JD Cables Limited IPO
JD Cables Limited IPO
SME BSE SME 100% Book Built Offer
Closed

Price Band

₹144 - ₹152

Total Issue

₹96 Cr

Bid Dates

17 Sep - 18 Sep

Subscription

127.78x

Listing Price

₹160 (5.26%)

Website RHP Check Allotment

Valuation

Market Cap

₹342.78 Cr

P/E Ratio

11.35x

P/B Ratio

8.39x

JD Cables IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

JD Cables Limited, incorporated in 2015 in Kolkata, West Bengal, is a manufacturer of cables and conductors. The company produces power cables, control cables, aerial bunched cables, service wires, and aluminium conductors used in electricity transmission and distribution. Certified with ISO 9001:2015 and multiple IS standards, JD Cables is an approved vendor for several State Electricity Boards. Its modern manufacturing facility in West Bengal, equipped with advanced machinery and a testing lab, supports a wide supply network across states like Assam, Odisha, Jharkhand, Bihar, and West Bengal.

JD Cables IPO Lot Size

Lot Information for JD Cables IPO
Category Lots Shares Amount
Ind (Min) 2 1,600 ₹2,43,200
Ind (Max) 2 1,600 ₹2,43,200
S-HNI (Min) 3 2,400 ₹3,64,800
S-HNI (Max) 8 6,400 ₹9,72,800
B-HNI (Min) 9 7,200 ₹10,94,400
Allocate Funds
Market Maker
316000 EQ Shares

JD Cables IPO Size

Total ₹95.99 Cr
Fresh Issue
₹84 Cr (0.56 Cr Shares)
Offer For Sale
₹12 Cr (0.08 Cr Shares)

Objects of Issue

  1. Repayment and/or pre-payment, in part or full, of certain borrowings availed by our Company
  2. Funding the working capital requirements of the company
  3. General Corporate Purpose

JD Cables IPO IPO Live Subscription

Updated as on 22 Sep 2025 | 05:00:00 PM

JD Cables IPO IPO Subscription Status (BSE SME)
Category Sub (x) Offered Bids
QIB 125.44x 11,97,600 15,02,29,600
NII 179.28x 9,10,400 16,32,12,000
bHNI 214.18x 6,06,400 12,98,79,200
sHNI 109.65x 3,04,000 3,33,32,800
Individual Investor 106.89x 21,11,200 22,56,72,000
Total 127.78x 42,19,200 53,91,13,600

JD Cables IPO IPO Details Live GMP

GMP ₹25
Est. Price ₹177
Est. Gain 16.45%

JD Cables IPO Peer Comparison

(Rs. in crores)

JD Cables IPO Peer Comparison Table
Particulars JD Cables Dynamic Cables
Revenue from Ops (as per RHP) 250.53 1,025.37
EPS - Basic 13.39 27.31
NAV per share 18.12 154.31
RONW 73.89% 17.34%
EBITDA 13.62% 10.84%
PAT Margin 8.84% 6.32%
Price to earning (PE) 11.35 15.53
Debt to Equity 1.53 0.16
  • All information pertains to FY 2024-25.
  • PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of September 08, 2025 for Peers

JD Cables IPO IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for JD Cables IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 250.53 100.83 40.86
Profit after Tax 22.15 4.58 0.32
Net Worth 29.98 7.83 1.18
Total Borrowing 45.91 17.77 3.84
Total Assets 115.23 45.08 17.89
NAV per share (in ₹) 18.12 4.73 1.19
EPS - Basic (in ₹) 13.39 4.60 0.32

Key Performance Indicators (KPIs)

EBITDA

13.62%

PAT

8.84%

ROE

117.17%

ROCE

43.64%

Debt to Equity

1.53

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

97.35%

Public

2.65%

Piyush Garodia 97.16%
Alka Goradia 0.19%

Management

Piyush Garodia
Chairman and MD
Hemant Kumar Choradia
CFO

Registrar & Lead Managers

Lead Managers (1)

Company Details

Name: JD Cables Limited

Address: Arch Square X2, 14th Floor, 1401, Salt Lake
Sector V, Near College More, Sech Bhawan,
North 24 Parganas, Salt Lake, West Bengal,
India, 700091

Number: +91 7439864020

Email: compliance@jdcables.in

Website: www.jdcables.in

Frequently Asked Questions (FAQs)

What is JD Cables IPO?
JD Cables IPO is a SME IPO having an issue size of ₹96 Crs. JD Cables IPO is priced at ₹144 - ₹152 per share. The issue opens on 17 Sep 25 and closes on 18 Sep 25.
When will JD Cables IPO open?
JD Cables IPO opens on 17 Sep 25 and closes on 18 Sep 25.
What is the GMP of JD Cables IPO?
The estimated Grey Market Premium of JD Cables IPO is ₹25 per share (16.45%).
What is the lot size of JD Cables IPO?
The minimum lot size of JD Cables IPO is 800 shares & the minimum application amount is Rs. 121600.
When is the allotment of JD Cables IPO?
The allotment date of JD Cables IPO is 22 Sep 25.
What is the listing date of JD Cables IPO?
The listing date of JD Cables IPO is 25 Sep 25.
What is the subscription of JD Cables IPO?
JD Cables IPO is subscribed 118.94 times.
What is the price band of JD Cables IPO?
JD Cables IPO is priced at ₹144 - ₹152 per share.
How to check allotment status of JD Cables IPO?
Click the allotment link on JD Cables IPO page of IPO360.
How to apply JD Cables IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply JD Cables IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply JD Cables IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select JD Cables IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date