JD Cables Limited
Bookbuilding IPO · BSE
- Price band
- ₹144 - ₹152
- Lot size
- 800 shares
- Issue amount
- ₹95.99 cr
- Total subscription
- 127.88×
- Opens
- 18 Sept 2025
- Closes
- 22 Sept 2025
- Allotment
- 23 Sept 2025
- Listing
- 25 Sept 2025
Offer at a glance
Issue overview
- Issue size
- 63,15,200 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,15,200
- Fresh issue
- ₹84.42 cr
- Offer for sale
- ₹11.57 cr
- Registrar
- Link Intime India Private Ltd (MUFG)
- Listing exchange
- BSE
- Maximum investment
- ₹1,21,600
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,69,97,512
- Shares after issue
- 2,25,51,112
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 1,600 | ₹2,43,200 |
| sHNI | 3 | 2,400 | ₹3,64,800 |
| bHNI | 9 | 7,200 | ₹10,94,400 |
Share reservation
Subscription & GMP
Subscription by category
Reported 22 Sept 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 105 |
| NIB | 0 | 29,904 |
| RETAIL | 1,320 | 1,41,109 |
| HNIs(10L +) | 253 | 17,034 |
| HNIs (2-10L) | 127 | 12,870 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 18.2 | 2,283.49 |
| FIIs | 0 | 641.68 |
| Mutual Funds | 0 | 8 |
| Others | 0 | 1,358.87 |
| RETAIL | 32.09 | 3,431.77 |
| HNIs 2+ | 4.62 | 506.7 |
| HNIs 10+ | 9.22 | 1,978.97 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 13.39 | 4.6 | 0.32 |
| ROE | 117.17 | 101.65 | 31.28 |
| ROCE | 43.64 | 27.85 | 15.4 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 11.66 | 0 | 0 |
| POST IPO(PE) | 15.47 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Dynamic Cables Limited | 15.53 | 424.05 | 10.00 | 154.31 | 17.34 | 27.31 |
| JD Cables Limited | NA | NA | 10.00 | 18.12 | 73.89 | 13.39 |
Company information
Company profile
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.
Strengths
- 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.
Risk factors
- 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.
Promoters
Mr. Piyush Garodia
Registrar & documents
Lead manager
GYR Capital Advisors Private Limited
Registrar & contacts
Link Intime India Private Ltd (MUFG)
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
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
+91 7439864020
[email protected]Company website ↗Understanding JDCABLES IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.