Orient Cables (India) IPO to Open on September 25, 2026: Check Price Band, Issue Size and Key Details

22 September 2026
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Orient Cables (India)’s initial public offering (IPO) is set to open for subscription on September 25, 2026. According to the Red Herring Prospectus (RHP), the ₹552.00 crore book-built issue comprises a fresh issue of 1.18 crore equity shares aggregating up to ₹320.00 crore and an offer for sale (OFS) of 85.29 lakh equity shares aggregating up to ₹232.00 crore by its existing shareholders.

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 Category-wise Investment Limits

The application size for each category is as follows -

Category

Investment Range

Qualified Institutional Buyers (QIBs)

Not more than 50% of the Net Issue 

Non-Institutional Investors (NIIs)

Not less than 15% of the Net Issue 

Retail Individual Investors (RII)

Not less than 35% of the Net Issue 

The minimum investment amount for each category, based on the upper price band of ₹272 per share, is as follows -

Investor Category

Lots

Shares

Investment Amount (Approx.)

Retail (Minimum)

1

55

₹14,960

Retail (Maximum)

13

715

₹1,94,480

sNII (Minimum)

14

770

₹2,09,440

bNII (Minimum)

67

3685

₹10,02,320

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 is a manufacturer of networking cables and passive networking equipment, serving industries such as broadband, telecom, data centres, renewable energy, smart buildings, security, FMEG and automotive. With nearly two decades of operations, it offers a diversified portfolio of networking cables, including 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, the company expanded into wire and cable harness assemblies and EV charging gun cable assemblies, while also offering allied products such as keystone jacks, power strips and power cords, with a focus on customized solutions for customers.

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

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.   

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