Jainik Power IPO description – Jainik Power & Cables began manufacturing aluminum wire rods in 2023, building on over a decade of experience in the metal industry. Before entering manufacturing, the company was involved in trading aluminum rods. As a manufacturer and supplier of aluminum wire rods, Jainik Power & Cables adheres to stringent quality practices and complies with Environmental, Health, and Safety (EHS) standards, as certified by its ISO certifications.
Jainik Power & Cables supplies its products across several states, primarily in Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand. The company manages its sales and marketing activities through its registered office in Delhi and its factory premises. Currently, the company manufactures 9.5 mm aluminum wire rods for its customer base. Jainik Power demonstrates a strong production capacity, capable of manufacturing approximately 2,000 tons of aluminum rods per month, amounting to 24,000 tons annually.
As of 5 May 2025, the company employs 71 full-time employees.
Promoters of Jainik Power & Cables – Mr. Shashank Jain, Mr. Prateek Jain, Mrs. Anju Jain and Mr. Subhash Chand Jain
Table of Contents
Jainik Power & Cables IPO Details
| Jainik Power IPO Dates | 10 – 12 June 2025 |
| Jainik Power Issue Price | INR 100 – 110 per share |
| Fresh issue | 46,63,200 shares (INR 46.63 – 51.3 crore) |
| Offer For Sale | NIL |
| Total IPO size | 46,63,200 shares (INR 46.63 – 51.3 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 1,32,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Jainik Power Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 67.38 | 338.62 | 351.69 |
| Expenses | 67.29 | 332.49 | 340.01 |
| Net income | 0.15 | 5.02 | 9.24 |
All StandAlone data
Jainik Power Offer News
- Jainik Power RHP
- Jainik Power Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Jainik Power Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 0.18 | 6.03 | 9.99 |
| PE ratio | – | – | 10.01 – 11.01 |
| RONW (%) | 5.29 | 93.77 | 56.92 |
| NAV | 3.42 | 9.45 | 26.59 |
| ROCE (%) | 14.88 | 52.30 | 55.92 |
| EBITDA (%) | 2.01 | 2.40 | 3.98 |
| Debt/Equity | 5.92 | 2.18 | 0.79 |
Jainik Power IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 16 June 2025 | 5 | – | 4,000 |
| 14 June 2025 | 5 | – | 4,000 |
| 13 June 2025 | 5 | – | 4,000 |
| 12 June 2025 | 7 | – | 6,000 |
| 11 June 2025 | 7 | – | 6,000 |
Jainik Power IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet the working capital requirements of the company – INR 23.50 crore
- To fund and set up a plant – INR 10.99 crore
- To repayment of portion of loan availed by the company – INR 5.00 crore
- To meet the issue expenses
- General corporate purposes
Jainik Power IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 1,78,800 | 19,92,000 | 19,92,000 | 41,62,800 |
| 12 Jun 2025 | 2.50 | 1.25 | 2.08 | 1.70 |
| 11 Jun 2025 | 1.28 | 1.08 | 1.53 | 1.30 |
| 10 Jun 2025 | 0.00 | 0.65 | 0.92 | 0.75 |
The market maker reservation portion of 2,34,000 shares and anchor investor portion of 2,66,400 shares are not included in the above calculations.
Jainik Power – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Net Income (Cr.) |
| Jainik Power | 10.01 – 11.01 | 9.99 | 56.92 | 26.59 | 9.24 |
| Hind Aluminium Industries | 13.73 | 3.17 | 2.94 | 109.43 | 2.00 |
| Arfin India | 43.23 | 0.54 | 7.23 | 9.29 | 9.15 |
Jainik Power IPO Allotment Status
Jainik Power IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
Jainik Power IPO Dates & Listing Performance
| IPO Opening Date | 10 June 2025 |
| IPO Closing Date | 12 June 2025 |
| Finalization of Basis of Allotment | 13 June 2025 |
| Initiation of refunds | 16 June 2025 |
| Transfer of shares to demat accounts | 16 June 2025 |
| IPO Listing Date | 17 June 2025 |
| Opening Price on NSE SME | INR 82 per share (down 25.45%) |
| Closing Price on NSE SME | INR 82.85 per share (down 24.68%) |
Jainik Power Offer Lead Manager
FAST TRACK FINSEC PRIVATE LIMITED
Office No. V-116, 1st Floor, New Delhi House, 27,
Barakhamba Road, New Delhi – 110001
Phone: +91 11 43029809
Email: [email protected]
Website: www.ftfinsec.com
Jainik Power Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
A/506, Dattani Plaza, Andheri Kurla Road, Safeed Pool,
Andheri East, Mumbai – 400 072, Maharashtra, India
Phone: +91-11-40450193-97
Email: [email protected]
Website: www.skylinerta.com
Jainik Power Contact Details
JAINIK POWER AND CABLES LIMITED
39/101A, 1st Floor, Community Centre,
Wazirpur Industrial Area, Wazir Pur III,
North West Delhi, Delhi, India, 110052
Phone: +91 7030002840
E-mail: [email protected]
Website: www.jainikpower.com
IPO FAQs
What is the Jainik Power offer size?
Jainik Power offer size is INR 46.63 – 51.3 crores.
What is the Jainik Power offer price band?
Jainik Power public offer price is INR 100 – 110 per share.
What is the lot size of the Jainik Power IPO?
Jainik Power offer lot size is 1,200 shares.
What is Jainik Power IPO GMP today?
Jainik Power IPO GMP today is INR 5 per share.
What is the Jainik Power kostak rate today?
Jainik Power kostak rate today is INR NA per application.
What is Jainik Power IPO Subject to Sauda rate today?
Jainik Power Subject to Sauda rate today is INR 4,000 per application.
financial year 2025 k data me mistyping ho gaya hai , it’s 9.24 cr. please fix it
I don’t know ki koyi ye comment read kart hai ki nahi, phir bhi let’s see ki aaplog ye mistyping kab tak fix karte ho