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Johnsoncab Electricals IPOALLOTMENT
Johnsoncab Electricals Limited is a Mehsana-based manufacturer of low-voltage electrical wires and cables for power, renewable energy, railways and industrial applications.
- Open30 Oct
- Close3 Nov
- Allotment4 NovToday
- Refund5 Nov
- Demat5 Nov
- Listing6 Nov
Listing on
06 Nov 26
Allotment 04 Nov 26
Grey market premium
₹8(+4.00%)
Est. listing ~ ₹208
Overview
Price band
₹190-200
Lot size
600 shares
Minimum application 2 lots
Face value
₹10 / share
Issue type
Book Built Issue
Min. investment
₹2,40,000
2 lots · 1,200 shares
Listing at
BSE
Issue Size : 28,00,800 shares worth ₹56.02 Cr
- Fresh Issue : 28,00,800 shares worth ₹56.02 Cr
IPO Share Reservation
Total
94.94%
Lot size & investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | ₹2,40,000 |
| Retail (Max) | 2 | 1,200 | ₹2,40,000 |
| S-HNI (Min) | 3 | 1,800 | ₹3,60,000 |
| S-HNI (Max) | 8 | 4,800 | ₹9,60,000 |
| B-HNI (Min) | 9 | 5,400 | ₹10,80,000 |
Live GMP
GMP
₹8+4.00%
Exp. listing
₹208
Retail profit
₹9,6001,200 shares
HNI profit
₹14,4001,800 shares
Latest GMP
₹8
All-time high
₹13
All-time low
₹5
Subscription
- QIB20.19xQIB20.19xQualified Institutional BuyersShares offered 5,31,000Shares applied 1,07,19,000Bid amount ₹214 Cr
- NII (HNI)42.57xNII (HNI)42.57xNon-Institutional InvestorsShares offered 4,00,200Shares applied 1,70,34,600Bid amount ₹341 Cr
- S-HNI25.78xS-HNI25.78xSmall HNI · ₹2L – ₹10LShares offered 1,33,400Shares applied 34,38,600Bid amount ₹68.77 Cr
- B-HNI50.96xB-HNI50.96xBig HNI · above ₹10LShares offered 2,66,800Shares applied 1,35,96,000Bid amount ₹272 Cr
- Retail17.99xRetail17.99xRetail Individual InvestorsShares offered 9,33,000Shares applied 1,67,84,400Bid amount ₹336 Cr
- Total23.89xTotal23.89xAll categories combinedShares offered 18,64,200Shares applied 4,45,38,000Bid amount ₹891 Cr
Financials
| Period(₹ Cr) | Revenue | Expense | PAT | Assets | Borrowing |
|---|---|---|---|---|---|
| Mar 2024 | 88.95 | 7.04 | 2.52 | 48.44 | 32.81 |
| Mar 2025 | 140 | 11.54 | 5.46 | 64.28 | 41.79 |
| Mar 2026 | 211.34 | 16.36 | 13.42 | 126.64 | 79.88 |
| Aug 2026 | 113.33 | 8.58 | 8.63 | 132.07 | 77.57 |
KPI & Valuation
Key performance indicators
- ROE
- 24.14%
- PAT Margin
- 7.64%
- ROCE
- 21.55%
- EBITDA Margin
- 13.55%
- Debt to Equity Ratio
- 1.94
- Price to Book Value
- 3.88
- RoNW
- 21.54%
As of 31 Aug 2026
Valuation
- EPS Pre IPO
- ₹17.27
- EPS Post IPO
- ₹19.6
- P/E Pre IPO
- 11.58
- P/E Post IPO
- 10.2
Strengths & risks
Strengths
- Strong revenue and profit growth.
- Diversified cable product portfolio.
- Government and private-sector customers.
- Manufacturing expansion plans.
Risks
- Intense industry competition.
- Fluctuating raw material prices.
- High working capital requirements.
- Expansion execution risks.
Objects of the issue
| Purpose | Amount (₹ Cr) |
|---|---|
| Funding the capital expenditure requirements of the Company towards: Construction of additional Factory Shed for expansion. | 8.46 |
| Funding the capital expenditure requirements of the Company towards: Plant & Machinery a) Purchase of additional plant & machinery for increasing the production capacity. | 9.9 |
| Funding the capital expenditure requirements of the Company towards: Plant & Machinery b) Purchase new machinery to manufacture “Paper Insulated Copper / Aluminium Conductors”. | 8.5 |
| Funding the capital expenditure requirements of the Company towards: Plant & Machinery Purchase and set up a rooftop solar power plant. | 3.23 |
| Additional Working Capital Requirement. | 14 |
| General Corporate Purposes. | - |
Promoter Holdings
Company Promoter(s)
- Chandreshkumar Shankerlal Patel
- Anjal Chandreshkumar Patel
- Bhavanaben Chandreshkumar Patel
Registrar & contacts
Registrar
Maashitla Securities Pvt.Ltd.
Company
Johnsoncab Electricals Limited
- Survey No. 930, Jagudan Char Rasta, At Linch, Jagudan, Mehsana, Gujarat, 382710
- 96387 54022
- office@johnsoncables.com
- https://www.johnsoncables.com/
Documents
Lead managers
About Johnsoncab Electricals
Johnsoncab Electricals Limited is a Mehsana, Gujarat-based manufacturer of low-voltage electrical wires and cables (up to 1.1 kV) used in power infrastructure, transmission and distribution, renewable energy, railways and industrial applications. Established as M/s. Johnson Cables in 2012, the company manufactures and sells its products under the “JOHNSON CABLES” brand, serving private-sector customers and government entities.
The company's product portfolio includes:
- Power Cables: Used in electricity distribution and industrial installations.
- Housing and Building Wires: Used in residential and commercial electrical wiring.
- Industrial Control Cables: Used in industrial machinery, automation and control systems.
- Solar / Photovoltaic Cables: Used in solar power installations.
- Submersible Flat Cables: Used in water pumps and agricultural irrigation.
- Welding Cables: Used in industrial welding and fabrication.
The company operates two manufacturing facilities in Mehsana, Gujarat, with a combined installed capacity of 79,950 km per annum as of FY2026. Its facilities are equipped for wire drawing, annealing, bunching, insulation, extrusion, testing and packaging. The company supplies products through direct orders, tenders and vendor approvals, supported by ISO and BIS certifications.
As of September 30, 2026, the company had 193 employees, including 79 permanent and 114 contractual employees.