Orient Cables IPO Date & Timeline
Tentative schedule from the RHP.
Orient Cables IPO GMP Today
Unofficial, aggregated from market sources. It never feeds our score.
Full GMP history (35 updates)
| Date & time (IST) | GMP | Change | GMP % | Est. listing |
|---|---|---|---|---|
| Oct 2, 2026 · 3:00 PM | ₹115 | +₹10 | 42.3% | ₹387 |
| Oct 2, 2026 · 11:45 AM | ₹105 | +₹5 | 38.6% | ₹377 |
| Oct 2, 2026 · 8:45 AM | ₹100 | +₹5 | 36.8% | ₹372 |
| Oct 1, 2026 · 5:00 PM | ₹95 | +₹1 | 34.9% | ₹367 |
| Oct 1, 2026 · 1:30 PM | ₹94 | −₹1 | 34.6% | ₹366 |
| Oct 1, 2026 · 10:45 AM | ₹95 | +₹15 | 34.9% | ₹367 |
| Sep 30, 2026 · 2:15 PM | ₹80 | ₹0 | 29.4% | ₹352 |
| Sep 30, 2026 · 11:00 AM | ₹80 | +₹2 | 29.4% | ₹352 |
| Sep 30, 2026 · 7:00 AM | ₹78 | ₹0 | 28.7% | ₹350 |
| Sep 29, 2026 · 8:00 PM | ₹78 | ₹0 | 28.7% | ₹350 |
| Sep 29, 2026 · 4:00 PM | ₹78 | +₹13 | 28.7% | ₹350 |
| Sep 29, 2026 · 1:00 PM | ₹65 | ₹0 | 23.9% | ₹337 |
| Sep 29, 2026 · 10:45 AM | ₹65 | −₹5 | 23.9% | ₹337 |
| Sep 29, 2026 · 8:30 AM | ₹70 | −₹2 | 25.7% | ₹342 |
| Sep 28, 2026 · 9:30 PM | ₹72 | −₹3 | 26.5% | ₹344 |
| Sep 28, 2026 · 9:00 PM | ₹75 | −₹3 | 27.6% | ₹347 |
| Sep 28, 2026 · 5:00 PM | ₹78 | ₹0 | 28.7% | ₹350 |
| Sep 28, 2026 · 1:45 PM | ₹78 | ₹0 | 28.7% | ₹350 |
| Sep 28, 2026 · 12:00 PM | ₹78 | −₹6 | 28.7% | ₹350 |
| Sep 27, 2026 · 11:59 PM | ₹84 | +₹2 | 30.9% | ₹356 |
| Sep 26, 2026 · 11:59 PM | ₹82 | +₹12 | 30.1% | ₹354 |
| Sep 25, 2026 · 4:15 PM | ₹70 | ₹0 | 25.7% | ₹342 |
| Sep 25, 2026 · 2:00 PM | ₹70 | −₹25 | 25.7% | ₹342 |
| Sep 25, 2026 · 12:15 PM | ₹95 | −₹5 | 34.9% | ₹367 |
| Sep 25, 2026 · 11:15 AM | ₹100 | +₹10 | 36.8% | ₹372 |
| Sep 25, 2026 · 9:30 AM | ₹90 | ₹0 | 33.1% | ₹362 |
| Sep 25, 2026 · 7:00 AM | ₹90 | +₹10 | 33.1% | ₹362 |
| Sep 24, 2026 · 11:59 PM | ₹80 | ₹0 | 29.4% | ₹352 |
| Sep 24, 2026 · 10:15 PM | ₹80 | +₹10 | 29.4% | ₹352 |
| Sep 24, 2026 · 9:45 PM | ₹70 | +₹10 | 25.7% | ₹342 |
| Sep 24, 2026 · 9:30 PM | ₹60 | +₹10 | 22.1% | ₹332 |
| Sep 24, 2026 · 9:15 PM | ₹50 | +₹5 | 18.4% | ₹322 |
| Sep 24, 2026 · 8:45 PM | ₹45 | +₹15 | 16.5% | ₹317 |
| Sep 23, 2026 · 11:59 PM | ₹30 | +₹2 | 11.0% | ₹302 |
| Sep 22, 2026 · 11:59 PM | ₹28 | — | 10.3% | ₹300 |
Orient Cables IPO Subscription Status
From NSE + BSE bid data, excluding the anchor portion.
Day-wise subscription
| Day | QIB | bHNI | sHNI | NII total | Retail | Total |
|---|---|---|---|---|---|---|
| Shares offered | 40,58,825 | 20,29,720 | 10,14,860 | 30,44,118 | 71,02,941 | 1,42,05,884 |
| Day 1 · Sep 25 | 0.01× | 2.69× | 5.60× | 3.66× | 2.55× | 2.06× |
| Day 2 · Sep 28 | 0.06× | 15.08× | 24.77× | 18.31× | 9.65× | 8.77× |
| Day 3 · Sep 29 | 192.68× | 129.86× | 105.99× | 121.90× | 32.21× | 97.28× |
Orient Cables IPO Details
Checked against the RHP and cross-checked on NSE and BSE.
| IPO date | Sep 25 – 29, 2026 |
| Price band | ₹258 – 272 per share |
| Face value | ₹1 per share |
| Lot size | 55 shares |
| Total issue size | 2,02,94,117 shares ₹552.00 Cr |
| Fresh issue | 1,17,64,705 shares ₹320.00 Cr |
| Offer for sale | 85,29,412 shares ₹232.00 Cr |
| Issue type | Book Built · Mainboard |
| Listing at | BSE, NSE |
| Market cap | ≈ ₹3,095.35 Cr |
| Promoter holding | 100% → 82.17% |
| Lead managers | IIFL Capital Services Ltd., JM Financial Ltd. |
| Registrar | KFin Technologies Ltd. |
Offer documents
Orient Cables IPO Lot Size
Minimum and maximum bids by investor type at the upper band of ₹272.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 55 | ₹14,960 |
| Retail (max) | 13 | 715 | ₹1,94,480 |
| sHNI (min) | 14 | 770 | ₹2,09,440 |
| sHNI (max) | 66 | 3,630 | ₹9,87,360 |
| bHNI (min) | 67 | 3,685 | ₹10,02,320 |
Orient Cables IPO Reservation
Shares set aside for each category, and the maximum number of applicants who can get an allotment.
| Category | Shares offered | % of issue | Max. allottees |
|---|---|---|---|
| Anchor investors | 60,88,233 | 30% | — |
| QIB (ex-anchor) | 40,58,825 | 20% | — |
| NII (HNI) | 30,44,118 | 15% | — |
| ↳ bHNI (>₹10L) | 20,29,720 | 10% | 2,636 |
| ↳ sHNI (₹2–10L) | 10,14,860 | 5% | 1,318 |
| Retail | 71,02,941 | 35% | 1,29,144 |
| Total | 2,02,94,117 | 100% |
Orient Cables Financials (FY24 – FY26)
Restated consolidated figures from the RHP, ₹ crore. Years end March 31.
Financial statement
| ₹ Cr | FY24 | FY25 | FY26 | YoY |
|---|---|---|---|---|
| Revenue | 664.98 | 831.86 | 1,181.67 | +42.1% |
| EBITDA | 58.82 | 83.86 | 96.40 | +15.0% |
| Profit after tax | 40.07 | 53.32 | 53.56 | +0.5% |
| Total assets | 293.22 | 427.19 | 580.79 | +36.0% |
| Net worth | — | 180.70 | 235.84 | +30.5% |
| Reserves & surplus | — | 170.50 | 224.34 | +31.6% |
| Total borrowing | — | 113.45 | 234.19 | +106.4% |
Orient Cables IPO Valuation & Peer Comparison
At the upper band of ₹272. Peers from the RHP "Basis for Offer Price".
Peer comparison
| Company | P/E | P/B | RoNW |
|---|---|---|---|
| Orient Cables | 57.8× | 11.77× | 25.84% |
| RR Kabel | 54.9× | — | 20.83% |
| Polycab India | 46.7× | — | 24.58% |
| Finolex Cables | 26.3× | — | 12.33% |
About Orient Cables
Business profile from the RHP.
- 2005Incorporated · New Delhi
- 8.96 lakh kmInstalled capacity (Jun 30, 2026)
- 1,940Staff incl. contract (Jun 30, 2026)
Promoters & holding
Vipul Nagpal, Garima Nagpal, Vardaan Nagpal, Vipul Family Trust, Garima Family Trust
Objects of the issue
Anchor investors
Allotted Sep 24, 2026 · 60,88,233 shares. Participants include Nippon India MF, Aditya Birla Sun Life MF, Motilal Oswal MF, Invesco MF, Ashoka WhiteOak, 360 One and Goldman Sachs Collective Trust.
Orient Cables IPO Review: Should You Apply?
Our 100-point score, and both sides of the case.
Our view: Fast revenue growth, ~26% RoNW, a strong Apr–Jun 2026 quarter and a mutual-fund-heavy anchor book are real positives. But FY26 profit was flat on thin ~4.5% margins, debt doubled, and at ~52–58× trailing earnings it is priced at or above established cable leaders.
- Revenue up ~42% in FY26 to ₹1,182 Cr, with a strong start to FY27 (₹32.8 Cr profit in Apr–Jun 2026 alone).
- Good returns for a manufacturer: ~26% RoE/RoNW and ~24% RoCE.
- Exposure to growing demand areas: data centres, broadband, renewables and EV charging.
- Quality anchor book: ~68% went to domestic mutual funds such as Nippon, ABSL and Motilal Oswal.
- ₹155.5 Cr of the fresh issue repays debt, which should ease interest costs.
- Priced richly: ~52× pre-issue and ~58× post-issue FY26 earnings and ~11.8× book, above Polycab and Finolex.
- Thin margins (EBITDA ~8%, PAT ~4.5%) leave little room if copper and polymer prices move against it.
- FY26 profit was flat despite 42% revenue growth, and borrowings doubled to ₹234 Cr.
- ₹232 Cr (~42%) of the issue is an OFS, so that money goes to selling shareholders, not the company.
- Crowded, competitive market with large listed players.
Orient Cables Listing Performance Updates after Oct 5
We close the loop: issue vs listing price, and whether our call was right.
Orient Cables IPO Allotment Status & Contact Details
Allotment was finalised on Sep 30. Check it with your PAN or application number.
KFin Technologies Ltd.
- Phone
- 040-79615565
- orient.ipo@kfintech.com
Orient Cables (India) Ltd.
- Address
- House No. 8, BLK-D, Second Floor, Ashok Vihar Ph-1, New Delhi 110052
- Phone
- +91 14932 94094
- compliance@orientcables.in
- Website
- orientcables.in
Orient Cables IPO FAQs
GMP, price, lot size, dates, allotment and how to apply.
What is Orient Cables IPO?
Orient Cables IPO is a ₹552.00 Cr Mainboard book built issue made up of a fresh issue of ₹320.00 Cr and an offer for sale of ₹232.00 Cr. The shares will list on BSE and NSE.
What is Orient Cables IPO GMP today?
As of Oct 2 · 3:00 PM IST, the grey market premium is ₹115 (≈42.3%), implying an estimated listing price of about ₹387. The GMP has ranged ₹28 – 115 since Sep 22. GMP is unofficial and not a guarantee of the listing price.
What is the price band of Orient Cables IPO?
The price band is ₹258 – ₹272 per equity share of face value ₹1.
What is the lot size of Orient Cables IPO?
The minimum lot is 55 shares. Retail investors can apply for 1 to 13 lots (55 to 715 shares).
What is the minimum investment for Orient Cables IPO?
The minimum retail investment is ₹14,960 (55 shares at ₹272). The maximum retail application is ₹1,94,480 (13 lots).
When does Orient Cables IPO open and close?
The IPO opens on Sep 25, 2026 and closes on Sep 29, 2026.
What is the allotment date of Orient Cables IPO?
The basis of allotment is finalised on Sep 30, 2026. Refunds and demat credit were on Oct 1, 2026.
When will Orient Cables IPO be listed?
The tentative listing date is Oct 5, 2026 on BSE and NSE.
What is Orient Cables IPO subscription status?
At close (Sep 29 · 5:00 PM IST), the issue was subscribed 97.28× overall — QIB 192.68×, bHNI 129.86×, sHNI 105.99×, Retail 32.21×.
What is the P/E ratio and valuation of Orient Cables IPO?
At the upper band, the P/E is 51.8× pre-issue and 57.8× post-issue, with a market cap of about ₹3,095.35 Cr. Listed peers include RR Kabel (54.9×) and Polycab India (46.7×).
Should I apply for Orient Cables IPO?
IPOSignal's view is Proceed with Caution · Richly Valued (66/100). Fast revenue growth, ~26% RoNW, a strong Apr–Jun 2026 quarter and a mutual-fund-heavy anchor book are real positives. But FY26 profit was flat on thin ~4.5% margins, debt doubled, and at ~52–58× trailing earnings it is priced at or above established cable leaders. This is research, not investment advice.
How to check Orient Cables IPO allotment status?
Check on the registrar KFin Technologies Ltd.'s site (ipostatus.kfintech.com), or on the BSE / NSE allotment pages, using your PAN or application number.
Who is the registrar and lead manager of Orient Cables IPO?
The registrar is KFin Technologies Ltd.. The book-running lead managers are IIFL Capital Services Ltd. and JM Financial Ltd..