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Jainik Power and Cables Limited IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.110.00
Issue Size:
Rs.51.30 Cr
Lot Size:
1200 shares
Open Date:
June 10
Jainik Power and Cables Limited IPO Overview
Bidding Dates
June 10 - June 12
Min Investment
₹132,000
Price Range
₹110.00
Issue Size
₹51.30 Cr
IPO DRHP Doc
Company Overview
Jainik Power and Cables Limited, incorporated in May 2011, manufactures aluminum wire rods and has over a decade of experience in the metal industry. The company adheres to Environmental, Health, and Safety standards, certified by ISO. Its manufacturing facility in Sonipat, Haryana, holds multiple ISO certifications, ensuring quality and safety practices. The company sells products in Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand, and employs 72 people as of September 30, 2024.
IPO Timeline
Opens
Jun 10
Closes
Jun 12
Allotment
Jun 13
Refunds
Jun 16
Shares Credit
Jun 16
Listing
Jun 17
Opens
Jun 10
Closes
Jun 12
Allotment
Jun 13
Refunds
Jun 16
Shares Credit
Jun 16
Listing
Jun 17
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 1.01x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 1.13x | Oversubscribed |
| RII (Retail Individual Investors) | 2.08x | Oversubscribed |
| Total Subscription | 1.54x | Oversubscribed |
Last updated: Jun 12, 2025, 06:22 PM
GMP data will be available when the IPO is actively trading in the grey market.
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | ₹71.19 Cr | ₹35.5 Cr | ₹36.66 Cr |
| Net Worth | ₹24.59 Cr | ₹7.86 Cr | ₹2.84 Cr |
| Profit After Tax | ₹9.24 Cr | ₹5.02 Cr | ₹0.15 Cr |
| Reserves and Surplus | ₹14.91 Cr | ₹7.29 Cr | ₹2.27 Cr |
| Revenue | ₹352.38 Cr | ₹339.23 Cr | ₹67.49 Cr |
| Total Borrowing | ₹19.36 Cr | ₹17.13 Cr | ₹16.83 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Shifted from trading to manufacturing of aluminum wire rods, marking vertical integration.
- ISO-certified facility in Sonipat ensures quality, safety, and environmental compliance.
- Led by promoters with 32 years of combined experience in the metal industry.
- Rapid revenue growth after starting manufacturing in April 2023.
- Strong presence across key northern Indian markets with established customer base.
IPO Details
Jainik Power and Cables IPO Details
| Face Value | ₹10 per share |
| Fresh Issue | 46,63,200 shares (aggregating up to ₹51.30 Cr) |
| IPO Date | June 10, 2025 to June 12, 2025 |
| Issue Price | ₹110 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Listing Date | June 17, 2025 |
| Lot Size | 1,200 Shares |
| Share Holding Post Issue | 1,43,47,700 shares |
| Share Holding Pre Issue | 96,84,500 shares |
| Total Issue Size | 46,63,200 shares (aggregating up to ₹51.30 Cr) |
Jainik Power and Cables IPO Reservation
Share Reservation Distribution
HNI (NII)
1,992,000 shares (42.72%)
Retail
1,992,000 shares (42.72%)
QIB (Ex-Anchor)
445,200 shares (9.55%)
QIB
445,200 shares (9.55%)
Market Maker
234,000 shares (5.02%)
Jainik Power and Cables IPO Promoter Holding
| Share Holding Post Issue | |
| Share Holding Pre Issue | 99.79% |
Jainik Power and Cables IPO Listing Details
| ₹110 per share |
| INE0XIL01012 |
| JAINIK |
| June 17, 2025 |
Key Dates
Open Date:June 10
Close Date:June 12
Listing Date:June 17
