JD Cables Limited IPO Details

SME

JD Cables IPO opens for subscription on 18 Sep 2025 and closes on 22 Sep 2025. The IPO will be listed on BSE with the tentative listing date set for 25 Sep 2025.

JD Cables IPO price band has been fixed at ₹144 – ₹152 per share.The face value is ₹10 per share with a lot size of 800.

JD Cables IPO total issue size comprises 63,15,200 shares (aggregating up to ₹95.99 Cr). This includes a fresh issue of 55,53,600 shares (aggregating up to ₹84.41 Cr). Offer for Sale consists of 7,61,600 shares (aggregating up to ₹11.58 Cr). Pre-issue shareholding stands at 1,69,97,512, which will increase to 2,25,51,112 post-issue.

JD Cables IPO carries a ₹21 (13.8%) GMP, reflecting investor sentiment.

JD Cables IPO Lot Size : Individual Minimum is 2 lots (1,600 shares) amounting to ₹243,200. Individual Maximum is 2 lots (1,600 shares) amounting to ₹243,200. SHNI Minimum is 3 lots (2,400 shares) amounting to ₹364,800. SHNI Maximum is 8 lots (6,400 shares) amounting to ₹972,800. BHNI Minimum is 9 lots (7,200 shares) amounting to ₹1,094,400.

The Lead Managers for JD Cables IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is GYR Capital Advisors Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Giriraj Stock Broking. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the JD Cables Limited RHP.

JD Cables IPO Details

Listing Price : ₹160 at a Premium of 5.26%
Open Date
18 Sep 2025
Close Date
22 Sep 2025
Listing Date
25 Sep 2025
Issue Price
₹144 - ₹152
Face Value
₹10 per share
Lot Size
800
GMP
₹21 (13.8%)
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Share holding pre issue
16997512
Share holding post issue
22551112
Total Issue Size
63,15,200 shares (aggregating up to ₹95.99 Cr)
Fresh Issue
55,53,600 shares (aggregating up to ₹84.41 Cr)
Offer for Sale
7,61,600 shares (aggregating up to ₹11.58 Cr)

JD Cables IPO Subscription

JD Cables IPO Application Wise Breakup

JD Cables IPO Dates

  • 18 Sep 2025
    Opening dateOPD
  • 22 Sep 2025
    Closing dateCOD
  • 23 Sep 2025
    Allotment Date BOA
  • 24 Sep 2025
    Initiation of RefundsIOR
  • 24 Sep 2025
    Credit of SharesCOS
  • 25 Sep 2025
    Listing dateLID

JD Cables IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum21600₹243,200
Individual Maximum21600₹243,200
SHNI Minimum32400₹364,800
SHNI Maximum86400₹972,800
BHNI Minimum97200₹1,094,400

JD Cables IPO Reservation

Promoter Holding

Pre Issue:97.35%
Post Issue:70.01%
Promoter Names:
Mr. Piyush Garodia

JD Cables IPO Valuations

ROE:101.65%
ROCE:27.85%
DEBT/EQUITY:2.27
RONW:58.50%
PAT MARGIN:4.54%
PRICE TO BOOK VALUE:32.14
P/E Pre IPO:56.41
P/E Post IPO:18.5

JD Cables Financial Information

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets103.7045.0817.8916.00
Total Income169.32100.8540.8654.64
Profit After Tax13.904.580.320.44
EBITDA21.267.220.811.10
Net Worth21.737.831.180.86
Reserves and Surplus21.687.781.150.83
Total Borrowing46.7417.773.844.71
Amount in ₹ Crore

About JD Cables IPO

Incorporated in 2015, JD Cables Limited is engaged in the manufacturing of high-quality cables and conductors that cater to the power transmission and distribution sector.

The company’s product portfolio includes Power Cables, Control Cables, Aerial Bunched Cables, Single-core Service Wires, and a wide range of conductors such as All Aluminium Conductor (AAC), All Aluminium Alloy Conductor (AAAC), and Aluminium Conductor Steel Reinforced (ACSR). These products are extensively used for efficient and reliable transmission and distribution of electricity.

JD Cables operates through two strategically located manufacturing units:

Unit I: 26/1, F Road, Belgachia, Howrah – 711101

Unit II: Ward No.1, Chakundi, Star Battery Gate, Dankuni, Hooghly

As of May 31, 2025, the company employed 28 permanent staff.

Strength Of JD Cables IPO

1. Experienced Management Team.

2. Long standing relationships with customers.

3. Consistent financial performance.

Risk Of JD Cables IPO

  1. There is no guarantee that the Equity Shares issued pursuant to the Issue will be listed on the SME Platform of BSE Limited in a timely manner, or at all.
  2. Our Company operation and growth is dependent upon successfully implementation our business strategies.
  3. We cannot assure you that our Equity Shares will be listed on the SME Platform of BSE Limited in a timely manner or at all, which may restrict your ability to dispose of the equity shares.
  4. Any future issuance of Equity Shares or convertible securities, including options under any stock option plan or other equity linked securities may dilute your shareholding, and significant sales of Equity Shares by our major shareholders, may adversely affect the trading price of our Equity Shares.
  5. After this Issue, the price of the Equity Shares may be highly volatile, or an active trading market for the Equity Shares may not develop.
  6. The Issue price of our Equity Shares may not be indicative of the market price of our Equity Shares after the Issue and the market price of our Equity Shares may decline below the issue price and you may not be able to Sell your Equity Shares at or above the Issue Price.
  7. QIBs and Non-Institutional Investors are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid and Individual Investors are not permitted to withdraw their Bids after Bid/Offer Closing Date.
  8. Rights of shareholders under Indian laws may be more limited than under the laws of other jurisdictions.
  9. Delay in raising funds from the IPO could adversely impact the implementation schedule.
  10. We propose to utilize the Net Proceeds for purposes identified in the section titled "Objects of the Issue" in this Red Herring Prospectus. Any variation in the utilization of the Net Proceeds as disclosed in this Red Herring Prospectus shall be subject to certain compliance requirements, including prior Shareholders" approval.

Objectives JD Cables IPO

1. Funding working capital requirements of our company;

2. Repayment/prepayment of all or certain of our borrowings availed of by our Company

3. General corporate purposes

Company Contact Details

JD Cables Ltd.
Arch Square X2, 14th Floor, 1401,
Salt Lake Sector V, Near College More,
Sech Bhawan, North 24 Parganas, Salt Lake,
North 24 Parganas district, West Bengal, 700091
Phone: +91 7439864020
Email: compliance@jdcables.in
Website: https://jdcables.in/

Registrar Contact Details

Name: MUFG Intime India Private Limited
Phone: +91-22-4918 6270

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