Orient Cables (India) Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹258 - ₹272
- Lot size
- 55 shares
- Issue amount
- ₹552 cr
- Total subscription
- 97.28×
- Opens
- 25 Sept 2026
- Closes
- 29 Sept 2026
- Allotment
- 30 Sept 2026
- Listing
- 5 Oct 2026
Offer at a glance
Issue overview
- Issue size
- 2,02,94,114 shares
- Face value
- ₹1 Per Share
- Minimum investment
- ₹14,190
- Fresh issue
- ₹320 cr
- Offer for sale
- ₹232 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,960
- Issue type
- Bookbuilding IPO
- Shares before issue
- 10,20,35,000
- Shares after issue
- 11,37,99,705
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 55 | ₹14,960 |
| sHNI | 14 | 770 | ₹2,09,440 |
| bHNI | 67 | 3,685 | ₹10,02,320 |
Share reservation
Subscription & GMP
Subscription by category
Reported 29 Sept 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 1,29,144 | 36,39,205 |
| HNIs(10L +) | 2,636 | 70,718 |
| HNIs (2-10L) | 1,318 | 1,35,361 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 110.4 | 21,271.84 |
| RETAIL | 193.2 | 6,222.1 |
| HNIs 2+ | 27.6 | 2,925.26 |
| HNIs 10+ | 55.2 | 7,168.44 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-26 | Mar-26 | Mar-25 |
|---|---|---|---|
| EPS | 3.26 | 5.27 | 5.23 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 13.17 | 25.84 | 34.6 |
| PRE IPO(PE) | 0 | 51.81 | 0 |
| POST IPO(PE) | 23.61 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Orient Cables (India) Limited | 51.81 | 0 | 1.00 | 23.11 | 25.84 | 5.27 |
| RR Kabel Limited | 54.85 | 0 | 5.00 | 227.61 | 20.83 | 43.53 |
| Polycab India Limited | 46.69 | 0 | 10.00 | 805.50 | 24.58 | 177.53 |
| Havells India Limited | 42.69 | 0 | 1.00 | 150.95 | 18.97 | 26.95 |
| KEI Industries Limited | 48.99 | 0 | 2.00 | 697.17 | 14.75 | 96.09 |
| Paramount Communications Limited | 33.47 | 0 | 2.00 | 25.49 | 7.99 | 1.96 |
| Birla Cable Limited | 63.54 | 0 | 10.00 | 93.63 | 6.33 | 5.63 |
| Sterlite Technologies Limited | 708.38 | 0 | 2.00 | 46.46 | 2.63 | 1.15 |
| Finolex Cables Limited | 26.29 | 0 | 2.00 | 397.93 | 12.33 | 46.67 |
Company information
Company profile
Orient Cables is engaged in manufacturing networking cables and passive networking equipment, offering a diversified product portfolio across three key segments—networking cables and solutions, specialty power and optical fibre cables, and other allied products. Its products cater to a wide range of industries including telecom, broadband, data centres, renewable energy, smart infrastructure, and automotive. With a strong manufacturing base and an installed capacity of nearly 7.95 lakh kilometers of cables as of March 2025, the company is well-positioned to meet growing demand in connectivity and power solutions. It is also expanding into advanced segments such as E-beam irradiated cables, solar junction boxes, tethered drone systems, and power harness solutions, reflecting its focus on innovation and future-ready technologies.
Strengths
- Long-Standing Customer Relationships: The company has built strong relationships with customers across different industries and applications, supporting its presence in the networking and specialty cable markets.
- Strategically Located Manufacturing Facilities: Orient Cables has manufacturing facilities positioned to efficiently support production and customer requirements. Its facilities enable the company to offer a wide range of networking and specialty cables.
- Diversified End-User Presence: The company caters to several sectors, including telecom, data centres, renewable energy, e-mobility, FMEG, security, railways, defence and aerospace. This diversified customer base provides exposure to multiple applications and industries.
Risk factors
- Brand & Reputation Risk: The company’s brand and reputation are important to its business. Any negative publicity or intellectual property dispute involving the “ORIENT” brand could affect its business, future growth, financial performance and cash flows.
- Raw Material Supplier Concentration: The top 10 suppliers accounted for more than 74.91% and 69.71% of primary raw material purchases during the three months ended June 30, 2026 and FY2026, respectively. Price increases, shortages or supply disruptions from key suppliers could raise costs, delay projects and affect financial performance.
- Customer Concentration: The top 10 customers contributed 84.00% and 76.52% of revenue from operations during the three months ended June 30, 2026 and FY2026, respectively. Any reduction in orders, loss of major customers or termination of contracts/purchase orders could negatively impact the company’s business, cash flows and financial performance.
Promoters
Vipul Nagpal
Garima Nagpal
Vardaan Nagpal
Vipul Family Trust
Garima Family Trust
Registrar & documents
Lead manager
IIFL Capital Services Limited, Jm Financial Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
House No. 8 BLK-D, Second Floor, Ashok Vihar PH-1, New Delhi, Delhi New Delhi, New Delhi, 110052
+91 14932 94094
[email protected]Company website ↗Understanding ORIENTCABL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.