Market & News

graph-market IPO

Jainik Power Cables Ltd

Registered Office: 39/101A 1st Flr Community Cntr,Wazipur Inds. Area Wazir Pur 3, Delhi - 110052, Delhi, India.
Phone : +91 99992 68508   Fax:
Email :  info@jainikpower.com  
Website :  www.jainikpower.com

Public issue of 46,63,200 equity shares of face value Rs. 10/- each of Jainik Power and Cables Limited. ("Jainik" or the "Company" or the "Issuer") for cash at a price of Rs. 110/- per equity share including a share premium of  Rs. 100/- per equity share (the "Issue Price") Aggregating to Rs. 51.30 crores ("The Issue"),  of which 2,34,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 110/- per equity share including a share premium of Rs. 100/- per equity share aggregating to Rs. 2.57/- crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 44,29,200 equity shares of face value of Rs. 10/- each at a price of Rs. 110/- per equity share including a share premium of Rs. 100/-  per equity share aggregating to Rs. 48.73 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 32.50% and 30.87%, respectively of the post issue paid up equity share capital of the company.


Issue Money Payable On
Opens On Closes On Application Allotment
10-Jun-25 12-Jun-25 110.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 1200   Further Multiples of : 1200
  Rs Cr Lead Managers to the Issue
Project Cost 0.00 Fast Track Finsec Pvt Ltd
Project Financed through Current Offer 51.30  
Post Issue Equity Share Capital 14.35  
Issue Price 110.00  

Projects

  • Working capital requirement
  • Fund and set up a plant
  • Repayment of portion of loan availed by the company
  • General corporate purposes

Promoted By

Shashank Jain

Prateek Jain

Anuj Jain

Listing At

NSE - SME

Registrar to the Issue

No Data Available

x
x
×
Let's Chat
close
refresh