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.
Price Band₹144 - ₹152 |
Dates17 Sep - 18 Sep |
GMP₹25 (16.45%) |
Subscriptions- |
Issue Size₹95.99 Crs |
JD Cables IPO Objects
- Repayment and/or pre-payment, in part or full, of certain borrowings availed by our Company
- Funding the working capital requirements of the company
- General Corporate Purpose
JD Cables IPO Details
Price Band₹144 - ₹152 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹84.41 Cr (0.56 Cr Shares) |
Offer For Sale₹11.58 Cr (0.08 Cr Shares) |
Total Issue₹95.99 Cr (0.63 Cr Shares) |
Face Value₹10 per equity share |
JD Cables IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
1,600
2,43,200
Maximum
2
1,600
2,43,200
|
|||
| Small HNI |
Minimum
3
2,400
3,64,800
Maximum
8
6,400
9,72,800
|
|||
| Big HNI |
Minimum
9
7,200
10,94,400
|
|||
JD Cables IPO GMP
The estimated Grey Market Premium of JD Cables IPO is ₹25 per share (16.45%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 35% of Net Offer |
| Retail | Not less than 15% of Net Offer |
| Market Maker | 316000 EQ Shares |
JD Cables IPO Financials
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 13.62% |
| PAT | 8.84% |
| ROE | 117.17% |
| ROCE | 43.64% |
| Debt to Equity | 1.53 |
| PE Ratio | 11.35 |
| PB Ratio | 8.39 |
| Mkt Cap (in Crs.) | 342.78 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
JD Cables IPO Peer Comparision
| 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 Peer Comparision
| Particulars | JD Cables |
|---|---|
| Revenue from Ops (as per RHP) | 250.53 |
| EPS - Basic | 13.39 |
| NAV per share | 18.12 |
| RONW | 73.89% |
| EBITDA | 13.62% |
| PAT Margin | 8.84% |
| Price to earning (PE) | 11.35 |
| Debt to Equity | 1.53 |
| Dynamic Cables |
|---|
| 1,025.37 |
| 27.31 |
| 154.31 |
| 17.34% |
| 10.84% |
| 6.32% |
| 15.53 |
| 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
Promoter Details
| Name | Shareholding |
|---|---|
| Piyush Garodia | 97.16% |
| Alka Goradia | 0.19% |
| Total | 97.35% |
Management Details
| Name | Designation |
|---|---|
| Piyush Garodia | Chairman and MD |
| Hemant Kumar Choradia | CFO |
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
Book Running Lead Managers (BRLMs)
GYR Capital
Visit WebsiteRTAs
MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
JD Cables IPO is a SME IPO having an issue size of Rs. ₹95.99 Crs. JD Cables IPO is priced at ₹144 - ₹152 per share. The issue opens on 17 Sep 25 and closes on 18 Sep 25.
JD Cables IPO opens on 17 Sep 25 and closes on 18 Sep 25.
The estimated Grey Market Premium of JD Cables IPO is ₹25 per share (16.45%).
The minimum lot size of JD Cables IPO is 800 shares & the minimum application amount is Rs. 121600.
The allotment date of JD Cables IPO is 22 Sep 25.
The listing date of JD Cables IPO is 25 Sep 25.
JD Cables IPO is subscribed -.
JD Cables IPO is priced at ₹144 - ₹152 per share.
Click the allotment link on JD Cables IPO page of IPO360.
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- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
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- Money will remain blocked till the refund date
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