- Price band
- To be announcedNot in this filing
- Issue size
- ₹552 Cr
- Face value
- ₹1per equity share
- Lot size
- To be announcedMin. investment shown once set
- Anchor biddingThu, 2026
- OpensFri, 2026
- ClosesTue, 2026
- AllotmentWed, 2026
- ListingMon, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue
- Fresh issue
- —
- Offer for sale
- None
- Total issue
- —
- Face value
- ₹1
- Listing at
- NSE, BSE
- RHP date
- 21 Sept 2026
Source: Red Herring Prospectus dated 21 Sept 2026Updated
Reservation
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | — | — | — |
| Non-institutional investors (NII) | — | — | — |
| Qualified institutional buyers (QIB) | — | — | — |
| Anchor investors | — | — | — |
Source: Red Herring Prospectus dated 21 Sept 2026Updated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2025-26- EPS (basic)
- ₹5.27
- EPS (diluted)
- ₹5.27
- RoNW
- 25.84%
- NAV per share
- ₹23.11
- ROCE
- 23.82%
- EBITDA margin
- 8.23%
- PAT margin
- 4.55%
- Debt to equity
- 0.94
P/E and market cap are calculated once the price band is announced.
Source: Red Herring Prospectus dated 21 Sept 2026Updated
Financials
Consolidated, restated · ₹ crore| Period ended | 30 Jun 20263 months | 31 Mar 2026FY 2025-26 |
|---|---|---|
| Revenue from operations | 489.16 | 1,171.65 |
| Total income | 490.94 | 1,181.67 |
| EBITDA | 54.89 | 96.40 |
| Profit after tax | 33.22 | 53.81 |
| Net worth | 268.76 | 235.84 |
| Total borrowing | 258.46 | 234.19 |
Periods shorter than 12 months are shown as reported and are not annualised.
Source: Red Herring Prospectus dated 21 Sept 2026Updated
About the company
The company manufactures networking cables, specialty power and optical fibre cables, and related assemblies and allied products, serving telecom, data centre, renewable energy and other industries. It operates manufacturing facilities in Rajasthan and Bengaluru and exports to several overseas markets.
- Incorporated
- 2005
- Industry
- Cables and Wires Manufacturing
- CIN
- U31300DL2005PLC140809
- Website
- orientcables.in
Source: Red Herring Prospectus dated 21 Sept 2026Updated
Promoters and shareholders
| Name | Before issue | After issue |
|---|---|---|
| Vipul Nagpal | — | — |
| Garima Nagpal | — | — |
| Vipul Family Trust | — | — |
| Garima Family Trust | — | — |
Source: Red Herring Prospectus dated 21 Sept 2026Updated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Capital expenditure on machinery, equipment and civil works at manufacturing facilities | 91.50 |
| Repayment or prepayment of certain outstanding borrowings | 155.50 |
| General corporate purposes | Set with price |
Source: Red Herring Prospectus dated 21 Sept 2026Updated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Orient Cables (India) LimitedIssuer | ₹5.27 | — | 25.84% | ₹23.11 |
| RR Kabel Limited | ₹43.53 | 54.85× | 20.83% | ₹227.61 |
| Polycab India Limited | ₹177.53 | 46.69× | 24.58% | ₹805.5 |
| Finolex Cables Limited | ₹46.67 | 26.29× | 12.33% | ₹397.93 |
| Havells India Limited | ₹26.95 | 42.69× | 18.97% | ₹150.95 |
| KEI Industries Limited | ₹96.09 | 48.99× | 14.75% | ₹697.17 |
| Paramount Communications Limited | ₹1.96 | 33.47× | 7.99% | ₹25.49 |
| Birla Cable Limited | ₹5.63 | 63.54× | 6.33% | ₹93.63 |
| Sterlite Technologies Limited | ₹1.15 | 708.38× | 2.63% | ₹46.46 |
Source: Red Herring Prospectus dated 21 Sept 2026Updated
Strengths and risks
Our summary of what the offer document statesStrengths
- Ranked among India's top four networking cable makers by market share in Fiscal 2026, per the commissioned industry report.
- Two decades of customer relationships with telecom and IT clients, with top ten customers averaging over nine years.
- Diversified customised product range across networking, specialty power, optical fibre and allied products.
- Manufacturing presence in Rajasthan and Bengaluru with an installed capacity of 895,776 km of cables as of June 30, 2026.
- Revenue and profit have grown over the last three fiscal years, with consolidated revenue of ₹11,716.54 million in FY 2025-26.
Risks
- Ongoing trademark and corporate name litigation with Orient Electric over the 'ORIENT' brand, with the next hearing set for December 2, 2026.
- Heavy dependence on a few raw material suppliers, with the top ten supplying about 70-75% of raw materials.
- Raw material price volatility in copper and polymers, and no long-term supply contracts.
- Rising borrowings and net debt metrics, with net debt to EBITDA of 4.67 times in the three months ended June 30, 2026.
- Offer price, floor price and final issue size are not yet determined in the red herring prospectus, so valuation and share count remain unfixed.
Source: Red Herring Prospectus dated 21 Sept 2026Updated
Contacts
Source: Red Herring Prospectus dated 21 Sept 2026Updated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: Red Herring Prospectus dated 21 Sept 2026Updated
After listing
Listing price, day-one high and low, and the change from the issue price (set at allotment) appear here after the shares list on NSE and BSE.
Frequently asked questions
When does the Orient Cables (India) IPO open and close?
According to the Red Herring Prospectus, the issue opens on Friday, 25 September 2026 and closes on Tuesday, 29 September 2026. These dates are tentative.
What is the Orient Cables (India) IPO price band?
The Red Herring Prospectus does not include a price band. The company announces it by advertisement before the issue opens, and this page is updated when it is filed.
Where will Orient Cables (India) shares list?
On NSE and BSE. The tentative listing date is Monday, 5 October 2026.
Who is the registrar of the issue?
KFin Technologies Limited (SEBI registration INR000000221). Allotment status is checked on the registrar's website.
How do I check the Orient Cables (India) IPO allotment status?
The basis of allotment is expected to be finalised on Wednesday, 30 September 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (KFin Technologies Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹91.5 Cr for capital expenditure on machinery, equipment and civil works at manufacturing facilities, ₹155.5 Cr for repayment or prepayment of certain outstanding borrowings, and the rest for the other stated purposes.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.