IPO Schedule
1
Open
10 Jun
2
Close
12 Jun
3
Allotment
-
4
Listing
17 Jun
Jainik Power Cables IPO
Issue:₹110
List:₹82
CMP:₹131
NSELot: 1200SME
LISTEDSME
Issue Price₹110
Listing₹82
Current₹131
Content
About Jainik Power Cables
Jainik Power Cables is an SME engaged in the manufacturing and supply of power cables. Their product portfolio caters to diverse industrial and infrastructure applications, potentially serving both domestic and international markets.
Subscription Status
QIB
0.00x
NII
0.65x
Retail
0.94x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 1.01x | 0.51x | 0.00x |
| NII | 1.13x | 0.96x | 0.65x |
| Retail | 2.08x | 1.55x | 0.94x |
| Total | 1.54x | 1.18x | 0.71x |
Risk Factors
•SME IPOs are generally more volatile and carry higher risk compared to mainboard IPOs due to lower liquidity and limited historical data.
•The power cable industry is competitive and susceptible to fluctuations in raw material prices (e.g., copper, aluminum).
•Dependence on specific industries or clients could pose a risk if those sectors experience a downturn.
•Risk of execution of projects, technology obsolescence, and change in government policies.