Allotment

Jainik Power Limited launched a book-built IPO totaling ₹51.30 crore, comprising entirely a fresh issue of 0.47 crore equity shares.
The IPO was open for subscription from June 10, 2025, to June 12, 2025, with allotment finalized on June 13, 2025. The shares were subsequently listed on the NSE SME platform on June 17, 2025.
The IPO was offered at a price band of ₹110 per share. Investors could apply in a lot size of 1,200 shares, requiring a minimum investment of ₹1,32,000 for retail applicants. High Net-worth Individuals (HNIs) were required to apply for a minimum of two lots (2,400 shares), amounting to ₹2,64,000.
Fast Track Finsec Pvt. Ltd. acted as the Book Running Lead Manager, while Skyline Financial Services Pvt. Ltd. served as the registrar. Rikhav Securities Ltd. was appointed as the market maker for the IPO.
₹1100%
Open
HIgh - Low
Previous Close
Total Traded Value
52 Weeks High
52 Weeks Low
Updates On
IPO. Open
IPO. Close
IPO. Price
IPO Market price
| IPO Date | 17 Jun |
| IPO Listing Date | 17 Jun |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹110.00 |
| IPO Issue Size | 46,63,200 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | NSE SME Platform |
| Share Holding Pre Issue | 96,84,500 shares |
| IPO Open Date | 10 Jun |
| IPO Close Date | 12 Jun |
| IPO Allotment (Tentative) | 13 Jun |
| Refunds | 16 Jun |
| Credit to Demat Account | 16 Jun |
| IPO Listing Date | 17 Jun |
| Category | Offer |
|---|---|
| QIB Shares Offered | 4,45,200 Shares |
| NII (HNI) Shares Offered | 19,92,000 Shares |
| Retail Shares Offered | 19,92,000 Shares |
Investors may apply for a minimum of 1,200 shares, with bids accepted in multiples of 1,200 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,32,000 |
| Retail (Max) | 1 | 1,200 | ₹1,32,000 |
| S-HNI (Min) | 2 | 2,400 | ₹2,64,000 |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Incorporated in May 2011, Jainik Power and Cables Limited has been manufacturing aluminum wire rods since 2023 and brings over a decade of experience in the metal industry, having previously traded in aluminum rods.
The company specializes in manufacturing and supplying aluminum wire rods, adhering to Environmental, Health, and Safety (EHS) standards as certified by relevant ISO certifications. Its Quality Assurance Department conducts purity tests using spectrometers to ensure products are free from hidden impurities.
Jainik Power’s manufacturing facility in Sonipat, Haryana, is certified with:
ISO 9001:2015 – Quality management systems
ISO 45001:2018 – Occupational health and safety
ISO 14001:2015 – Environmental management
These certifications are issued by Innovative Systemcert Pvt. Ltd. (accredited by EGAC and the International Accreditation Forum) and United Accreditation Foundation, ensuring high standards of quality, safety, and environmental compliance.
The company markets its products across Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand.
As of May 5, 2025, Jainik Power and Cables Limited employs 71 full-time employees.
| Assets | 71.19 | 35.5 | 36.66 |
| Total Income | 352.38 | 339.23 | 67.49 |
| Profit After Tax | 9.24 | 5.02 | 0.15 |
| EBITDA | - | - | - |
| 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 |
| 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 | 0.8 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 23.5 |
| 3 | To meet out the General Corporate Purposes; | 6.93 |
| 4 | Offer for Sale (OFS) | - |
Jainik Power Cables Ltd. Address
39/101A, 1st Floor
Community Centre, Wazirpur Industrial Area,
Wazir PurIII, North West Delhi,
West Delhi, New Delhi
+91-9999268508
info@jainikpower.com
IPO Registrar
Skyline Financial Services Pvt.Ltd.
02228511022
ipo@skylinerta.com
https://www.skylinerta.com/ipo.php