JD Cables IPO
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Schedule of JD Cables
| Issue open date | 18 Sep 2025 |
| Issue close date | 22 Sep 2025 |
| UPI mandate deadline | 22 Sep 2025 (5 PM) |
| Allotment finalization | 23 Sep 2025 |
| Refund initiation | 24 Sep 2025 |
| Share credit | 24 Sep 2025 |
| Listing date | 25 Sep 2025 |
| Mandate end date | 07 Oct 2025 |
| Lock-in end date for anchor investors (50%) | 23 Oct 2025 |
| Lock-in end date for anchor investors (remaining) | 23 Dec 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About JD Cables
JD Cables is engaged in manufacturing electrical transmission and distribution cables including Power Cables, Control Cables, Aerial Bunched Cables, Single-core Service Wires and conductors such as All Aluminium Conductor (AAC), All Aluminium Alloy Conductor (AAAC), and Aluminium Conductor Steel Reinforced (ACSR). Incorporated in 2015, the company operates two manufacturing units in Howrah and Hooghly, West Bengal, with advanced infrastructure and testing facilities. JD Cables serves India’s growing power infrastructure needs and is an approved vendor for various State Electricity Boards across Assam, Odisha, Jharkhand, Bihar, West Bengal, and other states.
Financials of JD Cables
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹95.99 crores |
| Fresh issue | ₹84.41 crores |
| Offer for sale | ₹11.58 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Funding working capital requirements | 45.00 (53.3%) |
| Repayment/prepayment of all or certain of borrowings | 26.00 (31%) |
|
General Corporate Purposes |
13.41 (15.7%) |
Strengths
- Established presence across eastern states including Assam, Odisha, Jharkhand, Bihar, and West Bengal
- Modern manufacturing facilities in Howrah and Hooghly with advanced testing capabilities
- Strong operational efficiency with experienced team of 32 engineers and skilled labour
Risks
- Heavy dependence on government and state electricity boards for major portion of revenue
- Intense competition in cables and conductors market with established players
- Raw material price volatility particularly copper and aluminium affecting input costs
- Cyclical nature of power infrastructure spending impacting demand patterns
- Geographic concentration risk with primary operations focused on eastern India
- Working capital intensive business model requiring continuous funding support
Allotment Status for JD Cables
To check your allotment status – click here.