19 Sep 2025 | 5 Mins Read
JD Cables IPO draws strong demand on second day
Flipitmoney
JD Cables' IPO continues to attract investor interest, subscribing 8.24 times on the second day. Retail investors led the bidding, subscribing 10.02 times their portion, while QIBs and non-institutional investors subscribed 7.2 and 6.2 times, respectively. The IPO is open till September 22, aiming to raise Rs 95.99 crore at a premium of 26% over the offer price.