The JD Cables IPO minimum market lot is 1,600 shares with ₹2,43,200 application amount. The JD Cables IPO is a SME IPO, and it is to be listed on BSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
JD Cables IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 7.20 | 7.20 | 125.44 |
| NII | 1.24 | 8.00 | 179.28 |
| RII | 1.68 | 10.00 | 106.89 |
| Total | 3.15 | 8.78 | 127.78 |
JD Cables IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
JD Cables IPO Review
- May Apply for long term
JD Cables IPO Form
How to apply for the JD Cables IPO? You can apply for JD Cables IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the JD Cables IPO in the Invest section. The other option is you can apply for JD Cables IPO via IPO forms downloaded online. Check out the JD Cables forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
