Johnsoncab Electricals IPO: Price Band, Lot Size, Financials & Review
Johnsoncab Electricals IPO is open for subscription until Tue, 3 Nov 2026. It is subscribed 1.59x overall so far (Day 1 of 3). The price band is ₹190 – ₹200 with a lot of 600 shares, so one retail lot costs ₹2,40,000 at the upper band. The latest GMP is +₹5 (+2.50%), implying an estimated listing price of ₹205.
- Open Date
- 30 Oct 2026
- Close Date
- 3 Nov 2026
Last updated
- Price band
- ₹190 – ₹200
- Lot size
- 600 shares
- Min. investment
- ₹2,40,000
- Issue size
- ₹56.02 Cr
- GMP
- +₹5
- Subscribed
- 🔥 1.59x
Johnsoncab Electricals IPO details
Johnsoncab Electricals IPO is a ₹56.02 Cr book-building IPO on the SME segment, listing on BSE. It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
The issue opened on Fri, 30 Oct 2026 and closes on Tue, 3 Nov 2026. Allotment is expected on Wed, 4 Nov 2026 and listing on Fri, 6 Nov 2026.
The price band is ₹190 to ₹200 per share and the lot size is 600 shares, so the minimum retail application is ₹2,40,000. Retail investors can apply for up to 2 lots (1,200 shares, ₹2,40,000).
Maashitla Securities Pvt. Limited is the registrar, and Isk Advisors Pvt Ltd is the book running lead manager.
Grey market premium (GMP)
Day-wise GMP →The latest Johnsoncab Electricals IPO GMP is +₹5 as of 31 Oct (+2.50% against the upper price band of ₹200), implying an estimated listing price of ₹205. Across 4 days of tracking, GMP ranged from +₹5 (31 Oct) to +₹13 (29 Oct).
| Latest GMP | +₹5 |
|---|---|
| GMP vs upper band | +2.50% |
| Estimated listing price | ₹205 |
| Highest (29 Oct) | +₹13 |
| Lowest (31 Oct) | +₹5 |
Grey market trading is unofficial and unregulated. GMP is a sentiment indicator, not a guarantee of the listing price. See the Johnsoncab Electricals IPO day-wise GMP.
Subscription
Day-wise subscription →Johnsoncab Electricals IPO is subscribed 1.59x overall so far (Day 1 of 3): NII 2.27x and retail 1.30x.
| Category | Subscribed |
|---|---|
| NII | 2.27x |
| └ bNII (above ₹10 lakh) | 2.83x |
| └ sNII (₹2–10 lakh) | 1.16x |
| Retail | 1.30x |
| Total | 1.59x |
Cumulative figures as of Day 1 of 3; updated during bidding hours. Category-wise bids, application-wise breakup and allotment chances are on the Johnsoncab Electricals IPO day-wise and category-wise subscription page.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Anchor Investors | 7,95,000 | 29.90% |
| Qualified Institutions | 5,31,000 | 19.97% |
| Non-Institutional | 3,99,600 | 15.03% |
| └ BNII | 2,66,400 | 10.02% |
| └ SNII | 1,33,200 | 5.01% |
| Retail Investors | 9,33,600 | 35.11% |
| Total | 26,59,200 | 100.00% |
Shares offered include the anchor investor portion, which is allotted a day before the issue opens. Subscription figures exclude anchors, so category sizes on the subscription page are smaller.
Johnsoncab Electricals IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | ₹2,40,000 |
| Retail (Max) | 2 | 1,200 | ₹2,40,000 |
| S-HNI (Min) | 3 | 1,800 | ₹3,60,000 |
| S-HNI (Max) | 8 | 4,800 | ₹9,60,000 |
| B-HNI (Min) | 9 | 5,400 | ₹10,80,000 |
Amounts at the upper end of the price band.
Issue structure and valuation
It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
At the upper price band of ₹200, the issue is priced at 11.58x pre-issue earnings and 10.20x post-issue earnings per share.
Listed peers with positive earnings trade at a median P/E of 18.14x (3 companies).
Promoter holding falls from 100.00% before the issue to 73.50% after it.
| EPS (pre-issue) Latest earnings per share before the issue | ₹17.27 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | 11.58x |
| EPS (post-issue) EPS on the enlarged share capital | ₹19.6 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | 10.20x |
| Promoter holding (pre-issue) | 100.00% |
| Promoter holding (post-issue) | 73.50% |
Johnsoncab Electricals Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹140 Cr to ₹211.34 Cr, and profit after tax rose from ₹5.46 Cr to ₹13.42 Cr. The PAT margin for 31 Mar 2026 was 6.35%.
| Period ended | 31 Aug 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 132.07 | 126.64 | 64.28 | 48.44 |
| Total Income | 113.33 | 211.34 | 140.00 | 88.95 |
| Profit After Tax | 8.63 | 13.42 | 5.46 | 2.52 |
| EBITDA | 15.32 | 24.06 | 12.14 | 5.42 |
| Net Worth | 40.08 | 31.44 | 14.24 | 8.88 |
| Reserve & Surplus | 32.31 | 23.67 | 11.24 | 5.88 |
| Total Borrowings | 77.57 | 79.88 | 41.79 | 32.81 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | 31 Aug 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| ROE % | 24.14 | 58.75 | 47.27 | 32.93 |
| ROCE % | 21.55 | 39.68 | 32.56 | 19.89 |
| Debt / Equity | 1.94 | 2.54 | 2.93 | 3.70 |
| RoNW % | 21.54 | 42.68 | 38.37 | 28.42 |
| Pat Margin % | 7.64 | 6.38 | 3.91 | 2.86 |
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| Johnsoncab Electricals Ltd | 10 | — | 17.81 | 17.81 | 42.68% | 40.47 |
| Prime Cable Industries Ltd | 5 | 25.45 | 6.68 | 6.68 | 20.14% | 33.17 |
| JD Cables Ltd | 10 | 11.56 | 14.07 | 14.07 | 21.70% | 64.82 |
| Susan Electricals India Ltd | 10 | 18.14 | 11.96 | 11.96 | 47.42% | 24.68 |
Notes
The figures of Johnsoncab Electricals Limited. are based on Financial Statements as restated as on March 31, 2026.
Current Market Price (CMP) is the closing price of peer group scripts as on October 23,2026.
The figures for the peer group are based on the Standalone/consolidated audited financials for the year ended March 31, 2026.
From the prospectus. P/E is shown as — when earnings are zero or negative, or not reported for the issuer before listing.
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the capital expenditure requirements of the Company towards: Construction of additional Factory Shed for expansion | 7.89 |
| 2 | Funding the capital expenditure requirements of the Company towards: Plant & Machinery a) Purchase of additional plant & machinery for increasing the production capacity | 9.90 |
| 3 | Funding the capital expenditure requirements of the Company towards: Plant & Machinery b) Purchase new machinery to manufacture “Paper Insulated Copper / Aluminium Conductors” | 6.89 |
| 4 | Funding the capital expenditure requirements of the Company towards: Plant & Machinery Purchase and set up a rooftop solar power plant | 3.23 |
| 5 | Additional Working Capital Requirement | 14.00 |
| 6 | General Corporate Purposes | — |
| Total | 41.91 |
About Johnsoncab Electricals Limited
Incorporated in November 2020, Johnsoncab Electricals Limited is engaged in the manufacture of low-voltage wires and cables rated up to 1.1 kV. Its products cater to a broad range of applications across power infrastructure, transmission and distribution, renewable energy, railways and allied industrial sectors. The Company markets its products under the brand name “JOHNSON CABLES” and serves both private sector customers and government entities.
The Company has a diversified product portfolio comprising control cables, power cables, industrial single-core and multicore control cables, housing and building wires, welding cables, solar and photovoltaic cables, and submersible flat cables. It operates two manufacturing facilities in Mehsana, Gujarat, with a combined installed production capacity of 79,950 kilometres per annum as of Fiscal 2026. These facilities are equipped with machinery for various manufacturing processes, including wire drawing, annealing, bunching, insulation, extrusion, testing and packaging.
Johnsoncab Electricals caters to customers through direct orders, participation in tenders and vendor approval processes. Its products are supported by ISO and BIS certifications, reflecting its focus on quality standards and compliance with applicable requirements. The Company continues to invest in manufacturing infrastructure and product innovation to strengthen its operational capabilities and support business growth.
As of March 31, 2026, the Company had 167 employees across various functions, including production and operations, quality assurance, sales and marketing, supply chain management, finance and administration.
Promoters
Chandreshkumar Shankerlal Patel
Anjal Chandreshkumar Patel
Bhavanaben Chandreshkumar Patel
Contact details
Johnsoncab Electricals Ltd.
Survey No. 930, Jagudan Char Rasta
Mehsana-Ahmedabad Highway
At Linch, Jagudan
Mehsana, Gujarat, 382710
Tel No.: +91 96387 54022
Email ID: office@johnsoncables.com
Website: https://www.johnsoncables.com/
Johnsoncab Electricals IPO FAQs
- What is the Johnsoncab Electricals IPO price band?
- The Johnsoncab Electricals IPO price band is ₹190 to ₹200 per share.
- What is the Johnsoncab Electricals IPO lot size and minimum investment?
- The Johnsoncab Electricals IPO lot size is 600 shares. The minimum retail investment is ₹2,40,000 for one lot at the upper price band. Retail investors can apply for up to 2 lots (1,200 shares), costing ₹2,40,000.
- When does Johnsoncab Electricals IPO close?
- Johnsoncab Electricals IPO opened on Fri, 30 Oct 2026 and closes on Tue, 3 Nov 2026.
- What is the Johnsoncab Electricals IPO subscription status?
- Johnsoncab Electricals IPO is subscribed 1.59x overall so far (Day 1 of 3): NII 2.27x and retail 1.30x. Day-wise and category-wise figures are on the subscription page.
- What is the Johnsoncab Electricals IPO GMP today?
- The latest Johnsoncab Electricals IPO GMP is +₹5 as of 31 Oct (+2.50% against the upper price band of ₹200), implying an estimated listing price of ₹205. Across 4 days of tracking, GMP ranged from +₹5 (31 Oct) to +₹13 (29 Oct). GMP is an unofficial grey market indicator and can change quickly.
- What is the Johnsoncab Electricals IPO allotment date?
- The Johnsoncab Electricals IPO basis of allotment is expected on Wed, 4 Nov 2026. You can check your allotment status on the Maashitla Securities Pvt. Limited website.
- What is the Johnsoncab Electricals IPO listing date?
- Johnsoncab Electricals IPO is expected to list on BSE on Fri, 6 Nov 2026.
- Is the Johnsoncab Electricals IPO a fresh issue or an offer for sale?
- It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
- Who are the registrar and lead managers of the Johnsoncab Electricals IPO?
- The registrar for the Johnsoncab Electricals IPO is Maashitla Securities Pvt. Limited, and the book running lead manager is Isk Advisors Pvt Ltd.
- How to apply for the Johnsoncab Electricals IPO?
- Apply through your broker app or net banking using UPI or ASBA. Select the IPO, enter the number of lots and your bid (retail investors can bid at the cut-off price), and approve the UPI mandate before the issue closes on Tue, 3 Nov 2026.
Data is compiled from the prospectus, stock exchanges and market sources and is for information only. It is not investment advice; read the RHP before applying.