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JD Cables IPO Details

18 September - 22 September 2025 Closed
SME BSE

The JD Cables IPO is a book build issue with a total issue size of ₹95.99 cr, comprising of fresh issue of 5237600 equity shares., and a offer for sale of 761600 equity shares. JD Cables IPO opened for subscription on Sep 18, 2025 and closed on Sep 22, 2025. JD Cables IPO is set price band at ₹144 to ₹152 per share, with a lot size of 800 shares. Minimum investment for Retail investors was ₹243,200.00 (at the upper price band) to apply for one lot.

The basis of allotment got finalized on Sep 23, 2025, and listed on both the NSE and BSE on Sep 25, 2025.

MUFG Intime India Private Limited has been appointed as the registrar. GYR Capital Advisors Private Limited are the Book Running Lead Manager for the issue.

Before investing in the JD Cables IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.

Price Band
₹ 144 – 152
Lot Size
800
Issue Size
₹95.99 Cr
Minimum Investment
₹243200 (1600 Shares)
Listing Date
25 September 2025

Current GMP

₹21 (+13.82%)

Open Date 18 September, 2025
Close Date 22 September, 2025
Market Cap -
Industry Cable
Sector Electricals
Subscription 127.88x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

About JD Cables Ltd

Incorporated in 2015, JD Cables Limited is a leading manufacturer of cables and conductors for the power transmission and distribution sector. The company produces a wide range of high-quality products, including:

  • Power Cables
  • Control Cables
  • Aerial Bunched Cables
  • Single-core Service Wires
  • Conductors: All Aluminium Conductor (AAC), All Aluminium Alloy Conductor (AAAC), and Aluminium Conductor Steel Reinforced (ACSR)

These products are extensively used across the power, infrastructure, telecom, and industrial sectors, ensuring reliable and efficient electricity transmission and distribution.

Manufacturing Facilities

JD Cables operates through two state-of-the-art manufacturing units equipped with advanced infrastructure, modern machinery, and in-house testing facilities to ensure quality and compliance with national benchmarks:

  • Unit I: 26/1, F Road, Belgachia, Howrah – 711101
  • Unit II: Ward No.1, Chakundi, Star Battery Gate, Dankuni, Hooghly

In FY 2025, the company achieved strong operational performance:

  • Unit I: 4,750 km of output, 79.17% capacity utilization
  • Unit II: 17,860 km of output, 81.18% capacity utilization

Certifications & Approvals

  • Certified under ISO 9001:2015 and multiple IS standards
  • Approved vendor for several State Electricity Boards across Assam, Odisha, Jharkhand, Bihar, and West Bengal

Workforce & Expertise

As of May 31, 2025, JD Cables employed 28 permanent staff and 32 engineers/skilled professionals, enabling the company to maintain quality manufacturing, timely project execution, and long-term client relationships.

Growth & Order Book

As of August 5, 2025, JD Cables’ order book stood at INR 294.09 crore, reflecting robust demand and steady business growth.

JD Cables IPO Promoters

  1. Mr. Piyush Garodia 
Promoters Holding

Holding Pre Issue

97.35%

Holding Post Issue

70.01%

JD Cables IPO Objective

The Company JD Cables IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Repayment and/or pre-payment, in part or full, of certain borrowings availed by our Company
  2. Funding the working capital requirements of the company  
  3. General corporate purposes

Address / Contact Info

JD Cables Limited
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/

IPO Snapshot

Face Value₹10 per share
Price Band₹ 144 – 152
Lot Size800
Issue TypeBook-building IPO
Sale TypeFresh Capital & Offer For Sale
Fresh Issue₹ 79.61 Cr
Offer for Sale₹ 11.58 Cr
Total Issue Size₹ 95.99 Cr
Listing AtBSE
IndustryCable
SectorElectricals
QIB Quota23.38%
BNII Quota14.37%
SNII Quota7.21%
Retail Quota50.04%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

JD Cables IPO is a Book-building IPO with a total issue size of ₹95.99 crore. The JD Cables IPO price band is ₹144 to 152 per share. The JD Cables IPO subscription opens on Thu, Sep 18, 2025, and closes on Mon, Sep 22, 2025. The JD Cables IPO will be listed on the BSE. MUFG Intime India Private Limited is the registrar for the JD Cables IPO.

The JD Cables IPO opens on Thu, Sep 18, 2025 and closes on Mon, Sep 22, 2025

JD Cables IPO Price Band is ₹144 to 152 per share.

JD Cables IPO lot size is 800 shares, Retail investors need a minimum investment of ₹243200 based on the upper price band

The minimum investment for JD Cables IPO is ₹243200, based on one lot of 800 shares at the upper price band of ₹152 per share.

Investors can apply for the JD Cables IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Sep 22, 2025. The application amount remains blocked until the JD Cables IPO allotment is finalized.

JD Cables IPO issue size is ₹95.99 crores.

JD Cables IPO allotment date is Wed, Jul 1, 2026.

The registrar for JD Cables IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check JD Cables IPO allotment status, refund processing, and other IPO-related information.

The JD Cables IPO GMP (Grey Market Premium) is ₹21 as of Thu, Sep 25, 2025. Based on the upper price band of ₹152 per share, the estimated JD Cables IPO listing price is ₹173, indicating a potential listing gain of approximately 0% over the issue price.