Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Jainik Power IPO is a book build issue of ₹51.30 crores. The issue is entirely a fresh issue of 0.47 crore shares of ₹51.30 crore.
Jainik Power IPO bidding started from Jun 10, 2025 and ended on Jun 12, 2025. The allotment for Jainik Power IPO was finalized on Jun 13, 2025. The shares got listed on NSE SME on Jun 17, 2025.
Jainik Power IPO price band is set at ₹110.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,20,000 (1200 shares). The minimum lot size investment for HNI is 2 lots (2,400 shares), amounting to ₹2,64,000.
Fast Track Finsec Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Rikhav Securities Ltd..
Refer to Jainik Power IPO RHP for detailed Information.
| IPO Date | June 10, 2025 to June 12, 2025 |
| Listing Date | June 17, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹100 to ₹110 per share |
| Issue Price Final | ₹110 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 46,63,200 shares (aggregating up to ₹51.30 Cr) |
| Reserved for Market Maker | 2,34,000 shares Rikhav Securities Ltd. (aggregating up to ₹2.57 Cr) |
| Net Offered to Public | 44,29,200 shares (aggregating up to ₹48.72 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 96,84,500 shares |
| Share Holding Post Issue | 1,43,47,700 shares |
Jainik Power IPO offers total 46,63,200 shares. Out of which 4,45,200 (9.55%) allocated to QIB, 19,92,000 (42.72%) allocated to NII, 19,92,000 (42.72%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,34,000 (5.02%) |
| QIB Shares Offered | 4,45,200 (9.55%) |
| NII (HNI) Shares Offered | 19,92,000 (42.72%) |
| Retail Shares Offered | 19,92,000 (42.72%) |
| Total Shares Offered | 46,63,200 (100.00%) |
Jainik Power IPO opens on June 10, 2025, and closes on June 12, 2025.
| IPO Open Date | Tue, Jun 10, 2025 |
| IPO Close Date | Thu, Jun 12, 2025 |
| Tentative Allotment | Fri, Jun 13, 2025 |
| Initiation of Refunds | Mon, Jun 16, 2025 |
| Credit of Shares to Demat | Mon, Jun 16, 2025 |
| Tentative Listing Date | Tue, Jun 17, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Jun 12, 2025 |
Investors can bid for a minimum of 1,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,32,000 |
| Retail (Max) | 1 | 1,200 | ₹1,32,000 |
| HNI (Min) | 2 | 2,400 | ₹2,64,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
Jainik Power and Cables Limited's revenue increased by 4% and profit after tax (PAT) rose by 84% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 71.19 | 35.50 | 36.66 |
| Total Income | 352.38 | 339.23 | 67.49 |
| Profit After Tax | 9.24 | 5.02 | 0.15 |
| Net Worth | 24.59 | 7.86 | 2.84 |
| Reserves and Surplus | 14.91 | 7.29 | 2.27 |
| Total Borrowing | 19.36 | 17.13 | 16.83 |
| Amount in ₹ Crore | |||
The market capitalization of Jainik Power IPO is ₹157.82 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 56.92% |
| ROCE | 55.92% |
| Debt/Equity | 0.79 |
| RoNW | 56.92% |
| PAT Margin | 2.63% |
| EBITDA Margin | 3.98% |
| Price to Book Value | 0.80 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 9.54 | 6.44 |
| P/E (x) | 11.53 | 17.09 |
The Company Jainik Power IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Working Capital Requirement | 23.50 |
| 2 | Fund and set up a plant | 10.99 |
| 3 | Repayment of portion of loan availed by the company | 5.00 |
| 4 | General Corporate Purposes | 6.93 |
[Dilip Davda] JPCL, that was in trading activities for aluminium rods has now entered manufacturing of rods and wires. It posted sudden growth in its top and bottom lines from manufacturing activities. It is expanding its capacities to meet rising demand. Based on its recent financials, the issue appears aggressively priced. It is a north region centric player increasing its market share. Well-informed investors may park funds for medium to long term. Read detail review...
| Listing Date | June 17, 2025 |
| BSE Script Code | |
| NSE Symbol | JAINIK |
| ISIN | INE0XIL01012 |
| Final Issue Price | ₹110 per share |
| NSE Listing Group | ST |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹110.00 |
| Open | ₹82.00 |
| Low | ₹82.00 |
| High | ₹86.10 |
| Last Trade | ₹82.85 |
Jainik Power Cables Ltd.
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/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Jainik Power IPO is a SME IPO of 46,63,200 equity shares of the face value of ₹10 aggregating up to ₹51.30 Crores. The issue is priced at ₹110 per share. The minimum order quantity is 1200.
The IPO opens on June 10, 2025, and closes on June 12, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Jainik Power IPO using UPI as a payment gateway. Zerodha customers can apply in Jainik Power IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Jainik Power IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Jainik Power IPO opens on June 10, 2025 and closes on June 12, 2025.
Jainik Power IPO lot size is 1200, and the minimum amount required for application is ₹1,32,000.
You can apply in Jainik Power IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Jainik Power IPO will be done on Friday, June 13, 2025, and the allotted shares will be credited to your demat account by Monday, June 16, 2025. Check the Jainik Power IPO allotment status.
The Jainik Power IPO listing date is on Tuesday, June 17, 2025.
Useful Articles
RHP