What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Jainik Power Cables Limited IPO allotment date?

The basis of allotment for Jainik Power Cables Limited IPO is scheduled to be finalized on 13 Jun 2025.

Where can I check Jainik Power Cables Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Skyline Financial Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 14 Jun 2025.

Jainik Power Cables Limited

ListedSME

Capital 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

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

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Jainik Power Cables Limited Allotment Status

Designated Registrar: Skyline Financial Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

13 Jun 2025

Basis finalization

Refunds Initiate

14 Jun 2025

Mandate release

Demat Credit

15 Jun 2025

Shares in demat

Listing Debut

17 Jun 2025

Trading begins

How to Check Jainik Power Cables Limited IPO Allotment Status

Click the Check on Registrar button above to visit Skyline Financial Services Private Limited's allotment portal.
Select Jainik Power Cables Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Jainik Power Cables Limited Public Issue & Market Profile

Jainik Power Cables Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Manufacturing sector with an aggregate issue size of ₹51.3 Crores. The shares are offered at a price band of ₹100 to ₹110 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2025-06-12, the basis of allotment is scheduled to be finalized on 2025-06-13. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.