25 Sep 2025 | 5 Mins Read
JD Cables shares list today in solid GMP-backed IPO
Flipitmoney
JD Cables, a Howrah-based cables and conductors manufacturer, makes its debut on the BSE SME platform. The Rs 95.99 crore issue received a 127.8 times subscription. The company will have a market cap of Rs 342.8 crore. Retail investors bid 106.9 times, and Qualified Institutional Buyers subscribed 125.4 times. Net profit increased from Rs 4.6 crore to Rs 22.1 crore, a nearly 5-fold rise.