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. [*]/- per equity share including a share premium of [*]/- per equity share (the "Issue Price") Aggregating to Rs. [*] crores ("The Issue"), of which 2,34,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*]/- 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. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] 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.
Price band: Rs.100/- to Rs. 110/- per equity share of face value Rs. 10/- each.
The floor price is 10 times the face value and Cap price is 11 times the face value of the equity shares. The price to earning ratio based on diluted EPS for fiscal 2024-2025 at the floor price is 10.01 times and at the Cap price is 11.01 times.
Bids can be made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.