“JD Cables IPO 2025: Key Details, Strengths, Risks and Investor Guide
Issue size ~ ₹95.99 crore
Price band ₹144 – ₹152 per share
Face value per share ₹10
Lot size 800 shares (one lot) = ~ ₹1,21,600 for retail investors at upper price band.
Opening date 18 September 2025
Closing date 22 September 2025
Listing date 25 September 2025 on BSE SME platform
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Offer Composition & Subscription
The IPO is a Fresh Issue + Offer for Sale (OFS) type. Fresh issue of ~ 52,37,600 shares + Offer for Sale of ~ 7,61,600 shares.
Total shares offered ~ 63,15,200 shares.
Reserved portions:
• Retail Individual Investors (RII) ~ 33.43%
• Qualified Institutional Buyers (QIB) ~ 18.96%
• Non-Institutional Investors (NII) ~ 14.42%
• Anchor investors portion ~ 28.19%
Subscription so far (Day 2) is 8.24× (i.e. demand is ~ 8.24 times the supply)
Retail category is oversubscribed ~ 10.02×
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Financials & Use of Proceeds
For year ending March 2025: Revenue ~ ₹250.70 crore, Profit after tax ~ ₹22.15 crore.
Prior years show lower revenue and profit, but strong growth trend.
Uses of funds raised (from fresh issue portion):
Working capital requirements – a major portion.
Repayment/prepayment of borrowings.
General corporate purposes.
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Strengths & Risks (What Investors Should Consider)
Strengths:
1. Growing financials: Large jump in revenue & profits in recent year(s).
2. Relevant product portfolio: Cables, conductors etc.—strong demand in power infrastructure & energy transmission sectors.
3. Location & spread: Manufacturing units in Howrah & Hooghly, West Bengal; approved vendor to various State Electricity Boards.
Risks:
1. SME IPO risks: Lower liquidity, possibly higher volatility after listing.
2. Raw material cost fluctuations: Being in cable manufacturing, material costs (copper, aluminium etc.) can impact margins.
3. Dependence on power sector demand: If infrastructure spending or power distribution projects slow down, demand might reduce.
4. High share of promoter holding: Post-issue, promoters may still retain large stake—may affect float.
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If you like, I can summarize this in Hindi, or prepare a pros vs cons analysis to help you decide whether to apply. Do you want that?
JD Cables Ltd: Leading Manufacturer of Quality Cables in India
In today’s fast-growing industrial and infrastructure sectors, cables play a vital role in power distribution, communication, and connectivity. JD Cables Ltd has emerged as one of the most trusted cable manufacturers in India, delivering high-quality products that meet international standards.
About JD Cables Ltd
JD Cables Ltd is a reputed company in the wire and cable industry, known for its commitment to innovation, durability, and safety. With years of experience, the company manufactures a wide range of cables designed for residential, commercial, and industrial applications.
Product Range
JD Cables Ltd offers a comprehensive portfolio of cables, including:
Power Cables – High voltage and low voltage power cables for safe electricity transmission.
Control Cables – Used in automation, machinery, and process industries.
Instrumentation Cables – Designed for data transmission and control systems.
House Wires – Fire-resistant and long-lasting wires for residential and commercial use.
Specialty Cables – Customized solutions for unique industrial requirements.
Why Choose JD Cables Ltd?
Quality Assurance: All products undergo strict quality checks and comply with ISI, ISO, and other international certifications.
Innovation: The company adopts advanced manufacturing technology to produce efficient and eco-friendly cables.
Durability: JD Cables are designed to withstand tough conditions, ensuring safety and long life.
Customer Trust: The brand is trusted by industries, contractors, and households across India.
Applications
JD Cables Ltd serves multiple sectors such as:
Power and Energy
Construction and Infrastructure
Oil, Gas & Petrochemicals
Telecommunications
Manufacturing Industries
Conclusion
With its commitment to quality, safety, and innovation, JD Cables Ltd continues to strengthen its position as a leading cable manufacturer in India. Whether it’s for homes, industries, or large-scale infrastructure projects, JD Cables provides reliable solutions that power progress.