Jainik Power Cables IPO 2025: Subscription, listing

What the IPO was and why it mattered

Jainik Power Cables Limited came to the market with a mainboard IPO sized at ₹51.30 crore, made up of a fresh issue of up to 46,63,200 equity shares. The offer ran for three days, opening on 10 June 2025 and closing on 12 June 2025. The price band was set at ₹100 to ₹110 per share. For investors tracking primary-market demand and post-listing performance, the issue offered a clear before-and-after picture because the stock listed at a discount to the issue price.

Issue structure and core terms

The IPO was stated as a fresh issue, with the total issue size disclosed as ₹51.30 crore. The price band was ₹100 to ₹110 per share. Lot-size information appeared in two places in the data: one section mentioned a lot size of 2,400, while the bidding table showed 1 lot as 1,200 shares. Minimum investment figures were shown as ₹1,20,000 for 1,200 shares in one place and ₹1,32,000 for 1 lot (1,200 shares) in another, reflecting the price-band range. The company planned to list the shares on BSE and NSE, with the listing date provided as 17 June 2025.

Key IPO timeline: offer to listing

The disclosed timeline provided clear milestones from application to listing. The offer opened on 10 June 2025 and closed on 12 June 2025. Allotment was scheduled for 13 June 2025. Credit of shares to demat accounts was stated to take place on 16 June 2025, and refunds were also to be initiated on 16 June 2025. The listing date was 17 June 2025, which matched the “Listed Price” section showing listing on 17 Jun’25.

Subscription numbers reported at close

As of 12 June 2025 at 05:00 PM, the subscription breakup showed varying participation across categories. Qualified Institutional Buyers (QIB) were reported at 2.50x. Retail Individual Investors (RII) were at 1.97x, while Non-Institutional Investors (NII) were at 1.23x. These figures indicate the strongest demand came from QIBs in the final reported snapshot.

Allocation mix across investor categories

The allocation table in the provided data listed the category-wise split for the issue. QIBs were allocated 50%, NIIs 15%, and RIIs 35%. This split helps explain why QIB participation is closely watched for overall demand, since it covers half the allocated portion. The data also included a general note that allotment status is typically available within 6 days of the IPO close date and that refunds for unallotted bids are credited within 2 working days post allotment.

Listing outcome: issue price vs listing price

The listing comparison showed a clear discount. The issue price was ₹110.00 and the listing price was ₹82.00, implying a listing change of -₹28.00. The listing gains were shown as -25.45%. This outcome is important for investors who measure IPO risk through the gap between issue price and first traded price.

Price snapshot after listing

A later market snapshot in the provided data showed the “Current Price” as ₹134 as on 16-Apr-2026 at 16:00:00 IST, with dividend yield shown as 0.00%. This data point provides a reference for where the price was at that timestamp, without implying a continuous path between listing and that later level. The figures are presented as-is from the source.

Company identifiers and contact details

The table listing included the symbol, company name, ISIN, and a stage note. Jainik Power Cables Limited was shown with symbol JAINIK and ISIN INE0XIL01012. The “STAGE” field was shown as “In-Principle” with a board resolution date of 25-AUG-2026, alongside references to ZIP and XBRL file sizes. The company address was provided as 39/101A, Community Centre 1st Floor, Wazirpur Industrial Area, Delhi, 110052, India, and also as 39/101A, 1st Floor, Community Centre, Wazirpur Industrial Area, Wazir Pur III, North West Delhi, Delhi - 110052. The phone number listed was 91 99 9926 8508, and the website was jainiklimited.com.

Summary table: key facts from the data

Subscription table at close (12 Jun 2025, 05:00 PM)

Market impact and what investors could infer

The dataset shows two important market signals around the IPO. First, demand at close was highest from QIBs at 2.50x, with retail at 1.97x and NII at 1.23x. Second, the listing price of ₹82 versus the issue price of ₹110 translated into a -25.45% listing change, indicating the stock opened lower than the issue valuation implied. A later snapshot showed a “Current Price” of ₹134 as on 16 April 2026 at 4:00 PM IST, providing a separate reference point for investors comparing primary-market pricing with later traded levels.

Conclusion

Jainik Power Cables Limited’s ₹51.30 crore IPO in June 2025 combined moderate-to-strong subscription numbers with a discounted listing at ₹82 against an issue price of ₹110. The official timeline placed allotment on 13 June 2025, refunds and demat credit on 16 June 2025, and listing on 17 June 2025. Separately, the company appeared in a later table with “In-Principle” status and a board resolution date of 25-AUG-2026, along with referenced ZIP and XBRL file sizes, as provided in the source data.