IPO Details
Bidding Dates
10 Jun 25 - 12 Jun 25
Lot Size
1200
Price Range ₹
100 - 110
Exchange Status
NSE
Total Equity
₹ 51.30Cr
IPO Doc
IPO Timeline
Offer start
10 Jun 2025
Offer end
12 Jun 2025
Allotment
13 Jun 2025
Refund initiation
16 Jun 2025
Demat transfer
16 Jun 2025
Listing
17 Jun 2025
Offer start
10 Jun 2025
Offer end
12 Jun 2025
Allotment
13 Jun 2025
Refund initiation
16 Jun 2025
Demat transfer
16 Jun 2025
Listing
17 Jun 2025
About Company
Jainik Power and Cables Limited, established in May 2011, began manufacturing aluminum wire rods in 2023, building on its extensive experience of over a decade in the metal trading industry, particularly in aluminum rods. The company produces and supplies aluminum wire rods with a strong focus on Environmental, Health, and Safety (EHS) compliance, backed by multiple ISO certifications. Its in-house Quality Assurance Department ensures product purity through spectrometer testing, detecting even minor impurities. The manufacturing unit is located in Sonipat, Haryana, and is certified with ISO 9001:2015 and ISO 45001:2018 by Innovative Systemcert Pvt. Ltd. (accredited by EGAC and the International Accreditation Forum), as well as ISO 14001:2015 by the United Accreditation Foundation, demonstrating its commitment to quality, safety, and environmental standards. The company currently markets its products across Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand, and employs 71 people as of May 5, 2025.
Year Founded
02-05-2011
Promotor Details
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 99.79 | 0 |
| Share Capital | 9664000 | 0 |
Offer to Public
46,63,200.00 Cr
Project Details
- Working Capital Requirement - 235cr
- Fund and set up a plant - 102.5cr
- Repayment of portion of loan availed by our Company - 50cr
Objectives
- To meet the Working Capital requirements of the Company
- To fund and set up a plant.To Repayment of portion of loan availed by our CompanyTo meet the General Corporate Purposes
- andTo meet the Issue Expenses.
Highlights
- ISO-certified facility ensures adherence to quality, safety, and environmental standards.
- Promoters bring over 30 years of experience in the metal industry, adding strategic depth.
- Strong revenue growth since April 2023 signals early market acceptance.
- Well-established presence in key northern Indian markets aids distribution.
- Potential to expand into new regions, develop premium products, and diversify offerings.
Challenges
- Limited manufacturing history makes long-term performance uncertain.
- Profit margins are vulnerable to fluctuations in aluminium prices.
- Heavy reliance on a few suppliers and customers poses business risk.
- Compliance with environmental regulations may lead to higher costs.
- Faces pricing and innovation pressure from strong domestic and global competition.
