Johnsoncab Electricals IPO
Updated 27 Oct 2026, 6:50 pm.
Minimum investment (Individual investors (IND))
₹2,40,000
2 lots · 1,200 shares at the upper price band
Price band
₹190–200
Latest GMP
₹0
0.0% of the ₹200 upper band
Est. listing price
₹200
Issue size
₹53.18 Cr
Allotment status
Allotment is due on 4 Nov 2026. Check it on the registrar's page or either exchange with your PAN or application number.
- Allotment finalised4 Nov 2026(upcoming)
- Refunds start5 Nov 2026(upcoming)
- Shares credited to demat5 Nov 2026(upcoming)
- Listing6 Nov 2026(upcoming)
GMP history
Each point is a recorded observation from the scheduled data sync.
| Observed | GMP | Est. listing price |
|---|---|---|
| 27 Oct 2026, 3:47 pm | ₹0 | ₹200 |
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- SME
- Price band
- ₹190–200
- Issue size
- ₹53.18 Cr
- Lot size
- 600
- Opens
- 30 Oct 2026
- Closes
- 3 Nov 2026
- Allotment
- 4 Nov 2026
- Listing
- 6 Nov 2026
- Est. listing price
- ₹200
- Listing price
- Awaited
- Listing gain
- Awaited
- Registrar
- Maashitla Securities Pvt.Ltd.
- Minimum investment
- ₹2,40,000 (2 lots · 1,200 shares)
- Face value
- ₹10 per share
- Issue type
- Bookbuilding IPO
- Sale type
- Fresh capital only
- Listing at
- BSE SME
- Refunds
- 5 Nov 2026
- Shares credited
- 5 Nov 2026
- Promoter holding
- 100% before · 73.5% after
- Lead managers
- ISK Advisors Pvt.Ltd.
Offer documents & links
Full issue details
Details as published for this issue, read 27 Oct 2026, 9:05 am. Verify against the RHP before applying.
IPO Details
| IPO Date | 30 Oct to 3 Nov, 2026 |
|---|---|
| Listing Date | Fri, Nov 6, 2026 (tentative) |
| Face Value | ₹ 10 per share |
| Price Band | ₹190 to ₹200 |
| Lot Size | 600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 28,00,800 shares (agg. up to ₹ 56 Cr) |
|---|---|
| Reserved for Market Maker | 1,41,600 shares (agg. up to ₹ 3 Cr) |
| Fresh Issue (Ex Market Maker) | 26,59,200 shares (agg. up to ₹ 53 Cr) |
| Net Offered to Public | 26,59,200 shares (agg. up to ₹ 53 Cr) |
| Share Holding Pre Issue | 77,70,000 shares |
| Share Holding Post Issue | 1,05,70,800 shares |
IPO Timetable (Tentative)
- IPO Open
- Fri, Oct 30, 2026
- IPO Close
- Tue, Nov 3, 2026
- Allotment
- Wed, Nov 4, 2026
- Refund
- Thu, Nov 5, 2026
- Credit of Shares
- Thu, Nov 5, 2026
- Listing
- Fri, Nov 6, 2026
Issue Reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Offer |
| Retail | Not less than 35% of the Offer |
| NII | Not less than 15% of the Offer |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 1,200 | ₹2,40,000 |
| Individual investors (IND) (Max) | 2 | 1,200 | ₹2,40,000 |
| S-HNI (Min) | 3 | 1,800 | ₹3,60,000 |
| S-HNI (Max) | 8 | 4,800 | ₹9,60,000 |
| B-HNI (Min) | 9 | 5,400 | ₹10,80,000 |
Investors can bid for a minimum of 1,200 shares and in multiples of 600 shares thereof.
About Johnsoncab Electricals Ltd.
Incorporated in November 2020, Johnsoncab Electricals Limited is engaged in the manufacturing of low voltage wires and cables up to 1.1 kV, catering to power infrastructure, transmission and distribution, renewable energy, railways and allied industrial applications. The company manufactures and sells its products under the brand name "JOHNSON CABLES" and caters to both private sector customers and government entities.
The company has a diversified product portfolio comprising control cables, power cables, industrial single and multicore control cables, housing and building wires, welding cables, solar/photovoltaic cables and submersible flat cables. It operates two manufacturing facilities in Mehsana, Gujarat, with a combined installed capacity of 79,950 KMS per annum as of Fiscal 2026. The manufacturing facilities are equipped with machinery for wire drawing, annealing, bunching, insulation, extrusion, testing and packaging.
Johnsoncab Electricals serves customers through direct orders, tender participation and vendor approval processes, with its products supported by ISO and BIS certifications. The company continues to invest in manufacturing infrastructure and product innovation to support its growth.
As of March 31, 2026, the company had 167 employees across various functions including production, operations, quality assurance, sales and marketing, supply chain, finance and administration.
Strengths
Consistent growth in revenue demonstrating business scalability.
Continued investment in manufacturing infrastructure.
Ability to serve both government and private sector customers.
Diversified portfolio of low voltage wires and cables.
Product innovation supported by intellectual property.
Established vendor approvals and eligibility for government tenders.
ISO and BIS certified products and quality standards.
Company Financials (Restated Standalone)
Total Income
Profit After Tax
EBITDA
NET Worth
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 126.64 | 64.28 | 48.44 |
| Total Income | 211.34 | 140.00 | 88.95 |
| Profit After Tax | 13.42 | 5.46 | 2.52 |
| EBITDA | 24.06 | 12.14 | 5.42 |
| NET Worth | 31.44 | 14.24 | 8.88 |
| Reserves and Surplus | 23.67 | 11.24 | 5.88 |
| Total Borrowing | 79.88 | 41.79 | 32.81 |
| Amount in ₹ Crore |
Johnsoncab Electricals Ltd.'s revenue increased by 51% and profit after tax (PAT) rose by 146% between the financial year ending with March 31, 2026 and March 31, 2025.
Recently Listed IPOs in Cables - Electricals
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Susan Electricals India Ltd. | SME | ₹70.38 Cr | ₹127 | 10.85 | ₹195.30 | +53.78% | ₹227.85 |
| Lumino Industries Ltd. | Mainboard | ₹700.00 Cr | ₹82 | 12.48 | ₹110.32 | +34.54% | ₹89.87 |
| Laser Power & Infra Ltd. | Mainboard | ₹742.00 Cr | ₹214 | 16.24 | ₹262.42 | +22.63% | ₹205.70 |
IPO Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the capital expenditure requirements of the Company towards: Construction of additional Factory Shed for expansion | 7.89 |
| 2 | Funding the capital expenditure requirements of the Company towards: Plant & Machinery a) Purchase of additional plant & machinery for increasing the production capacity | 9.90 |
| 3 | Funding the capital expenditure requirements of the Company towards: Plant & Machinery b) Purchase new machinery to manufacture “Paper Insulated Copper / Aluminium Conductors” | 6.89 |
| 4 | Funding the capital expenditure requirements of the Company towards: Plant & Machinery Purchase and set up a rooftop solar power plant | 3.23 |
| 5 | Additional Working Capital Requirement | 14.00 |
| 6 | General Corporate Purposes | — |
| Total | 41.91 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 58.75% |
| ROCE | 39.68% |
| Debt/Equity | 2.54 |
| RoNW | 42.68% |
| PAT Margin | 6.38% |
| EBITDA Margin | 11.43% |
| NAV | 40.47 |
| P/B (x) | 4.94 |
Check IPO Peer Comparison here.
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 17.27 | 12.69 |
| P/E (x) | 11.58 | 15.76 |
| Market Cap at Offer Price | ₹155.40 Cr. | ₹211.42 Cr. |
Disclaimer
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.
Shareholding Structure
Pre IPO
- Promoter and Promoter Group100%
Post IPO
- Promoter and Promoter Group73.5%
- Public26.50%
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 100% | 73.5% |
| Public | — | 26.50% |
| Total | 100% | 100% |
Company Promoters: Chandreshkumar Shankerlal Patel, Anjal Chandreshkumar Patel and Bhavanaben Chandreshkumar Patel.
Johnsoncab Electricals IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 0 | 0 | 0 | 0 |
| Members | 0 | 0 | 0 | 0 |
📰 Johnsoncab Electricals Ltd. - News Updates
Johnsoncab Electricals Ltd. Files DRHP: Check Issue Size and Key Details
IPO Registrar
Maashitla Securities Pvt.Ltd.
011-45121795
contact@maashitla.com
IPO Lead Manager(s)
ISK Advisors Pvt.Ltd.
Contact Details
Johnsoncab Electricals Ltd. Address
Survey No. 930, Jagudan Char Rasta
Mehsana-Ahmedabad Highway
At Linch, Jagudan
Mehsana, Gujarat , 382710
96387 54022
office@johnsoncables.com
Johnsoncab Electricals IPO in the news
Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.
No coverage found yet.
Johnsoncab Electricals: common questions
Answered from this issue's own record.
