Johnsoncab Electricals IPO Details: Key Dates, Price Band & Investment Overview

By Wealthova | Last Updated: October 28, 2026

Johnsoncab Electricals Limited (formerly known as Johnson Cables), a recognized player in the Indian wire and cable manufacturing sector, is gearing up to make its primary market debut with an upcoming ₹56.02 Crore SME IPO. Operating as an ISO-certified manufacturer, the business focuses on delivering a diverse range of low-voltage wires and cables (up to 1.1 kV) for critical sectors including power transmission, renewable energy, railways, and industrial infrastructure. Supported by an established manufacturing presence in Mehsana, Gujarat, with a combined annual capacity of 79,950 kilometers, the company maintains a robust portfolio backed by BIS certifications and an expanding footprint across government and private sector clients. The subscription window for this book-built issue opens on October 30, 2026, and closes on November 3, 2026. The price band is set between ₹190 to ₹200 per equity share. The ₹56.02 Crore offering is structured entirely as a 100% Fresh Issue (28.01 Lakh shares), with no Offer for Sale (OFS) component. Retail investors must apply for a minimum of 2 lots (1,200 shares), requiring an investment of ₹2,40,000 at the upper price band. The company plans to utilize the fresh capital primarily to fund its incremental working capital requirements (₹14.00 Crore) and strategically execute major capital expenditures, including plant and machinery capacity expansion (₹16.79 Crore), alongside the construction of an additional factory shed (₹7.89 Crore). Set to list on the BSE SME platform, market participants are closely watching this fast-growing enterprise, backed by a robust FY26 total revenue of ₹211.34 Crore and a solid net profit of ₹13.42 Crore. Below, we break down the financial health, industry risk factors, and our honest Smart Market Insights to help you decide if you should subscribe to this issue!

Johnsoncab Electricals Limited (formerly operating as Johnson Cables) is a rapidly growing, ISO-certified manufacturer in the highly competitive Indian wire and cable sector. Operating out of its established manufacturing hub in Mehsana, Gujarat, the company specializes in engineering and producing high-quality electrical solutions designed for large-scale infrastructure projects.

The core operations and competitive strengths of Johnsoncab Electricals are defined by the following business pillars:

• Specialized Product Portfolio: The company focuses heavily on manufacturing a diverse range of low-voltage wires and cables (up to 1.1 kV). These high-grade cables are engineered to handle the rigorous demands of continuous industrial and commercial power loads.
• Diverse End-Market Applications: Johnsoncab’s products are integral to several critical, high-growth sectors. The company supplies its cables for power transmission, renewable energy projects (solar/wind), railway infrastructure, and broad industrial manufacturing facilities.
• Robust Manufacturing Capacity: The company operates a state-of-the-art production facility in Mehsana, Gujarat. This heavily equipped plant currently boasts a massive combined installed annual capacity of 79,950 kilometers of wire and cable.
• Stringent Quality & Compliance: Ensuring maximum safety and electrical reliability, Johnsoncab's entire product portfolio is backed by strict BIS (Bureau of Indian Standards) certifications. This focus on quality control allows the company to seamlessly secure and execute high-value contracts for both government enterprises and large private sector clients.

The ₹56.02 Crore SME IPO is structured entirely as a 100% Fresh Issue. There is absolutely no Offer for Sale (OFS) component from the promoters. This means that every single rupee raised from the public (net of issue-related expenses) will be injected directly into the company to aggressively scale its physical infrastructure and operational bandwidth.

The net proceeds from the IPO are strictly earmarked for the following strategic growth objectives:

• Plant & Machinery Capacity Expansion (₹16.79 Crore): The largest tranche of capital is dedicated to procuring advanced, high-speed plant and machinery. This heavy CapEx will significantly boost the company's manufacturing capacity in Mehsana, allowing it to fulfill larger orders and improve production efficiency.
• Incremental Working Capital Requirements (₹14.00 Crore): The wire and cable industry is highly working-capital intensive due to the upfront cost of raw materials (like copper and aluminum) and standard B2B credit cycles. These funds will ensure the company has the liquid cash needed to comfortably execute larger government tenders and private contracts without straining its balance sheet.
• Construction of an Additional Factory Shed (₹7.89 Crore): To house the newly acquired machinery and physically scale its operations, Johnsoncab will utilize these funds to construct a brand-new, purpose-built factory shed within its existing Mehsana manufacturing premises.
• General Corporate Purposes: The remaining net proceeds will be allocated toward covering overarching corporate operations, strategic business initiatives, and standard IPO-related expenses.