Jainik Power & Cables IPO GMP & Review: Apply or Avoid?
Posted by : sachet | Mon Jun 09 2025
Jainik Power & Cables IPO is open for bidding on 10th June 2025. It is a bookbuilding IPO of an entirely fresh issue of 46.63 lakh shares worth ₹51.30 crores. The issue will be listed on NSE and SME on its tentative listing date, 17th June 2025.
Jainik Power & Cables IPO Details
Jainik Power & Cables IPO date is fixed between 10th June 2025 and 12th June 2025. The face value of Jainik Power & Cables Limited shares stands at ₹10 per share, and the IPO price band is fixed at ₹100 to ₹110 per share.
Skyline Financial Services Pvt. Ltd. is the registrar of Jainik Power & Cables IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
| IPO Open Date | 10th June 2025 |
| IPO Close Date | 12th June 2025 |
| IPO Allotment Date | 13th June 2025 |
| Refund Initiation | 16th June 2025 |
| Issue Size | 46,63,200 shares |
| Face Value | ₹10 per share |
| Lot Size | 1200 shares |
| Issue Price Band | ₹100 to ₹110 per share |
| Market Makers Portion | 2,34,000 shares |
| Issue Type | Bookbuilt IPO |
| Listing At | NSE SME |
| Listing Date | 17th June 2025 |
Jainik Power & Cables IPO Share Reservation
Jainik Power & Cables IPO is a bookbuilding IPO issue of 46.63 lakh shares worth ₹51.30 crores. Jainik Power & Cables Limited shares will be listed on the NSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
| Investor Categories | Reservation Required |
| QIB Shares Offered | <10.05% of the Net Issue |
| Retail Shares Offered | >44.97% of the Net Issue |
| NII (HNI) Shares Offered | >44.97% of the Net Issue |
| Total Shares Offered | 100.00% |
Jainik Power & Cables IPO GMP Grey Market Premium
GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on Jainik Power & Cables IPO GMP? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
| 09-06-2025 | ₹110 | ₹0 | ₹110 | 0% |
| 08-06-2025 | ₹110 | ₹0 | ₹110 | 0% |
| 07-06-2025 | ₹110 | ₹0 | ₹110 | 0% |
| 06-06-2025 | ₹110 | ₹0 | ₹110 | 0% |
As of 9th June 2025, Jainik Power & Cables IPO GMP stands at ₹0 per share, which means the share will likely show a flat listing at ₹110 (110+0) on its tentative listing date, 17th June 2025.
GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Jainik Power & Cables IPO. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends.
Jainik Power & Cables IPO Review
Check out the detailed Jainik Power & Cables IPO review for a thorough understanding of its potential to report listing gains on 17th June 2025. The Jainik Power & Cables IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business financials before applying for the Jainik Power & Cables IPO.
Jainik Power & Cables Limited’s revenue rose 3.87% from ₹339.23 crores in March 2024 to ₹352.38 crores in March 2025. Moreover, the company’s PAT increased by 84.06% from ₹5.02 crores to ₹9.24 crores.
Jainik Power & Cables Limited has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Jainik Power & Cables IPO for its tentative listing day, which is 17th June 2025.
Technical Analysis
A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of Jainik Power & Cables IPO.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 11.53 |
| EPS (Earnings Per Share) | 9.54 |
| RoNW | 56.92% |
| ROE (Return on Equity) | 56.92% |
| ROCE | 55.92% |
| PAT Margin (Profit After Tax) | 2.63 |
| Market Capitalisation | ₹157.82 cr. |
The PE ratio of Jainik Power & Cables Limited shares is 11.53, and its Earnings Per Share (EPS) stands at 9.54. The Jainik Power & Cables IPO can potentially deliver gains on its tentative listing date, 17th June 2025.
Jainik Power & Cables Limited Peer Comparison
| Company Name | Revenue (in cr.) | PE Ratio | Face Value (in Rs) | EPS | RoNW (in %) |
| Jainik Power & Cables Ltd. | 351.69 cr. | 11.53 | 10 | 9.99 | 56.92% |
| Hind Aluminium Industries Ltd. | 13 cr. | 13.73 | 10 | 3.17 | 2.94% |
| Arfin India Ltd. | 537 cr. | 43.23 | 1 | 0.54 | 7.23% |
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Jainik Power & Cables Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO |
| PE Ratio | 11.53 | 17.09 |
| EPS | 9.54 | 6.44 |
Jainik Power & Cables IPO Subscription Status
Jainik Power & Cables IPO is now open for bidding on 10th June 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Jainik Power & Cables IPO Subscription Status.
| Investor Category | Shares Offered | Shares Subscribed | Subscription in Times |
| Retail Investors | Yet to be announced | Yet to be announced | Yet to be announced |
| QIB | Yet to be announced | Yet to be announced | Yet to be announced |
| NII (sNII+bNII) | Yet to be announced | Yet to be announced | Yet to be announced |
| Market Maker | 2,34,000 | Yet to be announced | Yet to be announced |
| Total | Yet to be announced | Yet to be announced | Yet to be announced |
About Jainik Power & Cables Limited
Jainik Power and Cables Ltd. started in 2011 and has been working and gaining experience in the metal industry for more than 10 years. It has been making aluminum wire rods since 2023. The company’s factory is located in Sonipat, Haryana. It follows strong safety, quality, and environmental rules, with ISO certificates too.
Jainik Power & Cables Limited Financials
The company’s financial analysis is essential before applying for the Jainik Power & Cables IPO. Look at the table to learn about Jainik Power & Cables Limited’s financials.
| Year Ended | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
| Assets | 71.19 | 35.50 | 36.66 |
| Revenue | 352.38 | 339.23 | 67.49 |
| Profit After Tax | 9.24 | 5.02 | 0.15 |
| Debt | 19.36 | 17.13 | 16.83 |
| Net Worth | 24.59 | 7.86 | 2.84 |
Explanation
Jainik Power & Cables Limited’s revenue rose 3.87% from ₹339.23 crores in March 2024 to ₹352.38 crores in March 2025. Moreover, the company’s PAT increased by 84.06% from ₹5.02 crores to ₹9.24 crores.
Jainik Power & Cables IPO Bidding Requirements
Jainik Power & Cables IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO.
| Investor Category | Lots | Shares | Amount (in Rs) |
| Retail (Minimum) | 1 | 1200 shares | ₹1,32,000 |
| Retail (Maximum) | 1 | 1200 shares | ₹1,32,000 |
| HNIs (Minimum) | 2 | 2400 shares | ₹2,64,000 |
Jainik Power & Cables IPO Promoter Holdings
Have a look at the table below to check the holdings of Jainik Power & Cables Limited’s promoters: Mr. Shashank Jain, Mr. Prateek Jain and Mrs. Anju Jain and Mr. Subhash Chand Jain.
| Share Holding Pre-Issue | 99.79% |
| Share Holding Post-Issue | – |
Note: Promoter Holdings’ value is to be calculated using Equity dilution, which represents the gap between shareholdings before and after the Issue.
Aim of Jainik Power & Cables IPO
The primary aim of Jainik Power & Cables IPO is to raise ₹51.30 crores. On the other hand, Jainik Power & Cables Limited has decided to utilise these funds in different practices. Explore some of the secondary objectives for Jainik Power & Cables IPO.
- To fund working capital requirements.
- To meet general corporate purposes.
- To fund and set up a new plant.
- To meet issue expenses.
- Repayment of loan taken by the company.
Should I Invest in the Jainik Power & Cables IPO?
Explore the pros and cons of Jainik Power & Cables IPO to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades.
Pros of Jainik Power & Cables IPO
- Experienced management.
- Strong financials.
Cons of Jainik Power & Cables IPO
- High Competition.
- Aggressively priced.
How to Apply for Jainik Power & Cables IPO?
Check the steps mentioned below to apply for the Jainik Power & Cables IPO.
- Step 1: Conduct thorough research on Jainik Power & Cables IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for one lot of 1200 shares worth ₹1,32,000 of Jainik Power & Cables IPO.
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for Jainik Power & Cables IPO from more than one demat account to increase your allotment chances.
How to Check Jainik Power & Cables IPO Allotment Status?
You can check for Jainik Power & Cables IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.
Check On NSE
- Visit the NSE Official Website.
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose Jainik Power & Cables IPO.
- Choose whether to proceed with the PAN number or application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Jainik Power & Cables IPO allotment status.
Let’s Wrap
Jainik Power & Cables IPO is a bookbuilding issue of 46.63 lakh shares worth ₹51.30 crores. The shares of Jainik Power & Cables Limited will be listed on NSE and SME on its tentative listing date of 17th June 2025. Researching Jainik Power & Cables IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted its pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
FAQs on Jainik Power & Cables IPO
1. How is the Jainik Power & Cables IPO?
Ans. Currently, on 9th June 2025, Jainik Power & Cables IPO GMP (Grey Market Premium) stands at ₹0 (0% up). It indicates that the estimated listing price could be ₹110 per share. It is entirely a fresh issue of 46.63 lakh shares worth ₹51.30 crore. The IPO issue price band is set between ₹100 to ₹110 per share, and the face value of each share is ₹10.
2. What is the Jainik Power & Cables IPO price?
Ans. Jainik Power & Cables IPO price band has been set between ₹100 to ₹110 per share. Retail investors can apply for a minimum and maximum of 1 lot consisting of 1200 shares worth ₹1,32,000. Moreover, HNIs are required to bid for a minimum of 2 lots (2400 shares) worth ₹2,64,000.
3. Is Jainik Power & Cables IPO good?
Ans. During FY24- 25, Jainik Power & Cables Limited’s revenue rose 3.87% from ₹339.23 crores in March 2024 to ₹352.38 crores in March 2025. Moreover, the company’s PAT increased by 84.06% from ₹5.02 crores to ₹9.24 crores. Investors can analyse other relevant factors and make a decision accordingly.
4. Who is the registrar of the Jainik Power & Cables IPO?
Ans. Skyline Financial Services Pvt. Limited is the registrar of Jainik Power & Cables IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding Jainik Power & Cables IPO allotment and refund, you can contact Skyline Financial Services Pvt. Limited at https://www.skylinerta.com/ipo.php or 02228511022.
5. What is the issue size of the Jainik Power & Cables IPO?
Ans. Jainik Power & Cables IPO is a bookbuilding IPO for 46.63 lakh shares worth ₹51.30 crore. Moreover, the IPO is set to open on 10th June 2025 and will be closed on 12th June 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Jainik Power & Cables IPO, download the Jainik Power & Cables IPO RHP and Jainik Power & Cables IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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