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( As on 12/09/2025 14:11)

JD Cables announces launch of initial public offering

JD Cables Ltd. has announced public offering of 6315200 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 142.00 per share. The gross proceeds of the issue are expected to be Rs 9,599.10 lakhs.

The company's initial public offer (IPO) will open on 18 September 2025 and is expected to close on 22 September 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 144.00-152.00 per share.

The IPO includes a fresh Issue of 6315200 Equity Shares of the Company at an price of Rs 152.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 800 shares with bids in multiples of 800.

JD Cables Ltd. anticipates using the proceeds of the issue for .

GYR CAPITAL ADVISORS PRIVATE LIMITED as lead manager & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.