JD Cables Restricted, integrated on June 12, 2015, has introduced the launch of its Preliminary Public Providing (IPO) to lift Rs 95.99 crore. The corporate is engaged within the manufacturing of cables and conductors, together with energy cables, management cables, aerial bunched cables, single-core service wires, and conductors reminiscent of AAC, AAAC, and ACSR, broadly utilized in electrical energy transmission and distribution.
The IPO will open/closes for the anchor portion on September 17, 2025, and bid/problem opens on September 18, 2025, bid/supply closes on September 22, 2025. The value band has been fastened at Rs 144 to Rs 152 per fairness share. The shares can be listed on the BSE SME platform, with a tentative itemizing date of September 25, 2025.
The corporate has proposed to supply as much as 63,15,200 fairness shares. Out of this, as much as 3,16,000 fairness shares are reserved for the market maker. The anchor investor portion is as much as 17,80,000 fairness shares. The web QIB portion includes as much as 11,97,600 fairness shares, which incorporates an allocation of 60,000 fairness shares particularly for mutual funds and the stability 11,37,600 fairness shares for different QIBs. The non-institutional portion shall not be lower than 9,10,400 fairness shares, whereas the particular person traders’ portion shall not be lower than 21,11,200 fairness shares.
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GYR Capital Advisors Non-public Restricted is the book-running lead supervisor to the problem, whereas MUFG Intime India Non-public Restricted (Previously Referred to as Hyperlink Intime India Non-public Restricted) will function the registrar to the problem.
Utilisation of IPO proceeds
The funds raised can be utilised for:
- Funding working capital necessities of our firm
- Compensation/prepayment of all or sure of our borrowings availed of by our Firm
- Normal Company Functions
IPO Allotment & Investor Reservation
- Foundation of allotment is predicted on Tuesday, September 23, 2025, and fairness shares can be credited to demat accounts on Wednesday, September 24, 2025
- No more than 50% of the Web Concern can be allotted to Certified Institutional Patrons (QIBs)
- Not lower than 35% of the Web Concern can be reserved for particular person traders
- Not lower than 15% of the Web Concern can be allotted to Non-Institutional Buyers (NIIs), with sub-categorization for small and huge HNIs
The minimal lot dimension funding for an particular person investor (retail) is 2 tons (1,600 shares) (primarily based on higher value) amounting to ₹2,43,200.00. The minimal lot dimension funding for HNI is 3 tons (2,400 shares), amounting to ₹3,64,800.
Enterprise & Key Highlights
JD Cables Restricted is engaged within the manufacturing of cables and conductors, together with energy cables, management cables, aerial bunched cables, single-core service wires, and conductors reminiscent of AAC, AAAC, and ACSR, broadly utilized in electrical energy transmission and distribution. These merchandise are primarily used within the transmission and distribution of electrical energy and are manufactured in compliance with nationwide high quality requirements.
- Income was Rs 25,052.58 lakh in FY25, greater than double the earlier 12 months, with EBITDA of Rs 3,414.47 lakh and PAT of Rs 2,215.30 lakh
- The corporate had an order e-book of Rs 29,409.46 lakh as of August 5, 2025
- It provides to 10+ states and is an accredited vendor for a number of state electrical energy boards, Serving Bihar, Jharkhand, Andhra Pradesh, Northeast states & extra
- In-house testing labs for strict high quality management, supported by ISO and 5 BIS certifications
- Merchandise embrace cables (about 81 per cent of FY25 income) and Conductors (about 19 per cent of FY25 income)
- The corporate operates two manufacturing models in West Bengal with an put in capability of 28,000 kms
- ROE at 117.17 per cent in FY 25 and ROCE at 43.64% in FY 25.
This text is from the Model Desk. Person discretion is suggested.
