Johnsoncab Electricals

Johnsoncab Electricals

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IPO Date: 30 Oct - 3 Nov 2026

Listing Date: 6 Nov 2026

Price Range

₹190 to ₹200

Issue Size

56 Cr

Min Investment

₹2,28,000

2 lots minimum (SEBI rule for SME)

Min Application

1200 Shares

600 per lot × 2

View IPO Document

Schedule of Johnsoncab Electricals

  1. Issue open date

    30 Oct 2026

  2. Issue close date

    3 Nov 2026

  3. UPI mandate deadline

    3 Nov 2026 (5 PM)

  4. Allotment finalization

    4 Nov 2026

  5. Share credit

    5 Nov 2026

  6. Listing date

    6 Nov 2026

  7. Mandate end date

    18 Nov 2026

Issue size

Funds Raised in the IPOAmount
Overall56 Cr
Fresh Issue28.01 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date4 Nov 2026
Allotment Link{Link}

Grey Market Premium

New

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIPO PriceGMPEst. Listing Price
29 Oct 2026Latest₹200₹13₹213(+6.5%)
28 Oct 2026₹200₹10₹210(+5%)

Performance Johnsoncab Electricals

Issue PriceListing GainCurrent Market PriceP/L
₹190 to ₹200............

About Johnsoncab Electricals

Johnsoncab Electricals Limited is an Indian manufacturer of low-voltage wires and cables rated up to 1.1 kV, marketed under the JOHNSON CABLES brand. Its product portfolio includes power cables, control cables, building wires, solar cables, welding cables, and submersible flat cables. The company operates two manufacturing facilities in Mehsana, Gujarat, with a combined installed annual capacity of 79,950 kilometres as of FY2026. It serves government organizations and private-sector customers through direct sales, vendor approvals, and competitive tenders. The company also holds an Indian patent for three-core, double-insulated flat cables used in submersible pumps.

Founded in2020
Managing directorChandreshkumar Shankerlal Patel
Parent organization

Financial Overview

Strengths

4
  1. 1

    Diversified Product Portfolio. Manufactures multiple types of cables for power infrastructure, renewable energy, railways, buildings, and industrial applications.

  2. 2

    Expanding Manufacturing Capacity. Combined installed capacity increased from 34,500 km in FY2024 to 79,950 km in FY2026, supporting potential growth in production and sales.

  3. 3

    Patent-Backed Product Differentiation. Holds an Indian patent for specialized three-core, double-insulated flat cables used in submersible pumps.

  4. 4

    Strong Recent Financial Growth. Revenue increased from ₹88.95 crore in FY2024 to ₹210.47 crore in FY2026, while profit after tax rose from ₹2.52 crore to ₹13.42 crore over the same period.

Risks

4
  1. 1

    High Borrowings. Total borrowings stood at approximately ₹79.88 crore against net worth of ₹31.44 crore as of March 31, 2026, creating financial leverage and interest-payment risks.

  2. 2

    Raw Material Price Volatility. Fluctuations in copper, aluminium, and other input prices may affect manufacturing costs and profit margins.

  3. 3

    Customer Concentration. The top 10 customers accounted for approximately 66.2% of FY2026 revenue, making the company vulnerable to reduced orders or the loss of major customers.

  4. 4

    Working Capital Requirements. The company plans to allocate ₹14 crore from its IPO proceeds toward working capital, highlighting the importance of managing inventory, receivables, and operating cash flow.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)N/A
Non-Institutional Investors (NIIs)N/A
Retail Individual Investors (RIIs)N/A
EmployeeN/A
TotalN/A