Orient Cables (India)'s ₹552.00 crore initial public offering (IPO) opened for public subscription today, September 25, 2026, with a price band of ₹258 to ₹272 per share. As of 10:05 A.M on the first day of bidding, the issue had been subscribed 0.01 times.
The IPO will remain open until September 29, 2026. The basis of allotment is expected to be finalised on September 30, 2026, and the shares are tentatively scheduled to be listed on the BSE and NSE on October 5 , 2026.
The expected IPO schedule is as follows:
|
Event |
Date |
|
Subscription Opening Date |
25 September 2026 |
|
Subscription Closing Date |
29 September 2026 |
|
Basis of Allotment Date |
30 September 2026 |
|
Refund Initiation Date |
1 October 2026 |
|
Credit of Shares |
1 October 2026 |
|
Listing on BSE and NSE |
5 October 2026 |
Note: The allotment and listing dates are tentative and may be revised.
Explore other Upcoming IPOs on BSE and NSE.
[September 25, 2026, 10:05 A.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.00x |
|
Non-Institutional Investors (NIIs) |
0.02x |
|
Retail Individual Investors (RIIs) |
0.01x |
|
Total |
0.01x |
The company intends to utilise the net proceeds from the fresh issue towards:
Incorporated in 2005, Orient Cables (India) Limited is a manufacturer of networking cables and passive networking equipment, catering to industries including broadband, telecom, data centres, renewable energy, smart buildings, security, FMEG, and automotive. With nearly two decades of operations, the company offers a broad portfolio of CAT5, CAT5e, CAT6, CAT6A, CCTV, and coaxial cables, along with patch cords and connectivity solutions.
The company also manufactures specialty power, control, and instrumentation cables, optical fibre cables, and fibre patch cord assemblies. In FY26, it expanded into wire and cable harness assemblies and EV charging gun cable assemblies, while strengthening its range of allied products such as keystone jacks, power strips, and power cords through customized solutions.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
1,171.65 |
824.96 |
657.77 |
|
EBITDA |
96.40 |
83.86 |
58.82 |
|
Profit After Tax (PAT) |
53.81 |
53.32 |
40.10 |
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