The bidding window for JD Cables SME IPO was open from September 18, 2025, to September 22, 2025. The basis of allotment will be finalised today, September 23, 2025. Here’s how you can check the IPO allotment status on the BSE and registrar’s website.
JD Cables IPO is a book-building issue of ₹95.99 crores, consisting of a fresh issue of ₹84.41 crores and an offer for sale (OFS) of ₹11.58 crores. The price band is set between ₹144 and ₹152 per share. The tentative listing on BSE SME is September 25, 2025.
GYR Capital Advisors Private Limited is the book-running lead manager, and MUFG Intime India Private Limited is the registrar for the issue.
The net proceeds from the fresh issue will be used towards:
(September 22, 2025, end of the day)
Category |
Subscription (times) |
Qualified Institutional Investors (QIBs) |
125.44 |
Non-Institutional Investors |
133.34 |
Individual Investors (IND category bidding for 2 Lots) |
106.94 |
Total |
118.97 |
As of 23 September 2025, JD Cables' IPO GMP stood at ₹95. The estimated listing price is ₹1,805, i.e., a gain of 12.60% per share over the upper price band.
Source: Investorgain Media Report dated 23 September 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
JD Cables is primarily engaged in the manufacturing of a wide range of wires, cables, and conductors. Their product portfolio includes Power Cables, Control Cables, Aerial Bunched Cables (ABC), Single-core Service Wires, All Aluminium Conductors (AAC), All Aluminium Alloy Conductors (AAAC), and Aluminium Conductor Steel Reinforced (ACSR) used for electricity transmission and distribution.
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