Jainik Power and Cables IPO: Date, Review, Price, and Allotment Details
What You Need to Know About the Jainik Power and Cables IPO
Thinking about investing in the stock market? Initial Public Offerings, or IPOs, can be exciting opportunities. But, like navigating a maze, understanding the details is crucial. Let’s dive into the Jainik Power and Cables IPO. Are you ready to explore the details? This guide will walk you through everything you need to know, from the IPO dates to the financial performance of the company.
Jainik Power and Cables IPO: Key Dates and Details
Alright, let’s get straight to the important stuff. When can you actually invest in this IPO?
IPO Opening and Closing Dates
The Jainik Power and Cables IPO is scheduled to open on June 10, 2025, and will close on June 12, 2025. Mark your calendars! Missing these dates means missing the opportunity to get in on the ground floor.
What Type of Issue is It?
This IPO is a Book Built Issue. What does that mean? Simply put, the price isn’t fixed in advance. Instead, investors bid for shares within a specified price band. This helps the company discover the optimal price for their shares.
How Much Money is the Company Raising?
Jainik Power and Cables aims to raise approximately ₹51.30 crores through this IPO. Imagine it like a fundraising campaign, but instead of donations, you’re buying ownership in the company!
Fresh Issue Details
The entire ₹51.30 crores is a fresh issue. This means the company is issuing new shares to raise capital. No existing shareholders are selling their shares in this IPO.
Face Value of Shares
Each share has a face value of ₹10. This is the nominal value of the share as stated in the company’s books. Think of it as the share’s birth certificate value – it doesn’t necessarily reflect the market price.
Price Band and Investment Quotas
Now, let’s talk about how much these shares will cost you and who gets priority.
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 place your bids. Will you bid at the lower end or the higher end? That’s the question!
Retail Investor Quota
A significant portion, 44.97%, is reserved for retail investors like you and me. This ensures that ordinary investors have a fair chance to participate in the IPO. Feels good to know, right?
Qualified Institutional Buyers (QIB) Quota
10.05% of the IPO is reserved for Qualified Institutional Buyers (QIBs). These are typically large financial institutions like mutual funds and insurance companies.
High Net Worth Individuals (HNI) Quota
Another 44.97% is allocated to High Net Worth Individuals (HNIs). These are wealthy individuals who invest in larger quantities. It’s like the VIP section of the IPO!
Listing and Allotment Details
So, when will you know if you got the shares, and when can you start trading them?
IPO Listing
The Jainik Power and Cables IPO is expected to list on the NSE (National Stock Exchange) in 2025. Listing means the shares will be available for trading on the exchange.
Allotment Date
The allotment date, when you’ll find out if you’ve been allocated shares, is scheduled for June 13, 2025. Fingers crossed!
Financial Performance: Is Jainik Power and Cables a Good Investment?
Let’s crunch some numbers. Looking at the company’s financial performance can give you a clue about its potential.
Revenue Growth
In 2025, the company reported revenue of ₹352.38 crores, compared to ₹339.23 crores in 2024. That’s growth! Revenue is like the fuel that drives the company.
Profit Growth
The company reported a profit of ₹9.24 crores in 2025, against a profit of ₹5.02 crores in 2024. This is a substantial increase in profitability. A company’s profit is like its heartbeat – a healthy profit means a healthy company.
Investment Recommendation
Based on the financials, the IPO investors should consider applying for the IPO with a long-term perspective. Think of it like planting a tree – it takes time to grow and bear fruit. Will this IPO yield fruitful returns in the long run?
Final Thoughts on the Jainik Power and Cables IPO
So, there you have it – a comprehensive look at the Jainik Power and Cables IPO. From the opening and closing dates to the financial performance, you’re now armed with the information you need to make an informed decision. Remember, investing in IPOs carries risk, so do your homework and consider your own investment goals. Happy investing!
Frequently Asked Questions (FAQs)
- What does “Book Built Issue” mean in the context of an IPO?
A Book Built Issue means that the price of the shares isn’t fixed beforehand. Instead, investors bid within a price band, allowing the company to determine the final issue price based on demand.
- What is the significance of the retail quota in an IPO?
The retail quota is the percentage of shares reserved for individual investors. It ensures that ordinary investors have a fair opportunity to participate in the IPO, rather than being overshadowed by institutional investors.
- How can I check the allotment status of the Jainik Power and Cables IPO?
After the allotment date (June 13, 2025), you can check the allotment status on the website of the IPO registrar or on the NSE website using your PAN and application number.
- What factors should I consider before investing in the Jainik Power and Cables IPO?
Consider the company’s financial performance (revenue and profit growth), the IPO price band, market conditions, and your own investment goals and risk tolerance. It’s always wise to consult with a financial advisor.
- What happens if the Jainik Power and Cables IPO is oversubscribed?
If the IPO is oversubscribed, meaning there are more applications than available shares, allotment is usually done through a lottery system or on a proportionate basis, ensuring fair distribution among investors.
