Johnsoncab Electricals IPO Subscription Status Day 3: Issue Subscribed 23.70 Times

Mumbai, November 03: The Johnsoncab Electricals IPO was subscribed 23.70 times overall as of 4:54:54 PM IST on November 3, 2026, the third and final day of bidding, according to the subscription figures provided. The non-institutional investor (NII) category recorded 42.26 times subscription, while qualified institutional buyers (QIBs), excluding anchor investors, registered 20.19 times. The individual investor category stood at 17.74 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 was offered at a price band of ₹190 to ₹200 per share, with the issue price fixed at ₹200. Subscription opened on October 30, 2026, and closed 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 3 Subscription Status

As of 4:54:54 PM IST on November 3, 2026, the Johnsoncab Electricals IPO had received bids for 4,41,72,600 equity shares against 18,64,200 shares available for public subscription, excluding the anchor investor and market maker portions. The non-institutional investor segment received bids for 1,68,87,600 shares against an allocation of 3,99,600 shares. Within this category, big non-institutional investors (bNII) submitted bids for 1,34,54,400 shares against 2,66,400 shares offered, while small non-institutional investors (sNII) placed bids for 34,33,200 shares against their allocation of 1,33,200 shares. Qualified institutional buyers, excluding anchor investors, submitted bids for 1,07,19,000 shares against 5,31,000 shares offered. Individual investors placed bids for 1,65,66,000 equity shares against 9,33,600 shares reserved for the category.

The category-wise subscription position at the reported snapshot time was as follows:

Investor Category	Shares Offered	Shares Bid For	Subscription (Times)
QIB (Ex Anchor)	5,31,000	1,07,19,000	20.19x
NII/HNI	3,99,600	1,68,87,600	42.26x
bNII (Above ₹10 lakh)	2,66,400	1,34,54,400	50.50x
sNII (Below ₹10 lakh)	1,33,200	34,33,200	25.77x
Individual Investors (Retail)	9,33,600	1,65,66,000	17.74x
Total	18,64,200	4,41,72,600	23.70x

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 public subscription on October 30, 2026, and concluded on November 3, 2026, covering three bidding days. The supplied records show the subscription position across the investor categories during the bidding period. The final day’s figures reflect the snapshot captured at 4:54:54 PM IST on November 3, 2026.

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)	0.99x	2.89x	2.21x	2.01x
November 3, 2026 (Day 3, 4:54:54 PM IST)	20.19x	42.26x	17.74x	23.70x

The IPO recorded an overall subscription of 1.14 times on its opening day, followed by 2.01 times on the second day. By the final day’s reported snapshot, the total had reached 23.70 times. The NII segment maintained the highest subscription multiple among the public investor categories throughout the bidding period. Within this segment, big non-institutional investors recorded 50.50 times subscription on Day 3, compared with 25.77 times for small non-institutional investors. The QIB category, which had recorded no bids on the opening day, reached 20.19 times subscription by the final day’s snapshot. Individual investor subscription also increased from 1.30 times on Day 1 to 17.74 times on Day 3.

Johnsoncab Electricals IPO Timeline

The Johnsoncab Electricals IPO closed for public subscription on November 3, 2026. Following the bidding period, the issue is scheduled to proceed through allotment and settlement, with the tentative listing planned for November 6, 2026.

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 investor allocation. The QIB portion comprises 13,26,000 shares, representing approximately 49.86% of the net offer. This includes 7,95,000 shares allocated to anchor investors and 5,31,000 shares for other qualified institutional buyers. Non-institutional investors have been allocated 3,99,600 shares, while 9,33,600 shares are reserved for individual investors. The IPO price band was fixed at ₹190 to ₹200 per equity share, with a face value of ₹10 each. The issue price is ₹200 per share, and the lot size is 600 shares. Individual investors were required to apply for a minimum of two lots, equivalent to 1,200 shares, involving an investment of ₹2,40,000 at the issue price. For small non-institutional investors (sHNI), the minimum application size was three lots or 1,800 shares, amounting to ₹3,60,000. Big non-institutional investors (bHNI) had 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 closed 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