JD Cables IPO Subscription Status
JD Cables IPO subscribed over 8.78x on its Second day till 05.00 PM on 19th September 2025.
- JD Cables IPO subscription QIB investors’ portion is 7.20x times, while NII subscribed 8.00x times, and RII investors subscribed 10.00x times.
- The company has received bids for 3,70,31,200 shares against 42,19,200 shares on offer on the Second day.
- JD Cables IPO subscribed over 8.78x times on day 2.
- 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 ₹40 as of Friday, 19th September. That indicates the IPO is trading at ₹192 with a ₹40 premium in the grey market against the issue price of ₹152.
