JD Cables IPO is a book-built issue aiming to raise ₹95.99 crore. It comprises a fresh issue of 0.56 crore equity shares aggregating to ₹84.41 crore and an offer for sale of 0.08 crore equity shares amounting to ₹11.58 crore. The bidding window was open from September 18, 2025, to September 22, 2025, with the IPO allotment to be finalised on September 23, 2025. JD Cables is scheduled to list on BSE SME on September 25, 2025.
The IPO was priced at ₹144–₹152 per share with a lot size of 1,600 shares. The public issue received bids for 53,91,13,600 shares against 42,19,200 shares available, resulting in an overall subscription of 127.78 times. NIIs led the response, subscribing 179.28 times, followed by QIBs at 125.44 times their quota and retail investors at 106.89 times.
JD Cables’s ₹95.99 crore IPO, priced at ₹144–₹152 per share, was subscribed 127.78 times overall. The IPO consists of a fresh issue of 0.56 crore equity shares aggregating ₹84.41 crores and an offer for sale of 0.08 crore equity shares amounting to ₹11.58 crore. Bidding took place from September 18 to September 22, 2025, with the JD Cables IPO allotment status on September 23, 2025. Retail investors subscribed 106.89 times and NIIs 179.28 times. Listing is expected on September 25, 2025.
The table below breaks down the JD Cables share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 3,16,000 (5.00%) |
| QIB Shares Offered | 29,77,600 (47.15%) |
| − Anchor Investor Shares Offered | 17,80,000 (28.19%) |
| − QIB (Ex. Anchor) Shares Offered | 11,97,600 (18.96%) |
| NII (HNI) Shares Offered | 9,10,400 (14.42%) |
| − bNII > ₹10L | 6,06,400 (9.60%) |
| − sNII < ₹10L | 3,04,000 (4.81%) |
| Retail Shares Offered | 21,11,200 (33.43%) |
| Total Shares Offered | 24,48,97,960 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 125.44 |
| Non-Institutional Investors | 179.28 |
| Retail Individual Investors | 106.89 |
| Total shares | 127.78 |
Note: The subscription details are as of September 22, 2025
JD Cables IPO is a book-built issue with a total size of ₹95.99 crore. The issue consists of a fresh issue of 0.56 crore shares aggregating to ₹84.41 crores and offer for sale of 0.08 crore shares aggregating to ₹11.58 crores. The IPO opens for subscription on September 18, 2025, and will close on September 22, 2025.
The basis of allotment is expected to be finalised on September 23, 2025, and the shares are likely to be listed on BSE SME on September 25, 2025. The price band for the issue is set between ₹144 and ₹152 per share, offering investors an entry at different levels.
The minimum application size is 1,600 shares, making the minimum investment for retail investors ₹2,43,200 at the upper band. For HNI investors, the minimum lot size is 3 lots, equivalent to 2,400 shares, amounting to ₹3,64,800.
GYR Capital Advisors Private Limited is acting as the book running lead manager, while MUFG Intime India Private Limited has been appointed as the registrar to the issue. Giriraj Stock Broking Private Limited is serving as the market maker for this IPO.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 22, 2025, 6:46 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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