Orient Cables

Orient Cables IPO

Upcoming

MainboardOpens 25 September 2026Closes 29 September 2026

Incorporated in 2005, Orient Cables (India) Limited is an Indian manufacturer and supplier of networking cables, passive networking components, and specialized cable solutions. The company's product portfolio is…

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Price band
₹258 - ₹272
Issue size
₹552 Cr
Lot size
55 shares
Type
Mainboard
GMP
₹113 (+41.5%)
Est. listing
₹385
Est. profit / app
₹6,215
Retail quota
35.00%

Key ratios

As per RHP / filings
Face value
₹1
EPS
11.52
P/E ratio
23.61
RoNW
25.84%
ROE
25.84%
Debt / Equity
0.94
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Timeline

  1. IPO Opens

    25 Sept 2026

  2. IPO Closes

    29 Sept 2026

  3. Allotment

    30 Sept 2026

  4. Listing

    5 Oct 2026

IPO Timeline & Listing Details

EventDate
IPO Open Date25 September 2026
IPO Close Date29 September 2026
Allotment Date30 September 2026
Listing Date5 October 2026

Investment Categories

CategoryLotsAmount
Retail (Min)
1₹14,960
Retail (Max)Just less than ₹2,00,000
13₹1,94,480
SHNI (Min)Just above ₹2,00,000
14₹2,09,440
SHNI (Max)Below ₹10,00,000
66₹9,87,360
BHNIAbove ₹10,00,000
67₹10,02,320

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)50.00%
NII (Non-Institutional Investor)15.00%
SHNI (Small Non-Institutional Investor)5.00%
BHNI (Big Non-Institutional Investor)10.00%
Retail35.00%
Total100.00%

IPO Objectives

  • Funding of capital expenditure requirements of our Company towards purchase of machinery, equipment and civil works at our Manufacturing Facilities (₹91.50 Cr).
  • Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company (₹155.50 Cr).
  • General Corporate Purposes.

Strengths

  • Established presence as a specialized manufacturer of high-performance networking cables, optical fibre cables, and connectivity solutions.
  • Broad, customized product portfolio serving telecommunications, broadband, cloud data centres, EV charging, and renewable energy sectors.
  • Long-term relationships with tier-1 telecom providers, enterprise system integrators, and infrastructure conglomerates in India and abroad.
  • Integrated manufacturing infrastructure with strategic capacity expansions in Bhiwadi (Rajasthan) and Bengaluru (Karnataka).

Weaknesses

  • Significant customer concentration risk, with top 10 customers contributing 76.52% of revenue from operations in FY26 (and 84.00% in Q1 FY27).
  • High dependence on key raw materials (copper, PVC compounds, HDPE) sourced on a purchase-order basis without long-term price protection contracts.
  • Ongoing trademark litigation with Orient Electric Limited regarding the use of the 'ORIENT' brand before the Delhi High Court and trademark registry.
  • Negative cash flows from operating activities in recent periods (-₹26.64 Cr in FY26 and -₹11.76 Cr in Q1 FY27) due to working capital and inventory requirements.
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Financial Performance

Period Ended30 Jun 202631 Mar 202631 Mar 202531 Mar 2024
Assets (₹ Cr.)743.19580.79427.19293.22
Revenue (₹ Cr.)490.941,181.67831.86664.98
PAT (₹ Cr.)32.7853.5653.3240.07
Net Worth (₹ Cr.)268.76235.84180.7127.54

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Orient Cables11.7723.6125.84%235.84
Sterlite Technologies Limited11.83177.282.1%2,268
Birla Cable Limited4.0224.46.02%280.9
Paramount Communications Limited2.3233.127.68%717.19

Subscription Details

No daily bids available.

No subscription statistics available.

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Company Details

  • Orient Cables (India) Limited
  • House No. 8 BLK-D, Second Floor, Ashok Vihar PH-1, New Delhi, Delhi – 110 052, India
  • +91 14932 94094
  • compliance@orientcables.in
  • https://www.orientcables.in

Registrar Details

Frequently Asked Questions

What is the primary business of Orient Cables (India) Limited?
Orient Cables (India) Limited specializes in the manufacturing and supply of structured networking cables (copper LAN and optical fibre), specialty power cables, and passive connectivity solutions for telecom, enterprise, and industrial sectors.
What are the subscription dates for the Orient Cables IPO?
The IPO opens for public bidding on Friday, September 25, 2026, and closes on Tuesday, September 29, 2026 (Anchor investor bidding is scheduled for Thursday, September 24, 2026).
What is the price band and minimum retail application size for the IPO?
The price band is fixed at ₹258.00 to ₹272.00 per share. Retail investors can apply for a minimum of 1 lot comprising 55 shares, requiring ₹14,960 at the upper price band of ₹272.
What is the total issue size and structure of the Orient Cables IPO?
The total issue size is ₹552.00 Crore, comprising a Fresh Issue of ₹320.00 Crore (approx. 1,17,64,706 shares) and an Offer for Sale (OFS) of ₹232.00 Crore (approx. 85,29,412 shares) by the promoter selling shareholders.
When and where are the shares of Orient Cables scheduled to list?
The equity shares are tentatively scheduled to list on the BSE and NSE on Monday, October 5, 2026, with NSE designated as the Designated Stock Exchange.

Orient Cables IPO News & Updates

Follow the latest updates for Orient Cables IPO, including grey market moves and allotment news.

Orient Cables IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Sources

We match Orient Cables IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • KFin Technologies LimitedOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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