Institutional Alpha Dossier

Loading Alpha Data...

Name: Johnsoncab Electricals IPO DRHP & Primary Market Dataset (2026)
Creator: The FinReason
License: https://creativecommons.org/licenses/by-nc/4.0/

MAINBOARD SYNCING

GMP: ₹-

Est. Listing: Calculating...

IPO Execution Schedule (NSE / BSE Trading Calendar)

Bidding Opens - Issue Open

Bidding Closes - Closing Date

Basis of Allotment - Registrar Finalization

Exchange Listing - Secondary Debut

Issue Price Valuation

₹-

Upper Cap Price

Price Band Cap: Book Built / Fixed

Lot Size & Retail Matrix

- Shares

Minimum Market Lot

Min Capital: ₹-

Application Size: -

Quant Grade & Moat Score

FinReason Grade

★★★★★

FUNDAMENTALS & SPREAD

TBA Moat / 10

Proprietary Multi-Factor Moat Model

Underlying Moat Architecture & Risk Factors

💼 MINIMUM INVESTMENT

Capital Matrix

Retail (Min Lot) Up to ₹2 Lakhs Category

₹ 2,40,000

HNI (Min Lot) sNII / High Net-Worth Tier

₹ 3,60,000

HNI Capital Multiple: Institutional Lot Sizing

🍩 RESERVATION QUOTA (%)

Issue Allocation

100% Total Issue

Anchor 28.48%

Market Maker 5.06%

QIB 18.99%

NII / HNI 14.24%

Retail 33.23%

🏛️

Institutional Corporate Dossier

Johnsoncab Electricals

COMPANY PROFILE & DNA

⏳

Incorporation / Founded

12-11-20

Active Vintage

📍

Corporate Headquarters

Mehsana, Gujarat

Registered Hub

👔 Leadership & Promoter Group

Key Management

Mr. Chandreshkumar Shankerlal Patel, Mr. Anjal Chandreshkumar Patel, Mrs. Bhavanaben Chandreshkumar Patel

⚙️ Business Overview & Portfolio Core Offerings

Manufacturer of low voltage wires and cables for power sectors

🎯 Target Market & End-Use Revenue Drivers

Power, control, housing wires used in power transmission and railways

🛡️

★ Unique Selling Proposition (Core Economic Moat)

Established vendor approvals with state utilities and product innovation supported by patent

Objects of the Issue (Use of Proceeds & Allocation)

🎯 Objective 01 Funding Capital Expenditure Requirements

₹ 26.21

Allocation

🎯 Objective 02 Working Capital Requirements

₹ 14.00

Allocation

🎯 Objective 03 General Corporate Purposes

Balance

Allocation

🎯 Objective 04 Not Mentioned

Not Mentioned

Allocation

Financial Performance & Multi-Year Trajectory

All Figures in ₹ Crores

Latest Total Income📊

₹- Top-Line

EBITDA Margin⚡

-% Operating

Net Profit (PAT) Margin📈

-% Bottom-Line

Debt / Net Worth🛡️

-x Leverage

📊 Income, EBITDA & Profit Growth Trajectory

Income EBITDA PAT Trend

🏛️ Balance Sheet: Net Worth vs Debt

Net Worth Borrowing

Particulars	FY26	FY25	FY24
Total Income	210.47	139.79	88.34
EBITDA	23.15	11.2	5.62
Profit After Tax (PAT)	13.42	5.46	2.52
Net Worth	31.44	14.24	8.88
Total Borrowing	79.88	41.73	32.84

Growth Engine & Compounding Velocity (KPIs)

Multi-Year Trajectory

📊 Total Sales (Revenue)

High Growth

210.47 ₹ Cr

YoY Growth 50.56%

3-Year CAGR 54.35%

⚡ EBITDA (Op. Profit)

Robust

23.15 ₹ Cr

YoY Growth 106.70%

3-Year CAGR 102.96%

📈 Net Profit (PAT)

Expanding

13.42 ₹ Cr

YoY Growth 145.79%

3-Year CAGR 130.77%

Capital Efficiency & Return Ratios (ROE vs ROCE)

Capital Allocation Audit

◈ ROE (Return on Equity) Calculating...

Current ROE

Current Period-%

3-Year Average-%

Last Year-%

◈ ROCE (Capital Employed) Calculating...

Current ROCE

Current Period-%

3-Year Average-%

Last Year-%

MetricMetric	Current (%)Curr%	Last Year (%)Last%	3-Yr Avg (%)3Y Avg	Trend StatusTrend
ROE (Return on Equity)ROE	42.68%	38.34%	36.47%	Strong
ROCE (Capital Employed)ROCE	20.80%	20.01%	18.09%	Healthy

Forensic Analysis & Reality Check

Earnings Quality & Dilution Audit

-0.85 CFO / EBITDA

Cash Flow Conversion Efficiency

Checking...

Analyzing operating cash flow conversion...

0.0x (Paper Profit) 70%+ Institutional Benchmark 1.0x+ (Strong Cash)

⚡ Pre-IPO vs Post-IPO Forensic Impact Meters Post-Issue Trajectory

Parameter	Pre-IPO	Post-IPO	View
Debt / Equity	2.54	0.91	Low
EPS (₹)	12.7	12.7	Accretive
ROE (%)	42.68%	15.34%	Good
ROCE (%)	20.80%	13.83%	Bad
P/E (Valuation)	15.75	15.75	Reasonable

⏳ Debtor Days Trend (Receivables Cycle)

Analyzing...

FY24

→

FY25

→

FY26

Lower receivable days indicate faster cash collection from clients.

⚠️ Contingent Liabilities Off-Balance Sheet

₹ 7.05 Cr

*Potential hidden obligations & legal/tax claims

Company NameComp	Revenue (Cr)Rev	P/E RatioP/E	ROCE (%)ROCE	ROE (%)ROE	OPM (%)OPM
Johnsoncab Electricals Limited IPO CANDIDATE	210.47	15.75 (Ask)	20.80%	15.34% (Post Issue)	11.00%
Prime Cable Industries Limited	234.88	27.31	19.45%	20.14%	8.50%
JD Cables Ltd	364.59	14.78	23.11%	21.70%	9.20%
Susan Electricals India Ltd	269.36	20.19	29.05%	47.42%	10.10%
NA	0	0	0	0	0
NA	0	0	0	0	0

Strategic SWOT Analysis & Risk-Reward Matrix

4-Quadrant Institutional Assessment

▲ Positive Catalysts (Strengths + Opportunities): 8 Factors ▼ Risk Vectors (Weaknesses + Threats): 8 Factors

Strengths Internal Competitive Moat

4 Drivers

Established brand recognition under Johnson brand name
Experienced promoter management in cable industry
Approved vendor status with state electricity utilities
Wide product portfolio across multiple power sectors

Weaknesses Internal Operational Constraints

4 Factors

High sensitivity to copper and aluminum price volatility
Significant capital needed for ongoing working capital
Operational facilities operated entirely under leased premises
Intense competition from national and regional manufacturers

Opportunities External Growth Tailwinds

4 Vectors

Rising investment in national power infrastructure projects
Growing demand for renewable energy solar cables
Expansion in railway electrification and government tenders
Export growth potential in global cable markets

Threats & Risks External Macro & Sector Headwinds

4 Risks

Severe price competition eroding operating profit margins
Sharp fluctuations in raw material input costs
Macroeconomic slowdown impacting construction sector demand
Adverse changes in regulatory and tariff policies

Top 10 Anchor Investors & Smart-Money Allocation

INSTITUTIONAL BOOK

Top 10 Anchor Commitment

₹- Cr

Smart-Money Quality Score

- / 5.0 ★ Marquee Conviction

SEBI Anchor Lock-In Schedule

30D (50%) • 90D (50%) Mandatory Lock-In

Anchor Book Allocation Pending Exchange Filing

Institutional anchor investor bidding & allocation disclosures are officially filed with NSE/BSE 1 working day prior to the IPO opening date.

Rank	Marquee Anchor Institution	Smart-Money Grade	Amount Invested	Anchor Share (%)

Score 6/10 (Base 4, Sector +1, Co +4, Risk -3) | SECTOR MOAT: Cable industry growing at >12% CAGR with power, railway and renewable expansion tailwinds | COMPANY MOAT: Utility vendor approvals, patent-backed product innovation, FY26 ROCE of 39.68% and ROE of 58.75%, and EBITDA margins expanding to 11.43% | KEY RISKS: Top 5 client concentration at 54.26%, COGS at 85.12% of revenue, and heavy working capital requirements | VERDICT: High-margin cable play with robust returns and sector tailwinds, balanced by customer concentration and raw material price volatility. 28.48 5.06

IPO Subscription & Book-Building Demand Matrix

NSE / BSE Book-Building Feed

Aggregate Book Subscription

-x

Syncing Book...

Analyzing category-wise oversubscription & allotment odds... QIB vs Retail Spread

0.0x (Unfilled) 1.0x (Full Cover) 10x (Strong) 50x (High Demand) 100x+ (Blockbuster)

QIB Quota Qualified Institutional Buyers

Smart Money

-x Institutional Book

Inst. Conviction: Evaluating

NII / HNI Quota sNII (₹2L-10L) & bNII (₹10L+)

HNI Desk

-x Non-Institutional

HNI Competition Ratio: -

Retail (RII) Quota Individual Investors (Up to ₹2L)

SEBI Lottery

-x Retail Book

Retail Allotment Odds: -

Johnsoncab Electricals IPO: Key Issue Details, GMP & DRHP Quantitative Summary

Below is the institutional primary market dataset for Johnsoncab Electricals (SME IPO) compiled from official offer documents (DRHP/RHP) and exchange filings:

IPO Name	Johnsoncab Electricals
Slug	https://www.investorgain.com/gmp/johnsoncab-electricals-ipo/2371/
Status	✅ Active
Rating	TBA
Price	₹ 200
Lot/Size	600
Dates Short	30 Oct - 03 Nov
Open Date	30-10-26
Close Date	03-11-26

Disclaimer: All data, moat scores, and indicative grey market figures are algorithmic and informational compilations for educational study only. The FinReason does not provide Buy/Sell/Subscribe/Avoid recommendations.

Loading Alpha Data...

💼 MINIMUM INVESTMENT

🍩 RESERVATION QUOTA (%)

IPO Subscription & Book-Building Demand Matrix

Johnsoncab Electricals IPO: Key Issue Details, GMP & DRHP Quantitative Summary

Other Tracked Mainboard & SME IPOs (2026)