JD Cables Limited's initial public offering (IPO) has demonstrated exceptional investor interest through its third and final day of subscription, with JD Cables's stock price set at ₹144-152 per share, reflecting outstanding market reception. The ₹95.99 crore IPO reached 127.78 times by 5:04:34 PM on day three, indicating exceptional investor interest in this cables and conductors manufacturer incorporated in 2015.
JD Cables IPO non-institutional investors segment leads with a remarkable 179.28 times subscription, whilst qualified institutional buyers (ex-anchor) demonstrate exceptional participation at 125.44 times and individual investors show impressive interest at 106.89 times, reflecting outstanding investor confidence in this company.
IPO Subscription Status
Invest in Indian Markets and Unlock Future Potential With 5paisa!JD Cables IPO subscription reached exceptional 127.78 times on day three, led by Non-Institutional Investors (179.28x), Qualified Institutional Buyers Ex-Anchor (125.44x), and Individual Investors (106.89x). Total applications reached 1,71,755.
| Date | QIB (Ex Anchor) | NII | Individual Investors | Total |
|---|---|---|---|---|
| Day 1 (September 18) | 7.20 | 1.24 | 1.68 | 3.15 |
| Day 2 (September 19) | 7.20 | 8.00 | 10.00 | 8.78 |
| Day 3 (September 22) | 125.44 | 179.28 | 106.89 | 127.78 |
Day 3 Subscription Details
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (₹ Cr.) |
|---|---|---|---|---|
| Anchor Investors | 1.00 | 17,80,000 | 17,80,000 | 27.06 |
| Market Maker | 1.00 | 3,16,000 | 3,16,000 | 4.80 |
| QIB (Ex Anchor) | 125.44 | 11,97,600 | 15,02,29,600 | 2,283.49 |
| Non-Institutional Buyers | 179.28 | 9,10,400 | 16,32,12,000 | 2,480.82 |
| bNII (bids above ₹10L) | 214.18 | 6,06,400 | 12,98,79,200 | 1,974.16 |
| sNII (bids below ₹10L) | 109.65 | 3,04,000 | 3,33,32,800 | 506.66 |
| Individual Investors | 106.89 | 21,11,200 | 22,56,72,000 | 3,430.21 |
| Total | 127.78 | 42,19,200 | 53,91,13,600 | 8,194.53 |
Key Highlights - Day 3
- Overall subscription reached an exceptional 127.78 times, showing remarkable improvement from day two's 8.78 times.
- bNII category demonstrating remarkable performance at 214.18 times, building dramatically from day two's 8.34 times.
- Non-institutional investors displayed remarkable performance at 179.28 times, building dramatically from day two's 8.00 times.
- Qualified institutional buyers displayed exceptional confidence at 125.44 times, building dramatically from day two's 7.20 times.
- sNII segment is showing exceptional interest at 109.65 times, building dramatically from day two's 7.33 times.
- Individual investors are displaying exceptional confidence at 106.89 times, building dramatically from day two's 10.00 times.
- Total applications reached 1,71,755, indicating massive investor participation for this SME IPO.
- Cumulative bid amount reached ₹8,194.53 crores, significantly exceeding the issue size of ₹95.99 crores.
JD Cables IPO - Day 2 Subscription at 8.78 Times
Key Highlights - Day 2
- Overall subscription reached a strong 8.78 times, showing substantial improvement from day one's 3.15 times.
- Individual investors are displaying strong confidence at 10.00 times, building substantially from day one's 1.68 times.
- bNII segment is demonstrating strong performance at 8.34 times, building substantially from day one, 1.30 times.
- Non-institutional investors are showing strong performance at 8.00 times, building substantially from day one's 1.24 times.
- sNII category showed a strong interest at 7.33 times, building substantially from day one's 1.13 times.
- Qualified institutional buyers are showing strong performance at 7.20 times, unchanged from day one's 7.20 times.
JD Cables IPO - Day 1 Subscription at 3.15 Times
Key Highlights - Day 1
- Overall subscription reached a moderate 3.15 times, showing reasonable opening day investor interest.
- Qualified institutional buyers are displaying strong confidence at 7.20 times, showing solid institutional appetite.
- Individual investors are displaying modest confidence at 1.68 times, showing reasonable retail sentiment.
- bNII segment is showing modest interest at 1.30 times, indicating limited larger HNI participation.
- Non-institutional investors are showing modest performance at 1.24 times, indicating weak HNI appetite.
- sNII category is showing modest interest at 1.13 times, indicating modestly smaller HNI participation.
About JD Cables Limited
Incorporated in 2015, JD Cables Limited manufactures high-quality cables and conductors for the power transmission and distribution sector. The company's product portfolio includes Power Cables, Control Cables, Aerial Bunched Cables, and various conductors, operating through two strategically located manufacturing units in Howrah and Hooghly with 28 permanent staff as of May 31, 2025.
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