Jainik Power Cables Limited
ListedSMECapital Goods / Industrial Manufacturing · NSE
Jainik Power and Cables Limited was established in May 2011. Since 2023, the company has been producing aluminum wire rods, building on more than ten years of experience in trading aluminum rods. They follow strict Environmental, Health, and Safety (EHS) standards and hold ISO certifications. Their Quality Assurance team checks the purity of materials using spectrometers to find any hidden impurities. The manufacturing unit is located in Sonipat, Haryana, and is certified with ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015. These certifications ensure that the company meets high standards for quality, safety, and environmental care. Jainik Power and Cables supplies its products to customers in Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand.As of May 5, 2025, the company has a team of 71 employees.
Price Band
₹100 – ₹110
Issue Size
₹51.30 Cr
Lot Size
1200 shares
GMP
—
Est. Listing
₹110
at current GMP
Subscribed
1.54x
overall
Open
10 Jun 2025
Close
12 Jun 2025
Allotment
13 Jun 2025
Refund
14 Jun 2025
Demat Credit
15 Jun 2025
Listing
17 Jun 2025
Last updated 12 days ago
Key Highlights
- •Leading player in the Capital Goods / Industrial Manufacturing segment
- •Price band established at ₹100 - ₹110 per equity share
- •Minimum bid lot is 1200 shares
- •Estimated listing target of ₹110 based on current grey market activity