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    Orient Cables (India) IPO

    Updated 11 Nov 2026, 6:45 pm.

    Open Demat Account
    GMP disclaimer: GMP is unofficial and unregulated. It is not a recommendation or a reliable estimate of listing price or returns. Consider the RHP and your own risk assessment before applying.

    Minimum investment (Retail)

    ₹14,960

    1 lot · 55 shares at the upper price band

    Price band

    ₹272

    Latest GMP

    ₹123

    +45.2% of the ₹272 upper band

    Est. listing price

    ₹395

    Issue size

    ₹552 Cr

    Listing price

    ₹450.00

    NSE ORIENTCABL, special pre-open price

    Listing gain

    +65.4%

    Listing price against the issue price

    First-day close

    ₹405.00

    Since issue

    +50.3%

    ₹408.95 close, 13 Nov 2026

    As NSE lists it

    The exchange's own issue data, NSE symbol ORIENTCABL · read 14 Nov 2026, 12:15 am

    Price band
    ₹258–272
    Bidding
    25 Sept 2026 – 29 Sept 2026
    Subscribed (NSE)
    —
    Shares offered
    —
    Listed
    5 Oct 2026
    Issue price
    ₹272

    NSE's subscription counts bids on its own platform and can differ from the combined NSE + BSE figure above.

    Allotment status

    Check it on the registrar's page or either exchange with your PAN or application number.

    1. Allotment finalised30 Sept 2026(done)
    2. Refunds start1 Oct 2026(done)
    3. Shares credited to demat1 Oct 2026(done)
    4. Listing5 Oct 2026(done)
    Check on Kfin Technologies Ltd.Check on BSECheck on NSE

    GMP history

    Each point is a recorded observation from the scheduled data sync.

    ObservedGMPEst. listing price
    5 Oct 2026, 6:50 pm₹123₹395
    5 Oct 2026, 6:45 pm₹123₹395
    5 Oct 2026, 1:50 pm₹123₹395
    5 Oct 2026, 1:45 pm₹123₹395
    5 Oct 2026, 11:31 am₹123₹395
    5 Oct 2026, 8:50 am₹123₹395
    5 Oct 2026, 8:45 am₹123₹395
    3 Oct 2026, 10:44 pm₹123₹395
    3 Oct 2026, 6:50 pm₹111—
    3 Oct 2026, 1:50 pm₹120—
    3 Oct 2026, 8:50 am₹123—
    2 Oct 2026, 6:50 pm₹123—
    2 Oct 2026, 1:50 pm₹122—
    2 Oct 2026, 8:50 am₹107₹379
    2 Oct 2026, 8:45 am₹107₹379
    1 Oct 2026, 6:50 pm₹99₹362
    1 Oct 2026, 6:45 pm₹90₹362
    1 Oct 2026, 1:50 pm₹90₹362
    1 Oct 2026, 1:45 pm₹90₹362
    1 Oct 2026, 8:50 am₹90—
    30 Sept 2026, 6:50 pm₹87₹360
    30 Sept 2026, 6:45 pm₹85₹360
    30 Sept 2026, 1:50 pm₹87₹360
    30 Sept 2026, 1:45 pm₹85₹360
    29 Sept 2026, 6:50 pm₹81₹360
    29 Sept 2026, 6:45 pm₹85₹360
    29 Sept 2026, 1:50 pm₹72₹344
    29 Sept 2026, 1:45 pm₹72₹344
    29 Sept 2026, 8:50 am₹72₹344
    29 Sept 2026, 8:45 am₹72₹344
    28 Sept 2026, 6:50 pm₹84₹352
    28 Sept 2026, 6:45 pm₹80₹352
    28 Sept 2026, 1:50 pm₹85₹362
    28 Sept 2026, 1:45 pm₹90₹362
    28 Sept 2026, 8:50 am₹90₹362
    28 Sept 2026, 8:45 am₹90₹362
    26 Sept 2026, 6:50 pm₹83₹352
    26 Sept 2026, 6:45 pm₹80₹352
    26 Sept 2026, 1:50 pm₹83₹352
    26 Sept 2026, 1:45 pm₹80₹352
    26 Sept 2026, 8:50 am₹97₹385
    26 Sept 2026, 8:45 am₹113₹385
    25 Sept 2026, 6:50 pm₹92₹385
    25 Sept 2026, 6:45 pm₹113₹385
    25 Sept 2026, 1:51 pm₹100—
    25 Sept 2026, 1:45 pm₹113₹385
    25 Sept 2026, 8:50 am₹113₹385
    25 Sept 2026, 8:45 am₹113₹385
    24 Sept 2026, 6:50 pm₹64₹332
    24 Sept 2026, 6:45 pm₹60₹332
    24 Sept 2026, 1:50 pm₹49₹317
    24 Sept 2026, 1:45 pm₹45₹317
    24 Sept 2026, 8:50 am₹45₹317
    24 Sept 2026, 8:45 am₹45₹317
    23 Sept 2026, 6:50 pm₹40₹306
    23 Sept 2026, 6:45 pm₹34₹306
    23 Sept 2026, 1:50 pm₹37₹306
    23 Sept 2026, 1:45 pm₹34₹306
    23 Sept 2026, 8:50 am₹34₹306
    23 Sept 2026, 8:45 am₹34₹306
    22 Sept 2026, 6:50 pm₹0₹272
    22 Sept 2026, 6:45 pm₹0₹272

    GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.

    Issue details

    Board
    Mainboard
    Price band
    ₹272
    Issue size
    ₹552 Cr
    Lot size
    55
    Opens
    25 Sept 2026
    Closes
    29 Sept 2026
    Allotment
    30 Sept 2026
    Listing
    5 Oct 2026
    Est. listing price
    ₹395
    Listing price
    ₹450
    Listing gain
    +65.4%
    Registrar
    Kfin Technologies Ltd.
    Minimum investment
    ₹14,960 (1 lot · 55 shares)
    Face value
    ₹1 per share
    Issue type
    Bookbuilding IPO
    Sale type
    Fresh capital cum OFS
    Fresh issue
    ₹320 Cr
    Offer for sale
    ₹232 Cr
    Listing at
    BSE, NSE
    Refunds
    1 Oct 2026
    Shares credited
    1 Oct 2026
    Promoter holding
    98.38% before · 80.71% after
    Lead managers
    IIFL Capital Services Ltd., JM Financial Ltd.

    Offer documents & links

    Red Herring Prospectus (RHP)Check allotment statusCompany website

    Subscription by category

    As of 29 Sept 2026, 6:55 pm.

    Total subscription

    97.28x

    Qualified Institutional192.68×
    Non Institutional121.90×
    Retail Individual32.21×

    Full issue details

    Details as published for this issue, read 3 Oct 2026, 9:05 am. Verify against the RHP before applying.

    IPO Details

    IPO Date25 to 29 Sep, 2026
    Listing DateMon, Oct 5, 2026
    Face Value₹ 1 per share
    Price Band₹258 to ₹272
    Issue Price₹272 per share
    Lot Size55 Shares
    Sale TypeFresh capital cum OFS
    Issue TypeBookbuilding IPO
    Listing AtBSE, NSE
    Total Issue Size2,02,94,114 shares (agg. up to ₹ 552 Cr)
    Fresh Issue1,17,64,705 shares (agg. up to ₹ 320 Cr)
    Offer for Sale85,29,409 shares of ₹ 1 (agg. up to ₹ 232 Cr)
    Share Holding Pre Issue10,20,35,000 shares
    Share Holding Post Issue11,37,99,705 shares
    BSE Script Code / NSE Symbol544960 / ORIENTCABL
    ISININE0J1N01028

    IPO Timetable

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

    Issue Reservation

    • QIB50.00%
    • NII (HNI)15.00%
    • Retail35.00%
    Issue Reservation: Share of the issue reserved for each investor category. Figures as published in the table below.
    Investor CategoryShares% of Total IssueMax Allottees
    QIB1,01,47,05650.00%NA
    - Anchor Investor60,88,23330.00%NA
    - QIB (Ex. Anchor)40,58,82320.00%NA
    NII (HNI)30,44,11815.00%NA
    - bNII > ₹10L20,29,41210.00%2,635
    - sNII < ₹10L10,14,7065.00%1,317
    Retail71,02,94035.00%1,29,144
    Total2,02,94,114100.00%—

    Orient Cables IPO comprises a total issue size of 2,02,94,114 shares. Out of which, 1,01,47,056 (50.00%) are allocated to QIB , 30,44,118 (15.00%) allocated to NII 71,02,940 (35.00%) allocated to RII .

    IPO Lot Size

    Retail (Min)₹14,960
    Retail (Max)₹1,94,480
    S-HNI (Min)₹2,09,440
    S-HNI (Max)₹9,87,360
    B-HNI (Min)₹10,02,320
    IPO Lot Size: What an application costs at the upper price band, by category. Figures as published in the table below.
    ApplicationLotsSharesAmount
    Retail (Min)155₹14,960
    Retail (Max)13715₹1,94,480
    S-HNI (Min)14770₹2,09,440
    S-HNI (Max)663,630₹9,87,360
    B-HNI (Min)673,685₹10,02,320

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

    IPO Anchor Investors

    Bid DateThu, Sep 24, 2026
    Shares Offered60,88,233
    Anchor Portion (₹ Cr.)165.60
    Anchor lock-in period end date for 50% shares (30 Days)Fri, Oct 30, 2026
    Anchor lock-in period end date for remaining shares (90 Days)Tue, Dec 29, 2026

    Orient Cables IPO raises ₹ 165.60 crore from anchor investors . Orient Cables IPO Anchor bid date is September 24, 2026 .

    📝 Anchor Investors Letter (PDF)

    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 T&Uuml;V 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)

    Total Income

    31 Mar 2024664.98
    31 Mar 2025831.86
    31 Mar 20261,181.67
    30 Jun 2026part period490.94

    Profit After Tax

    31 Mar 202440.07
    31 Mar 202553.32
    31 Mar 202653.56
    30 Jun 2026part period32.78

    EBITDA

    31 Mar 202458.82
    31 Mar 202583.86
    31 Mar 202696.40
    30 Jun 2026part period54.89

    NET Worth

    31 Mar 2024127.54
    31 Mar 2025180.70
    31 Mar 2026235.84
    30 Jun 2026part period268.76
    Company Financials (Restated): Each line is scaled to its own largest period, ₹ crore - compare periods within a line, not one line against another. The muted bar is a part period, not a full year - it is shorter, not smaller. Figures as published in the table below.
    Period Ended30 Jun 202631 Mar 202631 Mar 202531 Mar 2024
    Assets743.19580.79427.19293.22
    Total Income490.941,181.67831.86664.98
    Profit After Tax32.7853.5653.3240.07
    EBITDA54.8996.4083.8658.82
    NET Worth268.76235.84180.70127.54
    Reserves and Surplus257.35224.34170.50126.52
    Total Borrowing258.46234.19113.4536.73
    Amount in ₹ Crore

    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.

    IPO Objects of the Issue

    Funding of capital expenditure requirements of Company towards purchase of machinery, equipment and civil works at Manufacturing Facilities91.50
    Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by Company155.50
    General Corporate Purposes48.34
    Issue Expenses42.53
    IPO Objects of the Issue: What the proceeds are earmarked for (₹ Cr.). Figures as published in the table below.
    #Issue ObjectsEst Amt (₹ Cr.)
    1Funding of capital expenditure requirements of Company towards purchase of machinery, equipment and civil works at Manufacturing Facilities91.50
    2Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by Company155.50
    3General Corporate Purposes48.34
    4Issue Expenses42.53
    Total337.87

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

    Key Performance Indicator (KPI)

    ROE

    Mar 31, 202625.84%
    Jun 30, 2026part period13.17%

    ROCE

    Mar 31, 202623.82%
    Jun 30, 2026part period10.36%

    RoNW

    Mar 31, 202625.84%
    Jun 30, 2026part period13.17%

    PAT Margin

    Mar 31, 20264.55%
    Jun 30, 2026part period6.77%

    EBITDA Margin

    Mar 31, 20268.23%
    Jun 30, 2026part period11.22%
    Key Performance Indicator (KPI): The percentage ratios only; the table's absolute figures stay in the table. The muted bar is a part period, not a full year - it is shorter, not smaller. Figures as published in the table below.
    KPIJun 30, 2026Mar 31, 2026
    ROE13.17%25.84%
    ROCE10.36%23.82%
    Debt/Equity0.950.94
    RoNW13.17%25.84%
    PAT Margin6.77%4.55%
    EBITDA Margin11.22%8.23%
    NAV26.3423.11
    P/B (x)10.3311.77

    Check IPO Peer Comparison here.

    IPO Valuation

    Valuation MetricPre IPOPost IPO
    EPS (₹)5.2513.04
    P/E (x)51.8123.61
    Market Cap at Offer Price₹2,775.35 Cr.₹3,095.35 Cr

    Disclaimer

    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

    Pre IPO

    • Promoter and Promoter Group98.38%
    • Public1.62%

    Post IPO

    • Promoter and Promoter Group80.71%
    • Public19.29%
    Shareholding Structure: Who holds the company before and after the issue. Figures as published in the table below.
    CategoryPre IPOPost IPO
    Promoter and Promoter Group98.38%80.71%
    Public1.62%19.29%
    Total100%100%

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

    Offer For Sale - Selling Shareholders

    NameCategoryNo. of Shares OfferedAmount (₹ cr.)
    Vipul NagpalPromoter24,70,58867.20
    Garima NagpalPromoter5,77,20515.70
    Vipul Family TrustPromoter19,11,76452.00
    Garima Family TrustPromoter35,69,85297.10
    Total—85,29,409232.00

    Orient Cables IPO Recommendations

    Review BySubscribeMay ApplyNeutralAvoid
    Brokers6120
    Members0000

    IPO Subscription Status

    CategorySubscription (x)Shares OfferedShares bid for
    QIB (Ex Anchor)192.6840,58,82578,20,53,085
    NII121.9030,44,11837,10,91,875
    bNII (> ₹10L)129.8620,29,41226,35,45,535
    sNII (< ₹10L)105.9910,14,70610,75,46,340
    Retail32.2171,02,94122,87,53,635
    Total97.281,42,05,8841,38,18,98,595

    The Orient Cables IPO is subscribed 97.28 times on September 29, 2026 6:55:00 PM (Day 3). The public issue subscribed 32.21 times in the retail category, 192.68 times in the QIB category, and 121.90 times in the NII category. Check Day by Day Subscription Details (Live Status)

    Reload

    Total Applications: 38,45,284

    IPO Expenses

    #Issue ExpensesEst Amt (₹ Cr.)
    1BRLMs fees and commissions (including underwriting commission, brokerage and selling commission19.84
    2Selling commission/processing fee for SCSBs, Sponsor Banks and fee payable to the Sponsor Banks for Bids made by RIBs, brokerage and selling commission and bidding/uploading charges for members of the Syndicate (including their sub-Syndicate Members), Registered Brokers, RTAs and CDPs2.15
    3Fees payable to the Registrar to the Offer0.40
    4Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses7.91
    5Printing and stationery expenses0.36
    6Advertising and marketing expenses2.20
    7Fees payable to legal counsels, statutory auditors$ , independent chartered accountants^ , practicing company secretary, industry service provider@, and others7.59
    8Miscellaneous2.08
    Total42.53

    IPO Registrar

    Kfin Technologies Ltd.

    040-79615565

    orient.ipo@kfintech.com

    IPO Lead Manager(s)

    IIFL Capital Services Ltd.

    JM Financial Ltd.

    Contact Details

    Orient Cables (India) Ltd. Address

    House No. 8 BLK-D

    Second Floor

    Ashok Vihar PH-1

    New Delhi, New Delhi , 110052

    +91 14932 94094

    compliance@orientcables.in

    Orient Cables (India) IPO in the news

    Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.

    Orient Cables IPO Allotment: Key Details Ahead of Listing

    Kalkine India · 30 Sept 2026

    Orient Cables IPO and Networking Cable Manufacturing Business Explained

    Kalkine India · 30 Sept 2026

    Orient Cables IPO Allotment Status: Check on NSE, BSE, KFin Technologies

    Zee Business · 30 Sept 2026

    Orient Cables IPO allotment today: How to check status on NSE, BSE, Kfin Technologies

    etnownews.com · 30 Sept 2026

    Orient Cables IPO Allotment Status: Step-by-step guide to check status online on NSE, BSE

    India TV News · 30 Sept 2026

    Orient Cables IPO allotment today; GMP at 31% - check status on BSE, NSE and registrar

    Moneycontrol.com · 30 Sept 2026

    Orient Cables IPO Allotment Status: Check Allocation Online Today

    HDFC Sky · 30 Sept 2026

    Orient Cables IPO: How to check allotment status on BSE, NSE & Kfin; odds of getting shares & GMP

    Business Today · 30 Sept 2026

    FAQ

    Orient Cables (India): common questions

    Answered from this issue's own record.

    The Orient Cables (India) Mainboard IPO is priced at ₹272 per share, for an issue size of ₹552 crore.

    The issue opens on 25 Sept 2026 and closes on 29 Sept 2026, with listing expected on 5 Oct 2026.

    One lot is 55 shares, and applications must be in multiples of a lot. At the upper band that is ₹14,960 for one lot.

    Latest recorded subscription: QIB 192.68x, NII 121.9x, retail 32.21x (as of 11 Nov 2026).

    Orient Cables (India) listed at ₹450 on 5 Oct 2026. That was a gain of 65.44% against the issue price.