Checked · GMP unchanged since
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.
The draft red herring prospectus is filed with SEBI before the issue; the red herring prospectus adds the price band and dates just before bidding opens. Both describe the business, the restated financials, the risk factors and how the proceeds will be used.
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 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.
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.