JD Cables IPO opens on September 18, 2025, and closes on September 22, 2025, offering shares in the price band of ₹144 to ₹152 each and aiming to raise up to ₹95.99 crore. The company, headquartered in Kolkata, specializes in manufacturing cables and conductors and has shown strong revenue growth, jumping to ₹250.7 crore in FY 2025. JD Cables IPO is positioned to benefit from infrastructure and power sector investment, offering investors a fast-growing company expanding its product footprint and scaling up operations.
₹20
₹152
₹160.00
Expert Opinions
Market sentiment around JD Cables IPO is cautiously optimistic as investors recognize the company’s growing footprint in the cables and conductors sector. The company’s strengths include robust revenue growth, a diversified product portfolio, and strategic positioning in Kolkata with access to multiple markets. Challenges comprise stiff competition, working capital management, and industry cyclicality.
Valuation analysis of the financial year 2025 for JD Cables IPO reveals a strong Return on Equity (ROE) of 117.17%, Return on Capital Employed (ROCE) of 43.64%, and a Net Asset Value (NAV) of ₹18.12, indicating solid profitability and efficient capital use. For long-term investors, JD Cables offers attractive growth potential driven by infrastructure development and power sector expansion, while short-term investors should consider market volatility and sector risks.
Investor Considerations
JD Cables IPO has exhibited strong company performance with revenue increasing from ₹100.85 crore in FY 2024 to ₹250.70 crore in FY 2025, alongside significant profit growth reflecting efficient operations. The cables and wires sector outlook remains positive, driven by expanding infrastructure, real estate, and power sector demand across India. The JD Cables IPO valuation for FY 2025 shows a high Price to Book Value of 32.14, a PAT margin of 8.84%, and a Debt to Equity ratio of 1.53, indicating strong profitability with moderate leverage.
Growth prospects center on capacity expansion, increasing market penetration, and benefiting from government infrastructure projects. Risks include raw material price volatility, sector competition, and leverage-related financial risks. The IPO suits investors with long-term goals seeking exposure to infrastructure-driven industrial growth, while short-term investors should be cautious of market fluctuations.
| Date | GMP | Trend |
|---|---|---|
| 24 Sep 2025 20.58 | ₹20 | Down |
| 23 Sep 2025 10.34 | ₹40 | --- |
| 22 Sep 2025 12.03 | ₹40 | --- |
| 21 Sep 2025 19.18 | ₹40 | --- |
| 20 Sep 2025 13.27 | ₹40 | --- |
| 19 Sep 2025 11.18 | ₹40 | Up |
| 17 Sep 2025 15.26 | ₹25 | --- |
| 16 Sep 2025 20.24 | ₹25 | --- |
| 15 Sep 2025 11.39 | ₹25 | Up |
| 13 Sep 2025 11.04 | ₹20 | --- |
| 12 Sep 2025 15.58 | ₹20 | --- |
FAQs
JD Cables IPO Current GMP is ₹20.
JD Cables IPO Expected Returns is 13.16%.
JD Cables IPO estimated listing price is ₹172.