Jainik Power and Cables IPO allotment to be out soon: Here are steps to check status online and GMP

Jainik Power and Cables IPO allotment status: The allotment for Jainik Power and Cables' public offer, which was closed for subscription on June 12, 2025, is to be out soon. Meanwhile, the proposed listing date for Jainik Power and Cables' initial public offering (IPO) on the NSE SME is set for Tuesday, June 17, 2025. 

Jainik Power and Cables IPO's book-running lead manager is Fast Track Finsec Pvt Ltd while the issue's registrar is Skyline Financial Services Private Ltd. Rikhav Securities Limited is the market maker for the IPO of Jainik Power and Cables.

Since Jainik Power and Cables shares are to be listed on the NSE and the issue's registrar is Skyline Financial Services Private Ltd, investors can check allotment status on the Skyline Financial Services website or the NSE website.

Here are the steps to check the status online and GMP as the focus shifts to listing.

Steps to check Jainik Power and Cables IPO allotment status online on registrar's website

Step 1: Go to the website of Registrar Kfin Technologies Limited to check Jainik Power and Cables allotment status by clicking the link: https://www.skylinerta.com/ipo.php

Step 2: Select Jainik Power and Cables Limited from the ‘Select IPO’ dropdown menu.

Step 3: Select any of the following: Demat number, application number or PAN number

Step 4: Enter the details from the option selected

Step 5: Click on the search button

Steps to check status for Jainik Power and Cables IPO allotment on the NSE website

Step 1: Head to the NSE website: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Step 2: Choose the option "Details of the Equity & SME IPO Bid."

Step 3: Under the selection symbol option, select "JAINIK" from the dropdown

Step 4: Thereafter, enter your details as application number and PAN information.

Step 5: Press “Submit.”

Jainik Power and Cables IPO GMP

Jainik Power and Cables IPO GMP (grey market premium) stands nil. This means that the Jainik Power and Cables shares are not commanding any premium over the issue price of ₹110 in the grey market. The same also means that the market participants are not expecting any listing gains, and the listing of Jainik Power and Cables shares is expected to be close to the upper band of the offer price of ₹110 a piece, as suggested by investorgain.com data.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.