
Capital Goods · BSE
Johnsoncab Electricals Limited, incorporated in November 2020, manufactures low-voltage wires and cables rated up to 1.1 kV for power infrastructure, transmission and distribution, renewable energy, railways and other industrial applications. The company markets its products under the “JOHNSON CABLES” brand and serves both private-sector customers and government entities. Its diversified product portfolio includes 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. The company operates two manufacturing facilities in Mehsana, Gujarat, with a combined installed capacity of 79,950 kilometres per annum as of Fiscal 2026. These facilities are equipped with machinery for wire drawing, annealing, bunching, insulation, extrusion, testing and packaging. Johnsoncab Electricals supplies its products through direct orders, tender participation and vendor approval processes, with its products supported by ISO and BIS certifications. The company continues to develop its manufacturing infrastructure and product range to support business growth and meet customer requirements. As of March 31, 2026, it employed 167 people across production, operations, quality assurance, sales and marketing, supply chain, finance, administration and other functions.
Price Band
₹190 – ₹200
Issue Size
₹56.02 Cr
Lot Size
600 shares
GMP
+1.5%
Est. Listing
₹203
at current GMP
Subscribed
1.14x
overall
Open
30 Oct 2026
Close
3 Nov 2026
Allotment
4 Nov 2026
Refund
5 Nov 2026
Demat Credit
6 Nov 2026
Listing
6 Nov 2026
Overall Subscription
1.14x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
2.27x
High Net-Worth
Retail (RII)
1.31x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 531,000 | — | 0.00x |
| NIB | 400,200 | 908,400 | 2.27x |
| HNIs(10L +) | 266,800 | 754,200 | 2.83x |
| HNIs (2-10L) | 133,400 | 154,200 | 1.16x |
| RETAIL | 933,000 | 1,218,000 | 1.31x |
| Total | 2,264,400 | 3,034,800 | 1.14x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 778 | 45 | 0.06x |
| HNIs(10L +) | 148 | 11 | 0.07x |
| HNIs (2-10L) | 74 | 3 | 0.04x |
| Total Applications | 1,000 | 59 | 0.06x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Johnsoncab Electricals Limited is bringing an initial public offering (IPO) in the Capital Goods sector with an aggregate issue size of ₹56.02 Crores. The shares are offered at a price band of ₹190 to ₹200 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-11-06, while un-allotted funds or UPI block mandates will be released on 2026-11-05.
The latest Grey Market Premium (GMP) for Johnsoncab Electricals Limited IPO is ₹3 per equity share. Based on the upper price band of ₹190 to ₹200 per equity share, the estimated listing price is ₹203 (+1.5% expected listing gain).
With a lot size of 600 shares and current GMP of ₹3, the expected profit per application lot is approx ₹1,800 (+1.5% gain). Minimum application cost is approx ₹1,20,000.
The Johnsoncab Electricals Limited IPO aggregate issue size is ₹56.02 Crores with an equity price band set at ₹190 to ₹200 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.14x (Retail: 1.31x, QIB: 0.00x, NII: 2.27x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2026-11-04. Investors can verify status using PAN card or application number.
Johnsoncab Electricals Limited shares are scheduled to list on BSE on 2026-11-06.