Johnsoncab Electricals IPO GMP Today
Johnsoncab Electricals manufactures low-voltage wires and cables up to 1.1 kV for power infrastructure, renewable energy, railways, and industrial applications. The company generates revenue by producing and supplying control cables, power cables, industrial single- and multicore control cables, building wires, and special-purpose cables such as solar, submersible flat, and welding cables under the JOHNSON CABLES brand name. With two manufacturing facilities located in Mehsana, Gujarat, possessing an installed capacity of 79,950 kilometers, the company is equipped for wire drawing, annealing, bunching, insulation, extrusion, testing, and packaging. It serves government entities and private-sector clients through direct customer engagements, vendor approvals, and participation in competitive tenders. In addition, the company holds an Indian patent for three-core double-insulated flat cables for submersible pumps, enhancing its product differentiation in specialized electrical application segments across key domestic infrastructure markets.
- IPO Price Band
- ₹190.00 - ₹200.00
- Lot Size
- 600 Shares
- Bidding Closes
- 03 Nov 2026
- Listing Date
- 06 Nov 2026
Johnsoncab Electricals IPO GMP Today & Key Takeaways
As of 30 Oct 2026, the latest Grey Market Premium (GMP) for Johnsoncab Electricals IPO is ₹13, pointing to an estimated listing price of Est. ₹213 (+6.5% expected listing gain over the upper price band of Rs 200.00). The issue is currently open for public bidding until 03 Nov 2026, with a minimum retail investment of Rs 2,40,000 for 600 Shares.
As of 30 Oct 2026, the latest Grey Market Premium (GMP) for Johnsoncab Electricals IPO is ₹13, pointing to an estimated listing price of Est. ₹213 (+6.5% expected listing gain over the upper price band of ₹200.00). The issue is currently open for public bidding until 03 Nov 2026, with a minimum retail investment of ₹2,40,000 for 600 Shares.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹13 | +6.5% vs upper band (30 Oct 2026) |
| Est. Listing Price | Est. ₹213 | +6.50% Est. Listing Gain |
| Price Band | ₹190.00 - ₹200.00 | SME IPO |
| Retail Minimum Investment | ₹2,40,000 | 2 Lot (600 Shares) |
| Bidding Window | 30 Oct 2026 – 03 Nov 2026 | Open |
| Allotment & Listing Dates | Allotment: 04 Nov 2026 | Listing: 06 Nov 2026 |
Complete IPO information
| IPO Open Date | 30 Oct 2026 |
|---|---|
| IPO Close Date | 03 Nov 2026 |
| IPO Price Band | ₹190.00 - ₹200.00 |
| Lot Size | 600 Shares |
| Current GMP | ₹13 |
| Estimated Listing Gain | +6.50% |
| Issue Size | Approx ₹56.02 Cr |
| Fresh Issue | Approx ₹56.02 Cr |
| Issue Type | SME |
| IPO Listing | BSE SME |
| Retail Quota | TBA |
| Registrar | Maashitla Securities Pvt. Ltd. |
| Overall Subscription | 1.06x |
| Minimum Investment | ₹2,40,000 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 5.31 | 0 | 0xx |
| NII | 5.41 | 9.08 | 1.68xx |
| Overall Subscription | 20.06 | 21.26 | 1.06xx |
Johnsoncab Electricals IPO subscription status day-wise
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 (30 Oct) | 0x | 1.8x | 0.9x | 0.9x |
Subscription in times (x) at the end of each bidding day. Today's row updates through the day.
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Johnsoncab Electricals is priced at ₹200 per share. With a minimum lot size of 600 shares, a retail investor applying for one lot would need approximately ₹2,40,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Johnsoncab Electricals stands at ₹13, implying an estimated listing gain of around 6.50% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Johnsoncab Electricals's IPO was subscribed 1.06x overall, with a category-wise breakdown of Retail 0.9x, QIB 0x, NII 1.68x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
IPO roadmap at a glance
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 30 Oct 2026 | Completed |
| Bidding Closes | 03 Nov 2026 | Active |
| Allotment | 04 Nov 2026 | Next Milestone |
| Listing | 06 Nov 2026 | Pending |
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 30 Oct 2026 | ₹10.00 | - | 5.00% |
| 29 Oct 2026 | ₹10.00 | +₹10.00 | 5.00% |
| 28 Oct 2026 | ₹0.00 | - | TBA |
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 1,200 | ₹2,40,000 |
| Retail Maximum | 2 Lot | 1,200 | ₹2,40,000 |
| S-HNI Minimum | 3 Lot | 1,800 | ₹3,60,000 |
| S-HNI Maximum | 8 Lot | 4,800 | ₹9,60,000 |
| B-HNI Minimum | 9 Lot | 5,400 | ₹10,80,000 |
Objects of the Issue & Official Documents
Johnsoncab Electricals IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 30 Oct 2026 |
| IPO Close Date | 03 Nov 2026 |
| Basis of Allotment | 04 Nov 2026 |
| Refunds | 05 Nov 2026 |
| Credit to Demat Account | 05 Nov 2026 |
| IPO Listing Date | 06 Nov 2026 |
Note: The timeline for Johnsoncab Electricals IPO is tentative and subject to change.
Johnsoncab Electricals Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Construction of additional factory shed for expansion | 8.46 (15.10%) |
| Purchase of additional plant and machinery to increase capacity | 9.38 (16.74%) |
| Purchase of new machinery to manufacture paper-insulated conductors | 7.33 (13.09%) |
| Purchase and setup of rooftop solar power plant | 3.23 (5.77%) |
| Funding working capital requirements | 14 (24.99%) |
| Issue expenses and general corporate purposes | 8.55 (30.64%) |
Note: Objectives are as specified in the DRHP/RHP documents of Johnsoncab Electricals.
Johnsoncab Electricals Company Financials
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 88.95 Cr. | 85.65 Cr. | 2.52 Cr. | 48.44 Cr. |
| 2025 | 140.00 Cr. | 132.63 Cr. | 5.46 Cr. | 64.28 Cr. |
| 2026 | 211.34 Cr. | 193.40 Cr. | 13.42 Cr. | 126.64 Cr. |
| Aug 2026 | 113.33 Cr. | 101.77 Cr. | 8.63 Cr. | 132.07 Cr. |
Note: Financial numbers for Johnsoncab Electricals are in ₹ Crores unless stated otherwise.
Johnsoncab Electricals Company Valuation – FY2026
| KPI | Values |
|---|---|
| ROE | 58.75% |
| ROCE | 39.68% |
| EBITDA Margin | 11.43% |
| PAT Margin | 6.38% |
| Debt to Equity Ratio | 2.54 |
| Earning Per Share (EPS) | 17.81 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 42.68% |
| Net Asset Value (NAV) | 40.47 |
Note: Valuation KPIs for Johnsoncab Electricals are computed for FY2026.
Johnsoncab Electricals IPO Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Prime Cable Industries Limited | 6.68 | 27.31 | 20.14% | 33.17 | 234.88 Cr. |
| JD Cables Ltd | 14.07 | 14.78 | 21.70% | 64.82 | 364.59 Cr. |
| Susan Electricals India Ltd | 11.96 | 20.19 | 47.42% | 24.68 | 269.36 Cr. |
Note: Peer group comparisons for Johnsoncab Electricals are sourced from DRHP filings.
Johnsoncab Electricals IPO vs other open IPOs
| IPO | Issue price | GMP | Subscribed | Closes |
|---|---|---|---|---|
| Johnsoncab Electricals This IPO SME | ₹200 | ₹13 (+6.5%) | 1.06x | 03 Nov |
| Antala Industries Compare SME | ₹67 | TBA | 0.82x | 02 Nov |
| Vectras Enprocon Compare SME | ₹105 | TBA | 1.11x | 03 Nov |
| HGS (India) Compare SME | ₹120 | ₹19 (+15.8%) | 1.16x | 03 Nov |
| Maxwell Engineering Solutions Compare SME | ₹158 | ₹70 (+44.3%) | 4.64x | 03 Nov |
| Bombay Coated & Special Steels Compare Mainboard | ₹82 | ₹9 (+11.0%) | 3.78x | 02 Nov |
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