Johnsoncab Electricals Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 20.19x | 531,000 | 10,719,000 | ₹11 Cr |
| NII (HNI) | 42.27x | 399,600 | 16,893,000 | ₹8 Cr |
| Retail | 17.98x | 933,600 | 16,784,400 | ₹19 Cr |
| Market Maker | — | 141,600 shares (agg. up to ₹3 Cr) | — | ₹3 Cr |
| Σ Total | 23.82x | 1,864,200 | 44,396,400 | ₹37 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹120,000 |
| Retail (Max) | 13 | 7,800 | ₹1,560,000 |
| S-HNI (Min) | 14 | 8,400 | ₹1,680,000 |
| B-HNI (Min) | 67 | 40,200 | ₹8,040,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 211 | 140 | 89 |
| EBITDA | 24 | 12 | 5 |
| Profit After Tax | 13 | 5 | 3 |
| Net Worth | 31 | 14 | 9 |
| Total Assets | 127 | 64 | 48 |
| Reserves & Surplus | 24 | 11 | 6 |
| Total Borrowing | 80 | 42 | 33 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding the capital expenditure requirements of the Company towards: Construction of additional Factory Shed for expansion – 7.89
- Funding the capital expenditure requirements of the Company towards: Plant & Machinery a) Purchase of additional plant & machinery for increasing the production capacity – 9.90
- Funding the capital expenditure requirements of the Company towards: Plant & Machinery b) Purchase new machinery to manufacture “Paper Insulated Copper / Aluminium Conductors” – 6.89
- 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 – 14.00
- General Corporate Purposes –
Company Overview
Incorporated in November 2020, Johnsoncab Electricals Limited is engaged in the manufacturing of low voltage wires and cables up to 1.1 kV, catering to power infrastructure, transmission and distribution, renewable energy, railways and allied industrial applications. The company manufactures and sells its products under the brand name “JOHNSON CABLES” and caters to both private sector customers and government entities.
The company has a diversified product portfolio comprising control cables, power cables, industrial single and multicore control cables, housing and building wires, welding cables, solar/photovoltaic cables and submersible flat cables. It operates two manufacturing facilities in Mehsana, Gujarat, with a combined installed capacity of 79,950 KMS per annum as of Fiscal 2026. The manufacturing facilities are equipped with machinery for wire drawing, annealing, bunching, insulation, extrusion, testing and packaging.
Johnsoncab Electricals serves customers through direct orders, tender participation and vendor approval processes, with its products supported by ISO and BIS certifications. The company continues to invest in manufacturing infrastructure and product innovation to support its growth.
As of March 31, 2026, the company had 167 employees across various functions including production, operations, quality assurance, sales and marketing, supply chain, finance and administration.
Strengths
- Consistent growth in revenue demonstrating business scalability.
- Continued investment in manufacturing infrastructure.
- Ability to serve both government and private sector customers.
- Diversified portfolio of low voltage wires and cables.
- Product innovation supported by intellectual property.
- Established vendor approvals and eligibility for government tenders.
- ISO and BIS certified products and quality standards.