Johnsoncab Electricals IPO
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Johnsoncab Electricals IPO details
Schedule of Johnsoncab Electricals
| Issue open date | 30 Oct 2026 |
| Issue close date | 03 Nov 2026 |
| UPI mandate deadline | 03 Nov 2026 (5 PM) |
| Allotment finalization | 04 Nov 2026 |
| Refund initiation | 05 Nov 2026 |
| Share credit | 05 Nov 2026 |
| Listing date | 06 Nov 2026 |
| Mandate end date | 18 Nov 2026 |
| Lock-in end date for anchor investors (50%) | 03 Dec 2026 |
| Lock-in end date for anchor investors (remaining) | 01 Feb 2027 |
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 Johnsoncab Electricals
Johnsoncab Electricals manufactures low-voltage wires and cables up to 1.1 kV for power infrastructure, renewable energy, railways, and industrial applications. The company generates revenue by producing and supplying control cables, power cables, industrial single- and multicore control cables, building wires, and special-purpose cables such as solar, submersible flat, and welding cables under the JOHNSON CABLES brand name. With two manufacturing facilities located in Mehsana, Gujarat, possessing an installed capacity of 79,950 kilometers, the company is equipped for wire drawing, annealing, bunching, insulation, extrusion, testing, and packaging. It serves government entities and private-sector clients through direct customer engagements, vendor approvals, and participation in competitive tenders. In addition, the company holds an Indian patent for three-core double-insulated flat cables for submersible pumps, enhancing its product differentiation in specialized electrical application segments across key domestic infrastructure markets.
Financials of Johnsoncab Electricals
Issue size
| Funds Raised in the IPO | Amount (₹ crores) |
| Total issue size | 56.02 |
| Fresh Issue – Proceeds go to the company | 56.02 |
Utilisation of Proceeds
| Purpose | INR crores (%) |
|---|---|
| Construction of additional factory shed for expansion | 8.46 (15.10%) |
| Purchase of additional plant and machinery to increase capacity | 9.38 (16.74%) |
| Purchase of new machinery to manufacture paper-insulated conductors | 7.33 (13.09%) |
| Purchase and setup of rooftop solar power plant |
3.23 (5.77%) |
| Funding working capital requirements | 14 (24.99%) |
| Issue expenses and general corporate purposes | 8.55 (30.64%) |
Strengths
- Scalable business model with consistent multi-year operational revenue growth.
- Continuous capital expenditure in manufacturing plants to expand capacity.
- Diversified customer base across government tenders and private entities.
- Integrated manufacturing infrastructure supporting end-to-end cable production.
- Broad product portfolio with specialized patent-backed submersible cable solutions.
Risks
- Lack of long-term supply contracts exposes operations to raw material price volatility.
- Substantial working capital needs may strain operational liquidity if unfulfilled.
- High dependence on timely execution of ongoing capacity expansion projects.
- Manufacturing processes involve high-heat operations vulnerable to workplace disruptions.
- Outstanding borrowing levels expose profitability to prevailing interest rate hikes.