Jainik Power Cables Limited IPO GMP

Jainik is engaged in manufacturing aluminum wire rods from the year 2023, and it’s been more than a decade since the company has worked in the metal industry, before the manufacturing the company deals in the trading of aluminum rods. The Company is a manufacturer and supplier of aluminum wire rods with quality practices and compliant with the Environmental, Health, and Safety (EHS) in the manufacturing industry as certified with the ISO Certificates held by the Company.

Jainik Power Cables, an Book Built Issue Issue amounting to ₹ 51.30 Crores, consisting entirely an Fresh Issue of 46.63 Lakh Shares. The subscription period for the Jainik Power Cables IPO opens on June 10, 2025, and closes on June 12, 2025. The allotment is expected to be finalized on or about Friday, June 13, 2025, and the shares will be listed on the NSE SME with a tentative listing date set on or about Tuesday, June 17, 2025.

The Share Price Band of Jainik Power Cables IPO is set at ₹ 100 to ₹ 110 per equity share. The Market Capitalisation of the Jainik Power Cables Limited at IPO price of ₹ 110 per equity share will be ₹ 157.82 Crores. The lot size of the IPO is 1,200 shares. Retail investors are required to invest a minimum of ₹ 1,32,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,400 shares), amounting to ₹ 2,64,000.

FAST TRACK FINSEC PRIVATE LIMITED is the book running lead manager of the Jainik Power Cables IPO, while SKYLINE FINANCIAL SERVICES PRIVATE LIMITED is the registrar for the issue. Rikhav Securities Limited is the Market Maker for Jainik Power Cables IPO.

Jainik Power Cables Limited IPO GMP Today
The Grey Market Premium of Jainik Power Cables Limited IPO is expected to be ₹ 0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only

Jainik Power Cables Limited IPO Live Subscription Status Today: Real-Time Update
As of 10:30 AM on 12 June, 2025, the Jainik Power Cables Limited IPO live subscription status shows that the IPO subscribed 1.29 times on Final Day of subscription period. Check the Jainik Power Cables IPO Live Subscription Status Today at NSE.

Jainik Power Cables Limited Day Wise IPO GMP Trend

Jainik Power Cables Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Jainik Power Cables IPO allotment date is 13 June, 2025, Friday. Jainik Power Cables IPO Allotment will be out on 13th June, 2025 and will be live on Registrar Website from the allotment date. Check Jainik Power Cables IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Jainik Power Cables Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Jainik Power Cables Limited IPO
Jainik Power Cables proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 2,350.00 Lakh is required to meet the Working Capital requirements of the Company;
2. ₹ 1,099.00 Lakh is required to to fund and set up a plant.
3. ₹ 500.00 Lakh is required to to Repayment of portion of loan availed by the Company
4. To meet the General Corporate Purposes; and
5. To meet the Issue Expenses.

Refer to Jainik Power Cables Limited RHP for more details about the Company.