Johnsoncab Electricals
06 Nov '26SME
Min. Investment
₹2,28,000
Issue size
₹56.02 Cr
GMP
Locked
Overall subscription: 0.6x
Expert verdict
IPO dates
30 Oct
Opening
03 Nov
Closing
06 Nov
Listing
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1200 | ₹2,40,000 |
Subscription (as on 30 October 2026, 02:01 PM)
Overall0.6x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2012|MD: Mr. Chandreshkumar Shankerlal Patel
- Johnsoncab Electricals Limited is engaged in the manufacturing of low-voltage wires and cables with voltage ratings of up to 1.1 kV. The company was originally established as a partnership firm in 2012 and manufactures and sells its products under the brand name ‘Johnson Cables.'
- Its product portfolio includes power cables, housing and building wires, industrial single-core and multicore control cables, submersible flat cables, solar and photovoltaic cables, and welding cables. These products are used across sectors such as power generation, transmission and distribution, renewable energy, railways, construction, manufacturing, agriculture and industrial operations.
- The company operates two manufacturing units in Mehsana, Gujarat, with a combined annual installed capacity of 79,950 kilometres as of FY26. Its manufacturing processes include wire drawing, annealing, bunching, insulation, extrusion, testing, and packaging. The company serves private sector customers and government entities through direct orders, tenders, and vendor approval processes.
- Use of proceeds:
- The IPO is a fresh issue of shares. The proceeds from the issue will be utilised for the following purposes:
- Funding the capital expenditure requirements of the company towards
- Construction of additional factory shed for expansion - Rs 7.89 crore
- Purchase of additional plant & machinery for increasing the production capacity - Rs 9.38 crore
- Purchase of new machinery to manufacture paper-insulated copper/aluminium conductors - Rs 5.72 crore
- Purchase and set up a rooftop solar power plant - Rs 3.23 crore
- Additional working capital requirement - Rs 14 crore
- General corporate purposes
Issue Details & Objective
Lot size
600 Shares
Price band
₹190 to 200
Face value
₹10 per share
Financials
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Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Johnsoncab Electricals IPO is ₹56.02 Cr
The Johnsoncab Electricals IPO will be open for applications from 30 Oct '26 to 03 Nov '26
The lot size of Johnsoncab Electricals IPO is 600 Shares and its minimum investment amount is ₹2,28,000.
