JD Cables IPO Date, Review, Price, Allotment Details
JD Cables IPO will open on September 18, 2025, and close on September 22, 2025. It is a Book Built Issue through which the company aims to raise approximately ₹95.99 crores, comprising a fresh issue of ₹84.41 crores and an offer for sale of up to 7,61,600 equity shares with a face value of ₹10 each.
The IPO price band is set at ₹144 to ₹152 per share. The quota allocation is 50% for QIBs, 15% for HNIs, and 35% for retail investors. The allotment is scheduled for September 23, 2025, and the IPO is expected to list on BSE on September 25, 2025.
In terms of financial performance, the company reported a revenue of ₹250.70 crores in FY 2025, up from ₹100.85 crores in FY 2024. Its profit surged to ₹22.15 crores in FY 2025, compared to ₹4.58 crores in FY 2024. Based on these financials, the IPO is considered suitable for long-term investors.
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 DRHP Draft Prospectus 
RHP Draft Prospectus
JD Cables IPO Market Lot
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
IPO Reservation
Investor Category Share Offered % Shares Market Maker Shares Offered 3,16,000 Shares 5.00% QIB Shares Offered 29,77,600 Shares 47.15% Anchor Investor 7,80,000 Shares 28.19% QIB (Ex. Anchor) 11,97,600 Shares 18.96% NII Shares Offered 9,10,400 Shares 14.42% bNII > ₹10L 6,06,400 Shares 9.60% sNII < ₹10L 3,04,000 Shares 4.81% Retail Shares Offered 21,11,200 Shares 33.43%
JD Cables IPO Anchor Investors
Anchor Bidding Date September 17, 2025 Anchor Investors List Shares Offered 17,80,000 Shares Anchor Size 27.06 Cr. lock-in period end date 50% shares (30 Days) October 23, 2025 lock-in period end date 50% shares (90 Days) December 22, 2025
JD Cables IPO Dates
The JD Cables IPO will open on September 18, 2025, and close on September 22, 2025. The allotment is scheduled for September 23, 2025, and the IPO is set to list on BSE on September 25, 2025.
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 and Holding Pattern
The promoters of the company are Mr. Piyush Garodia.
Particular Shares % Share Promoter Holding Pre-Issue 1,69,97,512 97.35% Promoter Holding Post Issue 2,25,51,112 70.01%
Objects of the Issue & Utilisation of Proceeds
Purpose Crores % Funding the working capital requirements of our company; 45.00 -% Repayment/prepayment of all or certain of our borrowings availed of by our Company 26.00 -% General corporate purposes – -%
About JD Cables IPO
JD Cables Limited has been engaged in the manufacturing of cables and conductors for the power transmission and distribution sector since 2015. The company’s product portfolio includes Power Cables, Control Cables, Aerial Bunched Cables, and Single-core Service Wires, as well as conductors such as All Aluminium Conductor (AAC), All Aluminium Alloy Conductor (AAAC), and Aluminium Conductor Steel Reinforced (ACSR). The company is led by skilled and experienced promoters, whose expertise plays a crucial role in its growth. Among JD Cables’ key strengths are strong market demand and a wide industry presence, which allow the company to provide high-quality, reliable, and efficient products across diverse sectors. Additionally, JD Cables emphasizes sustainability and eco-friendly manufacturing practices, minimizing environmental impact while maintaining product quality.
JD Cables IPO Company Financial Report
The company reported a revenue of ₹250.70 crores in FY 2025, up from ₹100.85 crores in FY 2024. Its profit rose to ₹22.15 crores in FY 2025, compared to ₹4.58 crores in FY 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 Valuation – FY2025
Check JD Cables IPO valuations detail like Earnings Per Share (EPS), Price/Earnings 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/Earnings P/E Ratio: N/A Return on Net Worth (RoNW): 73.89% Net Asset Value (NAV): ₹18.12
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.
IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Pvt.Ltd.
IPO Registrar
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: jdcables.smeipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
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: compliance@jdcables.in
Website: https://jdcables.in/