Orient Cables IPO: dates, price band, lot size and GMP

Orient Cables logo

Orient Cables IPO listed on 5 Oct at ₹450 (NSE, BSE). Issue dates 25 – 29 Sep 2026, price band ₹258 – ₹272, lot 55 shares. The shares now trade on the exchange; any pre-IPO price on this site is historical.

Updated 6 Oct 2026, 14:03 IST. Dated dealer references.

BuyUnlistedShares tracks 197 IPOs on its calendar; the Orient Cables IPO has a price band of ₹258 – ₹272, a lot of 55 shares and no grey-market premium reported yet as of 06 Oct 2026.

Key details

Orient Cables IPO key details
BoardMainboard
Issue dates25 – 29 Sep 2026
Price band₹258 – ₹272
Lot size55 shares
Issue size₹552.00 Cr
Fresh issue₹320 Cr
Offer for sale₹232 Cr
Subscription97.28x
RegistrarKfin Technologies Ltd.
Lead managersIIFL Capital Services Ltd., JM Financial Ltd.
StatusListed

Timeline

  1. Issue opens: 25 Sep
  2. Issue closes: 29 Sep
  3. Allotment: 30 Sep
  4. Refunds: 1 Oct
  5. Demat credit: 1 Oct
  6. Listing: 5 Oct

Live subscription

Orient Cables IPO subscription by category, times subscribed
CategorySubscribed
QIB192.68x
NII121.9x
sNII105.99x
bNII129.86x
Retail32.21x
Total97.28x

Last updated 29 Sep 2026, 6:56 PM IST.

Issue details

Orient Cables IPO issue details
Face value₹1
Issue typeBook Build Issue
Listing atNSE, BSE
Market cap at the upper band₹3,095.35 Cr
P/E (pre-issue)51.81x
P/E (post-issue)23.61x
Fresh issue (shares)1,17,64,705
Offer for sale (shares)85,29,409
Total shares offered2,02,94,114
Promoter holding pre-issue98.38%
Promoter holding post-issue80.71%
PromotersVipul Nagpal, Garima Nagpal, Vardaan Nagpal, Vipul Family Trust, Garima Family Trust
Lead managersIIFL Capital Services Ltd., JM Financial Ltd.
Registrar phone040-79615565
Registrar emailorient.ipo@kfintech.com
Company websiteorientcables.in
Anchor bid date24 Sep 2026
Anchor lock-in ends (50%)30 Oct 2026
Anchor lock-in ends (remaining)29 Dec 2026

Lot sizes by investor category

Orient Cables IPO lot sizes
CategoryLotsSharesAmount
Retail (minimum)155₹14,960
Retail (maximum)14770₹2,09,440
sNII (minimum)14770₹2,09,440
bNII (minimum)673,685₹10,02,320

Reservation

Orient Cables IPO reservation by category
CategoryShare of issueShares offeredBasis
Anchor Investor30%60,88,233
QIB20%40,58,823Not more than 50% of the Offer
NII (HNI)15%30,44,118Not less than 15% of the Offer
sNII5%10,14,706
bNII10%20,29,412
Retail35%71,02,940Not less than 35% of the Offer

Subscription by day

Orient Cables IPO subscription, day-end figures
DayQIBNIIsHNIbHNIRetailTotal
Day 1 · 25 Sep0.01x3.67x5.61x2.69x2.56x2.07x
Day 2 · 28 Sep0.06x18.31x24.77x15.08x9.66x8.77x
Day 3 · 29 Sep192.68x121.90x105.99x129.86x32.21x97.28x

Key ratios as of 31 Mar 2026

Orient Cables IPO key ratios
EPS (pre-issue)₹5.25
EPS (post-issue)₹13.04
P/E (pre-issue)51.81x
P/E (post-issue)23.61x
RoNW25.84%
RoCE23.82%
RoE25.84%
PAT margin4.55%
EBITDA margin8.23%
Price / book11.77x
NAV per share₹23.11
Debt / equity0.94
Market cap (upper band)₹3,095.35 Cr

Financials (₹ Cr)

Orient Cables financials as filed, ₹ Cr
Metric30 Jun 2026FY26FY25FY24FY26 vs FY25
Assets743.19580.79427.19293.22+36%
Total Income490.941,181.67831.86664.98+42.1%
Profit After Tax32.7853.5653.3240.07+0.5%
EBITDA54.8996.483.8658.82+15%
NET Worth268.76235.84180.7127.54+30.5%
Reserves and Surplus257.35224.34170.5126.52+31.6%
Total Borrowing258.46234.19113.4536.73+106.4%

About Orient Cables

Orient Cables is engaged in the manufacturing and supply of networking cables, passive networking components, and specialized cable solutions. The company's product offerings are broadly classified into three key business segments:

Its products cater to a wide range of industries and applications, including telecommunications, broadband infrastructure, data centres, renewable energy projects, smart building systems, security and surveillance networks, system integration, fast-moving electrical goods (FMEG), and the automotive sector.

As of March 31, 2025, the company had an aggregate installed manufacturing capacity of approximately 794,976 kilometres of cables.

To expand its product portfolio and address emerging market opportunities, Orient Cables is developing and introducing new products such as E-beam irradiated specialty cables, solar junction boxes, tethered drone systems, harness assemblies, and power cords.

Objects of the issue

  1. Funding of capital expenditure requirements of Company towards purchase of machinery, equipment and civil works at Manufacturing Facilities — ₹91.5 Cr
  2. Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by Company — ₹155.5 Cr
  3. General Corporate Purposes — ₹48.34 Cr
  4. Issue Expenses — ₹42.53 Cr

Net proceeds: ₹337.87 Cr

Peer comparison

Orient Cables IPO listed peers, financial year ended 31 Mar 2026
CompanyEPS (Basic)EPS (Diluted)NAV (₹ per share)P/E (x)RoNW (%)Financial statements
Orient Cables (India) Limited (issuer)5.275.2723.11—25.84%Consolidated
RR Kabel Limited43.5343.52227.6154.85x20.83%Consolidated
Polycab India Limited177.53176.95805.546.69x24.58%Consolidated
Finolex Cables Limited46.6746.67397.9326.29x12.33%Consolidated
Havells India Limited26.9526.94150.9542.69x18.97%Consolidated
KEI Industries Limited96.0996.02697.1748.99x14.75%Consolidated
Paramount Communications Limited1.961.9625.4933.47x7.99%Consolidated
Birla Cable Limited5.635.6393.6363.54x6.33%Consolidated
Sterlite Technologies Limited1.151.1146.46708.38x2.63%Consolidated

Financial information for the Company is derived from the Restated Consolidated and Standalone Financial Information as at and for the financial year ended March 31, 2026. Notes: The financial information for listed industry peers mentioned above is on a consolidated basis and is sourced from the annual reports, investor presentations and the audited financial results of the relevant companies for financial year ended March 31, 2026, as available on the websites of the Stock Exchanges.

Strengths (per the offer document)

Risk factors (as disclosed by the company)

From the RHP (strengths pages 221–229, risk factors pages 23–37). Headings shortened; the wording is the company’s. Not a recommendation.

Offer documents: DRHP (PDF) · RHP (PDF)

Track this issue

Frequently asked questions

When does the Orient Cables IPO open and close?

The issue is scheduled for 25 – 29 Sep 2026.

What is the Orient Cables IPO price band?

The price band is ₹258 – ₹272 per share with a lot size of 55 shares.

How big is the Orient Cables IPO?

The total issue size is ₹552.00 Cr, of which ₹320 Cr is a fresh issue and ₹232 Cr an offer for sale.

When will Orient Cables list?

The tentative listing date is 5 Oct on the main board.

How do I apply for the Orient Cables IPO?

Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.

Sources

How to cite this page: BuyUnlistedShares, “Orient Cables IPO”, https://buyunlistedshares.com/ipo/orient-cables-ipo, as of 06 Oct 2026.

Other IPOs on the calendar

Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk: the unlisted and pre-IPO dealing desk of Gayatri Financial Synergy, Faridabad, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.

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Orient Cables IPO 2026: Dates, Price Band, Lot Size, GMP