Jainik Power and Cables - IPO
SMEJainik Power and Cables IPO Details
Jainik Power and Cables IPO Subscription
Jainik Power and Cables IPO Application Wise Breakup
Jainik Power and Cables IPO Dates
- 10 Jun 2025Opening dateOPD
- 12 Jun 2025Closing dateCOD
- 13 Jun 2025Basis of AllotmentBOA
- 16 Jun 2025Initiation of RefundsIOR
- 16 Jun 2025Credit of SharesCOS
- 17 Jun 2025Listing dateLID
Jainik Power and Cables IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 1200 | ₹132,000 |
| Retain Maximum | 1 | 1200 | ₹132,000 |
| HNI Minimum | 2 | 2400 | ₹264,000 |
Jainik Power and Cables IPO Reservation
Promoter Holding
Jainik Power and Cables IPO Valuations
Jainik Power and Cables Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 52.21 | 35.5 | 36.66 | 27.67 |
| Revenue | 161.38 | 339.23 | 67.49 | 64.21 |
| Profit After Tax | 0.06 | 0.15 | 5.02 | 4.47 |
| Net Worth | 19.83 | 7.88 | 2.82 | 2.66 |
| Reserves and Surplus | 10.14 | 7.31 | 2.25 | 2.09 |
| Total Borrowing | 21.02 | 17.13 | 16.83 | 14.62 |
| Amount in ₹ Crore | ||||
About Jainik Power and Cables 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 September 30, 2024, the company has 72 employees.
Strength Of Jainik Power and Cables IPO
1. Efficient business model with track record of delivering financial growth.
2. We believe that our Promoters have played a key role in the development of our business and we benefit from their industry knowledge and expertise, vision and leadership.
3. Cordial relations with our consumers.
4. We believe that quality and innovations are the key ingredients of success. We have developed quality control processes for inspecting the raw materials as well as the final products.
Risk Of Jainik Power and Cables IPO
1. Our Company, only has one year of prior experience in manufacturing of aluminium goods which could adversely affect the results of operations and financial condition of the Company.
2. We do not have firm commitments, or long-term agreements with our customers. If our customers choose not to source their requirements from us or manufacture such products in-house, our business and results of operations may be adversely affected.
3. Our business is dependent on effective inventory management and demand forecasting. Any inability to accurately predict demand and manage inventory levels may adversely affect our business, financial condition, results of operations, and cash flows.
4. Volatility in the supply and pricing of our raw materials may have an adverse effect on our business, financial condition and results of operations. Our raw material suppliers could fail to meet their obligations, which may have a material adverse effect on our business, results of operations and financial condition.
5. Our lack of prior experience in manufacturing may have a material adverse effect on our business, operations, and financial performance.
6. We rely on third-party transportation providers for procurement of raw materials and for supply of our products and failure by any of our transportation providers could result in loss in sales.
7. We face competition in our product line, including from competitors that may have greater financial and marketing resources. Failure to compete effectively may have an adverse impact on our business, financial condition, results of operations and cash flows.
8. The Company is dependent on few suppliers for purchase. Loss of any of these large suppliers may affect our business operations.
9. We have working capital requirements and may require additional financing to meet those requirements, which could have an adverse effect on our business, results of operations and financial condition.
10. The Company is dependent on few numbers of customers for sales. The loss of any of this large customer may affect our revenues and profitability.
Objectives Jainik Power and Cables IPO
1. Working Capital Requirement
2. Fund and set up a plant
3. Repayment of portion of loan availed by the company
4. General Corporate Purposes
5. Issue Expenses
Company Contact Details
Jainik Power and Cables Limited
39/101A, 1st Floor
Community Centre, Wazirpur Industrial Area,
Wazir PurIII, North West Delhi,
West Delhi, New Delhi
Phone: +91-9999268508
Email: info@jainikpower.com
Website: https://www.jainikpower.com/
Registrar Contact Details
Lead Mangers
Fast Track Finsec Pvt Ltd
Market Maker
Rikhav Securities