JD Cables IPO Subscribed 127.78x on Day 3

JD Cables IPO subscription started on Thursday, September 18, 2025, and will close on September 22, 2025, as per the schedule. The price band is set at ₹144 to ₹152 per share with a face value of ₹10.

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JD Cables IPO Subscription Status

JD Cables IPO subscribed over 127.78x on its Last day till 05.00 PM on 22nd September 2025. 

  • JD Cables IPO subscription QIB investors’ portion is 125.44x times, while NII subscribed 179.28x times, and RII investors subscribed 106.89x times.
  • The company has received bids for 53,91,13,600 shares against 42,19,200 shares on offer on the Last 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 Monday, 22nd September. That indicates the IPO is trading at ₹192 with a ₹40 premium in the grey market against the issue price of ₹152.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.