What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for JD Cables Limited IPO?

Based on the upper price band of ₹152 and current GMP of ₹43, the estimated listing price is ₹195 (approx. 28.3% gain).

What is the expected profit per lot for JD Cables Limited IPO?

With a lot size of 800 shares and current GMP of ₹43, expected profit per retail application lot is approximately ₹34,400.

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Grey Market Intelligence

JD Cables Limited

ListedSME

Electricals & Electronics · BSE

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.

Price Band

₹144 – ₹152

Issue Size

₹95.99 Cr

Lot Size

800 shares

GMP

₹43

+28.3%

Est. Listing

₹195

at current GMP

Subscribed

127.88x

overall

Open

18 Sep 2025

22 Sep 2025

Allotment

23 Sep 2025

Refund

24 Sep 2025

Demat Credit

25 Sep 2025

Listing

25 Sep 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

JD Cables Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹43+28.3%

Issue Price (Upper)

₹152

Band: ₹144 – ₹152

Estimated Listing Price

₹195

Upper price + GMP

Lot Size

800 shares

Min investment ₹1,21,600

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹43	28.3%	₹195
30 Oct 2026	+₹43	28.3%	₹195
29 Oct 2026	+₹39	25.5%	₹191

About JD Cables Limited Public Issue & Market Profile

JD Cables Limited is bringing an initial public offering (IPO) in the Electricals & Electronics sector with an aggregate issue size of ₹95.99 Crores. The shares are offered at a price band of ₹144 to ₹152 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2025-09-22, the basis of allotment is scheduled to be finalized on 2025-09-23. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Ltd (MUFG)) or the BSE allotment checking window.

Frequently Asked Questions

What is JD Cables Limited IPO GMP today?

The latest grey market premium for JD Cables Limited IPO is ₹43, which indicates an expected listing price of ₹195.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.