| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹51.30 Cr |
| Reserved for Market Maker | ₹2.57 Cr |
| Net Issue Size | ₹51.30 Cr |
| Fresh Issue | ₹48.72 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน100.00-110.00 per share |
| Discount | Retail: 0.00,Employee: 0.00,ShareHolder: 0.00 |
| NSE Code | JAINIK |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers | Novus Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน 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 |
| 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 | |||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 56.92% |
| ROCE | 55.92% |
| Debt / Equity | 0.79% |
| RoNW | 56.92% |
| PAT Margin | 2.63% |
| EBITDA Margin | 3.98% |
| Price to Book Value | 0.80 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 9.54 | 6.44 |
| P/E (x) | 11.53 | 17.09 |
| Promoter Holding | 99.79% | 67.35% |
| Market Cap | โน157.82 Cr. | |