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  3. JD Cables IPO
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JD Cables

Listed
Listed

IPO Timeline

Issue open date

18 Sep 2025

Issue close date

22 Sep 2025

UPI mandate deadline

22 Sep 2025

Allotment finalization

23 Sep 2025

Refund initiation

24 Sep 2025

Share credit

24 Sep 2025

Listing date

25 Sep 2025

Mandate end date

7 Oct 2025

Lock-in end date for anchor investors (50%)

23 Oct 2025

Lock-in end date for anchor investors (remaining)

23 Dec 2025

Grey Market Premium Trend

₹21
Current GMP
₹173
Est. Listing Price
13.8%
Est. Listing Gain
₹144 - ₹152
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
24 Sep₹21₹17313.82%
23 Sep₹21₹17313.82%
22 Sep₹32₹18421.05%
21 Sep₹44₹19628.95%
20 Sep₹42₹19427.63%
19 Sep₹40₹19226.32%
18 Sep₹40₹19226.32%
17 Sep₹40₹19226.32%
16 Sep₹30₹18219.74%
15 Sep₹25₹17716.45%
14 Sep₹20₹17213.16%
13 Sep₹25₹17716.45%
12 Sep₹25₹17716.45%
11 Sep₹21₹17313.82%

Key Dates

Open
18 Sep 2025
Close
22 Sep 2025
Listing
25 Sep 2025

Quick Stats

Issue Size:96cr
Lot Size:800 shares

Issue Details

Issue Size:96cr
Offer for Sale:7,61,600 Shares
Face Value:₹10
Listing At:BSE SME

Additional Resources

RHPRead(Opens in a new tab)
DRHPRead(Opens in a new tab)

About the Company

JD Cables is engaged in manufacturing electrical transmission and distribution cables including Power Cables, Control Cables, Aerial Bunched Cables, Single-core Service Wires and conductors such as All Aluminium Conductor (AAC), All Aluminium Alloy Conductor (AAAC), and Aluminium Conductor Steel Reinforced (ACSR). Incorporated in 2015, the company operates two manufacturing units in Howrah and Hooghly, West Bengal, with advanced infrastructure and testing facilities. JD Cables serves India’s growing power infrastructure needs and is an approved vendor for various State Electricity Boards across Assam, Odisha, Jharkhand, Bihar, West Bengal, and other states.

Strengths

  • Established presence across eastern states including Assam, Odisha, Jharkhand, Bihar, and West Bengal
  • Modern manufacturing facilities in Howrah and Hooghly with advanced testing capabilities
  • Strong operational efficiency with experienced team of 32 engineers and skilled labour

Risks

  • Heavy dependence on government and state electricity boards for major portion of revenue
  • Intense competition in cables and conductors market with established players
  • Raw material price volatility particularly copper and aluminium affecting input costs
  • Cyclical nature of power infrastructure spending impacting demand patterns
  • Geographic concentration risk with primary operations focused on eastern India
  • Working capital intensive business model requiring continuous funding support

JD Cables IPO – Frequently Asked Questions

  • The price band for the JD Cables IPO is set at ₹144 to ₹152 per share.
  • The JD Cables IPO opens on September 18, 2025 and closes on September 22, 2025.
  • The tentative listing date for the JD Cables IPO is September 25, 2025.
  • You can apply for the JD Cables IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose JD Cables, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the JD Cables IPO is 800 shares. Investors must apply for at least one lot (i.e., 800 shares).