Jainik Power and Cables IPO
smelistedAbout the company
Incorporated in 2011, Jainik Power and Cables began as a trader of aluminium scrap and ingots through imports. In FY20, the company made a shift and started trading in aluminium wire rods in addition to the supply of raw materials. In FY23, the company started manufacturing aluminium wire rods for different clients. The company has a manufacturing facility in Haryana with an installed capacity of 24,000 tons and a capacity utilisation of 60% as of March 31, 2025. The company plans to increase its production capacity by 20% annually over the next few years through the installation of new machinery.
Strengths
Risks
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed10 Jun 2025Bidding starts for all investor categories
IPO Closes
Completed12 Jun 2025Last day to place your bid
Basis of Allotment
Completed13 Jun 2025Share allotment finalised
Refund Initiation
Completed16 Jun 2025Refunds credited for non-allottees
Credit to Demat
Completed16 Jun 2025Allotted shares credited to demat account
Listing on Exchange
Completed17 Jun 2025Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 1200 | ₹132,000 | 1 | ₹132,000 | 1 lot only |
| HNI | 2 | 2400 | ₹264,000 | 2 | ₹264,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 2,428,572 | 25.5 | 0 | 0.00x | 100% |
| NII | 15% | 728,571 | 7.65 | 0 | 0.00x | 100% |
| Retail | 35% | 1,700,000 | 17.85 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
