Listed

Jainik Power and Cables Limited IPO

Jainik Power and Cables Limited is a manufacturer of aluminum wire rods, catering to industries such as power transmission, construction, and infrastructure. Established in 2009, the company operates a modern manufacturing facility in Jaipur, Rajasthan, with an annual installed capacity of 25,000 metric tons.

RHP DRHP Check Allotment Status

Min Investment

₹1,32,000

Lot Size

1,200 Shares

Price Range

₹110.0

Issue Size (₹ Cr.)

₹51.30

IPO Type

NSE SME

Key Metrics

Face Value

₹ 10

GMP

₹ 0.0

Subscription

1.54x

EPS

₹ 6.44

P/E Ratio

17.09 x

RoNW

56.92%

ROE

56.92%

Debt to Equity (₹ Cr.)

0.79

Timeline

IPO Opened10/06/2025Tuesday

IPO Closed12/06/2025Thursday

Allotted13/06/2025Friday

Refunded16/06/2025Monday

Listed17/06/2025Tuesday

Strengths

Modern Manufacturing Unit: Operates a state-of-the-art plant on a 2-acre site with a 25,000-ton annual capacity.
Strict Quality Assurance: Follows ISO 9001:2015 standards with multi-stage testing to ensure product reliability.
Experienced Management: Led by an industry veteran with deep knowledge in aluminum product manufacturing.
Wide Industry Reach: Supplies to key sectors like power, construction, automotive, and aerospace.
Strong Financials: Recorded over ₹322 crore in revenue and nearly ₹9 crore profit in FY 2023.

Weaknesses

Limited Product Range: Primarily focused on aluminum wire rods, which may limit diversification and revenue streams.
Geographic Concentration: Operations and revenue are mainly concentrated in India, making the company vulnerable to domestic market fluctuations.
High Raw Material Dependency: Relies heavily on aluminum procurement, exposing it to raw material price volatility.
Moderate Scale of Operations: Despite growth, it remains a relatively small player compared to large cable manufacturers, limiting competitive leverage.
IPO Dependency for Expansion: Future growth plans rely significantly on IPO proceeds, showing current financial constraints.