Jainik Power Cables Limited
- Minimum Investment₹1,20,000
- Price Range₹100 - ₹110
- Issue Size₹51.30 Cr
- Lot Size1200 shares
This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.
Proceeds of this IPO to be used for
To meet the working capital requirements of the company
To fund and set up a plant
To repay a portion of the loan availed by the company
General corporate purposes
To meet the issue expenses
Strengths & Weaknesses of Jainik Power Cables Limited
Quality standards
The company maintains stringent quality standards throughout its manufacturing process. It holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, demonstrating its commitment to quality management, environmental responsibility, and workplace safety
Customisation
The company offers customised aluminium wire rod solutions tailored to specific client requirements. By working closely with customers, the company delivers products that precisely match their needs, improving performance and customer satisfaction
Infrastructure
The company operates a modern manufacturing facility in Sonipat, Haryana, equipped with advanced machinery and technology. It has made significant investments in land acquisition and plant infrastructure since 2021, enabling expansion of production capacity while maintaining consistent product quality
No long-term contracts
The company lacks firm, long-term agreements with customers and operates primarily on short-term purchase orders. These orders can be amended or cancelled, potentially impacting revenues and production schedules
Raw material volatility
The company does not have long-term supply contracts for raw materials like aluminium ingots and litho sheets. It faces risks from price fluctuations and supply disruptions due to external factors such as global demand, tariffs, natural disasters, and currency movements, which could adversely impact its financial performance
Location concentration risk
The company's manufacturing operations are concentrated in Sonipat, Haryana. Any regional disruptions, such as social unrest or natural calamities, could severely affect its operations. Additionally, increasing competition and infrastructure strain in the area may impact profitability and operational efficiency
Financials
Earnings Per Share
No Data
Balance Sheet
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Cash Flow
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About Jainik Power Cables Limited
- PromoterShashank Jain
- PromoterPrateek Jain
- PromoterAnju Jain
- PromoterSubhash Chand Jain