Price Band
₹100 - ₹110
Lot Size
1200
Issue Size
₹51.3 Cr
GMP
N/A
Subscription
1.54x
Analyzing...
IPO Schedule
1
Open
10 Jun 2025
2
Close
12 Jun 2025
3
Allotment
-
4
Listing
17 Jun 2025
About Jainik Power Cables
Jainik Power Cables is an SME engaged in the manufacturing and supply of power cables. Their product portfolio caters to diverse industrial and infrastructure applications, potentially serving both domestic and international markets.
Key Strengths
- High Return on Equity (ROE) of 56.92% indicates strong profitability and efficient utilization of shareholder equity.
- Relatively low Price-to-Earnings (P/E) ratio of 11.53 suggests the IPO might be attractively priced compared to industry peers (further comparative analysis needed).
- SME segment listing provides potential for higher growth compared to larger, more established companies.
- The power cable industry is linked to infrastructure development, offering growth potential as infrastructure projects expand.
- Established manufacturing capabilities and supply chain network (assuming they have these)
Risk Factors
- •SME IPOs are generally more volatile and carry higher risk compared to mainboard IPOs due to lower liquidity and limited historical data.
- •The power cable industry is competitive and susceptible to fluctuations in raw material prices (e.g., copper, aluminum).
- •Dependence on specific industries or clients could pose a risk if those sectors experience a downturn.
- •Risk of execution of projects, technology obsolescence, and change in government policies.
Valuation Analysis
The IPO appears reasonably valued based on the P/E ratio; however, investors should conduct thorough due diligence and compare Jainik Power Cables with its competitors and similar listed entities to assess the true value and investment potential before investing.
IPO Details
ExchangeNSE
SegmentSME
ISININE0XIL01012
NSE SymbolJAINIK
Face Value₹10
Lot Size1200
Issue Size₹51.3 Cr
Key Metrics
ROE56.92%
ROCE55.92%
P/E Ratio11.53
Industry P/E20
EPS9.54
PAT Margin2.63%
Debt/Equity0.79
Growth & Quality
ProfitableYes ✓
Subscription
Total0.71x
Imbalance Ratio1.3x
Documents
RHP not available
Key Dates
Open Date10 Jun 2025
Close Date12 Jun 2025
Listing17 Jun 2025