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Johnsoncab Electricals IPO

₹190.00 to ₹200.00Price band

Listed on 6 November 2026 at an issue price of ₹200.00.

Subscription and grey market figures refresh on a 30-minute cycle. Last synced 16 November 2026. Confirm current numbers on the exchange websites before you apply.

Issue size
₹56.02 Cr
Lot size
600 shares
Minimum investment
₹1,20,000.00
Face value
₹10.00
Fresh issue
₹53.18 Cr
Offer for sale
₹2.84 Cr
Exchanges
NSE and BSE
Bidding dates
30 October 2026 to 3 November 2026

Listed on the exchange

Johnsoncab Electricals priced its issue at ₹200.00 and began trading on 6 November 2026.

The dates that matter

An Indian IPO runs on a fixed calendar. Bidding stays open for three working days, the allotment is finalised the next working day, and the shares begin trading the day after that.

    Issue dates

  1. Anchor investor biddingCompleted

    29 October 2026

    One day before the public window, for institutional anchors.

  2. Bidding opensCompleted

    30 October 2026

  3. Bidding closesCompleted

    3 November 2026

  4. Basis of allotmentCompleted

    4 November 2026

  5. Refunds initiatedCompleted

    5 November 2026

  6. Shares credited to DematCompleted

    5 November 2026

  7. Listing on the exchangeCompleted

    6 November 2026

Grey market premium

Grey market premium is the price traders quote among themselves for shares that have not listed yet. Below is the full day-by-day record we hold for this issue, not only the latest figure, because the movement across the bidding window says more than any single day does.

-227111527 Oct6 Nov
Grey market premium per share over 11 recorded days. Hover or use the arrow keys to read any day.
Grey market premium history for Johnsoncab Electricals
DatePremium per share
2026-10-270
2026-10-2810
2026-10-2913
2026-10-3010
2026-10-315
2026-11-015
2026-11-0210
2026-11-038
2026-11-048
2026-11-058
2026-11-068
Day by day, 11 records
DatePremium per shareImplied listing priceImplied gain
6 November 2026₹8.00₹208.004.00%
5 November 2026₹8.00₹208.004.00%
4 November 2026₹8.00₹208.004.00%
3 November 2026₹8.00₹208.004.00%
2 November 2026₹10.00₹210.005.00%
1 November 2026₹5.00₹205.002.50%
31 October 2026₹5.00₹205.002.50%
30 October 2026₹10.00₹210.005.00%
29 October 2026₹13.00₹213.006.50%
28 October 2026₹10.00₹210.005.00%
27 October 2026Not recorded₹200.000.00%

About Johnsoncab Electricals

Johnsoncab Electricals makes low-voltage wires and cables rated up to 1.1 kV at two plants in Mehsana, Gujarat. It sells under the JOHNSON CABLES brand to power infrastructure, transmission and distribution, renewable energy, railway and general industrial buyers. Customers come from both government organisations and the private sector, and the company wins work through direct orders, competitive tenders and vendor registration. The product range covers control cables, power cables, single-core and multicore industrial cables, house and building wires, welding cables, solar and photovoltaic cables, and submersible flat cables. Installed capacity stood at 79,950 kilometres a year as of Fiscal 2026. The company reported revenue from operations of INR 210.47 crore in Fiscal 2026, up from INR 88.34 crore in Fiscal 2024. It employed 193 people as of September 30, 2026.

Promoters

  • Chandreshkumar Shankerlal Patel
  • Anjal Chandreshkumar Patel
  • Bhavanaben Chandreshkumar Patel

Financial highlights

The last three fiscal years as the offer document states them. Reading across a row shows whether the figure has grown, which is why the years run left to right.

Metric (₹ crore)Mar 2024Mar 2025Mar 2026Aug 2026
Assets48.4464.28126.64132.07
Total Income88.95140.00211.34113.33
Profit After Tax2.525.4613.428.63
EBITDA5.4212.1424.0615.32
NET Worth8.8814.2431.4440.08
Reserves and Surplus5.8811.2423.6732.31
Total Borrowing32.8141.7979.8877.57

Figures are in ₹ crore and reproduced from the offer document, covering Mar 2024 to Aug 2026. A dash means the document does not state that figure for that period. A fiscal year ending March is labelled by its closing month, and where the document states a figure on a different basis the label here follows the document rather than normalising it.

Key ratios

Valuation and return ratios calculated from the issuer's financials. These are the figures the issue price is usually judged against, and the offer document carries the working behind each one.

RatioValueWhat it measures
Earnings per share₹17.27Profit after tax divided by the number of shares.
P/E at the cap price11.58xIssue price divided by earnings per share. Lower is cheaper, but only against the same industry.
P/E after the issue10.20xThe same ratio recalculated on the larger post-issue share count.
Price to book4.94xIssue price against net assets per share.
Net asset value per share₹40.47What the company owns, less what it owes, per share.
Return on equity58.75%Profit earned on shareholders’ money.
Return on capital employed39.68%Profit earned on all the capital in the business, including debt.
Return on net worth42.68%The offer document’s own name for return on shareholders’ funds.
Debt to equity2.54xBorrowings against shareholders’ funds. Higher means more leverage.
Profit margin6.38%Profit after tax as a share of income.
Operating margin11.43%Operating profit as a share of income, before interest, tax and depreciation.
Market capitalisation₹211.42 CrValue of the company at the issue price.

Ratios are stated as published. A ratio that is absent here was not stated in the document, and is not the same as a ratio of zero.

What the money is for

Every issue states its objects in the offer document. These are reproduced from it, largest first, so you can see where most of the raise is going.

  • Additional Working Capital Requirement

    ₹14.00 Cr

  • Purchase of additional plant & machinery for increasing the production capacity

    ₹9.90 Cr

  • Purchase new machinery to manufacture “Paper Insulated Copper / Aluminium Conductors

    ₹8.50 Cr

  • Construction of additional Factory Shed for expansion

    ₹8.46 Cr

  • General Corporate Purposes

    ₹8.37 Cr

  • Issue Expenses

    ₹5.25 Cr

  • Purchase and set up a rooftop solar power plant

    ₹3.23 Cr

Peer comparison

The offer document compares the issuer against listed companies in the same business, on earnings, book value and return on net worth. Johnsoncab Electricals is the first row.

Peer comparison from the offer document. Johnsoncab Electricals is the first row.
CompanyEPS (₹)P/ENAV per share (₹)RoNW
Johnsoncab Electricals Ltd.This issue17.81—₹40.4742.68%
Jd Cables Ltd14.0711.56₹64.8221.70%
Prime Cable Industries Limited6.6825.45₹33.1720.14%
Susan Electricals India Ltd11.9618.14₹24.6847.42%

Reproduced from the peer comparison in the offer document. A dash means the document does not state that figure for that company. It is absent, not zero. Ratios are reported on the basis named in the document, which is not always the same period for every company.

Who gets what share

SEBI fixes how much of a book-built issue each investor category can be allotted. This is the split for this issue as stated in the offer document.

Reservation by investor category
CategoryShare of issueAmount
Retail individual investors35.11%₹18.67 Cr
Qualified institutional buyers19.97%₹10.62 Cr
Non-institutional (bids above ₹10 lakh)10.02%₹5.33 Cr
Non-institutional (bids up to ₹10 lakh)5.01%₹2.66 Cr

Percentages are reproduced as text from the offer document. A dash means the document does not state an amount for that category. Categories are labelled using the document's own terms, which differ slightly between issues.

Questions people ask

One lot is 600 shares. The price band is ₹190.00 to ₹200.00, and the block is calculated at the top of it, ₹200.00. That comes to ₹1,20,000.00 held in your bank account until the allotment is finalised. If you are not allotted, the block is released and the money never leaves your account.

Bidding runs from 30 October 2026 to 3 November 2026. Applications can be revised or withdrawn while bidding is open. Once it closes, the registrar finalises the basis of allotment the next working day and shares are credited the day after.

The most recent recorded premium is ₹8.00 per share, against ₹10.00 when recording began on 28 October 2026. The movement across those days says more than either number on its own.

Retail applications run from 1 lot to 1 lots. The retail category caps an application at ₹2,00,000, so the upper limit is whichever comes first: the lot ceiling or the value ceiling.

We hold the issue price of ₹200.00 and the listing date of 6 November 2026, but our data source does not publish the listing-day open, close or gain, so we cannot state the listing price. The exchange page for this scrip carries the traded price.

Sources