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⚡ Jainik Power and Cables IPO: Price, Dates, Lot Size, Company Profile & Investment Insight
The Jainik Power and Cables IPO is attracting attention from retail and institutional investors alike. With India’s power infrastructure and transmission sectors growing rapidly, this IPO offers an opportunity to invest in a promising player in the electrical cables and conductors industry.
Here’s a detailed look at the Jainik Power and Cables IPO, including key dates, financials, objectives, risks, and whether it’s worth subscribing.
📅 Jainik Power and Cables IPO Dates & Key Information
| IPO Open Date | June 10, 2025 |
|---|---|
| IPO Close Date | June 12, 2025 |
| Listing Date | June 16, 2025 (Expected) |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹100 per share |
| Lot Size | 1200shares |
| Minimum Investment | ₹1,20,000 (for 1 lot) |
| Total Issue Size | ₹51.30 crore |
| Listing Exchange | NSE SME platform |
🏢 About Jainik Power and Cables Ltd
Founded in 2005, Jainik Power and Cables Ltd is engaged in the manufacturing and supply of power cables, electrical wires, and conductors, primarily catering to power utilities, infrastructure companies, and state electricity boards.
The company operates a manufacturing unit in Gujarat and has been steadily growing its customer base in both private and government sectors. Jainik Power is also involved in EPC (Engineering, Procurement & Construction) work for electrical projects.
Core Offerings:
- LT & HT Power Cables
- Aerial Bunched Cables
- House Wires
- Overhead Conductors
- Turnkey EPC Services for electrification
📊 Financial Performance Snapshot
| Year | Revenue (₹ Cr) | Net Profit (₹ Cr) |
|---|---|---|
| FY 2022 | ₹67.39 | ₹0.15 |
| FY 2023 | ₹339 | ₹5.02 |
| 9M FY 2024 | ₹352 | ₹9.24 |
Jainik Power has shown consistent growth in revenues and profits with a healthy order book and strong customer base in the infrastructure and power sector.
🎯 IPO Objectives
Proceeds from the Jainik Power and Cables IPO will be used for:
- Working capital requirements
- General corporate purposes
- Strengthening brand presence and distribution
- Partial repayment of debts (if applicable)
🧾 Jainik Power IPO – Lot Size & Investment
| Application Lots | Shares | Amount (₹) |
|---|---|---|
| 1 Lot | 1200 | ₹1,20,000 |
| 2 Lots | 2400 | ₹2,40,000 |
| 3 Lots | 3600 | ₹3,60,000 |
As this is an SME IPO, a minimum investment of ₹1.2 lakh is required for retail investors.
🛡️ Risks to Consider
- Operates in a highly competitive and price-sensitive industry
- Dependent on government contracts and utility projects
- Fluctuation in raw material (copper, aluminum) prices may impact margins
- SME IPOs can be less liquid post-listing compared to mainboard IPOs
💡 Should You Subscribe to Jainik Power and Cables IPO?
✅ Pros:
- Operating in a growing sector with strong demand for cables and electrification
- Solid growth in revenue and profits over the past few years
- Consistent government infrastructure push in rural and smart grid electrification
- Reasonable IPO pricing compared to peers
❌ Cons:
- Limited scale and brand presence nationally
- Relatively low net profit margins
- SME IPOs carry higher volatility post-listing
Verdict: Investors with high-risk appetite and a long-term view on India’s power infrastructure growth can consider subscribing. Conservative investors should evaluate after reviewing final listing price and market sentiment.
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