Johnsoncab Electricals IPO
Price Band
₹190 - ₹200
Grey Market Premium
₹10 (5.00%)
Open Date
30 Oct
Close Date
3 Nov
Issue Size
Approx ₹56.02 Crores
Lot Size
600 Shares
Current GMP
₹10 (5.00%)
| Date | IPO GMP | Trend | Gain | Last Updated |
|---|---|---|---|---|
| 3 November | ₹10 | 5.00% | 09:10 | |
| 2 November | ₹5 | 2.50% | 09:29 | |
| 1 November | ₹5 | 2.50% | 16:00 | |
| 31 October | ₹10 | 5.00% | 17:28 | |
| 30 October | ₹13 | 6.50% | 17:28 | |
| 29 October | ₹10 | 5.00% | 17:07 | |
| 28 October | No GMP | — | 17:14 | |
| 27 October | No GMP | — | 17:10 |
About the Company
Founded in November 2020, Johnsoncab Electricals is one of the leading manufacturers of low-voltage wires and cables up to 1.1 kV. Its product range includes control cables, power cables, industrial single- and multicore control cables, housing and building wires, welding cables, solar/photovoltaic cables, and submersible flat cables. The firm sells its products under the brand “JOHNSON CABLES,” serving both private and government customers.
Its product range caters to power infrastructure, transmission and distribution, renewable energy, railways, and allied industrial applications. Johnsoncab operates its 2 manufacturing facilities in Mehsana, Gujarat, which are equipped with machinery for wire drawing, annealing, bunching, insulation, extrusion, testing, and packaging.
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