stockaxis

Jainik Power and Cables Ltd.

IPO Details
  • Issue Type Book building
  • Price range Rs.100-110
  • Market Lot 1200
  • Total Equity Shares 4663200
  • Face Value Rs. 10
  • Listing Date
IPO Timeline
Opening date Jun 10, 2025
Closing date Jun 12, 2025
Listing Date

IPO Details

Jainik is engaged in manufacturing aluminum wire rods from the year 2023, and it’s been more than a decade since the company has worked in the metal industry, before the manufacturing the company deals in the trading of aluminum rods. Our Company is a manufacturer and supplier of aluminum wire rods with quality practices and compliant with the Environmental, Health, and Safety (EHS) in the manufacturing industry as certified with the ISO Certificates held by the Company. The company has a Quality Assurance Department which ensures testing through spectrometers for purity checks and detects even hidden impurities.

Projects

1. Project Name: Working Capital Requirement

Project Cost: 235

2. Project Name: Fund and set up a plant

Project Cost: 109.9

3. Project Name: Repayment of portion of loan availed by our Company

Project Cost: 50

Promoters

Prmoters Name

1. Shashank Jain

2. Prateek Jain

3. Anju Jain

4. Subhash Chand Jain

Prmoters Holdings
  • Pre Share Capital: 9664000
  • Pre Promoter Holding: 99.79
  • Offer to Public: 4663200
  • Post Share Capital: 9664000
  • Post Promoter Holding: 67.35

Registrar

Registrar Name:Skyline Financial Services Pvt Ltd
Phone: 91-011-26812682/84
Email: admin@skylinerta.com
Website:

Lead Managers

  • Fast Track Finsec Pvt Ltd.

Subscription Details