Jainik Power and Cables IPO GMP Live, Open Date, Close Date, Price Band

Jainik Power and Cables IPO open date is June 10, 2025, and the closing date is June 12, 2025. This new IPO is a book-built price issue worth up to Rs 51.30 crores. This upcoming IPO is offering entirely fresh issues of up to 46,63,200 equity shares worth up to Rs 51.30 crore. 

Jainik Power and Cables IPO issue price band is Rs 100 to Rs 110 per share. As of now, the live GMP of the Jainik Power and Cables IPO is at 0, indicating neutral sentiment and low interest among investors for this IPO.

Jainik Power and Cables IPO lot size is 1,200 shares, and the allotment status will be finalised on June 13, 2025. The minimum investment for retail investors is Rs 1,32,000. The registrar for the Jainik Power and Cables IPO is Skyline Financial Services Private Ltd. The listing date is June 17, 2025.

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Jainik Power and Cables IPO GMP Live

Jainik Power and Cables IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be near at Rs 110 per share. You can check the latest IPO Grey Market Premium today online.

Jainik Power and Cables IPO Price Band

Jainik Power and Cables IPO price band is Rs 100 to Rs 110 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,32,000 (110 x 1,200 shares). However, for the HNI category, the minimum investment amount required is Rs 2,64,000 (110 x 2400 shares).

Jainik Power and Cables Allotment Status

Jainik Power and Cables IPO Allotment status is available on its registrar Skyline Financial Services Private Ltd website on Jun 13, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

Jainik Power and Cables Listing Date

Jainik Power and Cables IPO listing date is June 17, 2025. The Listing will be on the NSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Jainik Power and Cables IPO: Listing Date, Lot Size, Price Band

Jainik Power and Cables Limited: About the Company

Jainik Power and Cables Limited, established in 2011, is an ISO-certified manufacturer specialising in high-quality aluminium wire rods for diverse industrial applications. 

Headquartered in Delhi, the company has evolved from trading aluminium rods to setting up advanced manufacturing operations in 2023, leveraging over a decade of industry expertise.

Jainik Power and Cables operates a state-of-the-art facility with a good production capacity of approximately 2,000 tons per month, with timely supply to clients across Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand.

The company adheres to rigorous Environmental, Health, and Safety (EHS) standards, reflecting a strong commitment to sustainable and responsible manufacturing. Backed by a dedicated team and a streamlined supply chain, Jainik Power and Cables Limited consistently delivers products that meet stringent quality benchmarks, supporting infrastructure growth and innovation in the metals sector.

Jainik Power and Cables IPO Objectives

Jainik Power and Cables IPO objectives include utilising the funding received from the fresh issue to meet working capital requirements, fund and set up a new plant, repay a portion of the loan availed by the company, and cover general corporate purposes and issue-related expenses.

Jainik Power and Cables IPO: Key Dates, Allotment, Listing Date

Jainik Power and Cables IPO Promoter Holdings

Jainik Power and Cables IPO promoters are Mr. Shashank Jain, Mr. Prateek Jain and Mrs. Anju Jain and Mr. Subhash Chand Jain. Their combined shareholding before the IPO was 99.79%; post-IPO, their shareholdings will be going to decline.

Jainik Power and Cables Limited Financials (Amt in Rs Cr)

Lead Manager and Registrar of Jainik Power and Cables IPO

Jainik Power and Cables lead manager is Fast Track Finsec Pvt Ltd. The company has appointed Skyline Financial Services Private Ltd as the registrar for this public issue.

How to apply for the Jainik Power and Cables IPO

Interested investors who want to apply for the Jainik Power and Cables IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website by visiting here. You can also check the details of the upcoming IPO on the Bigul platform.

Jainik Power and Cables IPO FAQs

1. What are the core details available of the Jainik Power and Cables IPO?

Jainik Power and Cables IPO is a book-built price issue worth up to Rs 51.30 crores. The price band for this IPO is Rs 100 – Rs 110 per share. This upcoming IPO is offering entirely a fresh issue of 46,63,200 equity shares worth up to Rs 51.30 crore.

2. What is the Jainik Power and Cables IPO open date and close date?

Jainik Power and Cables IPO subscription opens on June 10, 2025, and closes on June 12, 2025.

3. What is Jainik Power and Cables IPO GMP Live?

Jainik Power and Cables IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same or near the allotment price, which is Rs 110 per share. You can check the latest IPO Grey Market Premium today online.

4. How do you check the IPO Allotment status?

Jainik Power and Cables IPO Allotment status is available on its registrar, Skyline Financial Services Private Ltd website. Once the IPO subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who are the registrar and lead managers of Jainik Power and Cables IPO?

Jainik Power and Cables IPO lead manager is Fast Track Finsec Pvt Ltd. The company has appointed Skyline Financial Services Private Ltd as the registrar for this public issue.

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