Jainik Power and Cables IPO Details
The key details of Jainik Power and Cables’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹51.30 Cr |
| Price Range | ₹100 - ₹110 |
| Retail Quota | 44.97% |
| QIB Quota | 10.05% |
| NII Quota | 44.97% |
| Employee Discount | - |
| Listing at | NSE |
| Minimum Quantity | 1200 |
| Investment (cut-off price) | ₹1,32,000 |
| Pre IPO Promotor Holding | 99.79% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Jainik Power and Cables IPO Timelines
The IPO process for Jainik Power and Cables includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
10/06/2025
Start Date12/06/2025
End Date16/06/2025
Refund Initiation16/06/2025
Credit of Shares to Demat Ac17/06/2025
Listing DateJainik Power and Cables IPO Lot Size
The Jainik Power and Cables IPO has a fixed lot size of 1,200 shares, at an upper price band of ₹110 per share, requiring ₹132,000 per lot for retail investors. For HNI investors, the minimum application is 2,400 shares (2 lots) amounting to ₹264,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹1,32,000 |
| Retail Maximum | 1 | 1200 | ₹1,32,000 |
| HNI Minimum | 2 | 2400 | ₹2,64,000 |
Jainik Power and Cables IPO Subscription Status
The subscription status for Jainik Power and Cables IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 1.01x | 1.13x | 2.08x | -- | 1.54x |
IPO Performance on Listing Day
On the listing day (June 17, 2025), Jainik Power and Cables made a disappointing debut on the stock exchange. The stock opened at ₹82, recording a significant discount of 25.5% from its issue price of ₹110. During the trading session, despite some recovery attempts that took it to a high of ₹86.10, the stock remained under pressure, holding at its opening price as the low. The shares concluded their first trading day at ₹82.85, posting a substantial loss of 24.7% from the issue price, indicating weak market sentiment towards this power and cables manufacturer.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹82 | ₹82.85 | ₹86.10 | ₹82 |
Jainik Power and Cables IPO Company Financials
Jainik Power and Cables IPO reports robust performance in FY2025 with Total Income of ₹352.38 crores, managing expenses at ₹340.01 crores, and achieving a strong PAT (Profit After Tax) of ₹9.24 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹67.49 | ₹67.29 | ₹0.15 |
| FY 2024 | ₹339.23 | ₹332.49 | ₹5.02 |
| FY 2025 | ₹352.38 | ₹340.01 | ₹9.24 |
About Company
Jainik Power & Cables Limited, incorporated in May 2011, has transitioned from a decade-long presence in aluminum rod trading to manufacturing aluminum wire rods beginning in 2023. With a strong focus on quality and safety, the company operates under stringent Environmental, Health, and Safety (EHS) standards and holds multiple ISO certifications, including ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015. Their in-house Quality Assurance Department uses advanced spectrometers to ensure the purity and integrity of their products by detecting hidden impurities.
The company operates a manufacturing facility in Sonipat, Haryana, with a production capacity of approximately 2,000 tons per month, totaling 24,000 tons annually. Jainik Power & Cables primarily serves customers across Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand, managing its operations from its registered office in Delhi and its factory site. As of May 5, 2025, the company employs 71 individuals, supporting its robust sales, marketing, and manufacturing operations.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2011 | Metal - Non Ferrous | Shashank Jain |
Know Before Investing
Jainik Power and Cables IPO Strengths
- The company operates a dedicated facility with a production capacity of 24,000 tons annually (2,000 tons/month) for aluminum wire rods, ensuring scalability to meet growing market demands.
- With 14 years of operational history since incorporation in 2011, Jainik Power combines deep domain knowledge in metal trading and manufacturing, providing stability and credibility.
- Headquartered in Delhi with manufacturing operations in Jhundpur Industrial Area (Sonipat), leveraging proximity to raw material suppliers and logistics networks across North India.
- Global aluminum price volatility or reduced demand from sectors like construction and electrical grids could directly impact revenue, given the company’s single-product focus on aluminum wire rods.
- Manufacturing units in Delhi and Sonipat expose operations to regional risks like labor disputes, regulatory changes, or infrastructure bottlenecks.
- The shift from metal trading to manufacturing requires sustained capital and expertise. Operational missteps in scaling production could affect quality and market credibility.
- Aluminum production is energy-intensive, and fluctuations in electricity or fuel costs could erode margins, particularly given India’s evolving energy pricing landscape.
Jainik Power and Cables IPO Risks
- The business is heavily dependent on aluminum prices. Fluctuations in global or domestic aluminum costs can directly impact margins and profitability.
- As a manufacturer of aluminum wire rods, Jainik Power’s revenues are closely tied to the health of the power, cable, and infrastructure sectors, making it vulnerable to sector-specific downturns.
- The aluminum manufacturing sector is highly competitive, with both organized and unorganized players, which can lead to aggressive pricing and pressure on margins.
- Changes in environmental, safety, or industry-specific regulations could increase compliance costs or disrupt operations, impacting profitability and growth.
- The aluminum sector is subject to evolving environmental and industrial regulations. Changes in compliance requirements could increase costs or restrict operations.
- Broader economic slowdowns, inflation, or market corrections can reduce demand for infrastructure and power sector products, negatively affecting the company’s sales and profitability.
Swot Analysis for Jainik Power and Cables IPO
Strengths
Strong Manufacturing Expertise, Robust Financial Growth, Scalable Production Capacity
Weaknesses
Elevated Debt Burden, Geographic Concentration, Raw Material Dependency
Opportunities
Infrastructure-driven Demand, Export Potential, Government Initiatives
Threats
Intense Competition, Compliance Risks, Commodity Price Volatility
Company Details
Jainik Power and Cables Limited
39/101A, 1st Floor Community Centre, Wazirpur Industrial Area, Wazir PurIII, North West Delhi, West Delhi, New Delhi
Phone: +91-9999268508
Email: info@jainikpower.com
Website: https://www.jainikpower.com/
IPO Registar Details
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
FAQs
The key objectives of Jainik Power and Cables IPO are:
- Working Capital Requirement
- Fund and set up a plant
- Repayment of portion of loan availed by the company
- General Corporate Purposes
- Issue Expenses
Fast Track Finsec Pvt Ltd is the book-running lead managers for the Jainik Power and Cables IPO.
Jainik Power and Cables IPO shows strong growth potential, driven by rapid revenue and profit expansion, with FY25 revenue reaching ₹352.38 crore and profit rising to ₹9.24 crore. The company is well-positioned in the high-demand power and cable sector, supported by national infrastructure development.
The issue price for the Jainik Power and Cables IPO is set between ₹100 to ₹110 per share.
To invest in one lot of Jainik Power and Cables IPO, you need ₹1,20,000 at the lower price band (₹100 per share) or ₹1,32,000 at the upper price band (₹110 per share) for a lot size of 1200 shares.
Jainik Power and Cables IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on June 17, 2025.
Refund/unblocking of funds for Jainik Power and Cables IPO will begin on June 16, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Jainik Power and Cables IPO shares on listing day (June 17, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.