Jainik Power Cables Ltd
Price Range
₹100 - ₹110
-
Min. Quantity
1,200
Closes on
12 June 2025
-
Min. investment
₹1,32,000/1,200 Shares
Jainik Power Cables Ltd IPO Timeline
Jainik Power & Cables Limited was originally incorporated as a Private Company with the name 'Jainik Enterprises Private Limited' dated May 02, 2011 issued by the RoC. The Company name was changed to Jainik Power and Cables Private Limited' and fresh Certificate of Incorporation was issued by the RoC dated February 09, 2024, thereafter upon conversion into a Public Company, the name finally changed to Jainik Power and Cables Limited' and fresh Certificate of Incorporation was issued by the RoC dated May 08, 2024.
Event | Date |
---|---|
Jainik Power Cables Ltd IPO Opening Date | 10 June 2025 |
Jainik Power Cables Ltd IPO Closing Date | 12 June 2025 |
Basis of Allotment | 13 June 2025 |
Initiation of Refunds | 16 June 2025 |
Credit of Shares to Demat | 16 June 2025 |
Jainik Power Cables Ltd IPO Listing Date | 17 June 2025 |
Jainik Power Cables Ltd IPO Details
Jainik Power Cables Ltd IPO Date | 10 June 2025 to 12 June 2025 |
Jainik Power Cables Ltd IPO Face Value | ₹10 per share |
Jainik Power Cables Ltd IPO Price | ₹100 to ₹110 per share |
Jainik Power Cables Ltd IPO Lot Size | 1,200 |
Issue Size | Shares of ₹10 (aggregating up to ₹51.3 Cr) |
Fresh Issue | Shares of ₹10 (aggregating up to ₹51.3 Cr) |
Offer for Sale | - |
Issue Type | Book Building - SME |
Listing At | NSE - SME |
QIB Shares Offered | Not more than 1,78,800 of the Net Offer |
Retail Shares Offered | Not less than 19,92,000 of the Net Offer |
NII (HNI) Shares Offered | Not less than 19,92,000 of the Net Offer |
Company Promoters | Shashank Jain, Prateek Jain, Anuj Jain |
Jainik Power Cables Ltd IPO Lot Size
The Jainik Power Cables Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,32,000).
Application | Lots | Shares | Amount |
---|---|---|---|
Minimum | 1 | 1,200 | ₹1,32,000 |
Maximum | 1 | 1,200 | ₹1,32,000 |
- Strengths
- Risks
- Opportunities
- Efficient business model with track record of delivering financial growth.
- We believe that our Promoters have played a key role in the development of our business and we benefit from their industry knowledge and expertise, vision and leadership.
- Cordial relations with our consumers.
- We believe that quality and innovations are the key ingredients of success. We have developed quality control processes for inspecting the raw materials as well as the final products.
Company Financials
Jainik Power Cables Ltd Financial Information (Restated)
Period Ended | Total Assets | Total Revenue | Profit After Tax |
---|---|---|---|
03-2025 | 71.19 | 352.38 | 9.24 |
03-2024 | 35.5 | 339.23 | 5.02 |
03-2023 | 36.66 | 67.49 | 0.15 |
Amount in ₹ Crore |
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Working capital requirement
- Fund and set up a plant
- Repayment of portion of loan availed by the company
- General corporate purposes
Jainik Power Cables Ltd IPO Promoter Holding
Pre Issue Share Holding | 31.13% |
Post Issue Share Holding | 21.01% |
Jainik Power Cables Ltd IPO Subscription Status (Bidding Detail)
The Jainik Power Cables Ltd IPO is subscribed 1.5175 times on 12 June 2025 05:00:00 PM. The public issue subscribed 2.0753 times in the retail category, 2.5034 times in the QIB category, and 1.2524 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | QIB | NII | Retail | Employee | Total |
Subscription (times) | 2.5034 | 1.2524 | 2.0753 | - | 1.5175 |
Jainik Power Cables Ltd IPO Prospectus
Jainik Power Cables Ltd IPO Listing Date
BSE Script | 93845 |
NSE Symbol | JAINIK |
Listing In | NSE - SME |
ISIN | INE0XIL01012 |
IPO Price | ₹110 |
Face Value | ₹10 |
Company Contact Information
39/101A 1st Flr Community CntrWazipur Inds. Area Wazir Pur 3,Delhi-110052
Phone: +91 99992 68508
Email: info@jainikpower.com
Website: www.jainikpower.com
Jainik Power Cables Ltd IPO Registrar
Jainik Power Cables Ltd IPO Lead Manager(s)
- Fast Track Finsec Pvt Ltd
FAQ
What is the issue size of Jainik Power Cables Ltd IPO?
I have pre-applied for Jainik Power Cables Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.