Jainik Power and Cables IPO
- IPO Date10 Jun, 2025 to 12 Jun, 2025
- Listing Date17 Jun, 2025
- Face Value₹10 per share
- Issue Price₹100 to ₹110 per share
- Lot Size1200 Shares
- Minimum Investment₹1,32,000
- Listing AtNSE SME
- Total Issue Size46,63,200 Shares
(aggregating up to ₹51.30 Cr) - Fresh Issue46,63,200 Shares
(aggregating up to ₹51.30 Cr)
- Offer for Sale-
- Issue TypeBookbuilding IPO
- Share holding pre issue96,84,500
- Shareholding post issue1,43,47,700
IPO Dates
Closing Date
12 Jun, 2025
Initiation of Refunds
16 Jun, 2025
Listing Date
17 Jun, 2025
10 Jun, 2025
Opening Date
13 Jun, 2025
Basis of Allotment
16 Jun, 2025
Credit of Shares
Jainik Power and Cables Lot Size
Investors can bid for a minimum of 1,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| HNI (Min) | 2 | 2400 | ₹2,64,000 |
| Retail (Min) | 1 | 1200 | ₹1,32,000 |
| Retail (Max) | 1 | 1200 | ₹1,32,000 |
Jainik Power and Cables Promoter Holding
The promoters of the company are Mr. Shashank Jain, Mr. Prateek Jain and Mrs. Anju Jain and Mr. Subhash Chand Jain.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 99.79% | - |
Jainik Power and Cables COMPANY INFORMATION
Jainik Power and Cables IPO is a bookbuilding of ₹51.30 crores. The issue is entirely a fresh issue of 46.63 lakh shares. Jainik Power and Cables IPO opens for subscription on June 10, 2025 and closes on June 12, 2025. The allotment for the Jainik Power and Cables IPO is expected to be finalized on Friday, June 13, 2025. Jainik Power and Cables IPO will be list on NSE SME with a tentative listing date fixed as Tuesday, June 17, 2025. Jainik Power and Cables IPO price band is set at ₹100 to ₹110 per share. The minimum lot size for an application is 1200. The minimum amount of investment required by retail investors is ₹1,20,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,32,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹2,64,000. Fast Track Finsec Pvt Ltd is the book-running lead manager of the Jainik Power and Cables IPO, while Skyline Financial Services Private Ltd is the registrar for the issue.The market maker for Jainik Power and Cables IPO is Rikhav Securities Limited. Refer to Jainik Power and Cables IPO RHP for detailed information.
Incorporated in May 2011, Jainik Power and Cables Limited has been manufacturing aluminum wire rods since 2023 and has over a decade of experience in the metal industry, previously trading in aluminum rods.
The company manufactures and supplies aluminum wire rods, adhering to Environmental, Health, and Safety (EHS) standards, as certified by ISO certifications. Its Quality Assurance Department conducts purity tests using spectrometers to detect hidden impurities.
The company's manufacturing facility in Sonipat, Haryana, is certified with ISO ISO 9001:2015 and ISO 45001:2018 from Innovative Systemcert Pvt. Ltd. (Accredited by EGAC, International Accreditation Forum) and ISO 14001:2015 from United Accreditation Foundation, ensuring quality, environmental, and safety practices.
The company sells its products in the states of Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand.
As of May 05, 2025, the company has 71 employees.
FAQs About Jainik Power And Cables Ipo
Jainik Power and Cables IPO will open on 10 Jun, 2025 and close on 12 Jun, 2025. Investors must apply within this period to participate.
The Jainik Power and Cables IPO price band is set between ₹100.00 and ₹110.00 per share. The minimum lot size is 1200, requiring an investment of at least ₹132000.00.
The Jainik Power and Cables IPO shares are expected to be listed on 17 Jun, 2025, subject to regulatory approvals and final allotment.
You can track your Jainik Power and Cables IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Jainik Power and Cables IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.