JD Cables IPO GMP, Price Review, Key Dates & Complete Details

 

JD Cables IPO GMP A Comprehensive Guide for Investors

With the JD Cables IPO GMP generating significant interest, here is a detailed analysis for potential investors. This guide covers everything from the company's financials to the key dates you need to know, all with a focus on the key phrase: jd cables ipo gmp.



Table of Contents

  • JD Cables IPO - Company Analysis

  • JD Cables IPO Details

  • Company Financials

  • The Objective of the Issue

  • Listed Peers of JD Cables Ltd.

  • Evaluation of P/E Ratio

  • IPO's Strengths

  • IPO's Weaknesses

  • JD Cables IPO GMP (Grey Market Premium)

  • JD Cables IPO Summary

  • JD Cables IPO Allotment Status

  • Promoters And Management of JD Cables Ltd.

  • IPO Lead Managers

  • Dividend Policy

  • Conclusion

JD Cables IPO - Company Analysis

JD Cables Ltd. is a manufacturer of cables and conductors, with a focus on serving the power transmission and distribution sector. The company was incorporated in 2015 and has established itself as an approved vendor for several State Electricity Boards in states like West Bengal, Assam, Odisha, and Jharkhand. The company's product portfolio includes a wide range of products such as Power Cables, Control Cables, Aerial Bunched Cables, and various types of conductors.


JD Cables IPO Details

The IPO is a Book Building Issue with a total size of ₹95.99 crores. The issue is a combination of a fresh issue of shares and an offer for sale. The price band has been set at ₹144 to ₹152 per share. The minimum lot size for retail investors is 800 shares, requiring a minimum investment of ₹2,43,200 for two lots (1,600 shares). The IPO is listed on the BSE SME exchange.

Key Dates:

  • IPO Open Date: September 18, 2025

  • IPO Close Date: September 22, 2025

  • Allotment Finalization: September 23, 2025

  • Refund Initiation: September 24, 2025

  • Demat Account Credit: September 24, 2025

  • Listing Date: September 25, 2025

Company Financials

JD Cables Ltd. has shown strong financial growth over the last three years.

  • Revenue (FY25): ₹250.70 crores (up from ₹100.85 crores in FY24 and ₹40.86 crores in FY23)

  • Profit After Tax (PAT) (FY25): ₹22.15 crores (up from ₹4.58 crores in FY24 and ₹0.32 crores in FY23)

The Objective of the Issue

The company intends to use the funds raised from the IPO primarily for:

  • Meeting working capital requirements.

  • Repaying or prepaying certain borrowings.

  • General corporate purposes.

Listed Peers of JD Cables Ltd.

While the blog post is focused on the JD Cables IPO, it's important to note that the company operates in a competitive market. Listed peers in the cables and conductors industry include companies like Precision Wires India Ltd. and Cords Cable Industries Ltd.

Evaluation of P/E Ratio

The company's P/E (Price-to-Earnings) ratio is a key valuation metric. Based on the financial data from FY25, the JD Cables IPO's P/E is competitive compared to the sector average, suggesting a reasonable valuation.

IPO's Strengths

  • Strong Financial Performance: The company has demonstrated impressive revenue and profit growth.

  • Established Market Presence: It has a strong foothold in the Eastern Indian market.

  • Operational Excellence: The company has modern manufacturing facilities and an experienced management team.

  • Robust Order Book: As of August 2025, the company had a significant order book of over ₹294 crores, indicating sustained demand.

IPO’s Weaknesses

  • Government Dependence: A significant portion of the revenue is dependent on government and state electricity boards.

  • High Competition: The company operates in a market with intense competition from established players.

  • Raw Material Volatility: The business is susceptible to price fluctuations of key raw materials like copper and aluminum.

JD Cables IPO GMP (Grey Market Premium)

The jd cables ipo gmp is a key indicator of market sentiment. On the IPO closing date, September 22, 2025, the GMP was updated to ₹42. This suggests an estimated listing price of ₹194 (₹152 upper price band + ₹42 GMP), indicating a potential listing gain of approximately 27.63%. It is crucial to remember that GMP is an unofficial metric and can be volatile.

JD Cables IPO Summary

The JD Cables IPO offers a chance to invest in a company with a strong growth trajectory in the power infrastructure sector. Its solid financials and operational strengths are compelling, but investors should also be aware of the industry-specific risks.

JD Cables IPO Allotment Status

After the IPO closes, the allotment status will be finalized on September 23, 2025. Investors can check their allotment status on the registrar's website, MUFG Intime India Private Limited, or through their broker.

Promoters And Management of JD Cables Ltd.

The company is promoted by Mr. Piyush Garodia, who has a proven track record and is supported by an experienced management team.

IPO Lead Managers

The Book Running Lead Manager (BRLM) for the issue is GYR Capital Advisors Private Limited, while the registrar is MUFG Intime India Private Limited.

Dividend Policy

The company does not have a formal dividend policy but will consider paying dividends in the future, subject to its financial performance and business requirements.

Conclusion

The JD Cables IPO presents an opportunity for investors to participate in a growing company within the cables and conductors industry. The strong financial performance and positive jd cables ipo gmp are encouraging, but as with any investment, a thorough review of the company's fundamentals and associated risks is essential.

Comments

Post a Comment

Popular posts from this blog

Live IPO GMP Today | Latest IPO GMP, Current GMP & Grey Market Updates

Image
  Check Live IPO GMP Today with latest & current GMP updates for all mainboard and SME IPOs. Get real-time IPO GMP, upcoming IPO premiums & grey market insights. Live IPO GMP Today – Latest & Current IPO GMP Updates by Finowings Tracking Live IPO GMP Today is crucial for every retail and HNI investor aiming to maximize gains from upcoming IPOs. The Grey Market Premium (GMP) gives a sneak peek into how an IPO might perform on its listing day. With the IPO craze heating up in India, platforms like Finowings are making it easier for investors to access the most accurate, updated, and real-time IPO GMP data. In this blog, we will walk you through everything you need to know about IPO GMP, including live updates, current and upcoming IPO GMP, and how it affects your investment decisions. What is IPO GMP? IPO GMP (Grey Market Premium) is the price at which IPO shares are traded unofficially before their listing on stock exchanges. This premium reflects market demand, inves...
Read more

Ganga Bath Fitting IPO GMP: Price, Dates, and Key Insights

Image
  Explore the Ganga Bath Fitting IPO details, including issue size, price band, listing dates, and business overview. Get IPO-ready with Finowings. 1. Ganga Bath Fitting IPO Ganga Bath Fitting Ltd is entering the capital market with its IPO, offering investors a chance to invest in a growing bathroom fittings and sanitaryware brand. With a solid reputation in the manufacturing of taps, showers, and plumbing accessories, the company is targeting expansion through its IPO. The issue opens on June 4 and closes on June 6, 2025, with the price band set between ₹46 to ₹49 per share. This SME IPO is proposed to be listed on the NSE SME platform. The company aims to use the funds for working capital, business expansion, and general corporate purposes. 2. Ganga Bath Fitting IPO GMP The Grey Market Premium (GMP) for the Ganga Bath Fitting IPO GMP is being closely watched by investors. As of now, the GMP stands at ₹0, suggesting a neutral outlook in the unlisted market. While a zero GMP indi...
Read more

GMP IPO and IPO GMP Latest Current Updates

Image
  GMP IPO and IPO GMP: Decoding the Pre-Listing Market Sentiment Introduction to GMP IPO and IPO GMP In the domain of primary market investing, the terms  GMP IPO  and  IPO GMP  have assumed notable prominence. Grey Market Premium (GMP) refers to the premium at which shares of an upcoming Initial Public Offering (IPO) are traded unofficially before their formal listing. This off-the-record valuation tool functions as a proxy for public sentiment and market demand. Investors often rely on these indicators to forecast listing day performance and to gauge the speculative fervor surrounding an offering. The Grey Market: A Parallel Ecosystem Operating beyond the ambit of regulated stock exchanges, the grey market constitutes an informal trading ecosystem where IPO-bound equities are bought and sold ahead of their listing. Brokers, high-net-worth individuals, and retail speculators form the backbone of this parallel environment. While not legally sanctioned, grey mark...
Read more