IPO - Check IPO Date, Price, Lot Size

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.

Jainik Power Cables Ltd IPO Details

Total Shares Offered

₹ 46,63,200

Offer to Public

TBA

Retail Max (Shares)

₹ 19,92,000

Pre Issue Promoters Holding

₹ 96,64,000

Exchange

NSE

Issue size

₹ 51.3 Cr

IPO Open Date

Jun 10, 2025

Close Date

Jun 12, 2025

Lot Size

1200

Min Investment

₹ 1,20,000

Issue Type

Book Building - SME

Listing Date

Jun 17, 2025

Jainik Power Cables Ltd IPO Dates

Jun 10, 2025

Opening date

Jun 12, 2025

Closing date

Jun 13, 2025

Basis of Allotment

Jun 16, 2025

Initiation of Refunds

Jun 16, 2025

Credit of Shares

Jun 17, 2025

Listing date

Details

Sector	Type
Sector	Aluminium and Aluminium Products
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	1.01x	445200	447600
NII	1.25x	1992000	2494800
Retail	2.08x	1992000	4134000
Employee	0x	0	0
Total	1.52x	4663200	7076400

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

1.01x

1.25x

2.08x

1.52x

445200

1992000

4663200

447600

2494800

4134000

7076400

Jainik Power Cables Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	13.26	7.47	0.36
EBITDA	14.15	8.20	0.53
PAT	9.24	5.02	0.15
Total Assets	63.97	27.64	31.09
Share Capital	9.68	0.57	0.57
Total Borrowings	25.04	11.56	13.96
Operating Activities (Net Cash)	10.13	5.75	0.32
Investing Activities (Net Cash)	0.00	0.05	-4.31
Financing Activities (Net Cash)	25.04	11.56	13.96
Net Cashflow	5.67	3.35	0.20

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 & 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. 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.

Peer Comparison:

Jainik Power Cables Limited
Hind Aluminium Industries Limited
Arfin India Limited

Jainik Power Cables Ltd 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

The 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.

The company does not have firm commitments, or long-term agreements with its customers. If the company customers choose not to source their requirements from it or manufacture such products in-house, its business and results of operations may be adversely affected.

Its business is dependent on effective inventory management and demand forecasting. Any inability to accurately predict demand and manage inventory levels may adversely affect its 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

How To Apply for Jainik Power Cables Ltd IPO Online?

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

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

FAQs on IPO (Initial Public Offering)

What is the issue size of the Jainik Power Cables Ltd IPO?

Jainik Power Cables Ltd's IPO offers shares for up to 51.3 It begins on Jun 10, 2025 and ends on Jun 12, 2025.

What is the price of the Jainik Power Cables Ltd IPO?

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

What are the open and close dates for the Jainik Power Cables Ltd IPO?

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

When will the Jainik Power Cables Ltd IPO be allotted?

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.

What is the minimum lot size required for Jainik Power Cables Ltd IPO?

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

What is the GMP of Jainik Power Cables Ltd IPO?

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

How do you check the allotment status of Jainik Power Cables Ltd IPO?

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.'

Where is the Jainik Power Cables Ltd IPO getting listed?

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.

How do you apply for the Jainik Power Cables Ltd IPO?

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.