West Bengal-based JD Cables Limited will open its initial public offering for subscription next week on September 18, 2025 with price band of INR 144-152 per share. It will issue new shares up to 55,53,600 equity shares while promoter Piyush Garodia will be selling up to 7,61,600 shares via offer-for-sale (OFS).
Sept 15, 2025
West Bengal-based JD Cables Limited will open its initial public offering for subscription on September 18, 2025 with price band of INR 144-152 per share.
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The company is raising approx. INR 96 crore via maiden public issue of 63,15,200 shares at the upper price band. It will issue new shares up to 55,53,600 equity shares, while promoter Mr. Piyush Garodia will be selling up to 7,61,600 shares via offer-for-sale (OFS).
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The IPO anchor book for institutional investors will be launched on September 17 and the IPO will close to the public on September 22, 2025. The company will finalise IPO share allotment by September 23, and its shares will be available for trading on the BSE SME effective September 25, 2025.
