JD Cables IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Sep 18 to Sep 22 2025
Price Band
₹144 - 152
Current GMP
₹160.0 (+5.26%)
Subscription
127.78 times
IPO Details
| IPO Date | September 18, 2025 to September 22, 2025 |
| Listing Date | September 25, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹144 to ₹152 per share |
| Issue Price Final | ₹152 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 63,15,200 shares (aggregating up to ₹95.99 Cr) |
| Reserved for Market Maker | 3,16,000 shares (aggregating up to ₹4.80 Cr)Giriraj Stock Broking Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 52,37,600 shares (aggregating up to ₹79.61 Cr) |
| Offer for Sale | 7,61,600 shares of ₹10 (aggregating up to ₹11.58 Cr) |
| Net Offered to Public | 59,99,200 shares (aggregating up to ₹91.19 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,69,97,512 shares |
| Share Holding Post Issue | 2,25,51,112 shares |
IPO Date
September 18, 2025 to September 22, 2025
Listing Date
September 25, 2025
Face Value
₹10 per share
Issue Price Band
₹144 to ₹152 per share
Issue Price Final
₹152 per share
Lot Size
800 Shares
Sale Type
Fresh Capital-cum-Offer for Sale
Total Issue Size
63,15,200 shares (aggregating up to ₹95.99 Cr)
Reserved for Market Maker
3,16,000 shares (aggregating up to ₹4.80 Cr)Giriraj Stock Broking Pvt.Ltd.
Fresh Issue (Ex Market Maker)
52,37,600 shares (aggregating up to ₹79.61 Cr)
Offer for Sale
7,61,600 shares of ₹10 (aggregating up to ₹11.58 Cr)
Net Offered to Public
59,99,200 shares (aggregating up to ₹91.19 Cr)
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Share Holding Pre Issue
1,69,97,512 shares
Share Holding Post Issue
2,25,51,112 shares
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| QIB (Ex Anchor) | 125.44 |
| Non-Institutional Buyers*** | 179.28 |
| bNII (bids above ₹10L) | 214.18 |
| sNII (bids below ₹10L) | 109.65 |
| Individual Investors (IND category bidding for 2 Lots) | 106.89 |
| Total ** | 127.78 |
Anchor Investors
1
Market Maker
1
QIB (Ex Anchor)
125.44
Non-Institutional Buyers***
179.28
bNII (bids above ₹10L)
214.18
sNII (bids below ₹10L)
109.65
Individual Investors (IND category bidding for 2 Lots)
106.89
Total **
127.78
Day Wise Sub
| Day | QIB (Ex Anchor) | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| Day 1 Sep 18, 2025 | 7.20 | 1.24 | 1.30 | 1.13 | 1.68 | 3.15 |
| Day 2 Sep 19, 2025 | 7.20 | 8.00 | 8.34 | 7.33 | 10.00 | 8.78 |
| Day 3 Sep 22, 2025 | 125.44 | 179.28 | 214.18 | 109.65 | 106.89 | 127.78 |
DayDay 1
Sep 18, 2025
QIB (Ex Anchor)7.20
NII*1.24
NII (> ₹10L)1.30
NII (< ₹10L)1.13
Individual Investors1.68
Total3.15
DayDay 2
Sep 19, 2025
QIB (Ex Anchor)7.20
NII*8.00
NII (> ₹10L)8.34
NII (< ₹10L)7.33
Individual Investors10.00
Total8.78
DayDay 3
Sep 22, 2025
QIB (Ex Anchor)125.44
NII*179.28
NII (> ₹10L)214.18
NII (< ₹10L)109.65
Individual Investors106.89
Total127.78
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 25-09-2025 | 152.00 | 21(13.82%) | 173 |
| 24-09-2025 | 152.00 | 21(13.82%) | 173 |
| 23-09-2025 | 152.00 | 32(21.05%) | 184 |
| 22-09-2025 | 152.00 | 44(28.95%) | 196 |
| 21-09-2025 | 152.00 | 42(27.63%) | 194 |
| 20-09-2025 | 152.00 | 40(26.32%) | 192 |
| 19-09-2025 | 152.00 | 40(26.32%) | 192 |
| 18-09-2025 | 152.00 | 40(26.32%) | 192 |
| 17-09-2025 | 152.00 | 30(19.74%) | 182 |
| 16-09-2025 | 152.00 | 25(16.45%) | 177 |
| 15-09-2025 | 152.00 | 20(13.16%) | 172 |
| 14-09-2025 | 152.00 | 25(16.45%) | 177 |
| 13-09-2025 | 152.00 | 25(16.45%) | 177 |
| 12-09-2025 | 152.00 | 21(13.82%) | 173 |
Date25-09-2025
Price152.00
GMP21(13.82%)
Estimate List Price173
Date24-09-2025
Price152.00
GMP21(13.82%)
Estimate List Price173
Date23-09-2025
Price152.00
GMP32(21.05%)
Estimate List Price184
Date22-09-2025
Price152.00
GMP44(28.95%)
Estimate List Price196
Date21-09-2025
Price152.00
GMP42(27.63%)
Estimate List Price194
Date20-09-2025
Price152.00
GMP40(26.32%)
Estimate List Price192
Date19-09-2025
Price152.00
GMP40(26.32%)
Estimate List Price192
Date18-09-2025
Price152.00
GMP40(26.32%)
Estimate List Price192
Date17-09-2025
Price152.00
GMP30(19.74%)
Estimate List Price182
Date16-09-2025
Price152.00
GMP25(16.45%)
Estimate List Price177
Date15-09-2025
Price152.00
GMP20(13.16%)
Estimate List Price172
Date14-09-2025
Price152.00
GMP25(16.45%)
Estimate List Price177
Date13-09-2025
Price152.00
GMP25(16.45%)
Estimate List Price177
Date12-09-2025
Price152.00
GMP21(13.82%)
Estimate List Price173
IPO Important Dates
| IPO Open Date | Thu, Sep 18, 2025 |
| IPO Close Date | Mon, Sep 22, 2025 |
| Tentative Allotment | Tue, Sep 23, 2025 |
| Initiation of Refunds | Wed, Sep 24, 2025 |
| Credit of Shares to Demat | Wed, Sep 24, 2025 |
| Tentative Listing Date | Thu, Sep 25, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Sep 22, 2025 |
IPO Open Date
Thu, Sep 18, 2025
IPO Close Date
Mon, Sep 22, 2025
Tentative Allotment
Tue, Sep 23, 2025
Initiation of Refunds
Wed, Sep 24, 2025
Credit of Shares to Demat
Wed, Sep 24, 2025
Tentative Listing Date
Thu, Sep 25, 2025
Cut-off time for UPI mandate confirmation
5 PM on Mon, Sep 22, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1,600 | ₹2,43,200 |
| Individual investors (Retail) (Max) | 2 | 1,600 | ₹2,43,200 |
| S-HNI (Min) | 3 | 2,400 | ₹3,64,800 |
| S-HNI (Max) | 8 | 6,400 | ₹9,72,800 |
| B-HNI (Min) | 9 | 7,200 | ₹10,94,400 |
ApplicationIndividual investors (Retail) (Min)
Lots2
Shares1,600
Amount₹2,43,200
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares1,600
Amount₹2,43,200
ApplicationS-HNI (Min)
Lots3
Shares2,400
Amount₹3,64,800
ApplicationS-HNI (Max)
Lots8
Shares6,400
Amount₹9,72,800
ApplicationB-HNI (Min)
Lots9
Shares7,200
Amount₹10,94,400
Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 115.23 | 45.08 | 17.89 |
| Total Income | 250.70 | 100.85 | 40.86 |
| Profit After Tax | 22.15 | 4.58 | 0.32 |
| EBITDA | 34.14 | 7.22 | 0.81 |
| NET Worth | 29.98 | 7.83 | 1.18 |
| Reserves and Surplus | 29.93 | 7.78 | 1.15 |
| Total Borrowing | 45.91 | 17.77 | 3.84 |
Period EndedPeriod Ended
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Mar 2025115.23
31 Mar 202445.08
31 Mar 202317.89
Period EndedTotal Income
31 Mar 2025250.70
31 Mar 2024100.85
31 Mar 202340.86
Period EndedProfit After Tax
31 Mar 202522.15
31 Mar 20244.58
31 Mar 20230.32
Period EndedEBITDA
31 Mar 202534.14
31 Mar 20247.22
31 Mar 20230.81
Period EndedNET Worth
31 Mar 202529.98
31 Mar 20247.83
31 Mar 20231.18
Period EndedReserves and Surplus
31 Mar 202529.93
31 Mar 20247.78
31 Mar 20231.15
Period EndedTotal Borrowing
31 Mar 202545.91
31 Mar 202417.77
31 Mar 20233.84
Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio |
|---|---|---|---|---|---|---|
| JD Cables Limited | 13.39 | 13.39 | 18.12 | 73.89 | ||
| Dynamic Cables Limited | 13.38 | 13.38 | 154.31 | 31.69 | 17.34 | 6.10 |
Company NameJD Cables Limited
EPS (Basic)13.39
EPS (Diluted)13.39
NAV (per share) (Rs)18.12
P/E (x)
RoNW (%)73.89
P/BV Ratio
Company NameDynamic Cables Limited
EPS (Basic)13.38
EPS (Diluted)13.38
NAV (per share) (Rs)154.31
P/E (x)31.69
RoNW (%)17.34
P/BV Ratio6.10
IPO Reservation
| Market Maker Shares Offered | 3,16,000 (5.00%) |
| QIB Shares Offered | 29,77,600 (47.15%) |
| − Anchor Investor Shares Offered | 17,80,000 (28.19%) |
| − QIB (Ex. Anchor) Shares Offered | 11,97,600 (18.96%) |
| NII (HNI) Shares Offered | 9,10,400 (14.42%) |
| − bNII > ₹10L | 6,06,400 (9.60%) |
| − sNII < ₹10L | 3,04,000 (4.81%) |
| Retail Shares Offered | 21,11,200 (33.43%) |
| Total Shares Offered | 63,15,200 (100.00%) |
Market Maker Shares Offered
3,16,000 (5.00%)
QIB Shares Offered
29,77,600 (47.15%)
− Anchor Investor Shares Offered
17,80,000 (28.19%)
− QIB (Ex. Anchor) Shares Offered
11,97,600 (18.96%)
NII (HNI) Shares Offered
9,10,400 (14.42%)
− bNII > ₹10L
6,06,400 (9.60%)
− sNII < ₹10L
3,04,000 (4.81%)
Retail Shares Offered
21,11,200 (33.43%)
Total Shares Offered
63,15,200 (100.00%)
Information about company
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.
Objectives of IPO
The Company JD Cables IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (₹ in crores)
1
Funding working capital requirements of our company;
45.00
2
Repayment/prepayment of all or certain of our borrowings availed of by our Company
26.00
3
General corporate purposes
Disclaimer
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