The Jainik Power Cables Limited IPO is opening on 10 June 2025 and will run until 12 June 2025. This is an SME IPO raising ₹51.30 crore from a complete fresh issue of 46.63 lakh equity shares.
The Jainik Power Cables IPO allotment date will be decided on Friday, 13 June 2025. Jainik Power Cables shares will be tentatively listed on NSE SME on Tuesday, 17 June 2025.
The Jainik Power Cables price band has been set between ₹100 and ₹110 per share. The lot size decided for the IPO is 1200 shares, which makes the minimum investment for the retail investors ₹120000. However, to avoid the oversubscription rush, it is better to bid at the cutoff price, which makes the minimum investment as ₹132000. For HNIs, it has to be 2 lots at the least amounting to ₹264000 as the minimum investment requirement.
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Jainik Power Cables NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | June 10, 2025 |
| IPO Closing Date | June 12, 2025 |
| Tentative IPO Listing Date | June 17, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹100 to ₹110 per share |
| Lot Size | 1200 shares |
| Total Issue Size | 4663200 Shares (₹51.30 Cr.) |
| Fresh Issue | 4663200 Shares (₹51.30 Cr.) |
| IPO Segment | Book Building IPO |
| Listing At | NSE SME |
| Shareholding Pre-Issue | 9684500 shares |
| Shareholding post-issue | 14347700 shares |
Jainik Power Cables Limited | Company Overview
Jainik Power Cables Limited, started in 2011, is engaged in the manufacturing and trading of wire rods made of aluminum. While the firm started its manufacturing business in 2023, since its inception, it has been involved in the trading of aluminum rods.
The products are all ISO certified, and the firm maintains all Environmental, Health, and Social Standards of manufacturing the aluminum rods.
The manufacturing unit is located in Sonipat, in Haryana. The cities where the company sells the products are spread across the states of –
- Haryana
- Rajasthan
- Uttar Pradesh
- Uttarakhand
- Delhi
Jainik Power Cables Limited IPO | Key Details
- Jainik Power Cables IPO Opening Date: June 10, 2025,
- Jainik Power Cables IPO Closing Date: June 12, 2025.
- Allotment Date: June 13, 2025
- Price Band: ₹100 to ₹110 per share
- Lot Size: 1200 shares
- Refunds Initiated: June 16, 2025
- Shares Credited to Demat: June 16, 2025
- Listing Date: June 17, 2025
Jainik Power Cables Ltd: Financial Overview
Jainik Power Cables Limited witnessed a significant 84% rise in profits from just a 3.9% rise in revenue in FY25.
Here are the details of the financials of firm –
Amounts in ₹ Crore
| Financial Information | 31-Mar-25 | 31-Mar-24 | Change | Change (%) |
| Assets | 71.19 | 35.5 | 35.69 | 100.5352113 |
| Revenue | 352.38 | 339.23 | 13.15 | 3.876426024 |
| Profit After Tax | 9.24 | 5.02 | 4.22 | 84.06374502 |
| Net Worth | 24.59 | 7.86 | 16.73 | 212.8498728 |
| Reserve & Surplus | 14.91 | 7.29 | 7.62 | 104.526749 |
| Total Borrowing | 19.36 | 17.13 | 2.23 | 13.01809691 |
Jainik Power Cables Ltd IPO | FAQs
Jainik Power Cables Ltd is engaged in the manufacturing and supply of aluminum rods.
The tentative IPO listing date of Jainik Power Cables has been fixed as Tuesday, 17 June 2025.
The bidding date for the Jainik Power Cables IPO is June 10, 2025, and it will continue until June 12, 2025.
The minimum IPO lot size for Jainik Power Cables is 1200 shares, and for HNIs, it is 2 lots.
The IPO allotment is expected to be finalized on Friday, June 13, 2025.
The IPO face value is set at ₹10 per share.
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