Johnsoncab Electricals IPO – Company Analysis
Johnsoncab Electricals IPO is a bookbuild issue of Rs. 56.02 Cr (28.01 lakh shares) by Johnsoncab Electricals Limited, which is 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 IPO Details
The Johnsoncab Electricals IPO date is 30 Oct 2026; its initial public offering will end on 03 Nov, IPO allotment on Nov 04 and refund initiation on Nov 05, 2026. The Rs. 56.02 crore new SME IPO comprises a wholly fresh issue of 28.01 lakh shares.
The Johnsoncab Electricals IPO listing date (expected) might be Friday, Nov 06, 2026, and the listing on the BSE and SME.
Johnsoncab Electricals IPO price band is Rs. 190 to Rs. 200.
|
Events |
Date |
|
IPO Opening Date |
Oct 30, 2026 |
|
IPO Closing Date |
Nov 03, 2026 |
|
IPO Allotment Date |
Nov 04, 2026 |
|
Refund Initiation |
Nov 05, 2026 |
|
IPO Listing Date |
Nov 06, 2026 |
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Company Financial
(Amount in Cr)
|
Period |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Assets |
126.64 |
64.28 |
48.44 |
|
Total Income |
211.34 |
140.00 |
88.95 |
|
Profit After Tax |
13.42 |
5.46 |
2.52 |
|
EBITDA |
24.06 |
12.14 |
5.42 |
|
Net Worth |
31.44 |
14.24 |
8.88 |
|
Reserves & Surplus |
23.67 |
11.24 |
5.88 |
Cash Flows
(Amount in Lac)
|
Net Cash Flow |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Net Cash Flow Operating Activities |
(1,970.06) |
(173.07) |
(426.57) |
|
Net Cash Flow Investing Activities |
(1,669.49) |
(338.90) |
(990.83) |
|
Net Cash Flow Financing Activities |
3,665.39 |
516.41 |
1,412.55 |
Revenue Bifurcation
(Rs. in Lac)
(Source: RHP)
The Objective of the Issue
The Company desires to use the Net Proceeds from the Issue to fulfill its following goals:
-
Funding the capital expenditure requirements of the Company towards: Construction of an additional Factory Shed for expansion. ~ Rs. 7.89 Cr.
-
Funding the capital expenditure requirements of the Company towards: Plant & Machinery a) Purchase of additional plant & machinery for increasing the production capacity. ~ Rs. 9.90 Cr.
-
Funding the capital expenditure requirements of the Company towards: Plant & Machinery b) Purchase of new machinery to manufacture “Paper Insulated Copper / Aluminium Conductors”. ~ Rs. 6.89 Cr.
-
Funding the capital expenditure requirements of the Company towards: Plant & Machinery Purchase and set-up of a rooftop solar power plant. ~ Rs. 3.23 Cr.
-
Additional Working Capital Requirement. ~ Rs. 14 Cr.
Listed Peers of Johnsoncab Electricals Ltd.
|
Name of the Company |
Face Value |
Basic EPS (₹) |
P/E Ratio (x) |
|
Prime Cable Industries Limited |
5 |
6.68 |
27.31 |
|
JD Cables Ltd. |
10 |
14.07 |
14.78 |
|
Susan Electricals India Ltd. |
10 |
11.96 |
20.19 |
Valuation
|
KPI |
Value (Mar 31, 2026) |
|
ROE |
58.75% |
|
ROCE |
39.68% |
|
Debt/Equity |
2.54 |
|
RoNW |
42.68% |
|
PAT Margin |
6.38% |
Evaluation of P/E Ratio
Considering the period ended on FY 2026 with an EPS of Rs. 17.81 from the last year, the resulting P/E ratio is 11.22x.
|
Valuation Metric |
Pre IPO |
Post IPO |
|
EPS (₹) |
17.27 |
12.69 |
|
P/E (x) |
11.58 |
15.76 |
Explore the Core4 Engineers IPO.
IPO's 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.
IPO's Weaknesses
-
Dependence on Raw Material Prices
-
Competition from Domestic and Multinational Players
-
Substantial Investment in Working Capital.
Johnsoncab Electricals IPO GMP (Grey Market Premium)
Johnsoncab Electricals IPO GMP today is Rs. 0 as of 27 October 2026, while writing this information.
Johnsoncab Electricals IPO Summary
|
IPO Opening & Closing Date |
30 Oct, 2026 to 03 Nov, 2026 |
|
Face Value |
Rs. 10 per Share |
|
Issue Price |
Rs. 190 to Rs. 200 per Share. |
|
Lot Size |
600 Shares |
|
Issue Size |
28,00,800 Shares (Rs. 56 Cr) |
|
Offer for Sale |
- |
|
Fresh Issue |
26,59,200 Shares (Rs. 53 Cr) |
|
Market Makers |
1,41,600 Shares (Rs. 3 Cr) |
|
Issue Type |
Bookbuild Issue |
|
Registrar |
Maashitla Securities Pvt. Ltd. |
IPO Lot Details
Retail investors can invest in a minimum and maximum of 2 Lots (1200 Shares) for Rs. 2,40,000, and in multiples thereof, while HNI investors can invest in a minimum of 3 Lots (1800 Shares) for Rs. 3,60,000.
|
Minimum Lot Investment (Retail) |
2 Lots |
|
Maximum Lot Investment (Retail) |
2 Lots |
|
HNI (Min) |
3 Lots |
Johnsoncab Electricals IPO Allotment Status
To check the Johnsoncab Electricals IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.
Using BSE Website - BSE IPO allotment status
Promoters And Management of Johnsoncab Electricals Ltd.
-
Chandreshkumar Shankerlal Patel
-
Anjal Chandreshkumar Patel
-
Bhavanaben Chandreshkumar Patel.
|
Pre-Issue Promoter Shareholding |
100% |
|
Post-Issue Promoter Shareholding |
73.5% |
IPO Lead Managers
ISK Advisors Pvt. Ltd.
Dividend Policy
The company has not paid a dividend during the last three FYs.
Conclusion
Johnsoncab Electricals IPO 2026 opens from October 30 to November 3, 2026, with a price band of ₹190-₹200 per share. Explore the company’s financial performance, valuation, business strengths, raw material price risks, and working capital requirements before investing. Check the latest Johnsoncab Electricals IPO GMP, allotment status, listing date, and lot size to make an informed investment decision.
Finowings IPO Analysis
Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.
You must consult your financial advisor before making any financial decisions.
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To read the Prospectus of the company, click here to download the DRHP & RHP.
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DISCLAIMER: DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is only for educational purposes. Always discuss with your SEBI-registered financial advisor for investment-related decisions.
