Jainik Power Cables Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 445,200 (10%) | — | ₹49 Cr |
| NII (HNI) | — | 1,992,000 (43%) | — | ₹2,191 Cr |
| Retail | — | 1,992,000 (43%) | — | ₹2,191 Cr |
| Market Maker | — | 234,000 (5%) | — | ₹26 Cr |
| Σ Total | — | 4,663,200 (100%) | — | ₹51,295 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹132,000 |
| Retail (Max) | 13 | 15,600 | ₹1,716,000 |
| S-HNI (Min) | 14 | 16,800 | ₹1,848,000 |
| B-HNI (Min) | 67 | 80,400 | ₹8,844,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 352 | 339 | 67 |
| Profit After Tax | 9 | 5 | 0 |
| Net Worth | 25 | 8 | 3 |
| Total Assets | 71 | 36 | 37 |
| Reserves & Surplus | 15 | 7 | 2 |
| Total Borrowing | 19 | 17 | 17 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Working Capital Requirement – 23.50
- Fund and set up a plant – 10.99
- Repayment of portion of loan availed by the company – 5.00
- General Corporate Purposes – 6.93
Company Overview
Incorporated in May 2011, Jainik Power and Cables Limited has been manufacturing aluminum wire rods since 2023 and has over a decade of experience in the metal industry, previously trading in aluminum rods.
The company manufactures and supplies aluminum wire rods, adhering to Environmental, Health, and Safety (EHS) standards, as certified by ISO certifications. Its Quality Assurance Department conducts purity tests using spectrometers to detect hidden impurities.
The company's manufacturing facility in Sonipat, Haryana, is certified with ISO ISO 9001:2015 and ISO 45001:2018 from Innovative Systemcert Pvt. Ltd. (Accredited by EGAC, International Accreditation Forum) and ISO 14001:2015 from United Accreditation Foundation, ensuring quality, environmental, and safety practices.
The company sells its products in the states of Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand.
As of May 05, 2025, the company has 71 employees.