Jainik Power Cables Limited IPO Opens on June 10, 2025

Equity Share Allocation

• Qualified Institutional Buyer – Up to 4,45,200 Equity Shares
• Non-Institutional Investors – Not less than 19,92,000 Equity Shares
• Retail Individual Investors – Not less than 19,92,000 Equity Shares
• Market Maker – Up to 2,34,000 Equity Shares

The net proceeds from the IPO will be utilised for setting up a plant, repayment of a portion of the loan availed by the Company, funding working capital requirements and general corporate purposes. The issue will close on June 12, 2025.

The Book Running Lead Manager to the Issue is Fast Track Finsec Private Limited, and The Registrar to the Issue is Skyline Financial Services Private Limited.

Mr. Shashank Jain, Managing Director of Jainik Power Cables Limited, expressed, “The launch of our IPO marks a significant milestone in our journey of transformation from a trading-based business to a fully integrated manufacturing enterprise. With the establishment of our aluminium wire rod production facility and adherence to global standards in quality, safety, and environmental practices, we are geared to serve the increasing demand from core sectors such as industrial manufacturing and power infrastructure. The capital raised through this issue will enable us to scale our operations, optimise our financial structure, and drive long-term value creation. This marks the beginning of an exciting new chapter in our growth journey.”

Ms. Sakshi, Director of Fast Track Finsec Private Limited, said, “We are pleased to be associated with Jainik Power Cables Limited as the lead manager for their Initial Public Offering. The company brings over a decade of experience in the metal industry and has quickly established itself as a quality-focused manufacturer in the aluminium wire rod segment. With operations already serving key northern markets.

The aluminium wire rod industry is experiencing steady growth, fueled by rising investments in electrification and industrial development. This presents a significant opportunity for Jainik Power Cables Limited to expand its manufacturing capacity and tap into the increasing demand driven by infrastructure expansion and large-scale electrification initiatives.”

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