Jainik Power Cables Ltd IPO

Jainik is engaged in manufacturing aluminum wire rods from the year 2023, and it's been more than a decade since the company has worked in the metal industry, before the manufacturing the company deals in the trading of aluminum rods. Our Company is a manufacturer and supplier of aluminium wire rods with the good quality practices and compliant with the Highest Environmental, Health, and Safety (EHS) in the manufacturing industry. The company has a Quality Assurance Department which ensures testing through spectrometers for purity checks and detects even hidden impurities.

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50years

Jainik Power Cables Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 46.63 LTBATBATBANSE₹ 51.3 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
10 Jun, 2512 Jun, 251200 ₹ 1,20,000 Book Building - SME17 Jun, 25

Jainik Power Cables Ltd IPO Dates

  • 10 Jun 2025

    Opening date

  • 12 Jun 2025

    Closing date

  • 13 Jun 2025

    Basis of
    Allotment

  • 16 Jun 2025

    Initiation of
    Refunds

  • 16 Jun 2025

    Credit of
    Shares

  • 17 Jun 2025

    Listing date

Details

SectorType
SectorAluminium and Aluminium Products
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB0x00
NII0x00
Retail0x00
Employee0x00
Total0x46632000

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Jainik Power Cables Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations7.470.360.32
EBITDA8.200.530.55
PAT5.020.150.06
Total Assets27.6531.0924.91
Share Capital0.570.570.57
Total Borrowings11.5713.9612.93
Operating Activities (Net Cash)5.750.320.29
Investing Activities (Net Cash)0.05-4.311.08
Financing Activities (Net Cash)11.5713.9612.93
Net Cashflow3.350.200.12

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About Jainik Power Cables Ltd

Our Company was originally incorporated as a Private Limited Company with the name Jainik Enterprises Private Limited pursuant to a certificate of incorporation dated May 02, 2011 issued by the RoC in accordance with provisions of the Companies Act, 1956. The name of our Company was subsequently changed to `Jainik Power and Cables Private Limited and fresh certificate of incorporation was issued by the RoC dated February 09, 2024, thereafter upon conversion into a public company, pursuant to a shareholders' resolution dated February 15, 2024, the name of the company finally changed to `Jainik Power and Cables Limited' and fresh Certificate of Incorporation was issued by the RoC dated May 08, 2024. The name of our company was subsequently changed to `Jainik Power Cables Limited' and fresh certificate of incorporation was issued by the ROC dated April 08, 2025. As on date of this Red Herring Prospectus, the Corporate Identification Number of our Company is U27205DL2011PLC218425.

Aluminium is a recyclable environment-friendly metal having a host of applications in a number of diverse sectors - power, transportation, building, construction, packaging and many more. Increasing application, growing environmental concerns &amp; move towards greater use of recyclable materials are driving growth in the world aluminium market. Aluminium represents the second largest metal market in the world, in volume terms, after iron and steel. The aluminium industry encompasses the extraction of the ore (bauxite) as well as primary and secondary processing of the metal.<br /> The major end users of aluminium include engineering sector (electrical appliances, power), transport (automobile engines, fabrications), construction (windows, door frames), packaging (aluminium foils, beverage cans) and consumer durables (refrigerators, washing machines) etc. Moreover, while the demand in the western world is fairly distributed across usage sectors, the same is not true for India where the demand is concentrated in electrical and electronics sector. It is predicted that the demand growth of Aluminium in the India in next few years is going to be substantially higher due to projected high GDP growth in India in the coming years. Multiple initiatives of Govt. of India like Make in India, 100% rural electrification, Housing for All, Smart Cities, National infrastructure pipeline of Rs. 100 lakh Crore, renewable energy and FAME (Faster adoption of manufacturing of Hybrid and EV) schemes for electric vehicles, increase in FDI etc. will boost the consumption of the metal in the country.

Jainik is engaged in manufacturing aluminum wire rods from the year 2023, and it's been more than a decade since the company has worked in the metal industry, before the manufacturing the company deals in the trading of aluminum rods. Our Company is a manufacturer and supplier of aluminium wire rods with the good quality practices and compliant with the Highest Environmental, Health, and Safety (EHS) in the manufacturing industry. The company has a Quality Assurance Department which ensures testing through spectrometers for purity checks and detects even hidden impurities.

Peer Comparison:

  • Jainik Power Cables Limited
  • Hind Aluminium Industries Limited
  • Arfin India Limited

Jainik Power Cables Ltd IPO Key Points

Strengths

  • Efficient business model with track record of delivering financial growth.
  • We believe that our Promoters have played a key role in the development of our business and we benefit from their industry knowledge and expertise, vision and leadership.
  • Cordial relations with our consumers.
  • We believe that quality and innovations are the key ingredients of success. We have developed quality control processes for inspecting the raw materials as well as the final products.

Risk

  • Our Company, only has one year of prior experience in manufacturing of aluminium goods which could adversely affect the results of operations and financial condition of the Company.
  • We do not have firm commitments, or long-term agreements with our customers. If our customers choose not to source their requirements from us or manufacture such products in-house, our business and results of operations may be adversely affected.
  • Our business is dependent on effective inventory management and demand forecasting. Any inability to accurately predict demand and manage inventory levels may adversely affect our business, financial condition, results of operations, and cash flows.

Strategy

  • Increase in Installed Capacity.
  • Expansion and diversification in the same field of business.
  • Continue improving financial performance through focus on operational and functional efficiencies.
  • Increase wallet share with existing customers and continued focus to expand customer base
  • Efficient business model with track record of delivering financial growth.
  • We believe that our Promoters have played a key role in the development of our business and we benefit from their industry knowledge and expertise, vision and leadership.
  • Cordial relations with our consumers.
  • We believe that quality and innovations are the key ingredients of success. We have developed quality control processes for inspecting the raw materials as well as the final products.

How To Apply for Jainik Power Cables Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Jainik Power Cables Ltd's IPO offers shares for up to ₹ 0 L It begins on Jun 10, 2025 and ends on Jun 12, 2025.

The price of Jainik Power Cables Ltd IPO ranges between ₹100 to ₹110 per share.

The Jainik Power Cables Ltd IPO opens on Jun 10, 2025 and closes on Jun 12, 2025.

The allotment for the Jainik Power Cables Ltd IPO will be finalised on Jun 13, 2025. The shares will be listed on BSE and NSE on Jun 17, 2025.

The minimum lot size for Jainik Power Cables Ltd IPO is 1200 shares, priced between ₹100 to ₹110 per share.

The GMP (Grey Market Premium) of Jainik Power Cables Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Jainik Power Cables Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Jainik Power Cables Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jun 10, 2025, and closes on Jun 12, 2025. The allotment is finalised on Jun 13, 2025.

To apply for the Jainik Power Cables Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.