GMP IPO Watch
Orient Cables IPO
Orient Cables IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Orient Cables IPO Details
Key facts at a glance| IPO Open Date | 24 September 2026 | IPO Close Date | 28 September 2026 |
|---|---|---|---|
| Basis of Allotment | 29 September 2026 | Listing Date | 4 October 2026 |
| Price Band | ₹258 - ₹272 per share | Face Value | ₹10 per share |
| Market Lot Size | 55 Shares | Min Investment (Retail) | ₹14,960 |
| Total Issue Size | ₹552 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹320 Cr | Offer for Sale (OFS) | ₹232 Cr |
| Listing At | NSE, BSE | Issue Category | Mainboard Issue |
| Registrar | Kfin Technologies Ltd. | ||
Orient Cables IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 24 September 2026 | Confirmed |
| IPO Close Date | 28 September 2026 | Confirmed |
| Basis of Allotment | 29 September 2026 | Tentative |
| Initiation of Refunds | 1 October 2026 | Tentative |
| Credit of Shares to Demat | 1 October 2026 | Tentative |
| IPO Listing Date | 4 October 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 29 September 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Orient Cables IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 55 Shares | ₹14,960 |
| Retail (Max) | 13 Lots | 715 Shares | ₹1,94,480 |
| S-HNI (Min) | 14 Lots | 770 Shares | ₹2,09,440 |
| S-HNI (Max) | 66 Lots | 3,630 Shares | ₹9,87,360 |
| B-HNI (Min) | 67 Lots | 3,685 Shares | ₹10,02,320 |
Orient Cables IPO Live GMP & Movement History
Daily unofficial grey market trends₹178 +65.4%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 5 Oct 2026 | ₹123 | ₹395.00 | +45.22% |
| 3 Oct 2026 | ₹123 | ₹395.00 | +45.22% |
| 2 Oct 2026 | ₹107 | ₹379.00 | +39.34% |
| 1 Oct 2026 | ₹90 | ₹362.00 | +33.09% |
| 30 Sept 2026 | ₹85 | ₹357.00 | +31.25% |
| 29 Sept 2026 | ₹72 | ₹344.00 | +26.47% |
| 28 Sept 2026 | ₹80 | ₹352.00 | +29.41% |
| 26 Sept 2026 | ₹80 | ₹352.00 | +29.41% |
| 25 Sept 2026 | ₹113 | ₹385.00 | +41.54% |
| 24 Sept 2026 | ₹45 | ₹317.00 | +16.54% |
| 23 Sept 2026 | ₹34 | ₹306.00 | +12.50% |
Orient Cables IPO Subscription Status
Demand breakdown by investor categoryOrient Cables Company Financials
Restated figures (₹ in Crores)| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2024 | 293.22 Cr. | 664.98 Cr. | 610.62 Cr. | 40.07 Cr. |
| 2025 | 427.19 Cr. | 831.86 Cr. | 760.15 Cr. | 53.32 Cr. |
| 2026 | 580.79 Cr. | 1,181.67 Cr. | 1,109.07 Cr. | 53.56 Cr. |
| June 2026 | 743.19 Cr. | 490.94 Cr. | 446.44 Cr. | 32.78 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
Orient Cables IPO Valuation & KPIs
Key metrics pre-issueOrient Cables Peer Group Comparison
Listed industry peers| Company Name | P/E | EPS (₹) | RoNW (%) | NAV (₹) | Total Income |
|---|---|---|---|---|---|
| RR Kabel Limited | 54.85 | 43.53 | 20.83% | 227.61 | – Cr. |
| Polycab India Limited | 46.69 | 177.53 | 24.58% | 805.50 | – Cr. |
| Finolex Cables Limited | 26.29 | 46.67 | 12.33% | 397.93 | – Cr. |
| Havells India Limited | 42.69 | 26.95 | 18.97% | 150.95 | – Cr. |
| KEI Industries Limited | 48.99 | 96.09 | 14.75% | 697.17 | – Cr. |
| Paramount Communications Limited | 33.47 | 1.96 | 7.99% | 25.49 | – Cr. |
| Birla Cable Limited | 63.54 | 5.63 | 6.33% | 93.63 | – Cr. |
| Sterlite Technologies Limited | 708.38 | 1.15 | 2.63% | 46.46 | – Cr. |
About Orient Cables
Orient Cables is a manufacturer and exporter of networking cables, optical fibre cables, and passive networking infrastructure components. The company produces a wide range of products including E-beam irradiated specialty cables, keystone jacks, power cords, and control cables across its three manufacturing facilities, with two located in Rajasthan and one in Karnataka. The core business generates revenue primarily from the business-to-business sale of networking cables and solutions to domestic and international markets, including the Middle East, North America, and various other countries. Orient Cables procures raw materials such as copper, polyvinyl chloride compounds, high-density polyethylene, and masterbatches from third-party suppliers to produce its goods. The company operates multiple production units to maintain capacity for its networking and allied products, aiming to serve as a comprehensive provider of passive cable ecosystem components for telecommunications, automotive, and other end-user industries.
Orient Cables IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 25 Sept 2026 |
| IPO Close Date | 29 Sept 2026 |
| Basis of Allotment | 30 Sept 2026 |
| Refunds | 01 Oct 2026 |
| Credit to Demat Account | 01 Oct 2026 |
| IPO Listing Date | 05 Oct 2026 |
Note: The timeline for Orient Cables IPO is tentative and subject to change.
Orient Cables Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Purpose | INR crores (%) |
| Funding capital expenditure for machinery, equipment and civil works | 91.5 (28.59%) |
| Repayment or prepayment of certain outstanding borrowings | 155.5 (48.59%) |
| General corporate purposes | 73 (22.82%) |
Note: Objectives are as specified in the DRHP/RHP documents of Orient Cables.
Orient Cables Company Financial Report
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 664.98 Cr. | 610.62 Cr. | 40.07 Cr. | 293.22 Cr. |
| 2025 | 831.86 Cr. | 760.15 Cr. | 53.32 Cr. | 427.19 Cr. |
| 2026 | 1,181.67 Cr. | 1,109.07 Cr. | 53.56 Cr. | 580.79 Cr. |
| June 2026 | 490.94 Cr. | 446.44 Cr. | 32.78 Cr. | 743.19 Cr. |
Note: Financial numbers for Orient Cables are in ₹ Crores unless stated otherwise.
Orient Cables Company Valuation & Key Performance Indicators
| KPI | Values |
|---|---|
| ROE | 25.84% |
| ROCE | 23.82% |
| EBITDA Margin | 8.23% |
| PAT Margin | 4.55% |
| Debt to Equity Ratio | 0.94 |
| Earning Per Share (EPS) | 5.27 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 25.84% |
| Net Asset Value (NAV) | 23.11 |
Note: Valuation KPIs for Orient Cables are computed for FY2026.
Orient Cables Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| RR Kabel Limited | 43.53 | 54.85 | 20.83% | 227.61 | – Cr. |
| Polycab India Limited | 177.53 | 46.69 | 24.58% | 805.50 | – Cr. |
| Finolex Cables Limited | 46.67 | 26.29 | 12.33% | 397.93 | – Cr. |
| Havells India Limited | 26.95 | 42.69 | 18.97% | 150.95 | – Cr. |
| KEI Industries Limited | 96.09 | 48.99 | 14.75% | 697.17 | – Cr. |
| Paramount Communications Limited | 1.96 | 33.47 | 7.99% | 25.49 | – Cr. |
| Birla Cable Limited | 5.63 | 63.54 | 6.33% | 93.63 | – Cr. |
| Sterlite Technologies Limited | 1.15 | 708.38 | 2.63% | 46.46 | – Cr. |
Note: Peer group comparisons for Orient Cables are sourced from DRHP filings.
Orient Cables IPO FAQs
Orient Cables IPO opens for subscription on 24 September 2026 and closes on 28 September 2026.
The price band for Orient Cables IPO is set at ₹258.00 to ₹272.00 per share.
The minimum market lot size is 55 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 55 Shares (₹14,960).
The latest Grey Market Premium (GMP) for Orient Cables IPO is ₹178.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Orient Cables IPO is tentatively scheduled for 29 September 2026, and shares are expected to list on the stock exchanges on 4 October 2026.
Kfin Technologies Ltd. is the official registrar for Orient Cables IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.