
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
+28.3%
Est. Listing
₹195
at current GMP
Subscribed
127.88x
overall
Open
18 Sep 2025
Close
22 Sep 2025
Allotment
23 Sep 2025
Refund
24 Sep 2025
Demat Credit
25 Sep 2025
Listing
25 Sep 2025
Overall Subscription
127.88x
Total Demand
QIB Multiplier
125.44x
Institutions & Funds
NII / HNI
179.62x
High Net-Worth
Retail (RII)
106.94x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,197,600 | 150,229,600 | 125.44x |
| NIB | 910,400 | 163,530,400 | 179.62x |
| HNIs(10L +) | 606,400 | 130,195,200 | 214.70x |
| HNIs (2-10L) | 304,000 | 33,335,200 | 109.66x |
| RETAIL | 2,111,200 | 225,774,400 | 106.94x |
| Total | 5,129,600 | 703,064,800 | 127.88x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 105 | 0.00x |
| NIB | — | 29,904 | 0.00x |
| RETAIL | 1,320 | 141,109 | 106.90x |
| HNIs(10L +) | 253 | 17,034 | 67.33x |
| HNIs (2-10L) | 127 | 12,870 | 101.34x |
| Total Applications | 1,700 | 201,022 | 118.25x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
The latest Grey Market Premium (GMP) for JD Cables Limited IPO is ₹43 per equity share. Based on the upper price band of ₹144 to ₹152 per equity share, the estimated listing price is ₹195 (+28.3% expected listing gain).
With a lot size of 800 shares and current GMP of ₹43, the expected profit per application lot is approx ₹34,400 (+28.3% gain). Minimum application cost is approx ₹1,21,600.
The JD Cables Limited IPO aggregate issue size is ₹95.99 Crores with an equity price band set at ₹144 to ₹152 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,21,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 127.88x (Retail: 106.94x, QIB: 125.44x, NII: 179.62x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Ltd (MUFG)) and the BSE status verification website on or around 2025-09-23. Investors can verify status using PAN card or application number.
JD Cables Limited shares are scheduled to list on BSE on 2025-09-25.