Jain International Power IPO

About Jain International Power IPO

The IPO of Jain International Power comprises a fresh issue. It has no offer for sale. The fresh issue aggregates up to ₹70 crores. It’s a 100% book-built issue. The price band is [TBA].

Jain International Power IPO opens on [TBA] and closes on [TBA]. The allotment of shares will take place on [TBA]. The credit of shares to the Demat account will take place on [TBA]. The initiation of refunds will take place on [TBA].

The listing of shares will take place on [TBA]. The lot size of shares in the IPO is [TBA]. The minimum investment amount required by a retail investor is ₹ [TBA] based on the upper price. The minimum lot for retail investors in this IPO is [TBA].

Jain International Power primarily focuses as an integrated power equipment supplier, offering a complete range of engineering, products, solutions and services in areas of automation and power technology. In its initial phase, the company operated primarily as a trader and distributor of electrical products.

Over time, it has evolved to focus on delivering customised solutions tailored to specific customer requirements. This strategic shift has enabled it to add greater value through innovation and technical support.

Objectives of Jain International Power IPO

The company proposes to utilise the IPO proceeds for:

• Capital expenditure
• Funding working capital requirements
• General corporate purposes
• Issue expenses

Industry Outlook

India’s capital goods manufacturing industry serves as a strong base for its engagement across sectors such as engineering, construction, infrastructure and consumer goods, amongst others. In FY25, exports of engineering goods reached ₹9,86,328 crores (US$ 116.67 billion).

The top 5 export destinations for engineering goods during FY25 were USA, UAE, Saudi Arabia, Germany and Italy. Imports of electrical machinery in India increased to US$ 12.30 billion in FY24. The Indian electrical equipment industry comprises two broad segments, generation equipment (boilers, turbines, generators) and transmission & distribution (T&D) and allied equipment like transformers, cables, transmission lines, etc.

The sector contributes about 8% to the manufacturing sector in terms of value, and 1.5% to overall GDP. Incentives for capacity addition in power generation will further increase the demand for electrical machinery.

Jain International Power Company Information

Jain International Power primarily focuses as an integrated power equipment supplier, offering a complete range of engineering, products, solutions and services in areas of automation and power technology considered as capital goods – electrical equipment in the industry.

In its initial phase, the company operated primarily as a trader and distributor of electrical products. Over time, it has evolved to focus on delivering customised solutions tailored to specific customer requirements. This strategic shift has enabled the company to add greater value through innovation and technical support.

Strengths of Jain International Power

• Customisation expertise
• Experienced promoter and management team with strong industry expertise and successful track record.
• Sustainable business model
• Marquee clientele

Risks of Jain International Power

• History of negative cash flows and negative cash flow in the future could adversely affect results of operations
• Continuous increases in transportation costs or unavailability of transportation services could adversely affect business
• Lenders have charged over its movable and immovable properties in respect of finance availed by the company
• Dependent on third parties for the supply of raw materials for customised products
• Loss of any one or more of major customers would have a material adverse effect on business

Anchor Investor Bidding Date

TBA

IPO Registrar and Book Running Lead Manager

• IPO Registrar: MUFG Intime India
• Book Running Lead Manager: Share India Capital Services

Jain International Power Business Model

Jain International Power (JIPL) operates across two core business segments:
(i) the supply of standard, off-the-shelf products and
(ii) the supply of customised, client-specific solutions. This dual approach enables the company to cater to a broad spectrum of industrial needs with flexibility, efficiency, and technical precision.

Jain International Power Growth Trajectory

The revenue from operations of Jain International Power grew from ₹57.2032 crores in FY 23 to ₹189.8877 crores in FY 25. Its EBITDA margin grew from 5.48% in FY 23 to 15.47% in FY 25. Sustainable business model and a marquee clientele have helped the company grow over the years.

Jain International Power Market Position

Jain International Power has played a pivotal role in supporting industrial infrastructure development across India, supplying critical electrical components to sectors such as motors and pump sets, turnkey project contractors, machine manufacturers, and various industrial enterprises.

Its extensive product portfolio and strong technical expertise allow it to meet the complex demands of a diverse clientele. It proudly serves a wide customer base that includes major engineering firms, mining companies, OEMs, and manufacturing industries.

How to Apply for the Jain International Power IPO?

To apply for this IPO:

• Log in to your Kotak Neo Demat account: Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Specify IPO details: Enter the number of lots and the price you wish to apply for.
• Enter UPI ID: After entering your UPI ID, click submit. This will place your bid with the exchange.
• Mandate Notification: Your UPI app will receive a mandate notification to block funds.
• Approve Request: Your funds will be blocked once you approve the mandate request on your UPI.