Jainik Power and Cables Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 10-06-2025 | 12-06-2025 | ₹10 per share | 0 | 1,200 Shares | NSE SME | 46,63,200 shares (aggregating up to ₹51.30 Cr) | 2025-06-13 00:00:00 | 2025-06-16 00:00:00 | 2025-06-16 00:00:00 | 17-06-2025 |
About The Company
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.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2023 | 37 | 67 | 0 | 2.84 | 2.84 | 16.83 |
| 31-03-2024 | 36 | 339 | 5 | 7.86 | 7.29 | 17.13 |
| 31-03-2025 | 71 | 352 | 9 | 24.59 | 14.91 | 19.36 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | 132000 |
| Retail (Max) | 1 | 1200 | 132000 |
| HNI (Min) | 2 | 2400 | 264000 |
IPO Listing Details
| Listing Date | 17-06-2025 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
The promoters of the company are Mr. Shashank Jain, Mr. Prateek Jain and Mrs. Anju Jain and Mr. Subhash Chand Jain.
Contact Information of the Company
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
IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
IPO Lead Manager
Fast Track Finsec Pvt Ltd (Past IPO Performance)