
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
Close
12 Jun 2025
Allotment
13 Jun 2025
Refund
14 Jun 2025
Demat Credit
15 Jun 2025
Listing
17 Jun 2025
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹110
Band: ₹100 – ₹110
Estimated Listing Price
₹110
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,32,000
Estimated Profit / Lot
₹0
1200 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹110 |
| 30 Oct 2026 | — | 0.0% | ₹110 |
| 29 Oct 2026 | — | 0.0% | ₹110 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Jainik Power Cables Limited IPO is ₹0, which indicates an expected listing price of ₹110.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.