Jainik Power & Cables IPO 2025: Apply or Avoid?

The Jainik Power & Cables Limited IPO opens on June 10, 2025, presenting investors with an opportunity to participate in India's rapidly expanding aluminum wire and cable sector. With the India wires and cables market projected to grow from USD 10.01 billion in 2025 to USD 17.08 billion by 2032, exhibiting a CAGR of 7.94%, this SME IPO comes at a strategically opportune time.

IPO Dates for Jainik Power & Cables

The Jainik Power and Cables IPO date is June 10, 2025 and the close date is June 12, 2025. The Jainik Power and Cables IPO allotment will be finalized on June 13, 2025 and the IPO listing on June 17, 2025.

Jainik Power and Cables IPO Market Lot

The Jainik Power and Cables IPO minimum market lot is 1200 shares with ₹1,32,000 application amount.

About of Jainik Power and Cables IPO

Jainik Power & Cables Limited has established itself as a focused manufacturer of aluminum wire rods since 2023. The company operates with a clear strategic vision in the metal industry, leveraging over 32 years of combined experience from its promoters and managing director.

Operational Footprint

1. Manufacturing Capacity : Currently produces 9.5 mm aluminum wire rods

2. Geographic Reach : Supplies across Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand

3. Team Strength : As of May 05, 2025, the company has 71 employees

4. Quality Standards : Accredited by EGAC, International standards and compliant with Environmental, Health, and Safety (EHS) standards

Financial Performance of Jainik Power & Cables

The company reported revenue of ₹352.38 crores in 2025 against ₹339.23 crore in 2024. The company reported profit of ₹9.24 crores in 2025 against profit of ₹5.02 crores in 2024.

Amount ₹ in Crores

Explanation

From ₹339.23 crores in March 2024 to ₹352.38 crores in March 2025, Jainik Power & Cables Limited's income increased by 3.87%. Additionally, the company's PAT increased from ₹5.02 crores to ₹9.24 crores, an 84.06% rise.

Jainik Power & Cables IPO Share Reservation

The Jainik Power & Cables IPO is a bookbuilding offering of 46.63 lakh shares valued ₹51.30 crores. The NSE and SME will list shares of Jainik Power & Cables Limited. Additionally, SEBI set down the requirements for reserving shares for certain investor types.

Aim of Jainik Power & Cables IPO

The primary goal of the Jainik Power & Cables IPO is to raise ₹51.30 crores. However, Jainik Power & Cables Limited has made the decision to use these monies in a different way. Examine a few of the secondary goals for the IPO of Jainik Power & Cables.

• To fund working capital requirements.
• To meet general corporate purposes.
• To fund and set up a new plant.
• To meet issue expenses.
• Repayment of loan taken by the company.

How to Apply for Jainik Power & Cables IPO?

step-by-step guide on how to apply for the Jainik Power & Cables IPO:

Step 1 : Login to your broker app (Zerodha, Angel One, Groww, etc.)

Step 2 : Go to the IPO section and select Jainik Power & Cables IPO

Step 3 : Click “Apply”

Step 4 : Enter

• Lot size (min. 1 lot = 1200 shares)

• Bid price (₹100–₹110 or select Cut-Off)

• Your UPI ID

Step 5 : Submit the application

Step 6 : Approve the UPI mandate in your UPI app (PhonePe, GPay, etc.)

🕔 Mandate must be approved before 5 PM on the same day or before IPO closes (June 12).

How to Check Jainik Power & Cables IPO Allotment Status?

You can check for Jainik Power & Cables IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On NSE

Step 1 : Visit the NSE Official Website.

Step 2 : Navigate to the IPO Allotment Section.

Step 3 : Select Equity as the issue type.

Step 4 : Choose Jainik Power & Cables IPO.

Step 5 : Choose whether to proceed with the PAN number or application number.

Step 6 : Submit your details to get the allotment status online.

Know Before Investing

Risks

• Raw Material Volatility : Fluctuating aluminium prices can impact margins.

• Regional Dependence : Limited to North India, reducing geographic diversification.

• SME Risks : Lower liquidity and higher volatility than mainboard stocks.

• Competitive Market : Threat from established and new players.

• High Working Capital Needs : Cash flow can be strained.

• Infra-Linked Revenue : Dependent on government infrastructure spending.

Strengths

• Experienced Promoters : 32+ years in the metal industry.
• Strong Financials : 84% PAT growth and steady revenue rise.
• EHS-Compliant : High manufacturing and safety standards.
• Favorable Industry Trend : Tapping into India’s infra and electrification boom.
• Aluminium Focus : Strategic product with global demand.
• Healthy Debt Position : Moderate leverage with planned IPO fund utilization.

Conclusion

Jainik Power & Cables IPO represents a compelling investment opportunity within India's expanding aluminum wire and cable ecosystem. The company's strong financial performance, experienced management, and strategic positioning in a growing market create a favorable investment case.

The 84% growth in profitability, coupled with industry tailwinds showing the India wires and cables market exhibiting a CAGR of 7.94% during the forecast period, suggests potential for sustained growth. However, investors should carefully consider the inherent risks associated with SME investments and align their investment strategy with their risk tolerance and investment objectives.

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