Jainik Power & Cables Ltd logo

Jainik Power & Cables IPO

  • Status: Closed
  • RHP:
  • ₹ 120,000 / 1200 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    17 Jun 2025

  • Listing Price

    ₹ 82.00

  • Listing Change

    -25.45%

  • Last Traded Price

    ₹ 75.00

IPO Details

  • Open Date

    10 Jun 2025

  • Close Date

    12 Jun 2025

  • Listing Date

    17 Jun 2025

  • IPO Price Range

    ₹ 100 to ₹110

  • IPO Size

    ₹ 51.30 Cr

  • Listing Exchange

    NSE SME

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Jainik Power & Cables IPO Subscription Status

Last Updated: 17 June 2025 11:10 AM by 5Paisa

Jainik Power and Cables is launching a ₹51.30 crore IPO. Active in aluminum wire rod manufacturing since 2023, it has over a decade of industry experience. Its Sonipat, Haryana facility holds ISO 9001:2015, 14001:2015, and 45001:2018 certifications. The company follows strict EHS standards, using spectrometers for purity tests, and supplies products across Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand.

Established in: 2011
Managing Director: Mr. Shashank Jain

Peers

Hind Aluminium Industries Ltd
Arfin India Ltd

Objectives

Working capital requirements
Fund and set up a plant
Repayment of a portion of loan availed by the company
General corporate purposes    
Issue expenses
 

Jainik Power & Cables IPO Size

Types Size
Total IPO Size ₹51.30 Cr
Offer For Sale -
Fresh Issue ₹51.30 Cr

 

Jainik Power & Cables IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 120,000
Retail (Max) 1 1200 120,000
HNI (Min) 2 2400 240,000

Jainik Power & Cables IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 1.01 4,45,200 4,47,600 4.924
NII (HNI) 1.13 19,92,000 22,60,800 24.869
Retail 2.08 19,92,000 41,34,000 45.474
Total** 1.54 44,29,200 68,42,400 75.266

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY24 FY25
Revenue 67.49 339.23 352.38
EBITDA 1.36 8.11 14.00
PAT 0.15 5.02 9.24
Particulars (in Rs. Crores)] FY23 FY24 FY25
Total Assets 36.66 35.50 71.19
Share Capital 0.57 0.57 9.68
Total Borrowings 16.83 17.13 19.36
Particulars (in Rs. Crores FY23 FY24 FY25
Net Cash Generated From / (used in) operating activities 3.44 6.72 -5.33
Net Cash Generated From / (used in) investing activities -4.46 -2.62 -0.65
Net Cash Generated From / (used in) financing activities 1.11 -0.95 8.30
Net Increase (Decrease) In Cash And Cash Equivalents 0.08 3.15 2.32


Strengths

1. ISO-certified facility ensures quality, safety, and environmental compliance.
2. Experienced promoters with over 30 years in the metal industry.
3. Rapid revenue growth since manufacturing began in April 2023.
3. Strong foothold in key northern Indian markets.
 

Weaknesses

1. Limited manufacturing track record since operations began recently.
2. High dependence on aluminium prices affects margins.
3. Significant reliance on select suppliers and customers.
4. Exposure to environmental regulation risks and compliance issues.
 

Opportunities

1. Scope to expand into new regional and export markets.
2. Potential to develop customised and premium-grade wire products.
3. Rising demand for eco-friendly and energy-efficient materials.
4. portunity to diversify product line beyond aluminum wire rods.
 

Threats

1. Intense global and domestic competition pressures pricing.
2. Regulatory changes may affect operational compliance and costs.
3. Aluminium price volatility impacts profitability and planning.
4. Technological shifts may render current processes less competitive.
 

1. Strong revenue and profit growth from ₹67.49 Cr in FY23 to ₹352.38 Cr in FY25.
2. ISO-certified manufacturing and environmental compliance support long-term sustainability and trust.
3. Strategic use of IPO funds for plant setup, debt reduction, and expansion plans.
4. Operates in a growing sector driven by infrastructure, electrification, and Make in India push.
 

1. India's aluminium demand is rising due to infrastructure and power sector investments.
2. Aluminium wire rods are critical for transmission, distribution, and industrial applications.
3. The cables and conductors market is expanding with smart grid and electrification projects.
4. The government's focus on “Make in India” boosts local aluminium manufacturing.
 

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FAQs

Jainik Power and Cables IPO opens from 10 June 2025 to 12 June 2025.
 

The size of Jainik Power and Cables IPO is ₹51.30 Cr.
 

The price of Jainik Power and Cables IPO is fixed at ₹100 to ₹110 per share. 

To apply for Jainik Power and Cables IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for the Jainik Power and Cables  IPO.    
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Jainik Power and Cables IPO is 1,200 shares and the investment required is ₹120,000.
 

The share allotment date of Jainik Power and Cables IPO is 13 June 2025
 

Jainik Power and Cables IPO will likely be listed on 17 June 2025.
 

Fast Track Finsec Pvt. Ltd. is the book running lead manager for Jainik Power and Cables IPO.
 

Jainik Power and Cables plans to utilise the raised capital from the IPO for:

  • Working capital requirements
  • Fund and set up a plant
  • Repayment of a portion of loan availed by the company
  • General corporate purposes    
  • Issue expenses