Issue Price
₹110
Per Share
GMP
NIL
Grey Market
Est. Listing
₹110
Expected Price
Min. Application
₹264,000
2 lots × 1200 shares
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.
Jainik Power Cables Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 234,000 | — | ₹2.57 Cr | — |
| TOTAL | 4,663,200 | 100.00% | ₹51.30 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹132,000 |
| Retail (Max) | 13 | 15,600 | ₹1,716,000 |
| sNII (Min) | 14 | 16,800 | ₹1,848,000 |
| bNII (Min) | 68 | 81,600 | ₹8,976,000 |
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 352.38 | 339.23 | 67.49 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 9.24 | 5.02 | 0.15 |
| Net Worth | 24.59 | 7.86 | 2.84 |
| Total Assets | 71.19 | 35.50 | 36.66 |
| Reserves & Surplus | 14.91 | 7.29 | 2.27 |
| Total Borrowings | 19.36 | 17.13 | 16.83 |