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.
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 |
For regular stock updates, dividend alerts, and expert verdicts, stay informed with Univest!
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.
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