore. The IPO comprises a fresh issue worth ₹51.30 crore, while details regarding the offer for sale (OFS) are yet to be announced.

The price band for the IPO is set between ₹100 to ₹110 per share. The allocation quota is divided as follows: 44.97% for retail investors, 10.05% for Qualified Institutional Buyers (QIBs), and 44.97% for High Net-Worth Individuals (HNIs). The company is proposed to be listed on the NSE, with the listing expected in 2025. The IPO allotment date is scheduled for June 13, 2025.

In terms of financial performance, Jainik Power and Cables reported a revenue of ₹352.38 crore in FY 2025, up from ₹339.23 crore in FY 2024. The net profit also saw a notable increase to ₹9.24 crore in FY 2025, compared to ₹5.02 crore in FY 2024.

Considering the company’s consistent growth in revenue and profitability, the IPO appears to be a promising long-term investment opportunity.

Jainik Power and Cables IPO Objectives:

  • Working Capital Requirement
  • Fund and set up a plant
  • Repayment of portion of loan availed by the company
  • General corporate purposes
  • Issue Expenses

Jainik Power and Cables IPO Review (Apply or Not)

  • May Apply

Jainik Power and Cables IPO Date & Price Band 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
Anchor Investors List:Click Here

Jainik Power and Cables IPO Lot Size:

The minimum lot size for the Jainik Power and Cables IPO is 1,200 shares, requiring a minimum investment of ₹1,32,000 for retail investors.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹1,32,000
Retail Maximum11200₹1,32,000
HNI Minimum22.400₹2,64,000

Jainik Power and Cables IPO Allotment & Listing Date (Details)

The Jainik Power and Cables IPO will open on June 10, 2025, and close on June 12, 2025. The basis of allotment is expected to be finalized on June 13, 2025, with the shares likely to be listed on the NSE 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 the company are Mr. Shashank Jain, Mr. Prateek Jain and Mrs. Anju Jain and Mr. Subhash Chand Jain.

About Jainik Power and Cables IPO

Aluminum is the second most widely used metal in the world after steel, with a yearly usage of 88 million tonnes (including recycled material). Since 2023, Jainik Enterprises has been manufacturing aluminium wire roads with quality practices and compliant with the Environmental, Health, and Safety (EHS) standards in the manufacturing industry. They were also engaged in worked in the metal industry.

Moreover, this firm supplies its products to various states such as Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand. Their sales and marketing operations are managed from their registered office in Delhi and their factory premises. Currently, they manufacture 9.5 mm aluminum wire rods to serve their customer base.

Furthermore, the promoters and the managing director of this firm are experienced and have around 32 years of experience in the metal industry.

Jainik Power and Cables IPO Company Financial Report

The company reported revenue of ₹352.38 crores in 2025 against ₹339.23 crore in 2024. The company reported profit of ₹9.24 crores in 2025 against profit of ₹5.02 crores in 2024.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
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

Check Jainik Power and Cables IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:56.92%
ROCE:55.92%
EBITDA Margin:3.98%
PAT Margin:2.63%
Debt to equity ratio:0.79
Earning Per Share (EPS):₹9.99 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):56.92%
Net Asset Value (NAV):₹26.59

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Hind Aluminium
Industries Limited
3.1713.732.94109.43[.] Cr.
Arfin India Limited0.5443.237.239.29[.] Cr.

Jainik Power and Cables IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
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: info@jainikpower.com
Website: https://www.jainikpower.com/

Jainik Power and Cables IPO – Frequently Asked Questions (FAQs)

What is the Jainik Power and Cables IPO?
Jainik Power and Cables IPO is an NSE SME IPO through which the company plans to raise ₹51.30 crore. The IPO is a Book Built Issue, with a price band set between ₹100 to ₹110 per equity share. The shares will be listed on the NSE SME platform.

When will the Jainik Power and Cables IPO open for subscription?
The IPO will open for subscription on June 10, 2025, and close on June 12, 2025. It is open to QIBs (Qualified Institutional Buyers), NIIs (Non-Institutional Investors), and retail investors.

What is the investor quota for the Jainik Power and Cables IPO?
The investor allocation is as follows:

  • QIBs: 10.05%
  • NIIs (HNI): 44.97%
  • Retail Investors: 44.97%

How can I apply for the Jainik Power and Cables IPO?
You can apply through the ASBA facility available in your bank’s net banking portal. Alternatively, applications can be submitted via UPI through stockbrokers or by filling out a physical IPO application form through your broker.

What is the issue size of the Jainik Power and Cables IPO?
The total issue size is ₹51.30 crore, consisting entirely of a fresh issue.

What is the price band of the Jainik Power and Cables IPO?
The IPO price band is set between ₹100 to ₹110 per share.

What is the lot size for the Jainik Power and Cables IPO?
The minimum lot size is 1,200 shares, which requires a total investment of ₹1,32,000 for retail investors.

When will the allotment for the Jainik Power and Cables IPO be finalized?
The basis of allotment is expected to be finalized on June 13, 2025.

What is the listing date for the Jainik Power and Cables IPO?
The shares are expected to be listed on the NSE SME platform on June 17, 2025.

IPO Date: 10 June - 12 June- 2025

Price: ₹110
Lot Size: 1200 Shares
Allotment Date: 13-Jun-2025
Listing Date: 17-Jun-2025
IPO Size:Approx ₹51.30 Crores

IPO GMP:- 6.36% Or ₹7
Listing Gain 6.36%

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