Electrical cables and conductors manufacturer Johnsoncab Electricals Limited made its official stock market debut on the BSE SME platform on Friday, November 6, 2026.
Priced at the upper end of the issue band at ₹200.00 per share, the ₹56.02 crore SME public offering opened at ₹238.50, delivering a solid listing gain of 19.25% (+₹38.50 per share) for successful allottees.
Here is a quick recap of its listing performance and final subscription numbers.
📊 Key Listing & Issue Details
| Metric | Detail |
| Company Name | Johnsoncab Electricals Limited |
| Subscription Window | October 30, 2026 – November 3, 2026 |
| Listing Date | November 6, 2026 |
| Issue Price | ₹200.00 per share (at upper band) |
| BSE SME Listing Price | ₹238.50 per share (+19.25% gain) |
| Total Issue Size | ₹56.02 Crore (Fresh Issue only) |
| Lot Size | 600 shares |
| Minimum Retail Investment | ₹1,20,000 (1 lot) |
| Listing Exchange | BSE SME |
💰 Final Subscription Status Recap
When bidding closed on November 3, 2026, the issue wrapped up with healthy overall subscription figures across all categories, finishing at roughly 21.99x to 23.82x total subscription backed by strong HNI and institutional interest:
| Category | Final Subscription (x) |
| Non-Institutional Investors (NII / HNI) | ~31.46x |
| Qualified Institutional Buyers (QIB) | ~20.19x |
| Retail Individual Investors (RII) | ~17.53x |
| Total Subscription | ~21.99x – 23.82x |
(Source: Exchange Final Subscription Logs)
🎯 Use of Proceeds
The fresh issue proceeds are earmarked for funding key expansion and operational objectives:
- Factory Infrastructure: Constructing an additional factory shed for expansion (₹8.46 Cr).
- Plant & Machinery: Purchasing machinery to boost overall output capacity and manufacture specialized Paper Insulated Copper / Aluminium Conductors (₹18.40 Cr total across categories).
- Green Energy: Setting up a rooftop solar power plant (₹3.23 Cr).
- Working Capital & General Corporate Purposes
⚠️ Disclaimer: This content is for informational purposes only and does not constitute professional investment advice. Always review official exchange filings and consult a certified financial advisor before trading.
