Checked · GMP unchanged since
Johnsoncab Electricals IPO GMP is ₹10 as of 29 Oct, 09:35 pm — expected profit +5.0% on the ₹200 upper band. The premium has ranged ₹0–₹10 since 27 Oct, changing 1 time.
GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a forecast, or investment advice.
Detailed financials for this issue aren’t available yet.
| Application | Shares | Amount at ₹200 |
|---|---|---|
| Individual investor (min)minimum application | 1,200 | ₹2,40,000 |
The minimum application is 1,200 shares, ₹2,40,000 at the ₹200 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Johnsoncab Electricals, the registrar is Maashitla Securities Private Limited.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: Maashitla. Your bank will also show the blocked amount released if shares were not allotted.
The last grey market premium reported for the Johnsoncab Electricals IPO is ₹10, as of 29 Oct, 9:35 pm. Against the ₹200 upper band that is +5.0%. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.
Adding the ₹10 premium to the ₹200 upper band gives an implied price of ₹210. That is only what unregulated grey-market dealers are quoting today; the listing price is discovered on the exchange in the pre-open session on listing day and routinely differs from it.
No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.
The premium is checked about every 20 minutes between 8 am and 10 pm IST, every day while the issue is live, from a third-party grey-market reporter. The history table adds a row only when the premium changes, with the date and time it changed, how much it moved and the listing price it implies.
NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that book about every 5 minutes during bidding hours and shows QIB, NII and individual investor demand, plus one row per day so the build-up over the issue can be compared.
Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment follows the basis of allotment the registrar finalises with the stock exchange — for small investors, a lottery for the minimum application.
Allotment for the Johnsoncab Electricals IPO is scheduled for 4 November 2026, the trading day after bidding closes on 3 November 2026. Under SEBI's T+3 timeline, refunds and demat credit are due on 5 November 2026 and the shares list on 6 November 2026. Dates are tentative until the registrar and exchange confirm them.
Check it on the registrar's IPO allotment page: Maashitla Securities Private Limited publishes the result once it finalises the basis of allotment with the stock exchange. Choose the issue and enter your PAN, application number or DP ID / client ID. BSE and NSE also show allotment status on their websites, using the registrar's data. If no shares are allotted, your bank releases the blocked amount. alphave does not publish allotment results.
The registrar to the Johnsoncab Electricals IPO is Maashitla Securities Private Limited. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.
The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.
Bidding for the Johnsoncab Electricals IPO opens on 30 October 2026 and closes on 3 November 2026. On the last day, SME bidding closes at 4:00 pm and UPI mandates can be accepted until 5:00 pm. Brokers may stop taking bids somewhat earlier.
Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 30 October 2026 and 3 November 2026. The amount is only blocked, not debited, until allotment. SME bids name a price within the band — the cut-off option is not available for SME issues — and individual investors apply for two lots (1,200 shares); a UPI mandate must be approved by 5:00 pm on the closing day.
3 November 2026 is the last day of bidding; for an SME issue, bidding closes at 4:00 pm that day. Allotment is scheduled for 4 November 2026, refunds and demat credit for 5 November 2026, and listing for 6 November 2026 — tentative until confirmed.
The Johnsoncab Electricals IPO price band is ₹190 to ₹200 per share. SME bids name a price within the band; the cut-off option is not available for SME issues.
The minimum application is 1,200 shares — two lots — which costs ₹2,40,000 at the ₹200 upper price. Individual investors apply for exactly this minimum; applications above two lots are non-institutional.
₹2,40,000 — the minimum application of 1,200 shares (two lots) at ₹200. Only applications above two lots are non-institutional.
Johnsoncab Electricals is an SME issue listing on BSE SME. SME issues need a minimum application above ₹2,00,000 and trade on the exchange's SME platform after listing. ISK ADVISORS PRIVATE LIMITED is a lead manager to the issue.
The issue size is ₹56.02 crore, all of it a fresh issue of new shares.
The Johnsoncab Electricals IPO's offer document is linked on this page as filed. The stock exchange also publishes it, and the lead managers host it.
The Draft Red Herring Prospectus is the document a company files before an IPO — with SEBI for a mainboard issue, with the stock exchange for an SME issue. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the updated version filed before the issue opens, with the issue dates; the price band is announced separately, at least two working days before bidding opens.
Consistent growth in revenue from operations demonstrating business scalability Continued investment in manufacturing infrastructure to support future growth Established Vendor Approvals and Eligibility to Participate in Government Tenders
Our Company's manufacturing activities are employee intensive and are subject to labour laws and any strike, work stoppage or increased wage demand by our employees or any other kind of disputes with our employees or high attrition could adversely affect our business, financial condition, results of operations and cash flows Our Company does not own the land on which premises of our registered office and manufacturing units are situated and both the land are on long term lease arrangement. Our depot is also operated from lease premised. Any termination of such lease/license thereof and attachment by land owner could adversely affect our operations We generate our major portion of sales from our operations in certain geographical regions especially Gujarat, Rajasthan, West Bengal and Uttar Pradesh. Any adverse developments affecting our operations in these regions could have an adverse impact on our revenue and results of operations The page lists all 8 disclosed risk factors.
Subscription figures are the exchange's category-wise book (NSE's consolidated NSE and BSE figure, or BSE's own for a BSE-only issue), read about every 5 minutes during bidding hours. GMP is an unofficial grey-market indicator checked about every 20 minutes between 8 am and 10 pm IST from a third-party reporter; the history keeps a row for each change. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue details and the offer document filed with the stock exchange. Financials are the restated figures in the offer document, and the shareholding pattern is as disclosed there; allotment results come from the registrar, whose page this page links to. Anchor investor allocations, where shown, are from the anchor allocation filed with the exchange.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹10 on a ₹200 upper band means the grey market is dealing at ₹210.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.