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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Factory Shed Construction for Expansion
Funding the capital expenditure required to construct an additional manufacturing factory shed to facilitate business expansion.
Production Capacity Expansion Machinery
Procuring additional plant and machinery to expand overall production capacities across existing product lines.
Machinery for Paper Insulated Conductors
Acquiring specialized machinery to manufacture paper-insulated copper and aluminium conductors.
Rooftop Solar Power System Setup
Investing in the procurement and installation of a rooftop solar power generation facility at the manufacturing premises.
Working Capital Requirements
Meeting enhanced working capital demands to support operating scale and business growth.
General Corporate Purposes
Supporting general corporate needs and routine business activities.
(₹ in Crore)
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Johnsoncab Electricals Limited is an Indian manufacturer specializing in low-voltage electrical wires and cables engineered for operating voltages up to 1.1 kV. The company's diverse product portfolio includes power cables, control cables, multi-core industrial wiring, building and residential wires, welding cables, submersible flat cables, and specialized photovoltaic cables for solar installations. Its products are marketed and distributed under the brand name "JOHNSON CABLES" and are deployed across critical infrastructure domains including power transmission, power distribution, renewable energy projects, railways, and industrial manufacturing setups. The business traces its origins to 2012 when it began operations as a partnership firm named M/s. Johnson Cables, subsequently converting into a corporate entity incorporated in November 2020. The company operates two manufacturing facilities situated in Mehsana, Gujarat, which collectively possess an installed annual production capacity of approximately 79,950 kilometers as of Fiscal 2026. These manufacturing plants are integrated with specialized machinery covering the full manufacturing lifecycle, including wire drawing, continuous annealing, bunching, insulation extrusion, quality testing, and packaging. As of March 31, 2026, the company employed a workforce of 167 professionals across administrative, production, quality control, sales, and supply chain divisions. Johnsoncab Electricals serves a balanced mix of governmental agencies, public sector undertakings, and private commercial enterprises. Sales are executed via direct commercial orders, institutional framework agreements, and structured participation in competitive tenders facilitated by established vendor approvals. The company's manufacturing processes and product lines conform to Bureau of Indian Standards (BIS) and International Organization for Standardization (ISO) quality specifications. Growth is supported by ongoing investments into expanded production facilities, entry into specialized paper-insulated conductor manufacturing, and investments into energy-efficient infrastructure such as on-site rooftop solar power installations.
Johnsoncab Electricals raised 15.90 crore rupees through its anchor book allocation on October 29, 2026, allotting 7,95,000 equity shares at 200 rupees per share. The anchor placement was distributed among seven institutional funds, including Negen Undiscovered Value Fund, Sunrise Investment Opportunities Fund, Meru Investment Fund, and Vijit Growth Fund.
Source: RHP • Analysis provided for informational purposes
Last Updated: 28 October 2026, 3:26 PM
Integrated Manufacturing Capabilities
The company operates two dedicated production facilities in Gujarat equipped with end-to-end processing equipment spanning wire drawing, continuous annealing, extrusion, and testing.
Diversified Cable Product Portfolio
Its offerings span multiple categories of low-voltage cables serving power transmission, railway systems, renewable energy farms, and industrial construction.
Institutional Approvals and Certifications
Possession of Bureau of Indian Standards licenses and ISO quality certifications enables the company to qualify for public tenders and institutional vendor lists.
Multi-Year Financial Growth
The company has demonstrated consistent revenue expansion and profitability over the past three fiscal years, reflecting operational scalability.
Raw Material Price Volatility
Operating profitability is highly sensitive to fluctuations in the spot prices of key inputs such as copper, aluminium, and specialized insulating polymers.
Working Capital Intensity
The business model demands substantial working capital to maintain continuous raw material procurement and support receivables cycles across customer contracts.
High Indebtedness Level
The company carries significant debt obligations, with total borrowings standing at 79.88 crore rupees as of March 31, 2026, creating ongoing interest servicing burdens.
Johnsoncab Electricals Limited
Survey No. 930, Jagudan Char Rasta, Mehsana-Ahmedabad Highway, At Linch, Jagudan, Mehsana, Gujarat 382710, India
View on Maps →Maashitla Securities Private Limited
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Customer and Sector Concentration
A substantial portion of revenues depends on capital spending trends in government infrastructure, railway modernization, and transmission projects.