What We Know: JD Cables IPO Overview
| Item | Detail |
|---|---|
| IPO Name | JD Cables Ltd. SME IPO |
| Issue Size | ~ ₹95.99 crore |
| Price Band | ₹144 to ₹152 per share |
| Lot Size | 800 shares per lot |
| IPO Open Date | 18 September 2025 |
| IPO Close Date | 22 September 2025 |
| Allotment Date | 23 September 2025 |
| Refund Initiation / Shares credited | 24 September 2025 |
| Listing Date | 25 September 2025 on BSE SME |
Grey Market Premium (GMP) & Expected Listing Price
GMP is an unofficial but useful indicator of how much “extra” shares are trading at informally before the official listing.
- As of 22 September 2025, GMP was about ₹43 over the IPO price (₹152).
- That gives an estimated listing price of ₹195 (i.e. ₹152 + ₹43).
- On earlier dates it was lower (₹20‑₹40) depending on demand and grey market activity.
Note: GMP is speculative, not legally binding. Actual listing price can differ. Use it for directional insight.
Subscription / Demand
The IPO saw strong demand:
- Total subscription was ~ 86.9x times the issue size.
- Retail, QIB, NII categories all saw high subscription multiples.
This indicates many applicants will likely not get full allotment, especially in heavily‐subscribed categories.
Allotment Status: What’s Happening Now
- Allotment is to be finalised on 23 September 2025.
- Refunds and share credits (to Demat accounts) will happen on 24 September 2025 for successful allottees.
- Shares get listed (public trading begins) on 25 September 2025.
How to Check Your Allotment Status
Here are step‑by‑step methods:
| Method | Steps |
|---|---|
| Via Registrar (MUFG Intime India / Link Intime) | 1. Go to the registrar’s IPO/allotment page ( MUFG Intime India Pvt. Ltd.). 2. Select “JD Cables Ltd IPO” from the dropdown list. 3. Enter your PAN or Application number, or Demat Account/Client ID. 4. Complete any CAPTCHA / verification. 5. Submit to see your allotment result. |
| Via BSE SME (or BSE’s IPO allotment page) | 1. Visit BSE’s IPO/allotment status page. 2. Choose “Equity” / “SME IPOs” and select “JD Cables Ltd”. 3. Enter required details (PAN / application no. etc.). 4. View the result. |
| Via Your Broker / Demat App | If you applied through a broker or via a platform (like Angel One, Zerodha etc.), check the IPO section of their app/web. Brokers sometimes send notifications or emails regarding allotment. |
Key Things to Keep in Mind
- Even if you applied, high subscription means few will get full allotment — many may get partial or none.
- Refunds for non‑allottees will be processed automatically. Keep your bank account linked properly.
- Shares will only show in your Demat account after allotment and credit date. If not seen, contact registrar or broker.
- GMP estimates are not guaranteed. Price at listing could be lower or higher.
Latest Figures (As of 23 September 2025)
- Allotment date: 23 Sep.
- Shares credited / refunds: 24 Sep.
- Listing date: 25 Sep on BSE SME.
- GMP ~ ₹44 on 23 Sep.
