Cables & Conductors Manufacturer-JD Cables Ltd, with Rs 300 Crore Order Book in Power Transmission & Distribution Sector, Launches Rs 95.99 Crore IPO

JD Cables Limited, a leading manufacturer of cables and conductors catering to the power transmission and distribution sector, is set to make its public debut with an Initial Public Offering (IPO) to raise Rs 95.99 crore. The company’s shares will be listed on the BSE SME platform, with a tentative listing date of September 25, 2025

Founded in 2015, JD Cables has established itself as a trusted supplier to multiple State Electricity Boards across India, with a strong footprint in Bihar, Jharkhand, Andhra Pradesh, the Northeast states and more. The company operates two manufacturing units in West Bengal with an installed capacity of 28,000 kms per year and maintains stringent quality standards through in-house testing labs, ISO certifications 5 BIS certifications

The IPO has witnessed robust institutional participation, with marquee anchor investors such as Chhattisgarh Investments Limited, SB Opportunities Fund II, HDFC Bank Limited, Santosh Industries Limited, Negen Undiscovered Value Fund, Moneywise Financial Services Pvt Ltd and Neo Alternatives Investment Trust expressing confidence in the company’s future.

 Key Financial & Business Highlights

• Revenue Growth: Rs 25,052.58 lakh in FY25, more than double the previous year.
• Profitability: EBITDA of Rs 3,414.47 lakh and PAT of Rs 2,215.30 lakh.
• Segment Mix: 81 per cent revenue from cables and 19 per cent from conductors.
• Operational Strength: ROE of 117.17 per cent and ROCE of 43.64 per cent in FY25.
• Order Book: Strong pipeline of Rs 300 crore.

GYR Capital Advisors Pvt Ltd is the Book Running Lead Manager for the issue, while MUFG Intime India Pvt Ltd (formerly Link Intime) is the Registrar.