Johnsoncab Electricals IPO: dates, price band, lot size and GMP
Johnsoncab Electricals IPO opens 30 Oct – 3 Nov 2026 on the SME, price band ₹190 – ₹200, lot 600 shares, GMP ₹9 (+4.5% over the upper band). Allotment 4 Nov, listing 6 Nov.
Listing date: Johnsoncab Electricals IPO is scheduled to list on 6 Nov on BSE SME.
Updated 28 Oct 2026, 20:10 IST. Unofficial grey-market figures, dated.
BuyUnlistedShares tracks 222 IPOs on its calendar; the Johnsoncab Electricals IPO has a price band of ₹190 – ₹200, a lot of 600 shares and a grey-market premium of ₹9 (+4.5% over the upper band) as of 28 Oct 2026.
Key details
| Board | SME |
|---|---|
| Issue dates | 30 Oct – 3 Nov 2026 |
| Price band | ₹190 – ₹200 |
| Lot size | 600 shares |
| Issue size | ₹56.02 Cr |
| Fresh issue | ₹53.18 Cr |
| GMP (unofficial) | ₹9 |
| Subscription | — |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead managers | ISK Advisors Pvt.Ltd. |
| Status | Upcoming |
Timeline
- Issue opens: 30 Oct
- Issue closes: 3 Nov
- Allotment: 4 Nov
- Refunds: 5 Nov
- Demat credit: 5 Nov
- Listing: 6 Nov
GMP today
Grey-market premium ₹9 per share (4.5% over the upper band of ₹200), estimated listing price about ₹209. Unofficial, dated, not a forecast. Day-by-day GMP trend.
Issue details
| Face value | ₹10 |
|---|---|
| Issue type | Book Build Issue |
| Listing at | BSE SME |
| Market cap at the upper band | ₹211.42 Cr |
| P/E (pre-issue) | 11.58x |
| P/E (post-issue) | 15.76x |
| Fresh issue (shares) | 26,59,200 |
| Total shares offered | 26,59,200 |
| Promoter holding pre-issue | 100% |
| Promoter holding post-issue | 73.5% |
| Promoters | Chandreshkumar Shankerlal Patel, Anjal Chandreshkumar Patel, Bhavanaben Chandreshkumar Patel |
| Lead managers | ISK Advisors Pvt.Ltd. |
| Registrar phone | 011-45121795 |
| Registrar email | contact@maashitla.com |
| Company website | johnsoncables.com |
| Anchor bid date | 29 Oct 2026 |
| Anchor lock-in ends (50%) | 4 Dec 2026 |
| Anchor lock-in ends (remaining) | 2 Feb 2027 |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 2 | 1,200 | ₹2,40,000 |
| Retail (maximum) | 2 | 1,200 | ₹2,40,000 |
| sNII (minimum) | 3 | 1,800 | ₹2,40,000 |
| bNII (minimum) | 3 | 1,800 | ₹10,80,000 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| QIB | — | — | Not more than 50% of the Offer |
| NII (HNI) | — | — | Not less than 15% of the Offer |
| Retail | — | — | Not less than 35% of the Offer |
| Market Maker | — | 1,41,600 |
Key ratios as of 31 Mar 2026
| EPS (pre-issue) | ₹17.27 |
|---|---|
| EPS (post-issue) | ₹12.69 |
| P/E (pre-issue) | 11.58x |
| P/E (post-issue) | 15.76x |
| RoNW | 42.68% |
| RoCE | 39.68% |
| RoE | 58.75% |
| PAT margin | 6.38% |
| EBITDA margin | 11.43% |
| Price / book | 4.94x |
| NAV per share | ₹40.47 |
| Debt / equity | 2.54 |
| Market cap (upper band) | ₹211.42 Cr |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 126.64 | 64.28 | 48.44 | +97% |
| Total Income | 211.34 | 140 | 88.95 | +51% |
| Profit After Tax | 13.42 | 5.46 | 2.52 | +145.8% |
| EBITDA | 24.06 | 12.14 | 5.42 | +98.2% |
| NET Worth | 31.44 | 14.24 | 8.88 | +120.8% |
| Reserves and Surplus | 23.67 | 11.24 | 5.88 | +110.6% |
| Total Borrowing | 79.88 | 41.79 | 32.81 | +91.1% |
About Johnsoncab Electricals
Johnsoncab Electricals Limited is engaged in the production of low-voltage wires and cables rated up to 1.1 kV. Its products serve various sectors, including power infrastructure, transmission and distribution, renewable energy, railways, and other industrial applications. The company markets its products under the “JOHNSON CABLES” brand and supplies to both government organisations and private sector customers.
The company offers a broad range of products, including control cables, power cables, industrial single-core and multicore control cables, house wiring and building wires, welding cables, solar and photovoltaic cables, and submersible flat cables. It operates two manufacturing units in Mehsana, Gujarat, with a combined installed production capacity of 79,950 KMS annually as of Fiscal 2026. These facilities are equipped with machinery for wire drawing, annealing, bunching, insulation, extrusion, testing, and packaging.
Johnsoncab Electricals Limited serves its customers through direct orders, competitive tenders, and vendor registration and approval procedures. Its products are supported by ISO and BIS certifications. The company continues to strengthen its manufacturing capabilities and focus on product development to meet evolving industry requirements.
As of March 31, 2026, the company employed 167 personnel across key functions, including manufacturing, operations, quality control, sales and marketing, supply chain management, finance, and administration.
Objects of the issue
- Funding the capital expenditure requirements of the Company towards: Construction of additional Factory Shed for expansion — ₹7.89 Cr
- Funding the capital expenditure requirements of the Company towards: Plant & Machinery a) Purchase of additional plant & machinery for increasing the production capacity — ₹9.9 Cr
- Funding the capital expenditure requirements of the Company towards: Plant & Machinery b) Purchase new machinery to manufacture “Paper Insulated Copper / Aluminium Conductors” — ₹6.89 Cr
- Funding the capital expenditure requirements of the Company towards: Plant & Machinery Purchase and set up a rooftop solar power plant — ₹3.23 Cr
- Additional Working Capital Requirement — ₹14 Cr
- General Corporate Purposes
Net proceeds: ₹41.91 Cr
Peer comparison
| Company | EPS (Basic) | NAV (₹ per share) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|
| Johnsoncab Electricals Ltd. (issuer) | 17.81 | 40.47 | — | 42.68% | — | Standalone |
| Prime Cable Industries Limited | 6.68 | 33.17 | 27.31x | 20.14% | 5.52 | Standalone |
| Jd Cables Ltd | 14.07 | 64.82 | 14.78x | 21.7% | 3.25 | Standalone |
| Susan Electricals India Ltd | 11.96 | 24.68 | 20.19x | 47.42% | 10.04 | Standalone |
Notes: The figures of Johnsoncab Electricals Limited. are based on Standalone Financial Statements as restated as on March 31, 2026. Current Market Price (CMP) is the closing price of peer group scripts as on August 06, 2026. The figures for the peer group are based on the Standalone/consolidated audited financials for the year ended March 31, 2026.
Strengths (per the offer document)
- Consistent growth in revenue from operations demonstrating business scalability — Our Company has recorded revenue from operations of ₹21,047.41 lakhs, ₹13,979.13 lakhs and ₹8833.89 lakhs during Fiscals 2024, 2025 and 2026, respectively.
- Continued investment in manufacturing infrastructure to support future growth — Our Company has consistently invested in plant and equipment to enhance manufacturing facilities.
- Ability to serve both government and private sector customers — Our Company caters to customers in both the government and private sectors.
- Product Innovation Supported by Intellectual Property (Patent) — Our Company focuses on product innovation to strengthen its product offerings.
- Established Vendor Approvals and Eligibility to Participate in Government Tenders — We are approved vendors with various State Transmission & Distribution Utilities, Public Sector Undertakings, and DISCOMs for supply of cables and wires, either directly or through EPC contractors.
Risk factors (as disclosed by the company)
- We generate our major portion of sales from our operations in certain geographical regions especially Gujarat, Rajasthan, West Bengal and Uttar Pradesh — in these regions could have an adverse impact on our revenue and results of operations.
- As of March 31, 2026, our debt-to-equity ratio is significantly high at 2.54 — We are into capital intensive business and our debt-to-equity ratio is at 2.54, as on March 31, 2026 which is higher than some of our peers.
- We are dependent on the performance of the cables market and any adverse changes in the conditions affecting the cables market can adversely impact our business — We derive most of our revenue from operations from the manufacture and sale of cables.
- Our company may incur penalties or liabilities for non-compliance or delay in compliance with certain provisions of GST Act — Our operations are subject to various central, state, and local legislations, including the Goods and Services Tax (GST) Act, Income Tax Act, 1961, and employee laws such as the Employees' Provident…
- Our Company has, in the past, experienced delays in the filing of certain forms with the Registrar of Companies (ROC) as required under the Companies Act, 2013 — Our Company has, in the past, experienced delays in the filing of certain forms with the Registrar of Companies (ROC) as required under the Companies Act, 2013.
- While we supply to varied end-user industries, over 25 % of our revenues are from Railway and Renewable Energy industry during the preceding three Fiscals — operations, cash flows and financial condition.
- We have significant working capital requirements — affected. We require significant working capital to finance the purchase of raw materials and for the manufacture and other related expenses before payment is received from customers.
- We have had negative cash flows from Operating activities in the past and a consequent net decrease in cash and cash equivalents in some of the recent years — As per our Restated Financial Statements, Our Company recorded negative cash flows from operating activities in the recent Fiscals as set out below: (₹ in Lakhs) Net Cash Flow from/ (used in)…
From the DRHP (strengths pages 222–224, risk factors pages 45–56). Headings shortened; the wording is the company’s. Not a recommendation.
Offer documents: DRHP (PDF)
Track this issue
- Johnsoncab Electricals IPO GMP today and trend
- Johnsoncab Electricals IPO subscription status, day by day
- Johnsoncab Electricals IPO allotment status and how to check
Frequently asked questions
When does the Johnsoncab Electricals IPO open and close?
The issue is scheduled for 30 Oct – 3 Nov 2026.
What is the Johnsoncab Electricals IPO price band?
The price band is ₹190 – ₹200 per share with a lot size of 600 shares.
How big is the Johnsoncab Electricals IPO?
The total issue size is ₹56.02 Cr.
What is the Johnsoncab Electricals IPO GMP today?
The grey-market premium reported today is ₹9 per share. GMP is an unofficial, unregulated indicator and not a prediction of the listing price.
When will Johnsoncab Electricals list?
The tentative listing date is 6 Nov on the SME platform.
How do I apply for the Johnsoncab Electricals IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Johnsoncab Electricals · as filed with SEBI · bsesme.com
- Registrar allotment page, Maashitla Securities Pvt.Ltd. · allotment 4 Nov · maashitla.com
- BSE SME issues page · listing 6 Nov · bsesme.com
- Johnsoncab Electricals company website · johnsoncables.com
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 28 Oct, 14:07 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Johnsoncab Electricals IPO”, https://buyunlistedshares.com/ipo/johnsoncab-electricals-ipo, as of 28 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP. Data as of 28 Oct 2026.
Guides for IPO applicants and pre-IPO holders
- The risks of buying unlisted and pre-IPO shares in India
- Unlisted Shares Lock-In Period: What Every Investor Must Know (2026)
- What Happens to Your Unlisted Shares After the IPO? Lock-In Periods Explained
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