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
Overall Subscription
1.54x
Total Demand
QIB Multiplier
2.50x
Institutions & Funds
NII / HNI
1.13x
High Net-Worth
Retail (RII)
2.08x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 178,800 | 447,600 | 2.50x |
| NIB | 1,992,000 | 2,260,800 | 1.13x |
| RETAIL | 1,992,000 | 4,134,000 | 2.08x |
| Total | 4,162,800 | 6,842,400 | 1.54x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 1 | 0.00x |
| NIB | — | 230 | 0.00x |
| RETAIL | — | 3,445 | 0.00x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 is Jainik Power Cables Limited IPO GMP today?
Currently, Jainik Power Cables Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹100 to ₹110 per equity share.
What is the expected profit per lot for Jainik Power Cables Limited IPO?
The retail lot size is 1200 shares requiring a minimum application amount of ₹1,32,000. Expected listing price is ₹110 per equity share.
What is the issue size and price band for Jainik Power Cables Limited IPO?
The Jainik Power Cables Limited IPO aggregate issue size is ₹51.3 Crores with an equity price band set at ₹100 to ₹110 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,32,000.
How can I check Jainik Power Cables Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.54x (Retail: 2.08x, QIB: 2.50x, NII: 1.13x). You can track live multiples directly on our dedicated subscription page.
Where and when will Jainik Power Cables Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2025-06-13. Investors can verify status using PAN card or application number.
When is the listing date for Jainik Power Cables Limited IPO?
Jainik Power Cables Limited shares are scheduled to list on NSE on 2025-06-17.