Orient Cables (India)'s ₹552.00 crore initial public offering (IPO) entered its second day of public subscription today, September 28, 2026, with a price band of ₹258 to ₹272 per share. As of 10:10 A.M on the second day of bidding, the issue had been subscribed 2.23 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.

Orient Cables (India) IPO - Issue Details

Issue Type: Book Built Issue (Fresh Issue + OFS)
Total Issue Size: Up to ₹552.00 crore
Fresh Issue: Up to ₹320.00 crore
Offer for Sale (OFS): Up to ₹232.00 crore
Face Value: ₹1 per equity share
Price Band: ₹258 to ₹272 per share
Lot Size: 55 shares
Minimum Investment Amount (Retail Investor): ₹14,960 (55 shares at the upper price)
Listing: BSE, NSE
Book Running Lead Managers: IIFL Capital Services Limited, JM Financial Limited
Registrar: KFin Technologies Limited

Orient Cables (India) IPO Timeline (Tentative)

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.

Orient Cables (India) IPO Day 2 Subscription Status

[September 28, 2026, 10:10 A.M.]

Category	Subscription (x)
Qualified Institutional Buyers (QIBs)	0.01x
Non-Institutional Investors (NIIs)	3.85x
Retail Individual Investors (RIIs)	2.81x
Total	2.23x

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

Funding of capital expenditure requirements of the company towards purchase of machinery, equipment and civil works at our Manufacturing Facilities
Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the company
General corporate purposes.

About Orient Cables (India) Limited

Incorporated in 2005, Orient Cables (India) Limited manufactures networking cables and passive networking equipment for sectors such as broadband, telecom, data centres, renewable energy, smart buildings, security, FMEG, and automotive. Its product portfolio includes CAT5, CAT5e, CAT6, CAT6A, CCTV, coaxial cables, patch cords, and connectivity solutions.

The company also produces specialty power, control, instrumentation, and optical fibre cables, along with fibre patch cord assemblies. In FY26, it expanded into wire and cable harness assemblies and EV charging gun cable assemblies while enhancing its range of customized allied products, including keystone jacks, power strips, and power cords.

Key Financial Highlights

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