Jainik Power Cables Limited IPO

Jainik Power Cables Limited IPO

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹100 - ₹110

Total Issue

₹51.30 Cr

Bid Dates

10 Jun - 12 Jun

Subscription

1.60x

Est. GMP

₹5 (4.55%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Jainik, with over a decade of experience in the metal industry, began manufacturing aluminium wire rods in 2023 after previously operating as a trader in aluminium rods. The company is known for its quality manufacturing practices and strict compliance with top Environmental, Health, and Safety (EHS) standards. Its Sonipat, Haryana facility is ISO 9001:2015 and ISO 14001:2015 certified. Jainik's in-house Quality Assurance Department uses spectrometers to ensure material purity and detect impurities. The company is also authorized by the Haryana State Pollution Control Board for handling specific hazardous substances used in production.

Lot Info

Lot Information for Jainik Power Cables IPO
Category Lots Shares Amount
Individual (Min) 1 1,200 ₹1,32,000
Individual (Max) 1 1,200 ₹1,32,000
S-HNI (Min) 2 2,400 ₹2,64,000
S-HNI (Max) 7 8,400 ₹9,24,000
B-HNI (Min) 8 9,600 ₹10,56,000
Market Maker
2,34,000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹51.30 Cr
Fresh Issue
₹51.30 Cr (0.47 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹5
Est. Price ₹115
Est. Gain 4.55%

Jainik Power Cables IPO Peer Comparison

(Rs. in crores)

Jainik Power Cables IPO Peer Comparison Table
Particulars Jainik Power Cables Hind Aluminium Industries Arfin India
Revenue from Ops (in Crs.) 351.69 3.07 709.19
PAT (In Crs.) 9.24 2.00 9.15
EPS - Basic 9.99 3.17 0.54
NAV per share 26.59 109.43 9.29
RONW 56.92% 2.94% 7.23%
EBITDA 3.99% 169.06% 5.40%
PAT Margin 2.63% 65.15% 1.29%
Price to earning (PE) 11.01 13.73 43.23
  • All the information pertains to FY 2024-25
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of May 30, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Jainik Power Cables IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 351.69 338.62 67.38
Profit after Tax 9.24 5.02 0.15
Net Worth 24.59 7.86 2.84
Total Borrowing 19.36 17.13 16.83
Total Assets 71.19 35.50 36.66
NAV per share (in ₹) 25.39 137.92 49.88
EPS - Basic (in ₹) 9.99 6.03 0.18

KPIs

EBITDA

3.98%

PAT

2.63%

ROE

56.92%

ROCE

55.92%

PE Ratio

11.01

PB Ratio

4.33

Mkt Cap (in Crs.)

157.82

  • All Ratios are based on Mar 25
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Shareholding

Promoter

99.79%

Public

0.21%

Shashank Jain 31.13%
Prateek Jain 19.21%
Anju Jain 16.36%
Subhash Chand Jain 13.13%
Other promoter 19.96%

Management

Shashank Jain MD
Mr. Prateek Jain CFO

Registrar & Lead Managers

Registrar

Skyline Financial Services

Skyline Financial Services

Lead Managers (1)

Fast Track Finsec Fast Track Finsec

Subscription Status

Updated as on 12-Jun-2025 19:00:06 hrs

Category Sub (x) Offered Bids
QIB 1.01x 4,45,200 4,47,600
NII 1.13x 19,92,000 22,60,800
Retail 2.08x 19,92,000 41,34,000
Total 1.54x 44,29,200 68,42,400

Frequently Asked Questions

What is Jainik Power Cables IPO?
Jainik Power Cables IPO is a SME IPO having an issue size of ₹51.30 Crs. Jainik Power Cables IPO is priced at ₹100 - ₹110 per share. The issue opens on 10 Jun 25 and closes on 12 Jun 25.
When will Jainik Power Cables IPO open?
Jainik Power Cables IPO opens on 10 Jun 25 and closes on 12 Jun 25.
What is the GMP of Jainik Power Cables IPO?
The estimated Grey Market Premium of Jainik Power Cables IPO is ₹5 per share (4.55%).
What is the lot size of Jainik Power Cables IPO?
The minimum lot size of Jainik Power Cables IPO is 1200 shares & the minimum application amount is Rs. 132000.
When is the allotment of Jainik Power Cables IPO?
The allotment date of Jainik Power Cables IPO is 13 Jun 25.
What is the listing date of Jainik Power Cables IPO?
The listing date of Jainik Power Cables IPO is 17 Jun 25.
What is the subscription of Jainik Power Cables IPO?
Jainik Power Cables IPO is subscribed 1.60 times.
What is the price band of Jainik Power Cables IPO?
Jainik Power Cables IPO is priced at ₹100 - ₹110 per share.
How to check allotment status of Jainik Power Cables IPO?
Click the allotment link on Jainik Power Cables IPO page of IPO360.
How to apply Jainik Power Cables IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Jainik Power Cables IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Jainik Power Cables IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Jainik Power Cables IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date