Jainik Power and Cables IPO: Date, Review, Price, and Allotment Details
What You Need to Know About the Jainik Power and Cables IPO
Are you thinking about investing in the Jainik Power and Cables IPO? IPOs, or Initial Public Offerings, can be exciting opportunities to get in on the ground floor of a growing company. But before you jump in, it’s crucial to understand all the details. Let’s break down what you need to know about Jainik Power and Cables’ upcoming IPO.
Why IPOs Matter: A Quick Primer
Think of an IPO like this: a company, Jainik Power and Cables in this case, is like a private house party. They’ve been inviting only a select group of friends (private investors). Now, they’re throwing open the doors to the public, inviting everyone to join the fun and potentially share in their success. This is what going public means.
Jainik Power and Cables IPO: Key Dates and Details
So, what are the key dates and details you should be aware of? Let’s dive right in.
IPO Opening and Closing Dates
The Jainik Power and Cables IPO is set to open on June 10, 2025, and will close on June 12, 2025. Make sure to mark these dates in your calendar if you’re planning to apply!
Type of Issue: Book Built Issue Explained
This IPO is a Book Built Issue. What does that mean for you? It’s a process where the price isn’t fixed beforehand. Instead, investors like you bid within a price range, and the final price is determined based on the demand.
Fundraising Goal: How Much is Jainik Power and Cables Raising?
The company aims to raise around ₹51.30 crores through this IPO. This comprises a fresh issue of ₹51.30 crores. The funds raised can be used for various purposes, such as expanding operations, paying off debt, or investing in new technologies.
Price Band and Lot Size: What Will It Cost You?
Understanding the price band and lot size is crucial before you decide to invest.
IPO Price Band
The price band for the Jainik Power and Cables IPO is set between ₹100 to ₹110 per share. This is the range within which you can bid for the shares.
Minimum Lot Size
To apply for the IPO, you’ll need to purchase a minimum lot size. The exact lot size will be declared in the IPO prospectus. Make sure you have the required amount in your Demat account before applying.
Allocation Quota: Who Gets What?
The IPO has reserved quotas for different categories of investors. Understanding these quotas can give you an idea of your chances of getting the allotment.
Retail Investors Quota
A significant portion, 44.97%, is reserved for retail investors like you and me. This shows that the company values participation from individual investors.
Qualified Institutional Buyers (QIB) Quota
Only 10.05% is reserved for Qualified Institutional Buyers (QIBs). These are typically institutions like mutual funds and insurance companies.
High Net Worth Individuals (HNI) Quota
The remaining 44.97% is reserved for High Net Worth Individuals (HNIs). These are individuals with substantial investment portfolios.
Listing and Allotment: What Happens After You Apply?
After the IPO closes, there are two key dates to watch out for: the allotment date and the listing date.
Allotment Date
The allotment of Jainik Power and Cables IPO shares is expected to be on June 13, 2025. This is when you’ll find out whether you’ve been allocated shares.
Listing Date
Jainik Power and Cables IPO is expected to list on the NSE (National Stock Exchange) in 2025. This is when the shares will become available for trading in the secondary market.
Financial Performance: A Look at the Numbers
Before investing, it’s essential to analyze the company’s financial performance. Let’s take a closer look at Jainik Power and Cables’ recent financials.
Revenue Growth
The company reported revenue of ₹352.38 crores in 2025, compared to ₹339.23 crore in 2024. This shows a positive trend in revenue growth.
Profitability
In 2025, the company reported a profit of ₹9.24 crores, up from ₹5.02 crores in 2024. This significant increase in profit indicates improved efficiency and financial health.
Expert Opinion: Should You Invest?
Based on the financials, the IPO appears promising for long-term investors. However, remember that every investment carries risk.
Long-Term Potential
Given the company’s revenue and profit growth, experts suggest that the IPO could be a good bet for investors with a long-term horizon. Are you prepared to hold onto the shares for several years to see potentially significant returns?
Risks and Considerations
No investment is without risk. Here are a few things to keep in mind:
Market Volatility
The stock market can be unpredictable. Economic downturns or negative news can impact the share price.
Company-Specific Risks
There could be risks specific to Jainik Power and Cables, such as increased competition or changes in industry regulations.
How to Apply for the Jainik Power and Cables IPO
If you’ve decided to apply, here’s how you can do it:
Through Your Broker
Most brokers offer an online platform to apply for IPOs. Simply log in to your trading account, find the IPO section, and follow the instructions.
Through UPI
UPI (Unified Payments Interface) has made applying for IPOs easier than ever. You can link your bank account to your Demat account and use UPI to make the payment.
Conclusion: Is the Jainik Power and Cables IPO Right for You?
The Jainik Power and Cables IPO presents an interesting opportunity for investors. With solid revenue and profit growth, the company seems to be on a positive trajectory. However, it’s crucial to consider your own investment goals and risk tolerance before making a decision. Do your homework, read the prospectus carefully, and happy investing!
FAQs About the Jainik Power and Cables IPO
Here are some frequently asked questions to help you make an informed decision:
1. What does “Book Built Issue” mean?
A Book Built Issue is a process where the price of the IPO isn’t fixed beforehand. Instead, investors bid within a price range, and the final price is determined based on the demand received.
2. How can I check the allotment status of the IPO?
You can check the allotment status on the website of the registrar to the IPO. They will provide a link where you can enter your PAN, application number, or DPID/Client ID to check your status.
3. What happens if I don’t get the allotment?
If you don’t get the allotment, the funds blocked in your account for the IPO application will be released back to your account.
4. Is it necessary to have a Demat account to apply for the IPO?
Yes, you need to have a Demat account to apply for an IPO. The shares, if allotted, will be credited to your Demat account.
5. What are the long-term prospects for Jainik Power and Cables?
Based on the company’s financial performance and growth in revenue and profit, the long-term prospects appear positive. However, like any investment, there are risks involved, and it’s important to stay informed about the company and the market.
