The Jainik Power and Cables IPO Allotment Status is available now. The IPO subscription had started on June 10, 2025, and ended on June 12, 2025, Thursday. The allotment was released on June 13, 2025, Friday, after the basis of allotment was finalized.
The investors who applied for the IPO will be able to check the Jainik Power and Cables IPO Allotment Status on the Skyline Financial Services Private Ltd website or the NSE website. The IPO GMP went around ₹7 level after the subscription ended.
The IPO of Jainik Power and Cables was subscribed 1.54 times overall by the end of Day 3 on June 12, 2025, at 6:20 PM. In the retail category, the issue was subscribed 2.08 times, showing strong interest from retail investors. Qualified Institutional Buyers (QIB) subscribed 1.01 times, while Non-Institutional Investors (NII) subscribed 1.13 times.
In terms of shares, retail investors bid for 41.34 lakh shares against 19.92 lakh shares offered, while NIIs bid for 22.60 lakh shares against the same 19.92 lakh shares offered. QIBs bid for 4.47 lakh shares compared to 4.45 lakh shares offered. The Market Maker category was fully subscribed with 2.34 lakh shares.
The total number of shares bid across all categories was 68.42 lakh against 44.29 lakh shares offered. The total amount collected stood at around ₹75.27 crore from 3,676 applications. This response shows a good level of interest, especially from retail investors.
Overview of Contents
Jainik Power and Cables IPO Dates
| Event | Date (Day) |
|---|---|
| IPO Open Date | June 10, 2025 (Tuesday) |
| IPO Close Date | June 12, 2025 (Thursday) |
| Basis of Allotment | June 13, 2025 (Friday) |
| Refunds | June 16, 2025 (Monday) |
| Credit to Demat Account | June 16, 2025 (Monday) |
| IPO Listing Date | June 17, 2025 (Tuesday) |
How to Check Jainik Power and Cables IPO Allotment Status?
Investors who applied for Jainik Power and Cables IPO can check their allotment status through 4 different methods: Skylinerta, NSE website, Demat Account, and Bank Account. Follow the steps below to check your IPO allotment status.
| Skyline: | Skyline IPO Allotment Page |
| NSE: | NSE IPO Allotment Page |
| Equity market Insights | IPO Allotment Status Page |
Step 1: How to Check Jainik Power and Cables IPO Allotment Status on Skylinerta?
- Visit the Skylinerta IPO allotment page.
- Select ‘Jainik Power and Cables IPO’ from the drop-down menu.
- Choose your search criteria: Application Number, PAN, or DP ID.
- Enter the required details and the captcha code.
- Click ‘Search’ to view your allotment status
Step 2: How to Check Jainik Power and Cables IPO Allotment Status on NSE?
- Visit the NSE IPO allotment page.
- Select ‘Jainik Power and Cables IPO’ from the list of IPOs.
- Choose your search criteria: Application Number, PAN, or DP ID.
- Enter the required details and captcha code.
- Click ‘Search’ to display your allotment status.
Step 3: How to Check Jainik Power and Cables IPO Allotment in Your Demat Account?
- Log in to your Demat or trading account.
- Navigate to the holdings or portfolio section.
- Check if ‘Jainik Power and Cables IPO’ shares are credited to your account.
- If allotted, the shares will be visible in your holdings.
Step 4: How to Check Jainik Power and Cables IPO Allotment in Your Bank Account?
- Log in to the bank account used for the IPO application.
- Review your account statement or transaction history.
- If shares are allotted, the IPO amount will be debited from your account.
- If not allotted, the blocked amount will be released, and you may receive an SMS or email notification regarding the refund.
About Company
Aluminum is the second most used metal in the world after steel, with about 88 million tonnes used every year (including recycled materials). Since 2023, Jainik Enterprises has been making aluminium wire rods with good quality standards and by following Environmental, Health, and Safety (EHS) practices in the manufacturing sector. Before this, they were also active in the metal industry.
The company supplies its products to many states like Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand. Their sales and marketing work is handled from their registered office in Delhi and their factory premises. At present, they make 9.5 mm aluminium wire rods to serve their customers.
The promoters and managing director of Jainik Power and Cables Limited are highly experienced, with about 32 years of experience in the metal industry. The company was started in May 2011 and has been making aluminium wire rods since 2023. Before that, they were involved in trading aluminium rods and have more than a decade of experience in this industry.
Jainik Power and Cables FAQs
When is the Jainik Power and Cables IPO Allotment Date?
The Jainik Power and Cables IPO allotment is expected to be available on June 13, 2025 (Friday).
What is the Jainik Power and Cables IPO Refund Date?
👉 Refunds for non-allotted applications will be initiated on June 16, 2025 (Monday).
How can I check the Sacheerome IPO Allotment Status?
👉 You can check the allotment status using:
- Your PAN number
- Your application number
- The amount deducted in your bank account.