Johnsoncab Electricals Limited is a Mehsana, Gujarat-based manufacturer of low-voltage electrical wires and cables (up to 1.1 kV) used in power infrastructure, transmission and distribution, renewable energy, railways and industrial applications. Established as M/s. Johnson Cables in 2012, the company manufactures and sells its products under the “JOHNSON CABLES” brand, serving private-sector customers and government entities.
The company’s product portfolio includes:
- Power Cables: Used in electricity distribution and industrial installations.
- Housing and Building Wires: Used in residential and commercial electrical wiring.
- Industrial Control Cables: Used in industrial machinery, automation and control systems.
- Solar / Photovoltaic Cables: Used in solar power installations.
- Submersible Flat Cables: Used in water pumps and agricultural irrigation.
- Welding Cables: Used in industrial welding and fabrication.
The company operates two manufacturing facilities in Mehsana, Gujarat, with a combined installed capacity of 79,950 km per annum as of FY2026. Its facilities are equipped for wire drawing, annealing, bunching, insulation, extrusion, testing and packaging. The company supplies products through direct orders, tenders and vendor approvals, supported by ISO and BIS certifications.
As of September 30, 2026, the company had 193 employees, including 79 permanent and 114 contractual employees.
Johnsoncab Electricals IPO – Details
| IPO Opening Date | 30 October 2026 |
| IPO Closing Date | 03 November 2026 |
| Issue Type | Book Building IPO |
| Issue Size | Total Issue: 28,00,800 Shares Worth ₹56.02 Crore Fresh Issue: 28,00,800 Shares Worth ₹56.02 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹190 – ₹200 per share |
| Market Lot | 600 Shares |
| Min Order | 600 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Maashitla Securities Pvt. Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Johnsoncab Electricals IPO – Date Schedule
| IPO Open Date | 30 October 2026 |
| IPO Close Date | 03 November 2026 |
| Basis of Allotment | 04 November 2026 |
| Initiation of Refund | 05 November 2026 |
| Credit of Shares to Demat | 05 November 2026 |
| IPO Listing Date | 06 November 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 03, 2026 |
Johnsoncab Electricals IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1200 | ₹2,40,000 |
| Retail (Max) | 2 | 1200 | ₹2,40,000 |
| S-HNI (Min) | 3 | 1800 | ₹3,60,000 |
| S-HNI (Max) | 8 | 4800 | ₹9,60,000 |
| B-HNI (Min) | 9 | 5400 | ₹10,80,000 |
Competitive Strength
- Consistent growth in revenue demonstrating business scalability.
- Continued investment in manufacturing infrastructure.
- Ability to serve both government and private sector customers.
- Diversified portfolio of low voltage wires and cables.
- Product innovation supported by intellectual property.
- Established vendor approvals and eligibility for government tenders.
- ISO and BIS certified products and quality standards.
Company Promoters
- Chandreshkumar Shankerlal Patel
- Anjal Chandreshkumar Patel
- Bhavanaben Chandreshkumar Patel
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2024 | ₹88.95 Cr | ₹7.04 Cr | ₹2.52 Cr | ₹32.81 Cr |
| 31 March 2025 | ₹140.00 Cr | ₹11.54 Cr | ₹5.46 Cr | ₹41.79 Cr |
| 31 March 2026 | ₹211.34 Cr | ₹16.36 Cr | ₹13.42 Cr | ₹79.88 Cr |
| 31 August 2026 | ₹113.33 Cr | ₹8.58 Cr | ₹8.63 Cr | ₹77.57 Cr |
Key Performance Indicator
| KPI | Values (July 31, 2026) |
|---|---|
| ROE | 24.14% |
| ROCE | 21.55% |
| Debt/Equity | 1.94 |
| RoNW | 21.54% |
| PAT Margin | 7.64% |
| EBITDA Margin | 13.55% |
| NAV | 51.58 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 17.27 | 12.69 |
| P/E (x) | 11.58 | 15.76 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding the capital expenditure requirements of the Company towards: Construction of additional Factory Shed for expansion. | ₹8.46 |
| Funding the capital expenditure requirements of the Company towards: Plant & Machinery a) Purchase of additional plant & machinery for increasing the production capacity. | ₹9.90 |
| Funding the capital expenditure requirements of the Company towards: Plant & Machinery b) Purchase new machinery to manufacture “Paper Insulated Copper / Aluminium Conductors”. | ₹8.50 |
| Funding the capital expenditure requirements of the Company towards: Plant & Machinery Purchase and set up a rooftop solar power plant. | ₹3.23 |
| Additional Working Capital Requirement. | ₹14.00 |
| General Corporate Purposes. |
✅Strengths
- Strong revenue and profit growth.
- Diversified cable product portfolio.
- Government and private-sector customers.
- Manufacturing expansion plans.
⚠️Risks
- Intense industry competition.
- Fluctuating raw material prices.
- High working capital requirements.
- Expansion execution risks.
Johnsoncab Electricals IPO Promoter Holding
| Pre-Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.50% |
Johnsoncab Electricals IPO Prospectus
Company Contact Information
| Johnsoncab Electricals Limited Survey No. 930, Jagudan Char Rasta, At Linch, Jagudan, Mehsana, Gujarat, 382710 Phone: 96387 54022 Email: office@johnsoncables.com Website: https://www.johnsoncables.com/ |
Johnsoncab Electricals IPO Registrar
| Maashitla Securities Pvt. Ltd. Phone: 011-45121795 Email: contact@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
Johnsoncab Electricals IPO Lead Manager(s)
| 1. ISK Advisors Private Limited |
Johnsoncab Electricals IPO FAQ
| What is the Johnsoncab Electricals IPO? Johnsoncab Electricals IPO is an SME IPO. The issue is priced at ₹190 – ₹200 per equity share. The IPO is to be listed on BSE SME. |
| When will Johnsoncab Electricals IPO open? The IPO is to open on 30 October 2026 for QIB, NII and Retail Investors. |
| What is Johnsoncab Electricals IPO Investors’ Portion? The Investors portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Johnsoncab Electricals IPO Size? Johnsoncab Electricals IPO size is ₹56.02 Crore. |
| What are the Johnsoncab Electricals IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 1200 Shares for ₹2,40,000, while the maximum bid is 1200 Shares for ₹2,40,000. |
| What is the Johnsoncab Electricals IPO Allotment Date? Johnsoncab Electricals IPO allotment date is 04 November 2026. |
| What is the Johnsoncab Electricals IPO Listing Date? Johnsoncab Electricals IPO listing date is 06 November 2026. The IPO is to be listed on the BSE SME. |
