Stocks
Invest in Stocks
Invest in stocks, ETFs, IPOs with fast orders. Track returns on your stock holdings and view real-time P&L on your positions.
F&O
JD Cables IPO
JD Cables Ltd
₹1,15,200 /800 sharesMinimum Investment
JD Cables IPO Details
| Bidding Dates | Min. Investment | Lot Size | Price Range |
|---|---|---|---|
| 18 Sep ‘25 - 22 Sep ‘25 | ₹2,30,400 | 800 | ₹144 - ₹152 |
| Issue Size | IPO Doc |
|---|---|
| 95.99Cr | RHP PDF |
About JD Cables
Founded in
2015
Managing director
Mr Piyush Garodia
Parent organisation
JD Cables Ltd
Strengths & Financials of JD Cables
Strengths
Risks
JD Cables claims to play a vital role in supporting various sectors, including power transmission, telecommunications, construction, and industrial applications. The consistent demand for high-quality cables and conductors ensures a steady flow of opportunities, and the company’s strong relationships with utilities, telecom operators, and infrastructure firms help secure long-term partnerships. This market presence enables JD Cables to expand its reach and maintain a competitive edge.
JD Cables claims to have an efficient manufacturing process that integrates automation and continuous optimisation, helping reduce costs and boost productivity. Its scalable production capacity enables the company to accommodate bulk orders and meet growing market demands while maintaining quality and delivery timelines. This approach supports large-scale projects and positions JD Cables for continued growth in an evolving marketplace.
The company claims to have strategic partnerships with trusted suppliers for essential raw materials like copper, aluminium, polyvinyl chloride (PVC), and cross-linked polyethylene (XLPE), ensuring cost-effective procurement and a reliable supply chain. JD Cables also manufactures key components in-house, reducing dependency on third-party suppliers. This integrated approach enhances quality control, minimises supply chain risks, and strengthens the company’s ability to meet customer demands efficiently.
The company is ISO 9001:2015 certified for its quality management systems. It also holds several Indian Standards (IS) certifications, including IS 398: Part 2: 1996, IS 694: 2010, IS 1554: Part 1: 1988, IS 7098: Part 1: 1988, and IS 14255: 1995.
The company has witnessed a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 40.85 crore in FY23 to Rs 100.83 crore in FY24 and Rs 250.52 crore in FY25. PAT increased from Rs 0.32 crore in FY23 to Rs 4.58 crore in FY24 and Rs 22.15 crore in FY25.
JD Cables relies on key raw materials such as aluminium rods, PVC & XLPE compound, and armouring strip for the production of its cables and conductors. Any disruptions in the supply of these materials or an increase in their costs could adversely affect the company’s ability to maintain consistent pricing and supply for its products. This could impact the company’s profitability, as it may not be able to pass on these increased costs to customers, potentially leading to financial losses.
JD Cables relies on third-party transportation providers for the timely delivery of input materials and finished products. Any failure by these providers to deliver on time, or disruptions such as Strikes or bad weather may cause lost sales and have an impact on customer orders. Furthermore, losing one or more transportation providers could increase costs, impacting the company’s financial performance.
JD Cables experienced negative revenue growth of 25.17 percent in FY23, primarily due to unplanned equipment downtime and working capital constraints. Any continued negative growth could harm the company’s financial condition, cash flows, and brand value, limiting its ability to invest in future growth or meet financial obligations. This could also negatively impact investor confidence and the value of its equity shares.
The company’s manufacturing facilities are concentrated in one location, West Bengal. Any disruption in this region could hurt the company’s financial condition and results of operations.
The company reported negative cash flow from operating activities amounting to Rs 18.21 crore in FY25 and Rs 12.75 crore in FY24. If cash outflows continue to exceed inflows in the future, the company may face liquidity challenges.
The top five customers accounted for 64 percent, 73.14 percent, and 45.29 percent of the company’s revenue in FY25, FY24, and FY23, respectively. Any failure to retain these key customers or a loss of business from them could adversely affect the company’s business and finances.
As of FY25, the company had trade receivables of Rs 60.85 crore, a sharp increase from Rs 25.43 crore in FY24 and Rs 9.91 crore in FY23. If the company is unable to collect these receivables or if provisions for doubtful receivables are inadequate, it may have a significant adverse impact on its financial condition and operations.
The company and its promoters are involved in certain ongoing tax proceedings. Any adverse judgments in any of these cases could be detrimental to the company’s business prospects.
As of FY25, the company had financial indebtedness of Rs 45.91 crore. Any failure to service or repay these loans can hurt the company’s operations and financial position.
JD Cables Financials
*All values are in Rs. Cr
No Graph Data To Display
Application Details of JD Cables IPO
| Apply as | Price band | Apply upto |
|---|---|---|
| Individual investor | ₹144 - 152 | ₹2 - 5 Lakh |
For JD Cables IPO, eligible investors can apply as Individual investor.