Johnsoncab Electricals IPO
Johnsoncab Electricals IPO details
| Bidding dates | 30 Oct 2026 to 03 Nov 2026 |
| Price band | ₹190 – ₹200 |
| Lot size | 600 shares |
| Minimum amount | ₹2,40,000 (2 lots, 1,200 shares) |
| Issue size | ₹56.02 Cr |
| Issue type | Fresh issue |
| Listing on | BSE SME |
| Allotment date | 04 Nov 2026 |
| Listing date | 06 Nov 2026 |
| Registrar | Maashitla Securities Pvt. Ltd. |
Key dates
Johnsoncab Electricals IPO GMP today
As of 05 Nov 2026. GMP is an unofficial grey market quote, not a price set by any exchange or regulator. It can change quickly or turn out wrong. Estimated listing price = upper price band + GMP.
Johnsoncab Electricals IPO subscription status
Final subscription
Johnsoncab Electricals IPO allotment status
Allotment is due on 04 Nov 2026. Registrar: Maashitla Securities Pvt. Ltd. Open the registrar’s allotment page.
Updated 05 Nov 2026. Information only, not a recommendation to apply.
About Johnsoncab Electricals
Johnsoncab Electricals makes low-voltage wires and cables (up to 1.1 kV), including power, building, control, submersible, solar and welding cables, under the Johnson Cables brand. It runs two plants in Mehsana, Gujarat, with combined installed capacity of 79,950 km a year as of FY26. It sells to both private buyers and government bodies such as railways and state power utilities, and was incorporated as a company in November 2020.
| Headquarters | Mehsana, Gujarat |
| Founded | 2020 |
| Key person | Chandreshkumar Shankerlal Patel, Managing Director |
| Website | https://www.johnsoncables.com |
Johnsoncab Electricals financials
All figures in ₹ Cr. Restated, revenue from operations; FY ends 31 March. Total assets from Chittorgarh and 5paisa summaries of the offer document. FY24 revenue is 88.34 per Groww (5paisa shows 88.33).
| Year | Revenue | Profit after tax | Total assets |
|---|---|---|---|
| FY24 | 88.34 | 2.52 | 48.44 |
| FY25 | 139.79 | 5.46 | 64.28 |
| FY26 | 210.47 | 13.42 | 126.64 |
Key performance indicators
Basis FY26 (year to 31 Mar 2026). EBITDA margin = 24.06/210.47 and PAT margin = 13.42/210.47 (both match published figures). ROE matches PAT over average net worth (31.44 and 14.24 Cr). Debt/equity = borrowings 79.88 Cr / net worth 31.44 Cr. EPS and NAV tie to the pre-issue share count implied by the 211.42 Cr market cap at 200. P/E = 200 / pre-IPO EPS 17.27 (own calculation).
| Indicator | Value |
|---|---|
| ROE % | 58.75 |
| EBITDA margin % | 11.43 |
| PAT margin % | 6.38 |
| Debt to equity | 2.54 |
| EPS pre-IPO ₹ | 17.27 |
| NAV per share ₹ | 40.47 |
| P/E at upper band | 11.58 |
Objects of the Johnsoncab Electricals IPO
| Purpose | Estimated amount |
|---|---|
| Additional factory shed for expansion | To be decided |
| Purchase of additional plant and machinery to raise capacity | ₹9.90 Cr |
| Machinery for paper insulated copper/aluminium conductors | To be decided |
| Rooftop solar power plant | ₹3.23 Cr |
| Additional working capital | ₹14.00 Cr |
| General corporate purposes | To be decided |
Strengths and risks
Points drawn from the offer document and news reports. They are facts to read, not advice.
Strengths
- Revenue grew from ₹88.34 Cr in FY24 to ₹210.47 Cr in FY26 and PAT from ₹2.52 Cr to ₹13.42 Cr.
- Installed capacity reached 79,950 km a year in FY26 across two plants.
- Sells to both private customers and government bodies; public-sector and state agencies were about 19% of FY26 revenue.
- Product range spans building wire, industrial and control cables, submersible and solar cables, and holds vendor approvals with entities such as Western Railway and UGVCL.
Risks
- Borrowings of ₹79.88 Cr at FY26 are about 2.5 times net worth, so interest costs and repayment matter.
- Both plants are in Mehsana, Gujarat, so operations are concentrated in one location.
- Heavy working-capital needs; the offer document stresses copper and aluminium price swings on margins.
- Part of the proceeds goes to expansion that depends on timely commissioning and customer demand.
Lead managers and registrar
| Lead manager(s) | ISK Advisors Private Limited |
| Registrar | Maashitla Securities Private Limited |
| Face value | ₹10 per share |
Johnsoncab Electricals IPO: frequently asked questions
What is the issue size of the Johnsoncab Electricals IPO?
The Johnsoncab Electricals IPO is a fresh issue of ₹56.02 Cr.
What are the open and close dates of the Johnsoncab Electricals IPO?
Bidding opens on 30 Oct 2026 and closes on 03 Nov 2026.
What is the price band of the Johnsoncab Electricals IPO?
The price band is ₹190 – ₹200 per share.
What is the lot size and minimum investment in the Johnsoncab Electricals IPO?
One lot is 600 shares. Individual investors in an SME IPO must apply for at least 2 lots, so the minimum application is ₹2,40,000 (2 lots, 1,200 shares).
When is the Johnsoncab Electricals IPO allotment date?
Allotment is expected on 04 Nov 2026. You can check it on the registrar’s website (Maashitla Securities Pvt. Ltd.) or through your broker.
Where will the Johnsoncab Electricals IPO list?
The shares are proposed to list on BSE SME, with a listing date of 06 Nov 2026.
What is the GMP of the Johnsoncab Electricals IPO?
GMP is an unofficial grey market quote that changes every day. See the latest value, with the date, in the GMP section at the top of this page. It does not guarantee the listing price.
Sources: groww.in, www.chittorgarh.com, www.5paisa.com, upstox.com, chanakyanipothi.com.
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