Company Profile
Jainik Power and Cables Limited is a leading Indian manufacturer specializing in aluminum wire rods. Established in 2011 and headquartered in Delhi, the company operates a state-of-the-art manufacturing facility in Sonipat, Haryana, with an annual production capacity of 25,000 metric tons. Jainik Power and Cables Limited is committed to producing high-quality aluminum wire rods that meet international standards.
Business Model
Jainik Power and Cables Limited focuses on the manufacturing and supply of high-quality aluminum wire rods, which are essential raw materials used in various industries such as electrical, construction, automotive, and aerospace. The company operates a modern manufacturing facility equipped with advanced machinery to ensure consistent product quality and efficient production.
The business model emphasizes:
- Quality Manufacturing: Adhering to strict quality standards (ISO 9001:2018), the company ensures its aluminum wire rods meet domestic and international specifications.
- Customer-Centric Approach: Jainik Power and Cables builds long-term relationships by providing customized solutions and timely delivery to its clients.
- Sustainable Operations: The company follows environmentally friendly practices to minimize waste and reduce its carbon footprint.
- Expansion and Growth: Jainik Power and Cables plans to increase production capacity by setting up new plants and investing in technology upgrades to cater to rising demand.
- Financial Prudence: The company balances growth initiatives with maintaining healthy financial metrics, focusing on debt management and profitability.
Product Portfolio
Jainik Power and Cables Limited primarily manufactures high-quality aluminum wire rods that serve multiple industries such as electrical, construction, automotive, and aerospace.
Key Products:
- Commercial Grade Aluminum Wire Rods:
These rods have aluminum purity above 98.6%, with sizes typically between 9.5 mm and 12 mm in diameter. They offer good strength and are widely used in various industrial applications. - Electrical Conductivity Grade Aluminum Wire Rods:
These rods have a higher aluminum purity of over 99.5%, ensuring excellent electrical conductivity. They are suitable for applications where superior electrical performance is required.
Manufacturing Capacity:
The company has a manufacturing unit in Sonipat, Haryana, with an annual production capacity of around 25,000 metric tons, operating under strict quality standards to ensure product reliability.
Raw Materials:
Jainik Power and Cables uses high-purity aluminum ingots and other materials to maintain product quality and meet client specifications.
Overall, the company focuses on delivering customized solutions and maintaining consistent quality to serve diverse customer needs.
Features Across Products
- High Purity: Products are made from aluminum with purity levels exceeding 98.6% for commercial grade and over 99.5% for electrical conductivity grade, ensuring superior performance.
- Consistent Quality: Manufactured under stringent quality controls and ISO 9001:2018 certification, guaranteeing reliability and uniformity in every batch.
- Varied Sizes: Aluminum wire rods are available in multiple diameters (typically 9.5 mm to 12 mm) to suit different industrial requirements.
- Excellent Conductivity: Electrical conductivity grade rods offer low resistivity, making them ideal for electrical and power transmission applications.
- Mechanical Strength: Products exhibit strong breaking load capacity, ensuring durability in demanding applications.
- Customization: The company provides tailored solutions in terms of size, purity, and packaging to meet specific customer needs.
- Sustainability: Emphasis on environmentally friendly manufacturing processes to reduce waste and promote sustainable practices.
🎯 Objectives of the IPO
Expand Manufacturing Capacity: To raise funds for setting up a new manufacturing plant, which will help increase production and meet growing market demand.
Enhance Working Capital: To strengthen the company’s working capital base, enabling smoother operations and improved liquidity.
Debt Reduction: To repay existing loans, thereby reducing financial costs and improving the company’s balance sheet.
General Corporate Purposes: To support ongoing business activities, including marketing, research and development, and other operational expenses.
Improvement of Infrastructure: To invest in modernizing facilities and adopting advanced technologies for better efficiency and product quality.
Future Outlook
Jainik Power and Cables Limited is well-positioned to benefit from the growing demand for aluminum wire rods across various industries such as electrical, construction, and automotive. With plans to expand production capacity and invest in modern technology, the company aims to improve efficiency and meet increasing market needs.
The business is also focusing on broadening its market reach, both within India and internationally, to capitalize on new opportunities. Additionally, Jainik Power and Cables is committed to adopting sustainable manufacturing practices, aligning with global environmental standards.
Overall, the company’s strategic initiatives are expected to support steady growth and strengthen its market presence in the years ahead.
🧭 Vision and Leadership
Vision:
Jainik Power and Cables Limited strives to be a globally recognized leader in the aluminum wire rod manufacturing industry. The company is committed to delivering high-quality products that meet international standards, fostering innovation, and contributing to sustainable development. By embracing advanced technologies and maintaining a customer-centric approach, Jainik Power and Cables aims to enhance its market presence and build lasting relationships with clients and partners.
Leadership:
The company is led by a team of dedicated professionals with extensive experience in the manufacturing sector. Key members include:
- Mr. Shashank Jain – Founder & Managing Director
- Mr. Prateek Jain – Director & Chief Financial Officer
- Mr. Anju Jain – Non-Executive Director
- Mr. Manish Wahi – Independent Director
- Mr. Sachin Goyal – Independent Director
Market Positioning and Growth Prospects
Jainik Power and Cables Limited is an established manufacturer of aluminum wire rods, serving industries such as electrical, construction, automotive, and aerospace. The company operates a modern facility with a strong focus on quality and customer satisfaction, offering products that meet industry standards.
📈 Growth Prospects
- Industry Expansion: The wires and cables sector is experiencing steady growth driven by increased infrastructure development and rising demand across various sectors.
- Infrastructure Development: Government investments in infrastructure projects are expected to boost the demand for cables and related products.
- Renewable Energy: Growth in renewable energy initiatives, such as solar and wind power, is creating new opportunities for cable manufacturers.
- Electric Vehicle Market: The rise of electric vehicles and associated charging infrastructure is set to increase the need for specialized cables.
- Export Potential: Expanding export markets offer opportunities for companies like Jainik Power and Cables to grow their international footprint.
