Jainik Power and Cables IPO GMP is garnering investor attention ahead of its launch, indicating the growing demand in the Metal (Aluminium) sector. This IPO is considered to be one of the most awaited public issues in the Metal (Aluminium) sector.
The IPO is set to open on 10 June, 2025 and close on 12 June, 2025. NTPC Green Energy plans to raise around ₹51.30 crore through this public offering. The price band for the IPO is fixed at ₹100 to ₹110 per share, and the expected listing date is 17 June, 2025.
In this article, you’ll get all key details about the IPO, daily GMP updates, subscription status, expert analysis, and whether you should consider applying.
What is Grey Market Premium (GMP)?
Grey market premium (GMP) is the additional unofficial price that investors are willing to pay over the issue price for any IPO, before the IPO gets listed on the stock exchange. It reflects the market sentiment and demand for the IPO.
Example:
Suppose the issue price of a company is ₹100, and the GMP in the grey market is ₹40. This means the stock is expected to list around ₹145. Here, ₹45 is the GMP of the IPO.
Noteworthy:
- GMP is not regulated by SEBI or any stock exchange.
- IPO GMP indicates the profit potential at the time of listing.
- IPO GMP changes daily depending on demand, market mood and subscription levels.
- GMP helps to gauge the enthusiasm and interest of people towards Jainik Power and Cables IPO.
- It should not be the only factor in your investment decision.
Jainik Power and Cables IPO – Basic Details
Jainik Power and Cables is a rising name in the Indian electrical industry, known for its high-quality aluminium wire rods. It is in this industry since 2011.
| Particulars | Details |
|---|---|
| IPO Name | Jainik Power and Cables Limited IPO |
| Parent Company | Independent |
| Sector | Metal Industry |
| IPO Size | ₹51.30 crore |
| Total Share | 46,63,200 Shares |
| Fresh Issue | ₹51.30 crore for 46,63,200 Equity Shares |
| Face Value | ₹10 per share |
| Price Band | ₹100 to ₹110 per share |
| Lot Size | 1200 shares per lot |
| IPO Opening Date | 10 June, 2025 |
| IPO Closing Date | 12 June, 2025 |
| Listing on | NSE SME |
| Listing Date | 17 June, 2025 |
| Share Holding Pre Issue | 96,84,500 Shares |
| Share Holding Post Issue | 1,43,47,700 Shares |
Purpose of the IPO:
- Financing ongoing green energy projects.
- Repayment of borrowings.
- Raising funds for capacity expansion in solar and wind sectors.
Jainik Power and Cables IPO GMP Today
The Grey Market Premium (GMP) of Jainik Power and Cables IPO is one of the most watched indicators before its listing. It gives investors an idea of expected listing price and market sentiment.
Latest GMP (Grey Market Premium):
₹[Update Daily] (as of [Date])
Estimated Listing Price:
₹[IPO Price] + ₹[GMP] = ₹[Estimated Listing Price]
Jainik Power and Cables IPO GMP Trend
| Date | GMP (₹) | GMP Trend | Estimated Listing Price (₹) |
|---|---|---|---|
| 9Jun, 25 | ₹__ | ₹__ | |
| 8Jun, 25 | ₹__ | ₹__ | |
| 7Jun, 25 | ₹__ | ₹__ | |
| 6Jun, 25 | ₹__ | ₹__ | |
| 5Jun, 25 | ₹__ | ₹__ | |
| 4Jun, 25 | ₹__ | ₹__ |
Note: GMP fluctuates daily based on demand and market conditions.
What Does the GMP Indicate?
- A positive GMP suggests strong demand and investor confidence.
- A low or negative GMP indicates weak sentiment or overvaluation.
Jainik Power and Cables IPO Lot Size
| Particulars | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,32,000 |
| Retail (Max) | 1 | 1200 | ₹1,32,000 |
| HNI (Min) | 2 | 2400 | ₹2,64,000 |
Jainik Power and Cables IPO Timeline
Here’s a look at the tentative schedule for the Jainik Power and Cables IPO. These dates will be updated as soon as official announcements are made by Jainik Power and Cables or SEBI.
| Event | Tentative Date |
|---|---|
| IPO Open Date | 10 June, 2025 |
| IPO Close Date | 12 June, 2025 |
| Basis of Allotment | 13 June, 2025 |
| Initiation of Refunds | 16 June, 2025 |
| Demat Account Credit | 16 June, 2025 |
| IPO Listing Date | 17 June, 2025 |
Tip for Investors:
- Keep your PAN details, bank account, and demat account updated to avoid delays in allotment or refund.
- Regularly check the registrar’s website and stock exchange notices for official updates.
Subscription Status & Investor Response
The subscription status of an IPO is a strong indicator of how much interest it has generated among investors. This directly impacts the GMP and potential listing performance.
| Investor Category | Day 1 9Jun25 | Day 2 9Jun25 | Day 3 9Jun25 |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | ___x | ___x | ___x |
| Non-Institutional Investors (NII) | ___x | ___x | ___x |
| Retail Individual Investors (RII) | ___x | ___x | ___x |
| Total Subscription | ___x | ___x | ___x |
Note: These numbers are updated every day during the IPO subscription window.
What High Subscription Means:
- Strong demand across all categories often leads to higher GMP.
- High QIB and NII interest reflects institutional confidence.
- A fully subscribed or oversubscribed IPO may see strong listing gains.
What Low Subscription Might Indicate:
- Weak demand indicates concerns about valuations or market conditions.
- Could result in lower GMP or flat listing.
Jainik Power and Cables IPO Promoter Holding
| Share Holder | % |
|---|---|
| Share Holder Pre Issue | 99.79% |
| Share Holder Post Issue | ___ |
Factors Affecting GMP for Jainik Power and Cables IPO
The Grey Market Premium (GMP) of any IPO—including Jainik Power and Cables—doesn’t move randomly. It reacts to multiple internal and external factors that influence investor sentiment and expected listing price.
Here are some key elements affecting GMP:
1. Market Sentiment
- A bullish stock market lifts overall IPO demand and GMP.
- In a bearish or volatile market, GMP usually drops—even for fundamentally strong companies.
2. Company Fundamentals
- A solid balance sheet, growth in green energy capacity, and future revenue visibility support a positive GMP.
3. Valuation and Price Band
- If the IPO is priced fairly, the GMP increases.
- Overvaluation can result in negative or zero GMP.
4. Subscription Status
- A high subscription, especially by QIBs and NIIs, boosts GMP.
- Low subscription can push GMP downward, regardless of the company’s potential.
5. Recent IPO Performances
- The success of recent IPOs in the same sector may boost investor confidence.
- Poor listings create a sense of caution, which may lower GMP.
6. Sector Outlook – Renewable Energy
- The clean energy sector is seeing rapid growth and policy support.
- Investors are optimistic about the long-term prospects of green power companies.
By tracking these factors, you can better understand why the GMP for Jainik Power and Cables IPO is rising or falling.
Is GMP a Reliable Indicator?
While Grey Market Premium (GMP) is a useful indicator of market sentiment, it’s important to understand its limitations before making investment decisions.
Why Investors Use GMP:
- It gives a quick snapshot of demand before listing.
- Helps retail investors decide whether to apply for listing gains.
- Often aligns with final listing performance—but not always.
Limitations of GMP:
- Unofficial and Unregulated: GMP is not tracked or controlled by SEBI or stock exchanges.
- Volatile: It can change dramatically in a short span, based on rumors or sudden sentiment shifts.
- High GMP ≠ assured gains on listing day.
Should You Invest in IPO Based on GMP?
GMP can give you an indication about the market mood, but relying solely on it may lead to huge losses. Use GMP as just one part of your research. Always combine it with:
- Company fundamentals
- Sector outlook
- Subscription data
- Valuation analysis
FAQs on Jainik Power and Cables IPO GMP
Q1: What is the current GMP of Jainik Power and Cables IPO?
Ans: The current GMP of Jainik Power and Cables is ₹__.
Q2: Is GMP guaranteed profit on IPO listing day?
Ans: No. GMP reflects the expected listing profit, but it is unofficial. The actual listing price of any IPO may differ from the expected price.
Q3: How can I track Jainik Power and Cables IPO GMP?
Ans: GMP can be tracked in the grey market through brokers and unofficial channels IPOGMP.BLOG.
Q4: Can IPO GMP be negative? What does that mean?
Ans: Yes, IPO GMP can be negative. A negative GMP means the stock may list below the IPO price, indicating weak demand or high valuation.
Q5: How does GMP affect retail investors?
Ans: GMP reflects market sentiments and demand which is used by retail investors as a sentiment indicator, but people should avoid taking decisions based on it alone.
Q6: What is the expected listing price of Jainik Power and Cables?
Ans: The expected listing price of Jainik Power and Cables is ₹__ . It will be listed on NSE on 17 june 2025.
Q7: Jainik Power and Cables IPO GMP Today?
Ans: Today’s GMP for Jainik Power and Cables is ₹__.
Q8: What is Jainik Power and Cables IPO Issue Size?
Ans: Jainik Power and Cables IPO issue size is ₹51.30 crores.
Q9: What is Jainik Power and Cables IPO Listing Price Range?
Ans: The listing price range of Jainik Power and Cables IPO is ₹100 to ₹110.
Q10: What is Jainik Power and Cables IPO Lot Size?
Ans: Jainik Power and Cables lot size is 1200 shares per lot. And the price is ₹1,32,000 per lot.
Q11: What is the Jainik Power and Cables IPO Allotment finalization Date?
Ans: Jainik Power and Cables IPO Allotment finalization date is 13 June 2025.
Q12: What is the Jainik Power and Cables IPO Listing Date?
Ans: Jainik Power and Cablesy IPO will be listed on NSE on 17 June 2025.