JD Cables IPO Date, Review, Price, Details
JD Cables will open its IPO subscription on September 18, 2025, and the issue will close on September 22, 2025. The offering is a Book Built Issue, through which the company aims to raise around ₹95.99 crores. This consists of a fresh issue of ₹84.41 crores along with an offer for sale of up to 7,61,600 equity shares, each having a face value of ₹10.
The price band has been set between ₹144 and ₹152 per share. The issue structure reserves 50% for QIBs, 35% for retail investors, and 15% for HNIs. The shares are proposed to be listed on the BSE on September 25, 2025, with the IPO allotment finalized on September 23, 2025.
From a financial perspective, the company delivered impressive growth. Revenue rose sharply to ₹250.70 crores in FY 2025 from ₹100.85 crores in FY 2024, while profit increased to ₹22.15 crores in 2025 compared to ₹4.58 crores in 2024.
JD Cables IPO Market Lot Size
The JD Cables IPO minimum market lot is 1,600 shares with ₹2,43,200 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 2 | 1,600 | ₹2,43,200 |
Retail Maximum | 2 | 1,600 | ₹2,43,200 |
S-HNI Minimum | 3 | 2,400 | ₹3,64,800 |
S-HNI Maximum | 8 | 6,400 | ₹9,72,800 |
B-HNI Minimum | 9 | 7,200 | ₹10,94,400 |
JD Cables IPO Details
IPO Open Date | September 18, 2025 |
IPO Close Date | September 22, 2025 |
Face Value | ₹10 Per Equity Share |
IPO Price Band | ₹144 to ₹152 Per Share |
Issue Size | Approx ₹95.99 Crores |
Fresh Issue | Approx ₹84.41 Crores |
Offer for Sale: | Approx 7,61,600 Equity Shares |
Issue Type | Book Built Issue |
IPO Listing | BSE SME |
Market Maker Shares Offered | 5.00% |
QIB Shares Offered | 47.15% |
NII Shares Offered | 14.42% |
Retail Shares Offered | 33.43% |
JD Cables IPO Valuation – FY2025 (KPI)
Check JD Cables IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 117.17% |
ROCE: | 43.64% |
EBITDA Margin: | 13.62% |
PAT Margin: | 8.84% |
Debt to equity ratio: | 1.53 |
Earning Per Share (EPS): | ₹13.39 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 73.89% |
Net Asset Value (NAV): | ₹18.12 |
JD Cables IPO Company Financial Report
The company reported revenue of ₹250.70 crores in 2025 against ₹100.85 crores in 2024. The company reported profit of ₹22.15 crores in 2025 against profit of ₹4.58 crores in 2024.
Amount ₹ in Crores
Period Ended | Revenue | Expense | PAT | Assets |
2023 | ₹40.86 | ₹40.43 | ₹0.32 | ₹17.89 |
2024 | ₹100.85 | ₹94.72 | ₹4.58 | ₹45.08 |
2025 | ₹250.70 | ₹221.06 | ₹22.15 | ₹115.23 |
JD Cables IPO Dates
The JD Cables IPO date is September 18 and the close date is September 22. The JD Cables IPO allotment will be finalized on September 23 and the IPO listing on September 25.
IPO Open Date: | September 18, 2025 |
IPO Close Date: | September 22, 2025 |
Basis of Allotment: | September 23, 2025 |
Refunds: | September 24, 2025 |
Credit to Demat Account: | September 24, 2025 |
IPO Listing Date: | September 25, 2025 |
IPO Bidding Cut-off Time: | September 22, 2025 – 5 PM |
Promoters of JD Cables Company IPO
The promoters of the company is Mr. Piyush Garodia.
About JD Cables IPO
Since its inception in 2015, JD Cables Limited has established itself in the manufacturing of cables and conductors tailored for the power transmission and distribution industry. Its product portfolio covers a wide range of solutions, including Power Cables, Control Cables, Aerial Bunched Cables, and Single-core Service Wires. On the conductor side, the company manufactures All Aluminium Conductor (AAC), All Aluminium Alloy Conductor (AAAC), and Aluminium Conductor Steel Reinforced (ACSR).
The company’s promoters bring a wealth of expertise and industry knowledge, which has been instrumental in driving its growth trajectory. With rising demand and a solid market footprint, JD Cables is well-positioned to deliver reliable and efficient products across multiple industries. Beyond quality and performance, the company also emphasizes sustainable practices, ensuring eco-friendly manufacturing methods and reducing its overall environmental impact.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Dynamic Cables Limited | 27.31 | 15.53 | 17.34% | 154.31 | 1,031.89 Cr. |
Objects of the IPO
Working Capital Requirements: To meet the company’s growing working capital needs and support day-to-day operations.
Debt Repayment/Prepayment: To repay or prepay, either fully or partially, certain borrowings availed by the company, thereby strengthening the balance sheet.
General Corporate Purposes: To be deployed towards strategic business initiatives, operational flexibility, and other general corporate objectives.
Merchant Bankers
- GYR Capital Advisors Pvt.Ltd.
Company Address
JD Cables Ltd.
Arch Square X2, 14th Floor, 1401,
Salt Lake Sector V, Near College More,
Sech Bhawan, North 24 Parganas, Salt Lake,
North 24 Parganas district, West Bengal, 700091
Phone: +91 7439864020
Email: [email protected]
Website: https://jdcables.in/
IPO Registrar
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Check Grey market premium at below
(GMP)