Jainik Power and Cables Limited is gearing up to launch its Rs 51.30 crore IPO, opening for subscription from 10th June to 12th June.
This fresh issue of 46.63 lakh shares will be listed on the NSE SME platform.
Retail investors need to invest at least Rs 1,32,000, while HNIs must apply for a minimum of Rs 2,64,000 (2,400 shares or 2 lots).
Skyline Financial Services Private Limited is acting as the registrar to the issue, with Fast Track Finsec Private Limited as the lead manager. The market maker for the same is Rikhav Securities Limited.
Jainik SME IPO GMP Today
As of 11:30 PM on 12th June, 2025, the Grey Market Premium (GMP) for Jainik Power and Cables IPO stands at Rs 0. With an IPO price band of Rs 110, the expected listing price is Rs 110, indicating listing gains of 0%.
| Date | GMP | Expected Listing Price | Last Updated |
| 12-06-2025 | Rs 0 | Rs 110 | 11:30 PM |
| 11-06-2025 | Rs 7 | Rs 117 | 11:26 AM |
| 10-06-2025 | Rs 0 | Rs 110 | 4:05 PM |
| 09-06-2025 | Rs 0 | Rs 110 | 12:35 PM |
| 08-06-2025 | Rs 0 | Rs 110 | 11:30 PM |
| 07-06-2025 | Rs 0 | Rs 110 | 11:30 PM |
| 06-06-2025 | Rs 0 | Rs 110 | 11:00 PM |
| 05-06-2025 | Rs 0 | Rs 110 | 11:30 PM |
| 04-06-2025 | Rs 0 | Rs 110 | 11:30 PM |
Everything You Need to Know About the Jainik Power IPO
| Face Value | Rs 10 per Share |
| Lot Size | 1,200 Shares |
| Issue Price Band | Rs 100 to Rs 110 per Share |
| Listing At | NSE SME |
| Total Issue Size | 46,63,200 Shares (aggregating up to Rs 51.30 Cr) |
| Fresh Issue | 46,63,200 Shares (aggregating up to Rs 51.30 Cr) |
| DRHP | Click Here |
| RHP | Click Here |
Jainik Power and Cables IPO Timeline
| Opening – Closing Dates | 10th June – 12th June |
| Cut-off Time for UPI Mandate Approval | 5 PM on 12th June |
| IPO Allotment | 13th June |
| Amount Refund | 16th June |
| Credit of Shares | 16th June |
| Listing Date | 17th June |
Lot Size Details for Jainik Power and Cables IPO
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1,200 | Rs 1,32,000 |
| Retail (Max) | 1 | 1,200 | Rs 1,32,000 |
| HNI (Min) | 2 | 2,400 | Rs 2,64,000 |
Jainik Power and Cables Company Details
Jainik Power and Cables Limited, incorporated in May 2011, has over 10 years of experience in the metal industry. It started manufacturing aluminum wire rods in 2023, after previously trading in aluminum rods.
The company follows strict Environmental, Health, and Safety (EHS) standards and holds ISO certifications. Its quality team uses spectrometers to check the purity of products and detect any hidden impurities.
Its manufacturing plant is located in Sonipat, Haryana, and is certified with ISO 9001:2015 and ISO 45001:2018 (from Innovative Systemcert Pvt. Ltd.) and ISO 14001:2015 (from United Accreditation Foundation).
Jainik Power and Cables sells its products across Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand. As of 5th May, 2025, it has 71 employees.
Jainik Power and Cables Company Finances
| Period Ended | 31st Mar, 2025 | 31st Mar, 2024 |
| Assets (in Rs Cr.) | 71.19 | 35.50 |
| Revenue (in Rs Cr.) | 352.38 | 339.23 |
| Profit After Tax (in Rs Cr.) | 9.24 | 5.02 |
Financial Performance:
Revenue: The company generated Rs 352.38 crore in revenue during the period ended on 31st March, 2025.
Financial Position:
Assets: The company’s total assets amounted to Rs 71.19 crore as of March 2025.
Profit After Tax (PAT): The company generated PAT of Rs 9.24 crore as of March 2025.
Jainik Power and Cables IPO FAQs
- What is the price band set for the Jainik Power and Cables IPO?
The issue price band for the Jainik Power and Cables IPO is Rs 100 to Rs 110 per share.
- What is the total issue size of the Jainik Power and Cables IPO offering?
The total issue size of the IPO is Rs 51.30 crore.
- What is the lot size for the Jainik Power and Cables IPO?
Each lot consists of 1,200 shares, with a minimum investment of Rs 1,32,000.
- What are the allotment and listing dates for the Jainik Power and Cables IPO?
The allotment is set for 13th June, and the listing is scheduled for 17th June.
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