JD Cables IPO Subscription Status
JD Cables IPO subscribed over 3.15x on its First day till 05.00 PM on 18th September 2025.
- JD Cables IPO subscription QIB investors’ portion is 7.20x times, while NII subscribed 1.24x times, and RII investors subscribed 1.68x times.
- The company has received bids for 1,32,99,200 shares against 42,19,200 shares on offer on the First day.
- JD Cables IPO subscribed over 3.15x times on day 1.
About the JD Cables IPO
Since the start of 2015, JD Cables Limited has been engaged in the manufacturing of cables and conductors that cater to the power transmission and distribution sector. Let’s have a deep dive into cables and conductors. The company’s cable portfolio consists of Power Cables, Control Cables, Aerial Bunched Cables, and Single-core Service Wires and conductors such as All Aluminium Conductor (AAC), All Aluminium Alloy Conductor (AAAC), and Aluminium Conductor Steel Reinforced (ACSR). The promoters are skilled and experienced, and play a crucial role in the company’s growth. Strong demand for their products and market presence are among their top strengths, as they enable them to provide high-quality products to diverse industries, along with reliability and efficiency. Moreover, they also focus on sustainability in their products by taking care of the eco-friendly manufacturing process and minimizing environmental impact.
JD Cables IPO Company Financial Report
The company reported revenue of ₹250.70 crores in 2025 against ₹100.85 crores in 2024. The company reported a profit of ₹22.15 crores in 2025 against a profit of ₹4.58 crores in 2024.
JD Cables IPO GMP
JD Cables IPO GMP was ₹30 as of Thursday, 18th September. That indicates the IPO is trading at ₹182 with a ₹30 premium in the grey market against the issue price of ₹152.
