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Home › IPO › Johnsoncab Electricals Ltd
SME NSE • BSE Financial Services

Johnsoncab Electricals Ltd IPO

Tech-led NBFC delivering AI/ML driven retail credit across Tier-2 & Tier-3 India.

Listed
Price Band ₹200 per share per share
Lot Size 1200 Shares
Min. Investment ₹240000
Issue Size ₹56.02 Cr
Face Value ₹10
IPO Open 30 October 2026
IPO Close 03 November 2026
Allotment 04 Nov 2026
Listing 06 Nov 2026
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Live demand

Subscription status for Johnsoncab Electricals Ltd IPO

As of 11 Nov 26, 10:22 AM. Will get Updated in every 30 minutes

QIB -

Qualified Institutional Buyers

NII -

Non-Institutional Investors

Retail -

Retail Individual Investors

Total -

Across all investor categories

Key dates

IPO schedule for Johnsoncab Electricals Ltd

From the day bidding opens to listing — every milestone you need to track.

IPO Open 30 Oct 2026
IPO Close 03 Nov 2026
Allotment 04 Nov 2026
Refund / Unblock 05 Nov 2026
Listing 06 Nov 2026
About the company

Who is Johnsoncab Electricals Ltd ?

Johnsoncab Electricals Limited was originally established as a partnership firm in 2012 under the name M/s. Johnson Cables. Over the years, the partnership firm underwent various reconstitutions and was subsequently converted into a Private Limited Company as Johnsoncab Electricals Private Limited on November 12, 2020. Thereafter, the Company was converted into a Public Limited Company and name of the Company was changed to Johnsoncab Electricals Limited on December 05, 2025.

JEL manufacture low voltage wires and cables (LV Cables), which are designed to operate at or below voltages up to 1.1 KV. The manufacturing process involves several stages which include drawing of copper or aluminium Rods, Annealing, Stranding, insulated with PVC or XLPE, Armouring, Testing and Packaging. The product portfolio includes Control Cables, Power cables, Industrial Single and Multicore Control Cables, Housing/ Building Wires and Special-purpose Power Cables including Welding Cable, Solar / Photovoltaic Cables, Submersible Flat Cables.

The first manufacturing facility of our company, Unit-I was established in 2012. At the time of commencement, the unit started with limited extrusion lines and employees. Initially only Basic Low Voltage Cables were manufactured. As part of expanding and modernizing the total manufacturing capabilities, Unit-II became operational since 2024.

Initially, the Company started Unit-II to support demand of LT XLPE Armoured and Unarmoured Power and control Cables. Subsequently, it widened the product range to project-based cable requirements including Welding Cables, Submersible Cables, and Photovoltaic Solar DC Cables.

Company caters to both private sector customers and government entities and mainly operate two manufacturing units (Unit I and Unit II) located in Mehsana, Gujarat, having the combined installed capacity of 79,950 KMS per annum w.e.f. June 1, 2026.

The Company has filed a Draft Prospectus with SEBI & is planning for IPO of 28,00,800 Equity Shares of Rs 10 each through Fresh Issue.

Financial track record

Financials at a glance

Three-year trajectory of revenue, profit and assets — restated as per the RHP.

Revenue PAT Total Assets
FY 2026
FY 2025
FY 2024
Metric (₹ Cr)FY 2026FY 2025FY 2024
Total Income211.34140.0088.95
EBITDA25.3512.466.14
PAT13.425.462.52
AUM126.6464.2848.44

Strengths & Risks

A balanced look at what works in the company's favour and what investors should watch.

Strengths

  • Consistent growth in revenue from operations demonstrating business scalability.
  • Continued investment in manufacturing infrastructure to support future growth.
  • Ability to serve both government and private sector customers.
  • Product Innovation Supported by Intellectual Property (Patent).
  • Established Vendor Approvals and Eligibility to Participate in Government Tenders.

Risks

  • The company has not entered into long-term agreements with most of its raw material suppliers. If the company is unable to procure adequate quantities of raw materials or at competitive prices, its business, results of operations and financial condition may be adversely affected. Any increase or fluctuation in prices of the company's raw materials, may have a material adverse effect on its business, results of operations and financial condition.
  • The company's business is dependent on a few customers and the loss of, or a significant reduction in award of contracts by such customers could adversely affect its business.
  • The Company's manufacturing activities are employee intensive and are subject to labour laws and any strike, work stoppage or increased wage demand by its employees or any other kind of disputes with the company's employees or high attrition could adversely affect its business, financial condition, results of operations and cash flows.
  • The Company does not own the land on which premises of its registered office and manufacturing units are situated and both the land are on long term lease arrangement. The company's depot is also operated from lease premised. Any termination of such lease/license thereof and attachment by land owner could adversely affect its operations.
  • The company generates its major portion of sales from the company operations in certain geographical regions especially Gujarat, Rajasthan, West Bengal and Uttar Pradesh. Any adverse developments affecting its operations in these regions could have an adverse impact on the company's revenue and results of operations.
  • As of August 31, 2026, its debt-to-equity ratio is high at 1.94. The company has availed a substantial debt amounting to Rs. 7756.89 Lakhs as of August 31, 2026. Any inability to service this debt or adhere to the covenants stipulated in its financing agreements could materially and adversely impact the company's business operations, financial condition, and overall performance.
  • The company's business is subject to seasonality in the industries in which its customers operates, which may contribute to fluctuations in the company's results of operations and financial condition.
  • The company may incur penalties or liabilities for non-compliance or delay in compliance with certain provisions of GST Act, Income tax and other applicable laws in the last three years.
  • The Company has, in the past, experienced delays in the filing of certain forms with the Registrar of Companies (ROC) as required under the Companies Act, 2013.
  • While the company supply to varied end-user industries, over 25 % of its revenues are from Railway and Renewable Energy industry during the preceding three Fiscals. Any downturn in this industries and the other industries in which the company's customers operates, may create an adverse impact on its revenue from operations, cash flows and financial condition

Johnsoncab Electricals Ltd IPO — frequently asked questions

The Johnsoncab Electricals Ltd IPO opens on 30 October 2026 and closes on 03 November 2026. Bidding is accepted from 10:00 AM on the open date until 5:00 PM on the close date. The IPO is available to all eligible investors including retail individual investors, non-institutional investors, and qualified institutional buyers.
The price band for Johnsoncab Electricals Ltd IPO is Rs 200 to Rs 200 per share. The lot size is 1200 shares per lot, requiring a minimum investment of Rs 240000 at the upper price band. Investors must apply for a minimum of one lot and can apply for up to 1200 lots as per SEBI guidelines.
You can apply for the Johnsoncab Electricals Ltd IPO through the Chola Securities app or web platform using UPI or ASBA. Log in to your account, navigate to the IPO section, select Johnsoncab Electricals Ltd from the open IPOs list, enter your bid quantity and price within the price band, and submit your application. You need an active demat account, a linked bank account, and a valid PAN to apply. Bidding closes on 03 November 2026 at 5:00 PM.
Allotment for Johnsoncab Electricals Ltd IPO is scheduled on 04 Nov 2026. Refunds or unblocking of funds for unsuccessful applicants will be processed on 05 Nov 2026. The shares are expected to list on 06 Nov 2026. You can check your allotment status on the Chola Securities IPO page or through the registrar's website using your PAN.
Chola Securities' research team has reviewed the Johnsoncab Electricals Ltd IPO based on the company's financials, business model, valuation, and sector outlook. The recommendation is available on this page. Investors are advised to read the full IPO note along with the company's Red Herring Prospectus before making an investment decision.
Yes, you can revise or withdraw your Johnsoncab Electricals Ltd IPO bid before the subscription window closes on 03 November 2026 at 5:00 PM. Revisions can include changing the quantity or price within the allowed price band. To withdraw, cancel your application through the platform before the closing time. Once the subscription period ends, no further changes are permitted.
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