Johnsoncab Electricals IPO Day 1: Subscription Opens Today, 30 October 2026
- October 30, 2026
- Posted by: Harsh Piplani
- Category: IPO
Johnsoncab Electricals IPO opens today, 30 Oct 2026, closes 3 Nov. Price band Rs 190-200. Lot size 600 shares. Lists on BSE SME on 6 Nov.
Quick Answer
The Johnsoncab Electricals IPO opens for subscription today, 30 October 2026, and will remain open until 3 November 2026. Johnsoncab Electricals Limited is a Mehsana-based maker of low-voltage wires and cables, and the issue of about Rs 56.02 crore is entirely a fresh issue of 28,00,800 shares. The price band is set at Rs 190 to Rs 200 per share, with a lot size of 600 shares, and the shares are proposed to list on the BSE SME platform. Since bidding has only just opened, subscription figures will start reflecting real demand as the days progress, so investors should track the live numbers through the session before deciding.
Johnsoncab Electricals Limited, a Gujarat-based maker of low-voltage wires and cables sold under the Johnson Cables brand, has opened its IPO for subscription today, 30 October 2026. The Johnsoncab Electricals IPO is a book built SME issue of 28,00,800 equity shares worth about Rs 56.02 crore at the upper band of Rs 200, entirely a fresh issue with no offer for sale, and bidding remains open until 3 November 2026. The shares are proposed to list on the BSE SME platform.
Of the total issue, 1,41,600 shares are set aside for market makers, and up to about 7.95 lakh shares are reserved for anchor investors, whose round was scheduled for 29 October. Proceeds are meant for a factory shed, additional plant and machinery, a rooftop solar plant and about Rs 14 crore of working capital, with the balance for general corporate purposes.
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Johnsoncab Electricals IPO Details
The table below sets out the key parameters of the Johnsoncab Electricals IPO, including the price band, lot size and important dates.
| Open Date | 30 October 2026 |
| Close Date | 3 November 2026 |
| Face Value | Rs 10 per share |
| Price Band | Rs 190 to Rs 200 per share |
| Lot Size | 600 shares (minimum application 1,200 shares) |
| Issue Size | Rs 56.02 crore (entirely fresh issue of 28,00,800 shares) |
| Issue Type | Book Built Issue, SME |
| Listing At | BSE SME |
| Allotment Date | 4 November 2026 |
| Listing Date | 6 November 2026 |
Johnsoncab Electricals IPO Quick Facts
| Particulars | Snapshot |
|---|---|
| Minimum application | Rs 2,40,000 (2 lots, 1,200 shares, at the upper band) |
| Small HNI minimum | 3 lots, 1,800 shares (Rs 3,60,000) |
| Market maker portion | 1,41,600 shares |
| Anchor portion | Up to about 7.95 lakh shares, round scheduled for 29 October 2026 |
| Registrar | Maashitla Securities Pvt Ltd |
| Lead Manager | ISK Advisors Pvt Ltd |
This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.
Johnsoncab Electricals IPO Share Reservation
After 1,41,600 shares for market makers, the issue offers 13,26,000 shares (about 49.9 percent of the net offer) to qualified institutional buyers, including the anchor portion, 4,00,200 shares (about 15 percent) to non-institutional investors and 9,33,000 shares (about 35 percent) to retail investors. Retail bidders must apply for a minimum of 2 lots, or 1,200 shares.
Johnsoncab Electricals IPO Subscription Status Day 1
Bidding for the issue has opened today, 30 October 2026, so the category wise numbers below will fill in as the session progresses. QIB and larger HNI bids in SME issues can arrive at any point through the bidding window.
| Investor Category | Subscription Status, Day 1 (30 Oct) |
|---|---|
| Qualified Institutional Buyers (QIB) | Bidding just opened, updating through the session |
| Non-Institutional Investors (NII) | Bidding just opened, updating through the session |
| Retail Individual Investors | Bidding just opened, updating through the session |
| Overall | Bidding just opened, updating through the session |
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Johnsoncab Electricals IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 190 to Rs 200 band, with a minimum application of 1,200 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 3 November.
Download the Univest iOS App or Univest Android App to apply for the issue on its opening day.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
About Johnsoncab Electricals Limited
Johnsoncab Electricals Limited, incorporated in November 2020 after starting as a partnership firm in 2012, makes low-voltage wires and cables up to 1.1 kV under the Johnson Cables brand, including control, power, industrial, house wiring, welding, solar and submersible cables for power, renewable energy, railway and industrial customers. It runs two manufacturing units in Mehsana, Gujarat, with combined capacity of 79,950 km in FY26. Total income rose from Rs 88.95 crore in FY24 to Rs 140.00 crore in FY25 and Rs 211.34 crore in FY26, while profit after tax grew from Rs 2.52 crore to Rs 5.46 crore and Rs 13.42 crore. For the five months ended August 2026, total income was Rs 113.33 crore and profit after tax Rs 8.63 crore. Borrowings stood at Rs 77.57 crore against a net worth of Rs 40.08 crore, a debt to equity ratio of about 1.9 times.
Conclusion
The issue has opened for bidding today, 30 October 2026, offering SME exposure to a fast-growing cable maker through a pure fresh issue. Investors considering the issue should weigh the Rs 2,40,000 minimum application, the debt to equity ratio of about 1.9 times, the sharp jump in profit just before the offer and SME liquidity, and read the RHP on bseindia.com before applying after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Johnsoncab Electricals IPO subscription status on Day 1?
Ans. The issue opened for bidding today, 30 October 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live numbers on BSE as the day progresses.
When does the Johnsoncab Electricals IPO open and close?
Ans. The issue opened for subscription today, 30 October 2026, and will close on 3 November 2026.
What is the Johnsoncab Electricals IPO price band and lot size?
Ans. The issue price band is Rs 190 to Rs 200 per share, with a lot size of 600 shares. The minimum application is 2 lots, or 1,200 shares, which is Rs 2,40,000 at the upper price band.
What is the issue size and structure of the Johnsoncab Electricals IPO?
Ans. The issue is entirely a fresh issue of 28,00,800 equity shares worth about Rs 56.02 crore, including 1,41,600 shares for market makers, with no offer for sale component.
What is the Johnsoncab Electricals IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision, especially this early in the bidding window.
How do I apply for the Johnsoncab Electricals IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 190 to Rs 200 band, with a minimum application of 1,200 shares, then approving the UPI mandate before the daily cut off.
When will the Johnsoncab Electricals IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 4 November 2026, and the shares are tentatively scheduled to list on the BSE SME platform on 6 November 2026.
What does Johnsoncab Electricals Limited do?
Ans. Johnsoncab Electricals Limited makes low-voltage wires and cables up to 1.1 kV under the Johnson Cables brand, including control, power, house wiring, welding, solar and submersible cables, from two manufacturing units in Mehsana, Gujarat.
How will Johnsoncab Electricals use the IPO proceeds?
Ans. The company plans to use Rs 8.46 crore for a factory shed, Rs 9.90 crore for additional plant and machinery, Rs 8.50 crore for machinery to make paper-insulated conductors, Rs 3.23 crore for a rooftop solar plant and Rs 14 crore for working capital, with the balance for general corporate purposes.
Who are the registrar and lead manager for the Johnsoncab Electricals IPO?
Ans. Maashitla Securities Pvt Ltd is the registrar for the issue, ISK Advisors Pvt Ltd is the book running lead manager, and ISK Equities Pvt Ltd and Sunflower Broking Pvt Ltd are the market makers.
