Orient Cables IPO Date, Price, GMP, Review & Details

Quick Overview

Orient Cables IPO is a book-built public issue of ₹552 crore. The issue includes a fresh issue of 1.18 crore shares, aggregating to ₹320 crore, and an offer for sale of 85.29 lakh shares, aggregating to ₹232 crore.

The issue opened for subscription on 25 September 2026 and will close on 29 September 2026. The allotment is expected to be finalised on 30 September 2026. Subject to completion of allotment and listing formalities, the shares are scheduled to list on NSE and BSE on 5 October 2026.

The price band is ₹258 to ₹272 per share, and the issue price is ₹272 per share. The lot size is 55 shares, and the minimum retail investment is ₹14,960 at the upper price band.

No live GMP or subscription status figure was provided in the available details. Investors should verify live GMP, subscription status and updated exchange data before making any decision.

Orient Cables IPO GMP

GMP stands for Grey Market Premium. It is the unofficial premium at which IPO shares may trade in the grey market before listing.

For example, if the issue price is ₹272 and the GMP is ₹20, the implied grey market price would be ₹292.

However, GMP is not official and should be used carefully because:

• it is not regulated

• it can change quickly

• it does not guarantee listing gains

• it may not reflect company fundamentals

• it may be influenced by short-term sentiment

No live Orient Cables IPO GMP value was provided in the available details. Investors should avoid relying only on GMP and should review the RHP, financials, valuation, subscription status, business risks and personal suitability before applying.

For a detailed explainer, investors can also read Ultra’s guide on What Is IPO GMP and Why It Can Be Misleading?.

Orient Cables IPO Price Band and Lot Size

The price band is ₹258 to ₹272 per share. The issue price is ₹272 per share, based on the details shared.

Investors can apply for a minimum of 55 shares and in multiples of 55 shares thereafter.

The issue component total from the fresh issue and OFS details is 2,02,94,114 shares, while the category-wise reservation total provided is 2,02,94,117 shares. Investors should refer to the RHP and exchange filings for the final reconciled category-wise allocation.

Orient Cables IPO Subscription Status

No live Orient Cables IPO subscription status was provided in the available details.

Subscription status usually shows category-wise demand across QIB, NII and retail investors. It may change throughout the bidding period, especially on the final day.

Investors tracking subscription data should check:

• QIB subscription

• NII subscription

• retail subscription

• total subscription

• final day demand

• subscription relative to valuation and fundamentals

Subscription figures can indicate demand but should not be treated as a standalone reason to apply.

About Orient Cables

Incorporated in September 2005, Orient Cables (India) Limited manufactures networking cables and passive networking equipment.

The company has nearly two decades of experience in the networking cables and passive networking equipment industry. It serves industries such as broadband, telecommunications, data centres, renewable energy, smart building automation, 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

• power cords

The company also manufactures customised products based on customer requirements.

As of 30 June 2026, Orient Cables had an installed capacity of 895,776 km. It has also expanded 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, based on the details shared.

Orient Cables Business Model Drag

Orient Cables operates as a manufacturer of networking cables, specialty cables and passive networking equipment.

According to the 1Lattice Report cited in the shared details, 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 around 16% in Fiscal 2022.

Key Strengths of Orient Cables

The company’s strengths include:

• established presence in the networking cables industry

• diversified product portfolio

• presence across multiple end-user industries

• customised product development capabilities

• focus on product innovation and new product development

• long-standing customer relationships

• strategically located manufacturing facilities

• exposure to data centres, telecom, renewable energy and e-mobility applications

These strengths should be evaluated along with risks such as competition, working capital needs, borrowing levels, customer demand and technology changes.

Orient Cables Financials

Orient Cables reported total income of ₹1,181.67 crore and profit after tax of ₹53.56 crore in FY2026.

According to the provided data, revenue increased by 42%, while PAT remained broadly stable between FY2025 and FY2026.

The company’s total income increased from ₹831.86 crore in FY2025 to ₹1,181.67 crore in FY2026. PAT was nearly unchanged, moving from ₹53.32 crore to ₹53.56 crore during the same period.

Total borrowing increased from ₹113.45 crore in FY2025 to ₹234.19 crore in FY2026, and stood at ₹258.46 crore as of 30 June 2026.

Orient Cables IPO Valuation

Based on the issue price of ₹272 per share and post-issue shareholding of 11,37,99,705 shares, the implied post-issue market capitalisation is approximately ₹3,095.35 crore.

Orient Cables IPO Review

A practical review should look at both the company’s growth profile and the risks in its business model.

Positive Factors

Orient Cables operates in the networking cables and passive networking equipment segment, with exposure to sectors such as telecom, broadband, data centres, renewable energy, e-mobility, smart homes, security and surveillance.

The company has expanded its portfolio into specialty cables, solar junction boxes, tethered drone systems, cable harnesses, power cords and EV charging cables and guns. This diversification may support future growth across multiple end-user industries.

According to the 1Lattice Report cited in the shared details, the company’s market share in India’s networking cable market increased from approximately 16% in Fiscal 2022 to approximately 22.9% in Fiscal 2026.

Financially, total income grew 42% between FY2025 and FY2026. EBITDA also increased from ₹83.86 crore to ₹96.40 crore during the same period.

The fresh issue component of ₹320 crore is larger than the OFS component of ₹232 crore, meaning a significant portion of the issue proceeds is expected to go to the company.

Points to Watch

PAT remained broadly flat between FY2025 and FY2026 despite strong revenue growth. Investors should review margin trends, input costs, operating expenses and pricing pressure carefully.

Borrowing increased significantly from ₹113.45 crore in FY2025 to ₹234.19 crore in FY2026, and further to ₹258.46 crore as of 30 June 2026.

The business may be affected by competition, raw material prices, working capital cycles, customer concentration, technology changes and demand from telecom, data centre and infrastructure sectors.

Investors should not rely only on GMP, subscription status or IPO news. They should review the RHP, valuation, financials, borrowing levels and business risks carefully.

How to Apply for Orient Cables IPO

Investors can apply through supported broker platforms using UPI or ASBA.

The general process is:

1. Log in to your broker or bank-supported IPO platform.

2. Select the issue from the IPO list.

3. Choose the investor category and number of lots.

4. Enter the bid price within the price band of ₹258 to ₹272.

5. Submit the application.

6. Approve the UPI mandate, if applying through UPI.

7. Wait for allotment finalisation.

8. If allotted, shares will be credited to the demat account before listing.

9. Track the scheduled listing on NSE and BSE, subject to completion of allotment and exchange listing formalities.

Retail investors can apply for a minimum of 1 lot, which equals 55 shares and requires ₹14,960 at the upper price band.

Key Risks

1. Margin Risk

Revenue grew strongly in FY2026, but PAT remained broadly stable. Investors should review whether margins can improve or remain under pressure.

2. Borrowing Risk

Total borrowing increased to ₹234.19 crore in FY2026 and ₹258.46 crore as of 30 June 2026. Higher borrowings can affect finance costs and financial flexibility.

3. Competition Risk

Networking cables and passive networking equipment can face pricing pressure from domestic and international competitors.

4. Raw Material Price Risk

Cable manufacturing may be affected by changes in input costs, including metals, polymers and other raw materials.

5. Working Capital Risk

Manufacturing and B2B supply businesses often require working capital for inventory, receivables and production cycles.

6. Demand Risk

The company serves industries such as telecom, data centres, renewable energy, FMEG, smart homes and automotive. Demand slowdown in key sectors may affect growth.

7. Technology Risk

Changes in networking technology, cable standards or customer requirements may require continuous product upgrades.

8. GMP and Listing Risk

Grey market premium and subscription trends may change before listing. They should not be treated as guaranteed listing performance indicators.

Final Thoughts

Orient Cables IPO is a ₹552 crore book-built issue with a price band of ₹258 to ₹272 per share. The issue includes a fresh issue of ₹320 crore and an offer for sale of ₹232 crore.

The company manufactures networking cables and passive networking equipment, with exposure to telecom, broadband, data centres, renewable energy, e-mobility, smart buildings, security, railways, defence and aerospace.

Financially, Orient Cables reported FY2026 total income of ₹1,181.67 crore and PAT of ₹53.56 crore. Revenue increased by 42%, while PAT remained broadly stable compared with FY2025.

Investors should evaluate the RHP, valuation, debt levels, margin trends, product portfolio, subscription status, GMP context and personal suitability before applying.

Disclaimer: This article is for educational and informational purposes only. It is not investment advice, IPO recommendation or a suggestion to apply. IPO investments are subject to market risk, business risk, valuation risk and listing risk. GMP is unofficial and does not guarantee listing gains. Investors should read the RHP carefully and consult a qualified financial advisor before making any investment decision.

FAQs

1. What is Orient Cables IPO?

Orient Cables IPO is a book-built public issue of ₹552 crore. It includes a fresh issue of ₹320 crore and an offer for sale of ₹232 crore.

2. What is Orient Cables IPO date?

The issue opened on 25 September 2026 and will close on 29 September 2026.

3. What is Orient Cables IPO price?

The price band is ₹258 to ₹272 per share. The issue price is ₹272 per share, based on the details shared.

4. What is Orient Cables IPO GMP?

No live GMP value was provided in the available details. GMP is unofficial, volatile and should not be treated as a guaranteed listing gain indicator.

5. What is Orient Cables India IPO details price?

Based on the details shared, the price band is ₹258 to ₹272 per share, and the issue price is ₹272 per share.

6. What is Orient Cables (India) Limited share price?

Before listing, the relevant price is the IPO price band of ₹258 to ₹272 per share. After listing, the share price will be discovered on NSE and BSE.

7. What is the lot size?

The lot size is 55 shares.

8. What is the minimum investment for retail investors?

The minimum retail investment is ₹14,960 for 1 lot of 55 shares at the upper price band of ₹272 per share.

9. When is the allotment expected?

The allotment is expected to be finalised on 30 September 2026.

10. When will Orient Cables list?

The shares are scheduled to list on NSE and BSE on 5 October 2026, subject to completion of allotment and exchange listing formalities.

11. Who is the registrar?

Kfin Technologies Ltd. is the registrar of the issue.

12. Who is the book running lead manager?

IIFL Capital Services Ltd. is the book running lead manager.

13. What is Orient Cables IPO subscription status?

No live subscription status was provided in the available details. Investors should check exchange updates or broker platforms for category-wise subscription data.

14. Who is the owner of Orient Cables?

The provided details do not mention the owner or promoter names. Investors should refer to the RHP for promoter and shareholding information.

15. Is Orient Cables profitable?

Yes. Based on the provided financials, Orient Cables reported PAT of ₹53.56 crore in FY2026, ₹53.32 crore in FY2025 and ₹40.07 crore in FY2024.

16. Is Orient Cables IPO good or bad?

The IPO should not be judged as simply good or bad. Investors should evaluate the RHP, financials, valuation, borrowing levels, margin trends, industry risks, subscription status and personal suitability before deciding.

17. What does Orient Cables do?

Orient Cables manufactures networking cables, passive networking equipment, optical fibre cables, power cables, specialty cables and related products for telecom, broadband, data centres, renewable energy, e-mobility and other industries.

18. Should investors apply for Orient Cables IPO?

Investors should evaluate the RHP, financials, valuation, borrowing levels, margin trends, subscription status, GMP context and personal suitability before deciding. This article does not provide investment advice or an IPO recommendation.