JD Cables Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹43(28.29%)
Premium (ELP)
The public market debut of JD Cables Limited's was completed on Sep 25, 2025 with its listing on the BSE exchange. The IPO process raised 63,15,200 Shares in total capital, consisting of 55,53,600 Shares in new equity and ₹11.57 Cr in existing share sales through the OFS route.
The offering featured a price range of ₹144 to ₹152 and minimum application size of 800 shares. Investor response during the subscription period from Sep 18, 2025 to Sep 22, 2025 influenced the final allotment ratios across investor categories.
Final allotment was announced on Sep 23, 2025, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
JD Cables Limited, incorporated in 2015, is engaged in the manufacturing of high-quality cables and conductors serving the power transmission and distribution sector. Its product portfolio includes power cables, control cables, aerial bunched cables, single-core service wires, and a variety of conductors such as All Aluminium Conductor (AAC), All Aluminium Alloy Conductor (AAAC), and Aluminium Conductor Steel Reinforced (ACSR). These products are widely used to ensure efficient and reliable transmission and distribution of electricity. The company operates through two strategically located manufacturing units, one at 26/1, F Road, Belgachia, Howrah – 711101, and the other at Ward No.1, Chakundi, Star Battery Gate, Dankuni, Hooghly. As of May 31, 2025, JD Cables had a workforce of 28 permanent employees.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Broad Product Portfolio – Wide range of cables and conductors catering to diverse transmission and distribution requirements.
- Strong Leadership & Client Trust – Experienced management team with long-standing customer relationships ensuring continuity and reliability.
- Stable Financial Track Record – Consistent performance reflecting operational stability and dependable execution capability.
- Regulatory Compliance Risk – Operating in a highly regulated sector; non-compliance may impact operations and financial performance.
- Leased Facility Dependence – Reliance on rented Registered Office and Unit I; lease uncertainties could disrupt business continuity.
- Raw Material Volatility – Dependence on timely supply and fluctuating raw material costs may affect margins and supply chain stability.
- Mr. Piyush Garodia
JD Cables Limited
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