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Open
10 Jun 2025
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Close
12 Jun 2025
3
Allotment
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Listing
Tue, Jun 17, 2025
Price Band
₹100 to ₹110
Issue Size
46,63,200 shares (agg. up to ₹51 Cr)
Lot Size
1,200 Shares
Listing Date
Tue, Jun 17, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
17-06-2025₹0Est. ₹110+0%
16-06-2025₹0Est. ₹110+0%
15-06-2025₹0Est. ₹110+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.19x |
Restated Financials (₹ Cr.)
| 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 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
| 5 | Issue Expenses | 4.87 |
| Total | 51.30 |
About Jainik Power IPO
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.+ Read More
Contact Details
Jainik Power Cables Ltd. Address39/101A, 1st FloorCommunity Centre, Wazirpur Industrial AreaWazir PurIII, North WestDelhi, New Delhi, 110052+91-9999268508info@jainikpower.comVisit Website