IPO Details
Bidding Dates
10 Jun '25 - 12 Jun '25
Minimum Investment
₹1,20,000/ 1 Lot (1,200 Shares)
Price Range
₹100-₹110
Maximum Investment
₹1,32,000/ 1 Lot (1,200 Shares)
Retail Discount
To be announced
Issue Size
₹51.30 Cr
Investor category and sub category
Retail Individual Investors (RII) | Non-institutional Investors (NII) | Qualified Institutional Buyers (QIB) |Jainik Power and Cables IPO Important Dates
Important dates with respect to IPO allotment and listing
IPO Opening Date
Jun 10, 25
IPO Closing Date
Jun 12, 25
Basis of Allotment
Jun 13, 25
Initiation of Refunds
Jun 16, 25
IPO Listing Date
Jun 17, 25
About Jainik Power and Cables IPO
Jainik Power and Cables is launching its IPO through the book-building route, aiming to raise ₹51.30 crore. The entire issue comprises a fresh offering of 46.63 lakh equity shares. The IPO will open for subscription on June 10, 2025, and close on June 12, 2025.
The allotment is expected to be finalised on June 13, 2025. Jainik Power and Cables is set to list on NSE SME, with a tentative listing date of June 17, 2025. The price band for the IPO is fixed between ₹100 and ₹110 per share. Retail investors can apply for a minimum of 1,200 shares, amounting to ₹1,20,000.
However, to increase the chances of allotment in case of oversubscription, it is suggested to bid at the cut-off price, which is around ₹1,32,000. For High Net-worth Individuals (HNIs), the minimum application size is 2 lots or 2,400 shares, requiring an investment of ₹2,64,000.
Fast Track Finsec Private Limited is the book-running lead manager, Skyline Financial Services Private Limited is the registrar, and Rikhav Securities Ltd is the market maker for this IPO.
Industry Outlook
- Global aluminium consumption reached 16.49 million tonnes during Jan–Mar 2022, slightly exceeding production. In India, aluminium demand is expected to grow at around 9% annually over the next two years, driven by infrastructure and automotive growth. This rising demand highlights the sector's stability and long-term potential.
- India accounts for 6.14% of global aluminium production, with 4 billion tonnes of high-grade bauxite reserves. However, the country's per capita aluminium consumption is just 2.5 kg—far below the world average of 11 kg and China’s 24 kg—indicating significant room for future growth.
- Aluminium is vital to India’s ambition of becoming a US$ 5 trillion economy. With large-scale investments and government support for infrastructure and electric mobility, aluminium usage is expected to rise steadily.
Jainik Power and Cables IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- The company plans to use the IPO proceeds to meet its working capital needs, supporting day-to-day operations and business growth.
- A portion of the funds will be used to set up a new manufacturing plant to expand production capacity.
- Part of the issue amount will be utilised to repay existing loans, helping reduce debt and improve financial stability.
- The company also aims to use the funds for general corporate purposes, including operational and strategic needs.
- A share of the proceeds will go towards covering issue-related expenses.
About Jainik Power and Cables Limited
Jainik Power and Cables Limited is a Delhi-based company engaged in the manufacturing and supply of aluminium wire rods. Initially incorporated as Jainik Enterprises Private Limited in May 2011, the company was primarily involved in trading aluminium scrap and ingots. Over time, it expanded into trading aluminium wire rods and later ventured into manufacturing in April 2023.
The company now operates a fully equipped manufacturing facility in Sonipat, Haryana, which holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications. These credentials reflect the company’s commitment to quality, environmental safety, and workplace health standards.
Before beginning its manufacturing journey, the company acquired land in FY 2021-22 and further expanded its capacity by purchasing additional land in FY 2022-23. Jainik Power and Cables currently produces 9.5 mm aluminium wire rods and supplies across multiple states including Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand. It has reported strong revenue growth from operations, with ₹33,776.58 lakh in FY25.
The company is promoted by Mr. Shashank Jain and Mr. Prateek Jain, who together bring around 32 years of experience in the metal industry. Their strategic shift from trading to manufacturing is driven by hands-on knowledge and long-standing industry relationships, positioning the company for future growth.
How To Check the Allotment Status of Jainik Power and Cables IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How To Apply for the Jainik Power and Cables IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Jainik Power and Cables IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Contact Details of Jainik Power and Cables IPO
Registered office: 39/101A, 1st Floor, Community Centre, Wazirpur Industrial Area, Wazir PurIII, North West Delhi, Delhi, India, 110052
Phone:+91-9999268508
E-mail:info@jainikpower.com
Jainik Power and Cables IPO Reservation
Investor Category |
Shares Offered |
Qualified Institutional Buyers (QIBs) |
Up to 10.05% of the Net Issue |
Retail Individual Investors (RIIs) |
At least 44.97% of the Net Issue |
Non-Institutional Investors (NIIs) |
At least 44.97% of the Net Issue |
Jainik Power and Cables IPO Lot Size
Application |
Lots |
Shares |
Amount |
Retail (Min) |
1 |
1,200 |
₹1,20,000 |
Retail (Max) |
1 |
1,200 |
₹1,32,000 |
HNI (Min) |
2 |
2,400 |
₹2,64,000 |
Jainik Power and Cables IPO Promoter Holding
Mr. Shashank Jain, Mr. Prateek Jain and Mrs. Anju Jain and Mr. Subhash Chand Jain are the promoters of the company.
Share Holding Pre-Issue |
99.79% |
Share Holding Post Issue |
- |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Key Performance Indicators for Jainik Power and Cables IPO
KPI |
Value |
ROE (%) |
56.92% |
RoCE (%) |
55.92% |
Price to Book Value |
0.80 |
PAT Margin |
2.63 |
Jainik Power and Cables IPO Prospectus
Jainik Power and Cables IPO Registrar and Lead Managers
Jainik Power and Cables IPO Lead Managers
- Fast Track Finsec Private Limited
Registrar for Jainik Power and Cables IPO
Skyline Financial Services Private Limited
- Contact Number: 02228511022
- Email Address: ipo@skylinerta.com
Jainik Power and Cables IPO Registrar
Financial Performance of Jainik Power and Cables Limited
Particulars | Year ending on March 31, 2025 | Year ending on March 31, 2024 | Year ending on March 31, 2023 |
---|---|---|---|
Revenue from Operation (in ₹ lakh) | 35,168.95 | 33,862.12 | 6,738.40 |
Profit/ (loss) for the year (in ₹ lakh) | 923.60 | 501.86 | 14.66 |
Earnings per Share (₹) | 9.99 | 6.03 | 0.18 |
Net Worth (in ₹ lakh) | 2,459.14 | 786.16 | 284.30 |
Return on Equity (RoE) (%) | 56.92 | 93.77 | 5.29 |
Return on Capital Employed (RoCE) | 55.92 | 52.30 | 14.88 |
EBITDA (in ₹ lakh) | 1,399.94 | 811.41 | 135.65 |
Know before investing
Strengths
5-
Strong customer relations ensure steady demand and repeat business growth.
-
Daily logistics capacity of 50 tons boosts efficient regional deliveries.
-
Website and SEO strategy strengthens online visibility and brand recall.
-
In-house quality assurance ensures high manufacturing standards are maintained.
-
Plans to manufacture Aerial Bunch and Power Cables enable diversification.
Risks
5-
Only one year of manufacturing experience may affect business stability.
-
Revenue heavily depends on the top 10 customers contributing 52.28% sales.
-
No long-term customer contracts expose the company to revenue uncertainty.
-
Volatile raw material prices may impact operations and financial health.
-
54.73% purchases from top suppliers risk supply chain disruption.

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for
Jainik Power and Cables IPO Peer Comparison
Company Name | EPS (Basic) | NAV (per share in ₹) | RoNW (%) | P/BV Ratio |
---|---|---|---|---|
Jainik Power and Cables Limited | 9.99 | 26.59 | 56.92 | 4.23 |
Hind Aluminium Industries Limited | 3.17 | 109.43 | 2.94 | 0.65 |
Arfin India Limited | 0.54 | 9.29 | 7.23 | 3.00 |
Jainik Power and Cables IPO FAQs

Jainik Power and Cables IPO is a book-built issue IPO. It runs from June 10, 2025, to June 12, 2025.

The Basis of Allotment will happen on Friday, June 13, 2025.

The IPO subscription window will open on June 10, 2025.

The minimum lot size retail investors can subscribe to is 1 lot, and the lot size is 1,200 shares.

The listing date for Jainik Power and Cables IPO is Tuesday, June 17, 2025.

The issue size of the Jainik Power and Cables IPO is up to ₹51.30 crore.

The open and close dates for Jainik Power and Cables IPO are from June 10, 2025, to June 12, 2025.

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.

You will receive a notification once your order is successfully placed with the exchange after the bidding starts.

Skyline Financial Services Private Limited is the registrar responsible for managing the IPO allotment process and handling investor queries.

Jainik Power and Cables IPO is proposed to be listed on the SME platform of the National Stock Exchange (NSE).