Jainik Power and Cables IPO is to open on June 10. Jainik Power and Cables is a SME IPO to raise ₹51.30 crores via IPO. The Jainik Power and Cables IPO price band is fixed at ₹100 to ₹110 with a market lot of 1200 Shares.
Aluminum is the second most widely used metal in the world after steel, with a yearly usage of 88 million tonnes (including recycled material). Since 2023, Jainik Enterprises has been manufacturing aluminium wire roads with quality practices and compliant with the Environmental, Health, and Safety (EHS) standards in the manufacturing industry. They were also engaged in worked in the metal industry.
Moreover, this firm supplies its products to various states such as Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand. Their sales and marketing operations are managed from their registered office in Delhi and their factory premises. Currently, they manufacture 9.5 mm aluminum wire rods to serve their customer base.
Jainik Power and Cables IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | GMP Trend | Kostak | Subject to |
| 17 June | ₹- | – | ₹- | ₹- |
| 16 June | ₹- | – | ₹- | ₹- |
| 14 June | ₹- | – | ₹- | ₹- |
| 13 June | ₹7 |  | ₹- | ₹6400 |
| 12 June | ₹7 | | ₹- | ₹6400 |
| 11 June | ₹7 | | ₹- | ₹6400 |
| 10 June | ₹- | – | ₹- | ₹- |
| 9 June | ₹- | – | ₹- | ₹- |
| 7 June | ₹- | – | ₹- | ₹- |
| 6 June | ₹- | – | ₹- | ₹- |
| 5 June | ₹- | – | ₹- | ₹- |
| 4 June | ₹- | – | ₹- | ₹- |
| 3 June | ₹- | – | ₹- | ₹- |
Jainik Power and Cables IPO Details
| IPO Open Date: | June 10, 2025 |
| IPO Close Date: | June 12, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹100 to ₹110 Per Share |
| Issue Size: | Approx ₹51.30 Crores |
| Fresh Issue: | Approx ₹51.30 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 44.97% |
| QIB Quota: | Not more than 10.05% |
| NII Quota: | Not more than 44.97% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Jainik Power and Cables IPO Dates
| IPO Open Date: | June 10, 2025 |
| IPO Close Date: | June 12, 2025 |
| Basis of Allotment: | June 13, 2025 |
| Refunds: | June 16, 2025 |
| Credit to Demat Account: | June 16, 2025 |
| IPO Listing Date: | June 17, 2025 |
Jainik Power and Cables IPO GMP aka Grey Market Premium FAQs:
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Disclaimer:
- IPO Grey Market Premium (Jainik Power and Cables IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing the premium Price as it June change anytime before listing. Subscribe only considering the fundamentals of the companies.
