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Jainik Power Cables iPO Open: RedIF MONIFF

Jainik per pine Beberion IPO 51.3 opening for subscriptions on June 12th.

New Delhi, Jun 10 (PTI) 51.3 crore Public Public of Jainik Power Cable Rods, open for subscriptions on Tuesday.

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Open A/C With Motilal Oswal

Upto 4X Margin Funding in Equity

Free Account Opening

The initial offering price of the stocks in the level of Rs 100-110 Rs, will remain open until June 12, the company said in a statement.

The company shares will be registered in the NSE, and investors can offer a minimum of 1,200 shares, it added.

IPO is a new issue of 46.63 lakh.

Steps from the IPO will be used for setting up trees, debt repayments, general corporations requirements.

“Our IPO launch is an important point in our business business, and driving our trade value,”

In FY25, the company reported Rs 351.7 crore and profit after tax 9.24 crore.

User managers running Skyline quickly while Skyline financial services are registered for IPO.

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