Johnsoncab Electricals IPO Listing: Shares Debut at 19.25% Premium on BSE SME, Check Share Price
- November 6, 2026
- Posted by: Neeraj Pandey
- Category: News
Johnsoncab Electricals lists at Rs 238.50 on BSE SME, up 19.25%. Issue price Rs 200. Subscribed about 22 to 24 times. Issue size Rs 56.02 Cr.
Quick Answer
The Johnsoncab Electricals IPO listing today saw the stock debut at Rs 238.50 on the BSE SME platform, a 19.25 percent premium over the Rs 200 issue price, a gain of Rs 38.50 per share. Anyone checking the Johnsoncab Electricals share price today will find a strong debut for a Mehsana based wires and cables maker whose IPO was subscribed roughly 22 to 24 times.
Johnsoncab Electricals IPO Listing Today: The IPO closed subscription on 3 November 2026 with demand of roughly 22 to 24 times overall. Here is a recap of the offer, the terms of the Johnsoncab Electricals IPO listing, and how the stock traded once it opened on 6 November.
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Johnsoncab Electricals IPO Listing: Issue Details
Johnsoncab Electricals Limited raised Rs 56.02 crore through a book built issue made up entirely of a fresh issue of 28,00,800 equity shares, with no offer for sale, in a price band of Rs 190 to Rs 200 per share. It raised Rs 15.90 crore from anchor investors before the issue. Bidding ran from 30 October to 3 November 2026, and the shares listed on the BSE SME platform on 6 November 2026.
| Particular | Detail |
|---|---|
| IPO Open Date | 30 October 2026 |
| IPO Close Date | 3 November 2026 |
| Allotment Date | 4 November 2026 |
| Refund Initiation | 5 November 2026 |
| Issue Size | Rs 56.02 crore (28,00,800 shares, entirely fresh) |
| Lot Size | 600 shares (minimum application of 2 lots, or 1,200 shares, Rs 2,40,000) |
| Price Band | Rs 190 to Rs 200 per share |
| Face Value | Rs 10 per share |
| Issue Type | Book Built Issue |
| Lead Manager | ISK Advisors Private Limited |
| Registrar | Maashitla Securities Private Limited |
| Listing At | BSE SME |
| Listing Date | 6 November 2026 |
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Johnsoncab Electricals IPO Listing Price and Performance
Shares of the Johnsoncab Electricals IPO listing opened at Rs 238.50 on the BSE SME platform against the Rs 200 issue price, a gain of Rs 38.50, or 19.25 percent. An individual investor applying for the minimum 1,200 shares had put in Rs 2,40,000, so the paper gain at the listing price works out to about Rs 46,200. For an application of 1,800 shares (Rs 3,60,000) the gain is about Rs 69,300. The premium was strong for a mid sized SME issue and well ahead of the modest demand seen during bidding.
About the Johnsoncab Electricals IPO
Johnsoncab Electricals Limited, which began as a partnership firm in 2012 and is led by managing director Chandreshkumar Shankerlal Patel, makes low voltage wires and cables of up to 1.1 kV under the Johnson Cables brand. Its range covers power cables, building wires, control cables, submersible flat cables, solar cables and welding cables, sold to power, railway, renewable energy, construction and agriculture customers. It runs two plants in Mehsana, Gujarat, with installed capacity of 79,950 kilometres as of FY26, and holds a patent for a double insulated flat cable used with submersible pumps. ISK Advisors was the lead manager and Maashitla Securities is the registrar. Investors weighing the Johnsoncab Electricals IPO listing should note that about 71 percent of FY26 revenue came from Gujarat.
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Johnsoncab Electricals Financials
Here is how the company has performed financially, useful context for anyone checking the Johnsoncab Electricals share price today after the Johnsoncab Electricals IPO listing.
| Year Ended | 31 Mar 2026 (Rs cr.) | 31 Mar 2025 (Rs cr.) | 31 Mar 2024 (Rs cr.) |
|---|---|---|---|
| Revenue from Operations | 210.47 | 139.79 | 88.34 |
| Profit After Tax | 13.42 | 5.46 | 2.52 |
Explanation
Revenue from operations rose about 51 percent in FY26 to Rs 210.47 crore and profit after tax grew about 146 percent to Rs 13.42 crore, a PAT margin of about 6.4 percent. Growth is fast, but the top 10 customers supplied about 66 percent of FY26 revenue, copper price risk is not hedged, and borrowings stood at Rs 79.88 crore with a debt to equity ratio of 2.54 times at 31 March 2026, so these are the points to weigh after the Johnsoncab Electricals IPO listing.
Grey market premium (GMP) is an unofficial, unregulated indicator for the Johnsoncab Electricals IPO that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data around the Johnsoncab Electricals IPO listing can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
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 was the Johnsoncab Electricals IPO listing price?
Ans. Johnsoncab Electricals shares listed at Rs 238.50 on the BSE SME platform, a 19.25 percent premium over the Rs 200 issue price, a gain of Rs 38.50 per share.
Was the Johnsoncab Electricals IPO listing a premium or a discount?
Ans. It was a strong premium listing, with the stock opening Rs 38.50 above the issue price.
How much was the Johnsoncab Electricals IPO subscribed?
Ans. The IPO was subscribed roughly 22 to 24 times overall by the close of bidding on 3 November 2026, and sources report slightly different final figures.
What is the issue price of the Johnsoncab Electricals IPO?
Ans. The price band was Rs 190 to Rs 200 per share, and the issue price was fixed at the upper end, Rs 200.
What is the lot size of the Johnsoncab Electricals IPO?
Ans. The lot size was 600 shares, and individual investors needed a minimum of two lots, or 1,200 shares, costing Rs 2,40,000.
Who is the registrar for the Johnsoncab Electricals IPO?
Ans. Maashitla Securities Private Limited is the registrar.
What does Johnsoncab Electricals do?
Ans. Johnsoncab Electricals manufactures low voltage wires and cables, including building wires, power cables, solar cables and submersible flat cables, at two plants in Mehsana, Gujarat.
Where can I check the Johnsoncab Electricals share price today?
Ans. You can check the Johnsoncab Electricals share price today on the BSE SME platform, or through the Univest platform.
Should I hold shares after the Johnsoncab Electricals IPO listing?
Ans. That depends on your own risk appetite and time horizon. Worth weighing the rapid growth and the double digit listing gain against customer concentration, unhedged copper prices and high debt before deciding whether to hold or book profit after the Johnsoncab Electricals IPO listing.
