Johnsoncab Electricals IPO Subscription Status Day 2: Issue Subscribed 2.01 Times

Mumbai, November 02: The Johnsoncab Electricals IPO was subscribed 2.01 times overall as of 5:05:20 PM IST on November 2, 2026, the second day of bidding, according to the subscription figures provided. The non-institutional investor (NII) category recorded 2.89 times subscription, while individual investors registered 2.21 times. The qualified institutional buyers (QIB) segment, excluding anchor investors, stood at 0.99 times subscription at the reported snapshot time. The book-built issue is valued at approximately ₹56.02 crore and consists entirely of a fresh issue of 28.01 lakh equity shares. The IPO price band has been fixed at ₹190 to ₹200 per share, with a face value of ₹10 each. Subscription opened on October 30, 2026, and is scheduled to close on November 3, 2026. The tentative allotment date is November 4, 2026. Refunds and credit of shares are scheduled for November 5, while the company’s equity shares are expected to list on the BSE SME platform on November 6, 2026.

Johnsoncab Electricals IPO Day 2 Subscription Status

As of 5:05:20 PM IST on November 2, 2026, the Johnsoncab Electricals IPO had received bids for 37,46,400 equity shares against 18,64,200 shares available for public subscription, excluding the anchor investor and market maker portions. The NII category received bids for 11,56,200 shares against an allocation of 3,99,600 shares. Within this segment, big non-institutional investors (bNII) submitted bids for 8,59,200 shares against 2,66,400 shares offered, while small non-institutional investors (sNII) bid for 2,97,000 shares against their allocation of 1,33,200 shares. Individual investors placed bids for 20,65,200 shares against 9,33,600 shares reserved for the category. The QIB segment, excluding anchor investors, received bids for 5,25,000 shares against 5,31,000 shares offered.

The category-wise subscription figures at the reported snapshot time were as follows:

Investor Category	Shares Offered	Shares Bid For	Subscription (Times)
QIB (Ex Anchor)	5,31,000	5,25,000	0.99x
NII/HNI	3,99,600	11,56,200	2.89x
bNII (Above ₹10 lakh)	2,66,400	8,59,200	3.23x
sNII (Below ₹10 lakh)	1,33,200	2,97,000	2.23x
Individual Investors (Retail)	9,33,600	20,65,200	2.21x
Total	18,64,200	37,46,400	2.01x

The IPO also includes an anchor investor allocation of 7,95,000 shares and a market maker reservation of 1,41,600 shares. Both portions recorded bids covering their respective allocated quantities. These reservations are excluded from the overall public subscription calculation.

Johnsoncab Electricals IPO Day-wise Subscription Summary

The Johnsoncab Electricals IPO opened for bidding on October 30, 2026, and will remain open until November 3, 2026. The supplied subscription records cover the first two bidding days, including the Day 2 snapshot captured at 5:05:20 PM IST on November 2, 2026.

The day-wise subscription position is presented below.

Date	QIB (Ex Anchor)	NII	Individual Investors	Total Subscription
October 30, 2026 (Day 1)	0.00x	2.27x	1.30x	1.14x
November 2, 2026 (Day 2, 5:05:20 PM IST)	0.99x	2.89x	2.21x	2.01x

The IPO recorded an overall subscription of 1.14 times on its opening day. By the second day’s reported snapshot, the total had reached 2.01 times. The NII category registered the highest subscription multiple among public investor segments on both reported days. Individual investor participation also increased, while the QIB segment recorded bids on Day 2 after showing no subscription on the opening day. The issue is scheduled to remain open for one more bidding day, with subscription closing on November 3, 2026.

Johnsoncab Electricals IPO Timeline

The Johnsoncab Electricals IPO opened for public subscription on October 30, 2026, and is scheduled to close on November 3, 2026. The tentative timetable covers allotment, refunds, credit of shares and listing on the BSE SME platform.

IPO Event	Date
Issue Open Date	October 30, 2026
Issue Close Date	November 3, 2026
Allotment Date	November 4, 2026
Initiation of Refunds	November 5, 2026
Credit of Shares	November 5, 2026
Tentative Listing Date	November 6, 2026
Listing Platform	BSE SME

Brief Overview of the Johnsoncab Electricals IPO

Johnsoncab Electricals’ IPO is a book-built public issue aggregating approximately ₹56.02 crore, comprising entirely a fresh issue of 28,00,800 equity shares. The offering does not include an offer-for-sale component. Of the total issue, 1,41,600 shares have been reserved for the market maker, leaving 26,59,200 shares for investors, including the anchor allocation. The QIB portion comprises 13,26,000 shares, of which 7,95,000 shares are allocated to anchor investors and 5,31,000 shares to other qualified institutional buyers. The NII category has been allocated 3,99,600 shares, while 9,33,600 shares are reserved for individual investors. The IPO price band has been fixed at ₹190 to ₹200 per equity share, with a face value of ₹10 each. The lot size is 600 shares. Individual investors are required to apply for a minimum of two lots, equivalent to 1,200 shares, involving an investment of ₹2,40,000 at the upper end of the price band. For small non-institutional investors (sHNI), the minimum application size is three lots or 1,800 shares, amounting to ₹3,60,000 at the upper price. Big non-institutional investors (bHNI) have a minimum application requirement of nine lots, equivalent to 5,400 shares and an investment of ₹10,80,000. ISK Advisors Pvt. Ltd. is the book-running lead manager of the issue, while Maashitla Securities Pvt. Ltd. serves as the registrar. Isk Equities Private Ltd. and Sunflower Broking Pvt. Ltd. are the designated market makers. The IPO opened for subscription on October 30, 2026, and is scheduled to close on November 3, 2026. The Allotment is tentatively expected to be finalised on November 4, followed by refunds and credit of shares on November 5. Johnsoncab Electricals is expected to list on the BSE SME platform on November 6, 2026.

Source: 

• https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4917&type=IPO&idtype=1&status=L&IPONo=8071&startdt=30%2F10%2F2026