Jainik Power & Cables IPO GMP: Day 1 IPO Live Updates

Posted by : sachet | Tue Jun 10 2025

Jainik Power & Cables IPO GMP is ₹0 as of 10th June 2025. The 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. The price band for the Jainik Power & Cables IPO GMP is set between ₹100 and ₹110 per share. Retail investors can bid for a minimum lot of 1,200 shares worth ₹1,32,000.

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Jainik Power & Cables IPO GMP Grey Market Premium

As of 10th June 2025, Jainik Power & Cables IPO GMP stands at ₹0 per share. Thus, the estimated listing price would be ₹110 (110+0). This indicates that the estimated listing gain in this IPO could be 0.00%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table below for recent Jainik Power & Cables IPO GMP updates.

GMP Date	IPO Price	GMP	Estimated Listing Price	Estimated Listing Gains
10-06-2025	₹110	₹0	₹110	0.00%
09-06-2025	₹110	₹0	₹110	0.00%
08-06-2025	₹110	₹0	₹110	0.00%
07-06-2025	₹110	₹0	₹110	0.00%

Jainik Power & Cables IPO Details

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

Explanation

Jainik Power & Cables IPO: Jainik Power & Cables Limited has declared a price band of ₹100 to ₹110 per share. With this IPO, the company allows retail investors to bid for at least one lot of 1,200 shares worth ₹1,32,000. The face value of Jainik Power & Cables Ltd.’s share is ₹10 per share. The shares of Jainik Power & Cables Limited will be listed on NSE & SME on its tentative listing day, 17th June 2025. Scroll down to check GMP updates and Jainik Power & Cables IPO reviews.

Objectives of Jainik Power & Cables IPO

Jainik Power & Cables Limited proposed to utilise the proceeds from the bookbuilding issue in the following objectives.

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.

Jainik Power & Cables IPO Registrar

The Jainik Power & Cables IPO is open today, on 10th June 2025, to raise ₹51.30 crore. 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.

Jainik Power & Cables IPO Review

The Jainik Power & Cables IPO has gained neutral ratings from industry experts, brokers, and institutional investors. 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.

Most analysts recommend applying for this IPO to diversify your investment portfolio in the stock market. However, we’re waiting for further ratings to have a better idea and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Jainik Power & Cables IPO or not.

Jainik Power & Cables IPO Technical Analysis

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.

Indicators	Pre-IPO	Post-IPO
PE Ratio	11.53	17.09
EPS	9.54	6.44

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FAQs on Jainik Power & Cables IPO

What is Jainik Power & Cables IPO GMP?

Ans. Currently, on 10th June 2025, Jainik Power & Cables IPO GMP (Grey Market Premium) stands at ₹0 (0.00% up). This indicates that the estimated listing price could be ₹110 per share.

What is the issue price of Jainik Power & Cables IPO?

Ans. The Jainik Power & Cables IPO price band has been set between ₹100 and ₹110 per share. Retail investors can apply for a minimum and maximum of 1 lot consisting of 1,200 shares worth ₹1,32,000. Moreover, NIIs are required to bid for a minimum of 2 lots (2,400 shares) worth ₹2,64,000.

Who is the registrar of 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.

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.