Jainik Power Cables Limited

10 Jun 2025 - 12 Jun 2025 Individual Category SME NSE

Min Investment

₹132000

Price Band

₹100-₹110

Issue Size

46.63 lakhs
Equity Shares

Lot Size

1200

IPO Dates
img

10 Jun 2025

Open Date

img

12 Jun 2025

Close Date

img

13 Jun 2025

Allotment Date

img

17 Jun 2025

Listing Date

Jainik Power and Cables IPO open date is June 10, 2025, and the closing date is June 12, 2025. This upcoming IPO is offering entirely fresh issues of up to 46,63,200 equity shares. Jainik Power and Cables IPO issue price band is Rs 100 to Rs 110 per share. As of now, the live GMP of the Jainik Power and Cables IPO is at 0, indicating neutral sentiment and low interest among investors for this IPO.Jainik Power and Cables IPO lot size is 1,200 shares, and the allotment status will be finalised on June 13, 2025. The minimum investment for retail investors is Rs 1,32,000. The registrar for the Jainik Power and Cables IPO is Skyline Financial Services Private Ltd. The listing date is June 17, 2025.

Know Before Investing

Strengths icon

  • Achieved strong revenue growth soon after commencing operations.
  • Promoters bring 30+ years of expertise in the metal industry.
  • Established presence in key northern Indian markets.

Weaknesses icon

  • Heavy reliance on a few key suppliers and customers.
  • Limited operational track record due to recent launch.
  • Exposed to environmental compliance risks and regulations.

About Jainik Power Cables Limited

Jainik Power and Cables Limited, established in 2011, is an ISO-certified manufacturer specialising in high-quality aluminium wire rods for diverse industrial applications. Headquartered in Delhi, the company has evolved from trading aluminium rods to setting up advanced manufacturing operations in 2023, leveraging over a decade of industry expertise.Jainik Power and Cables operates a state-of-the-art facility with a good production capacity of approximately 2,000 tons per month, with timely supply to clients across Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand.The company adheres to rigorous Environmental, Health, and Safety (EHS) standards, reflecting a strong commitment to sustainable and responsible manufacturing. Backed by a dedicated team and a streamlined supply chain, Jainik Power and Cables Limited consistently delivers products that meet stringent quality benchmarks, supporting infrastructure growth and innovation in the metals sector.

Founded

2011

Managing Director

Shashank Jain

Parent Organization

-

IPO Objectives

Jainik Power and Cables IPO objectives include utilising the funding received from the fresh issue to meet working capital requirements, fund and set up a new plant, repay a portion of the loan availed by the company, and cover general corporate purposes and issue-related expenses.

Company Promoters

Shashank Jain

Prateek Jain & Anju Jain

Subhash Chand Jain

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
img

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account