Johnsoncab Electricals IPO: ₹56 Cr Issue Size, Price Band ₹190–₹200 & Dates

MUMBAI / NEW DELHI, OCTOBER 29, 2026 — During trading on Thursday, October 29, 2026, Johnsoncab Electricals Limited formalized its capital market schedule for an initial public offering (IPO) aggregating approximately ₹56.02 Crore on the SME platform. The issue opens for public subscription on Friday, October 30, 2026, and closes on Tuesday, November 03, 2026, with a fixed price band of ₹190 to ₹200 per equity share.

Johnsoncab Electricals IPO Dates, Issue Schedule & Bidding Timeline

According to offer documents filed with market authorities, the bidding schedule operates under the standard framework of the SME platform. Investors tracking the live IPO calendar and bidding schedule must register mandates through Application Supported by Blocked Amount (ASBA), which guarantees capital remains in the bidder’s bank account until final share allotment.

Johnsoncab Electricals IPO Price Band, Issue Structure & Valuation Snapshot

The public issue comprises a total capital raise of approximately ₹56.02 Crore, priced between ₹190 and ₹200 per equity share. Regulatory disclosures submitted via official exchange repositories show that the proceeds are planned for working capital augmentation and corporate expansion requirements.

Grey Market Premium (GMP) Tracking & Price Discovery

Tracking data across primary market observers, including Chittorgarh and IPOWatch, indicates that grey market premium (GMP) discovery for Johnsoncab Electricals is in its initial formative phase as bidding opens on October 30. Unofficial forward bids fluctuate depending on overall liquidity sentiment in the SME segment. Investors monitoring unofficial indicators can review updates on the IPO Grey Market Premium (GMP) tracker. Market participants must recognize that unregulated grey market indications are volatile and do not guarantee actual exchange listing performance on listing day.

Operational Profile: Manufacturing Low-Voltage Cables and Wires

Johnsoncab Electricals specializes in the engineering and production of low-voltage wires and cables rated up to 1.1 kV (kilovolts). In electrical distribution nomenclature, low-voltage products manage downstream energy distribution, routing power from localized substation transformers into industrial equipment, railway facilities, and renewable energy setups.

The company’s operating footprint addresses four major market verticals:

• Power Transmission & Distribution (T&D): Supplying insulated conductors for low-tension distribution grids and industrial switchyards.
• Renewable Energy Integration: Delivering cabling suitable for ground-mounted and rooftop solar arrays, where UV stabilization and thermal resilience are baseline specifications.
• Railway Infrastructure: Providing auxiliary cabling for traction substations, platform lighting, and internal depot electrical layouts.
• Industrial Power Applications: Supplying customized wiring solutions for factory floor motor drives, panel boards, and building management systems.

Balanced Analytical Framework: triggers vs. Downside Factors

Evaluating capital allocation in SME manufacturing requires reviewing both sector drivers and operational vulnerabilities.

Operational Growth triggers

• Infrastructure Spending: Capital expenditure across Indian railways and power grid modernization drives steady domestic demand for low-voltage conductors.
• Green Energy Transition: Expanding utility-scale solar and distributed power projects requires specialized balance-of-system (BOS) cabling.
• Industrial Electrification: Private manufacturing investments in automated assembly lines and commercial facilities expand consumption of industrial-grade wiring.

Operational and Financial Risks

• Raw Material Price Volatility: Base metals like copper and aluminum represent the single largest component of cost of goods sold (COGS). Sudden raw material price swings can compress gross margins if pass-through contracts experience lag.
• Intense Sector Competition: The Indian wire and cable industry features major organized players alongside widespread unorganized regional manufacturers, which limits pricing power.
• Working Capital Intensity: SME electrical equipment suppliers carry extended receivable cycles when executing contracts for public utilities or large EPC contractors.
• Secondary Market Liquidity: Shares listed on SME exchange boards feature standardized high-denomination trading lots, resulting in lower trading volumes compared to mainboard listings.

Frequently Asked Questions

What is the price band and issue size for the Johnsoncab Electricals IPO?

The issue carries an upper price band of ₹200 and a floor price of ₹190 per equity share. Through this public offering, Johnsoncab Electricals intends to raise approximately ₹56.02 Crore to fund working capital requirements and corporate growth.

What are the confirmed subscription opening and closing dates for Johnsoncab Electricals?

The bidding window officially opens on Friday, October 30, 2026, and concludes on Tuesday, November 03, 2026. Following the close of bidding, share allotment can be tracked via the IPO allotment status verification hub once released by the registrar.

Which product segments generate revenue for Johnsoncab Electricals?

The company manufactures low-voltage wires and cables rated up to 1.1 kV. Its product portfolio supplies power transmission and distribution projects, railway auxiliary installations, renewable energy plants, and general industrial wiring applications.

Sources referenced: Moneycontrol, IPOWatch, Univest, IndiaIPO filings.

Reusing this article or its images? Credit IPO Bulletin and link to https://ipobulletin.com/2026/10/johnsoncab-electricals-ipo-issue-size.html. Content licence.