JD Cables Share Price, Company Overview & IPO Details
JD Cables, a Kolkata-based manufacturer of cables and conductors, made a weak debut on the BSE SME platform on September 25, 2025. The JD Cables share price listed at Rs 160, a premium of 5.26% over its IPO issue price of Rs 152. However, the stock quickly came under selling pressure and hit its 5% lower circuit limit, settling at Rs 152.
About JD Cables Ltd.
Incorporated in 2015, JD Cables is a key player in the manufacturing of a wide range of cables and conductors essential for the transmission and distribution of electricity. The company's product portfolio includes:
JD Cables is an approved vendor for various State Electricity Boards and has a strong supply network across multiple states, including Assam, Odisha, Jharkhand, Bihar, and West Bengal.
JD Cables IPO & Listing Performance (September 2025)
The IPO of JD Cables, which was open from September 18 to September 22, 2025, saw strong investor demand, achieving an overall subscription of 118.94 times.
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Listing Price: Rs 160 (5.26% premium)
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IPO Price Band: Rs 144 – Rs 152 per share
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Issue Size: Rs 95.99 crore, which included a fresh issue of 55.54 lakh shares and an Offer for Sale (OFS) of 7.62 lakh shares.
Despite the strong subscription numbers and a positive grey market premium (GMP) that suggested a listing around Rs 192-200, the stock had a disappointing debut, failing to hold its initial gains.
Use of IPO Proceeds
The net proceeds from the fresh issue will be utilised for:
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Funding the company's working capital requirements.
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Repayment or prepayment of certain borrowings.
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General corporate purposes.
Financial Highlights
JD Cables has shown strong financial growth in recent years. For the fiscal year ending March 31, 2025, the company reported:
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Revenue from Operations: Rs 250.53 crore, a significant increase from Rs 100.83 crore in FY24.
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Net Profit: Rs 22.15 crore, a substantial jump from Rs 4.58 crore in the previous fiscal year.
What You Can Find on This Company Page
This page is your complete resource for all information related to JD Cables Ltd. Here’s what you can access:
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Live JD Cables Share Price: Track real-time price movements and analyse historical performance with interactive charts.
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IPO and Listing Details: Get all the information about the IPO, including the price band, subscription details, and listing day performance.
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In-Depth Financial Analysis: Access detailed financial statements and key ratios.
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Shareholding Pattern: Get a clear picture of the company's ownership structure.
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Latest News and Corporate Actions: Stay informed about the latest company announcements and other market-moving news.
Frequently Asked Questions (FAQs) about JD Cables Share Price
Q1: What was the listing price of JD Cables?
The shares listed at Rs 160 on the BSE SME platform, a premium of 5.26% to the IPO price of Rs 152, but closed at the issue price.
Q2: How was the investor response to the JD Cables IPO?
The IPO was oversubscribed 118.94 times, showing strong demand from investors.
Q3: What does JD Cables do?
The company manufactures and supplies a variety of cables and conductors for the power transmission and distribution industry.
Q4: What was the issue size of the JD Cables IPO?
The IPO was a mix of a fresh issue and an Offer for Sale, aggregating to Rs 95.99 crore.