New Delhi, June 17 -- Jainik Power Cables IPO listing: Shares of Jainik Power Cables IPO made a weak debut on the bourses on Tuesday, June 17, listing at Rs.82 on NSE SME, a discount of 25.45 percent from its issue price of Rs.110.

The SME IPO, valued at Rs.51.20 crore, was open for subscription from June 10 to June 12.

Jainik Power's IPO ended on a muted note, with the issue subscribed 1.54 times over the three-day bidding window. Investors placed bids for 68.42 lakh as against just 44.29 lakh shares on offer. The retail investor segment saw 2.08 times subscription, while the non-institutional investor (NII) category witnessed 1.13 times subscription. The portion reserved for qualified institutional buyers (QIBs) was also subscribed 1....