Jainik Power Cables Limited IPO
Jainik Power Cables Limited was a SME IPO in the Aluminium sector, offered at ₹100–₹110 per share to raise ₹51 crore. It listed on 17 Jun 2025 at ₹82 and closed its first day at ₹83, a listing loss of -24.7% versus the ₹110 issue price. It now trades around ₹176 (+59.8% versus the issue price).
Frequently asked questions
- What were the Jainik Power Cables Limited IPO listing gains?
- Jainik Power Cables Limited listed on 17 Jun 2025 at ₹82, closing its first day at ₹83 — a listing loss of -24.7% versus the ₹110 issue price.
- What was the price band and lot size of the Jainik Power Cables Limited IPO?
- The price band was ₹100–₹110 per share, with a minimum lot of 1,200 shares (₹1,32,000 at the upper band).
- Who were the registrar and lead manager for the Jainik Power Cables Limited IPO?
- SKYLINE FINANCIAL SERVICES PRIVATE LIMITED was the registrar, and Fast Track Finsec was the book-running lead manager.