JD Cables IPO shares to list today; decent GMP keeps investors interested

JD Cables, a Howrah-based manufacturer, will launch on the BSE SME platform. The IPO saw strong investor interest, subscribing 127.8 times. The IPO price was finalized at Rs 152 per share. Grey market activity indicates a premium. Retail investors, QIBs, and NIIs showed significant demand. The company will use IPO proceeds for working capital and debt repayment.