JD Cables IPO
JD Cables IPO
Overview
JD Cables IPO is a book build issue of ₹95.99 crores. The issue is a combination of fresh issue of 0.56 crore shares aggregating to ₹84.41 crores and offer for sale of 0.08 crore shares aggregating to ₹11.58 crores. JD Cables IPO opens for subscription on Sep 18, 2025 and closes on Sep 22, 2025. The allotment for the JD Cables IPO is expected to be finalized on Sep 23, 2025. JD Cables IPO will list on BSE SME with a tentative listing date fixed as Sep 25, 2025. JD Cables IPO price band is set at ₹144.00 to ₹152.00 per share . The lot size for an application is 800. The minimum amount of investment required by an individual investor (retail) is ₹2,43,200.00 (1,600 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (2,400 shares), amounting to ₹3,64,800. GYR Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The market maker of the company is Giriraj Stock Broking Pvt.Ltd..
Issue Size
₹63,15,200
Issue Price
₹95.99 Cr
Price Band
₹144 – ₹152
Lot Size
800 shares
Min. Investment
₹1,15,200
Max. Investment
₹1,21,600
Open Date
18 Sep, 2025
Close Date
22 Sep, 2025
Allotment
23 Sep, 2025
Listing
25 Sep, 2025
Max. Investment
₹1,21,600
Announced
18 Sep, 2025
Opening Date
18 Sep, 2025
Closing Date
22 Sep, 2025
Basis of Allotment
23 Sep, 2025
Initiation of Refunds
24 Sep, 2025
Credit of Shares
24 Sep, 2025
Listing Date
25 Sep, 2025
Live GMP
Est. Listing: ₹197
Apply via UPI in 5 minutes
Choose your broker • Zero commission on IPO
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 e
JD Cables IPO Share Price
Issue Breakdown
Shareholding
Dilution: 32.7% increase in shares
JD Cables IPO Promoters Holding
JD Cables IPO Financial Health
JD Cables Ltd.'s revenue increased by 149% and profit after tax (PAT) rose by 384% between the financial year ending with March 31, 2025 and March 31, 2024.
JD Cables IPO Lot Size
Investors can bid for a minimum of 1,600 shares and in multiples of 800 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1600 | ₹2,43,200 |
| Individual investors (Retail) (Max) | 2 | 1600 | ₹2,43,200 |
| S-HNI (Min) | 3 | 2400 | ₹3,64,800 |
| S-HNI (Max) | 8 | 6400 | ₹9,72,800 |
| B-HNI (Min) | 9 | 7200 | ₹10,94,400 |
(All values in CR)
JD Cables IPO Valuations
The market capitalization of JD Cables IPO is ₹342.78 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 117.17 |
| ROCE | 43.64 |
| Debt/Equity | 1.53 |
| RoNW | 73.89 |
| PAT Margin | 8.84 |
| EBITDA Margin | 13.62 |
| Price to Book Value | 32.14 |
(All values in CR)
JD Cables IPO Strength & Risk
JD Cables IPO Strength:
Consistent revenue growth reflecting rising demand
Improved profitability and operating margins
Strong order book providing future business visibility
Efficient capacity utilisation in manufacturing units
Diversified presence across power, telecom, infrastructure, and industrial sectors
JD Cables IPO Risk:
Exposure to raw material price fluctuations impacting margins
Borrowings creating financial leverage risk
SME segment listing with lower liquidity and higher volatility
Execution challenges in scaling operations and managing working capital
Intense competition in the wires and cables industry affecting pricing power
JD Cables IPO Subscriptions Status
JD Cables IPO subscribed 56.12 times. The public issue subscribed 53.97 times in the individual investors category, 44.80 times in QIB (Ex Anchor), and 76.00 times in the NII category by September 22, 2025 1:39:34 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 17,80,000 | 17,80,000 | 27.06 |
| Market Maker | 1.00 | 3,16,000 | 3,16,000 | 4.8 |
| QIB (Ex Anchor) | 44.80 | 11,97,600 | 5,36,53,600 | 815.53 |
| Non-Institutional Buyers | 76.00 | 9,10,400 | 6,91,88,800 | 1 |
| bNII (bids above ₹10L) | 88.77 | 6,06,400 | 5,38,31,999 | 818.25 |
| sNII (bids below ₹10L) | 50.52 | 3,04,000 | 1,53,56,800 | 233.42 |
| Individual Investors (IND category bidding for 2 Lots) | 53.97 | 21,11,200 | 11,39,42,400 | 1 |
| Total | 56.12 | 42,19,200 | 23,67,84,800 | 3 |
JD Cables IPO GMP
JD Cables SME IPO last GMP is ₹45, last updated Sep 22nd 2025 12:37 PM. With the price band of 152.00, JD Cables SME IPO's estimated listing price is ₹197 (cap price + today's GMP).The expected percentage gain/loss per share is 29.61%. >> JD Cables SME IPO Retail Subject to Sauda: ₹27400 The lowest GMP is ₹20.00, while the highest GMP is ₹45.00.
Last updated 22 Sep, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 22 Sep, 2025 | 152 | ₹45▲ | 27400 | ₹197 (29.61%) | 36000 | 22 Sep, 2025 |
| 21 Sep, 2025 | 152 | ₹42▲ | 25500 | ₹194 (27.63%) | 33600 | 21 Sep, 2025 |
| 20 Sep, 2025 | 152 | ₹40 | 24300 | ₹192 (26.32%) | 32000 | 20 Sep, 2025 |
| 19 Sep, 2025 | 152 | ₹40 | 24300 | ₹192 (26.32%) | 32000 | 19 Sep, 2025 |
| 18 Sep, 2025 | 152 | ₹40▲ | 24300 | ₹192 (26.32%) | 32000 | 18 Sep, 2025 |
| 17 Sep, 2025 | 152 | ₹30▲ | 18200 | ₹182 (19.74%) | 24000 | 17 Sep, 2025 |
| 16 Sep, 2025 | 152 | ₹25▲ | 15200 | ₹177 (16.45%) | 20000 | 16 Sep, 2025 |
| 15 Sep, 2025 | 152 | ₹20▼ | 12200 | ₹172 (13.16%) | 16000 | 15 Sep, 2025 |
| 14 Sep, 2025 | 152 | ₹25 | 15200 | ₹177 (16.45%) | 20000 | 14 Sep, 2025 |
| 13 Sep, 2025 | 152 | ₹25▲ | 15200 | ₹177 (16.45%) | 20000 | 13 Sep, 2025 |
| 12 Sep, 2025 | 152 | ₹21 | 12800 | ₹173 (13.82%) | 16800 | 12 Sep, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for JD Cables IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find JD Cables IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.