JD Cables Ltd IPO

LISTED

SME

NSE • Lot Size: 800 • Cables

Issue₹152

→

Listed₹160+5%

→

Now₹209+37.5%

↑37.5%

*Last updated on 11 Jan 2026

Price Band

₹144 - ₹152

Lot Size

800

Issue Size

₹95.99 Cr

GMP

N/A

Subscription

127.78x

Analyzing...

IPO Schedule

Open

18 Sept 2025

22 Sept 2025

Allotment

23 Sept 2025

Listing

25 Sept 2025

About JD Cables Ltd

JD Cables Ltd is an SME engaged in the manufacturing and supply of cables. The company focuses on a range of cable products catering to various industrial and infrastructural needs.

Key Strengths

High Return on Equity (ROE) of 117.17% indicates efficient utilization of shareholder funds and strong profitability.
Relatively low Price-to-Earnings (P/E) ratio of 11.66 suggests the IPO may be attractively priced compared to industry peers.
Established presence in the cable manufacturing sector.
Focus on diverse cable products catering to different industries.
SME listing can provide growth opportunities and access to capital for expansion.

Risk Factors

•SME IPOs are generally more volatile and carry higher risk compared to mainboard IPOs.
•Dependence on raw material prices, which are subject to fluctuations.
•Competition from larger and more established players in the cable industry.

Valuation Analysis

The IPO appears reasonably valued based on its P/E ratio, especially considering the high ROE; however, investors should carefully consider the inherent risks associated with SME IPOs and conduct thorough due diligence.