Jainik Power and Cables IPO

1.03x

subscribed

Jainik Power and Cables IPO

listed
₹1.20LMin. investment
  1. Pre-apply
    6 Jun
  2. Bid start
    10 Jun
  3. Bid end
    12 Jun
  4. Allotment
    13 Jun
  5. Release of funds
    16 Jun
  6. Demat transfer
    16 Jun
  7. Listing
    17 Jun

About Jainik Power and Cables Limited

Price range₹100 – ₹110
IPO type
SME
Lot size1200 shares
Issue size₹51Cr
Red Herring Prospectus
Read
Market Cap
₹157.8CrLower than sector avg
RevenueApr 20NaN - Mar 20FY
₹351.69CrLower than sector avg
Growth rate3Y CAGR
128%

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹351.69Cr
This sector
₹803.21Cr
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹9.24Cr
This sector
₹209.33Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹157.8Cr
This sector
₹2,201.18Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
11.01
This sector
26.86
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.79
This sector
17.58
Compare with companies

Objectives

Working capital expenditure
45.81%
General corporate purposes
23.10%
Set up new plant
21.42%
Repayment of loan
9.75%

About Jainik Power and Cables Limited

Incorporated in 2011, Jainik Power and Cables began as a trader of aluminium scrap and ingots through imports. In FY20, the company made a shift and started trading in aluminium wire rods in addition to the supply of raw materials. In FY23, the company started manufacturing aluminium wire rods for different clients. The company has a manufacturing facility in Haryana with an installed capacity of 24,000 tons and a capacity utilisation of 60% as of March 31, 2025. The company plans to increase its production capacity by 20% annually over the next few years through the installation of new machinery.

IPO Subscription Status

Date
QIB
NII
Retail
Total
10-Jun-25
0.0 times (X)
0.0 times (X)
0.93 times (X)
0.42 times (X)
11-Jun-25
0.51X
0.0X
1.54X
0.74X
12-Jun-25
1.01X
0.0X
2.06X
1.03X

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Jainik Power and Cables IPO ?

The issue size of the Jainik Power and Cables IPO is 51 Cr.

What is 'pre-apply' for Jainik Power and Cables IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Jainik Power and Cables IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.