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Orient Cables IPO

Orient Cables is one of the premier companies in terms of networking cables and passive networking equipment, as the company has been operating it for around 20 years. These are providing to advanced industries such as broadband, telecom, data centres, renewable energy, smart building automation/ security, system integration, FMEG, and automotive.

IPO GMP

+₹110

+40% expected gain

Check Allotment Status

Price Band

₹258 - ₹272

Lot Size

55 shares

Min Investment

₹14,960

Listing Date

October 5, 2026

About Orient Cables

Company overview, business, and key facts.

Orient Cables is one of the premier companies in terms of networking cables and passive networking equipment, as the company has been operating it for around 20 years. These are providing to advanced industries such as broadband, telecom, data centres, renewable energy, smart building automation/ security, system integration, FMEG, and automotive.

Leading manufacturer of special cables used in telecommunications, wide range of custom-made products and solutions for different industries, factories are in strategic locations and focus on making innovative products are the company’s strengths. Further, the company also provides a wide range of products, including Networking Cables and Solutions; Specialty Power, Optical Fibre Cables and Solutions; and Other Allied Products. In Fiscal 2025, they are among the top five networking cable companies in India, with around 22% market share.

Headquarters

New Delhi

Promoters

Vipul Nagpal, Garima Nagpal, Vardaan Nagpal, Vipul Family Trust, Garima Family Trust

Website

https://orientcables.in/

IPO Details

Issue TypeBook Built Issue
Face Value₹1
Price Band₹258 - ₹272
Lot Size55 shares
Total Issue Size₹552 Cr
Fresh Issue₹320 Cr
Offer for SaleApprox 85,29,409 Equity Shares
Listing AtBSE & NSE

Subscription Status

How many times each investor category has bid for the issue.

Qualified Institutional (QIB)182.76x
Non-Institutional (NII)115.24x
Retail Individual (RII)28.65x
Total Subscription91.24x

Financials

Restated summary financials for the most recent periods.

PeriodRevenueProfitAssets
2024₹664.98₹40.07₹293.22
2025₹831.86₹53.32₹427.19
2026₹1,181.67₹53.56₹580.79
June 2026₹490.94₹32.78₹743.19

Figures are indicative and restated for presentation.

Orient Cables IPO Key Numbers

Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

Market cap at upper band

₹3,095.4 Cr

Post-IPO shares × upper price band

P/E on 2026 profit

57.8x

Peer median 47.8x (premium of 20.9%)

Price to sales

2.62x

Revenue growth, 2026

+42.1%

33.3% a year over the period

Profit growth, 2026

+0.5%

15.6% a year over the period

Profit margin (PAT)

4.5%

EBITDA margin 8.23%

ROE / ROCE

25.84% / 23.82%

As published in the offer document

Debt to equity

0.94

Promoter holding

100% → 82.17%

Before → after the IPO

Issue mix

58% fresh / 42% sale

Fresh issue goes to the company, offer for sale to selling shareholders

GMP-implied gain per lot

₹6,050

55 shares on ₹14,960. GMP is unofficial.

Watch-outs

  • Thin profit margin: PAT margin was 4.5% in 2026.
  • Priced at a 20.9% premium to the peer median P/E of 47.8.
  • 63% of the disclosed use of proceeds is debt repayment.
  • 1 use-of-proceeds item(s) have no disclosed amount.
Listing price scenarios
If the current GMP holds₹382.00+40.4%
If the grey market premium disappears₹272.000%

Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

Not yet available for this IPO: published risk factors.

IPO Analysis SummaryAI-generated

A plain-language review of Orient Cables's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

Orient Cables IPO Review

Analysis based on live GMP, subscription, and issue details.

As of today, Orient Cables IPO is trading at a grey market premium (GMP) of +₹110 (+40% estimated listing gain), indicating positive market sentiment.

The IPO has been subscribed 91.24x overall — QIB: 182.76x, NII: 115.24x, Retail: 28.65x.

Orient Cables IPO subscription has closed. The shares are expected to list on October 5, 2026.

The minimum investment required is ₹14,960 for 55 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

Orient Cables IPO — Frequently Asked Questions

What is Orient Cables IPO GMP today?

Orient Cables IPO GMP (grey market premium) today is +₹110, suggesting an estimated listing gain of +40%. GMP is indicative and subject to change.

What is the price band of Orient Cables IPO?

The price band for Orient Cables IPO is ₹258 - ₹272 with a lot size of 55 shares. The minimum investment required is ₹14,960.

When is Orient Cables IPO allotment date?

Orient Cables IPO allotment is expected to be finalised on September 30, 2026. You can check your allotment status on the registrar's website using your PAN number.

When will Orient Cables IPO list on NSE/BSE?

Orient Cables IPO is expected to list on BSE & NSE on October 5, 2026.

How to check Orient Cables IPO allotment status?

To check Orient Cables IPO allotment status, visit the registrar's website and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

Should I apply for Orient Cables IPO?

Orient Cables IPO is showing a strong GMP of +₹110 (+40%), indicating positive market sentiment for listing gains. However, GMP is informal and not a guarantee of returns. Evaluate the company's fundamentals, price band, and your own risk appetite before applying. IPOLyst is not a SEBI-registered investment advisor — please do your own research.

What is the lot size of Orient Cables IPO?

The lot size for Orient Cables IPO is 55 shares per lot. The minimum investment for retail investors is ₹14,960. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

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