Mumbai, Nov. 6 -- The scrip was listed at Rs 238.50, a 19.25% premium over the IPO price. The stock is currently flat compared with its listing price.

The counter hit a high of Rs 240 and a low of Rs 226.65. About 14.17 lakh shares changed hands on the BSE.

Johnsoncab Electricals' IPO was subscribed 22.20 times. The IPO opened for subscription on 30 October 2026 and closed on 3 November 2026. The issue comprised a fresh issue of 28.01 lakh equity shares. The price band was Rs 190 to Rs 200 per share.

The company raised Rs 15.90 crore from anchor investors on 29 October 2026 through the allocation of 7.95 lakh shares.

The company proposes to utilise Rs 8.46 crore for constructing an additional factory shed, Rs 9.90 crore for purchasing...