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IPO Open

Fri, Sep 25, 2026

IPO Close

Tue, Sep 29, 2026

Price Band

₹258 to ₹272

Market Cap*

₹3,095.35 Cr * on Upper Price

IPO Details

  • IPO Date
    25 to 29 Sep, 2026
  • Listing Date
    Mon, Oct 5, 2026
  • Face Value
    ₹1 per share
  • Price Band
    ₹258 to ₹272
  • Lot Size
    55 Shares
  • Sale Type
    Fresh capital cum OFS
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Fresh Issue
    2,02,94,114 shares (agg. up to ₹552 Cr)
  • Fresh Issue
    1,17,64,705 shares (agg. up to ₹320 Cr)
  • Offer for Sale
    85,29,409 shares of ₹1 (agg. up to ₹232 Cr)
  • Share Holding Pre Issue
    10,20,35,000 shares
  • Share Holding Post Issue
    11,37,99,705 shares

IPO Timetable (Tentative)

  • IPO Open
    Fri, Sep 25, 2026
  • Allotment
    Wed, Sep 30, 2026
  • Credit of Shares
    Thu, Oct 1, 2026
  • IPO Close
    Tue, Sep 29, 2026
  • Refund
    Thu, Oct 1, 2026
  • Listing
    Mon, Oct 5, 2026

Issue Reservation

Investor Category Shares
QIB Not more than 50% of the Offer
Retail Not less than 35% of the Offer
NII Not less than 15% of the Offer

IPO Lot Size

Investors can bid for a minimum of 55 shares and in multiples thereof.

Application Lots Shares Amount
Retail (Min) 1 55 ₹14,960
Retail (Max) 13 715 ₹1,94,480
S-HNI (Min) 14 770 ₹2,09,440
S-HNI (Max) 66 3630 ₹9,87,360
B-HNI (Min) 67 3685 ₹10,02,320

About Orient Cables (India) Ltd.

Incorporated in September 2005, Orient Cables (India) Limited is a manufacturer of networking cables and passive networking equipment. The Company has nearly two decades of experience in the networking cables and passive networking equipment industry and caters to industries including broadband, telecommunications, data centres, renewable energy, smart building automation and security, system integration, FMEG and automotive.

Its product portfolio includes CAT5, CAT5e, CAT6 and CAT6A networking cables, patch cords, CCTV and coaxial cables, instrumentation and control cables, power cables, optical fibre cables, fibre patch cords, keystone jacks, power strips and power cords. The Company also manufactures customized products based on customer requirements.

As of June 30, 2026, the Company had an installed capacity of 895,776 km. It has also expanded its product portfolio into E-beam irradiated specialty cables, solar junction boxes, tethered drone systems, cable harnesses, power cords and EV charging cables and guns. Its EV charging cables are TÜV certified.

According to the 1Lattice Report, the Company was among the top four networking cable players in India, with a market share of approximately 22.9% in Fiscal 2026, compared with approximately 16% in Fiscal 2022. The Company serves customers across telecom, broadband, data centres, renewable energy, e-mobility, FMEG, smart homes and offices, security and surveillance, railways, defence and aerospace.

As of June 30, 2026, the Company had 613 permanent employees and 1,327 contractual employees.

Competitive Strengths

  • Long-standing customer relationships.
  • Strategically located manufacturing facilities.
  • Presence across diverse end-user industries.
  • Customized product development capabilities.
  • Established presence in the networking cables industry.
  • Focus on product innovation and new product development.
  • Diversified portfolio of networking and specialty cable products.

Company Financials (Restated)

Orient Cables (India) Ltd.’s revenue increased by 42% and profit after tax (PAT) not changed between the financial year ending with March 31, 2026 and March 31, 2025.    (Amount in ₹ Crore)

Period Ended 30 Jun 2026 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 743.19 580.79 427.19 293.22
Total Income 490.94 1,181.67 831.86 664.98
Profit After Tax 32.78 53.56 53.32 40.07
EBITDA 54.89 96.40 83.86 58.82
NET Worth 268.76 235.84 180.70 127.54
Reserves and Surplus 257.35 224.34 170.50 126.52
Total Borrowing 258.46 234.19 113.45 36.73

Recently Listed IPOs in Cables – Electricals

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Lumino Industries Ltd. Mainboard ₹700.00 Cr ₹82 12.48 ₹110.32 +34.54% ₹108.27
Laser Power & Infra Ltd. Mainboard ₹742.00 Cr ₹214 16.24 ₹262.42 +22.63% ₹275.05
Susan Electricals India Ltd. SME ₹70.38 Cr ₹127 10.85 ₹195.30 +53.78% ₹302.10

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

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

Key Performance Indicator (KPI)

KPI Jun 30, 2026 Mar 31, 2026
ROE 13.17% 25.84%
ROCE 10.36% 23.82%
Debt/Equity 0.95 0.94
RoNW 13.17% 25.84%
PAT Margin 6.77% 4.55%
EBITDA Margin 11.22% 8.23%
NAV 26.34 23.11
Price to Book Value 10.33 11.77

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPS (₹) 5.25 11.52
P/E (x) 51.81 23.61
Market Cap at Offer Price ₹2,775.35 Cr. ₹3,095.35 Cr
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of June 30, 2026 available in RHP.

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 100% 82.17%
Public 17.83%
Total 100% 100%

Company Promoters: Vipul Nagpal, Garima Nagpal, Vardaan Nagpal, Vipul Family Trust and Garima Family Trust.

Offer For Sale – Selling Shareholders

Name Category Estimated Amount (₹ cr.)
Vipul Nagpal Promoter 67.20
Garima Nagpal Promoter 15.70
Vipul Family Trust Promoter 52.00
Garima Family Trust Promoter 97.10
Total 232.00

*Estimated Amount (₹ cr.) shown until the actual number of shares offered in OFS is entered.

Orient Cables IPO Recommendations

Review By Subscribe May Apply Neutral Avoid
Brokers 0 0 0 0
Members 0 0 0 0

IPO Registrar

Kfin Technologies Ltd.

IPO Lead Manager(s)

  1. IIFL Capital Services Ltd.
  2. JM Financial Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Orient Cables (India) Ltd. Address
House No. 8 BLK-D
Second Floor
Ashok Vihar PH-1
New Delhi, New Delhi, 110052

IPO FAQs

Orient Cables IPO is a main-board IPO of 2,02,94,114 equity shares of the face value of ₹1 aggregating up to ₹552 Crores. The issue is priced at ₹258 to ₹272. The minimum order quantity is 55.

The IPO opens on Fri, Sep 25, 2026, and closes on Tue, Sep 29, 2026.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

 

Angel One customers can apply online in Orient Cables IPO using UPI as a payment gateway. Angel One customers can apply in Orient Cables IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Orient Cables IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Orient Cables IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Orient Cables IPO opens on Fri, Sep 25, 2026 and closes on Tue, Sep 29, 2026.

Orient Cables IPO lot size is 55, and the minimum amount required for application is ₹14,960.

You can apply in Orient Cables IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank

The finalization of Basis of Allotment for Orient Cables IPO will be done on Wednesday, September 30, 2026, and the allotted shares will be credited to your demat account by Thu, Oct 1, 2026. Check the Orient Cables IPO allotment status.

The Orient Cables IPO listing date is not yet announced. The tentative date of listing is Mon, Oct 5, 2026.

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