Mumbai.
Orient Cables (India) Limited, a leading manufacturer of telecommunication and networking equipment, has announced the launch of its initial public offering (IPO). The book-built issue, valued at ₹552 crore, is scheduled to open for public subscription on Friday, September 25, 2026, and will close on Tuesday, September 29, 2026.
According to the official Red Herring Prospectus (RHP), the issue consists of a fresh issue of equity shares worth ₹320 crore and an Offer for Sale (OFS) of ₹232 crore by promoter entities.
Key IPO Timetable and Dates
Investors aiming to apply for the public issue can track the timeline outlined below:
| Milestone Event | Scheduled Date |
| Anchor Investor Bidding | September 24, 2026 |
| IPO Opening Date | September 25, 2026 |
| IPO Closing Date | September 29, 2026 |
| Finalization of Allotment | September 30, 2026 |
| Initiation of Refunds & Demat Transfer | October 1, 2026 |
| Tentative Listing Date | October 5, 2026 (BSE & NSE) |
Price Band, Bidding Structure, and Lot Size
The price band for the public offer has been fixed at ₹258 to ₹272 per equity share with a face value of ₹1 each.
- Lot Size: Bidders can apply in lots of 55 shares and in multiples thereafter.
- Retail Minimum Investment: A minimum investment of ₹14,960 is required for 1 lot (55 shares) at the upper price cap of ₹272.
- Retail Maximum Investment: Retail investors can bid up to 13 lots (715 shares) valued at ₹1,94,480.
- Non-Institutional Investors (NII/HNI): Small HNIs (sHNI) require a minimum bid of 14 lots (770 shares) amounting to ₹2,09,440.
Company Profile and Business Operations
Established in 2005 and headquartered in Gurugram, Orient Cables (India) Limited operates as a major manufacturer of networking cables and passive networking components.
Product Portfolio:
- Networking & Telecom Cables: CAT5, CAT6, CAT6A Ethernet solutions, and Optical Fibre Cables (OFC).
- Specialty & Power Cables: CCTV, coaxial cables, specialty power lines, and patch cords.
- Emerging Solutions: E-beam irradiated specialty cables, EV charging cables and guns, solar junction boxes, and tethered drone cabling systems.
The company’s products cater to data centers, broadband infrastructure, smart building automation, system integration, fast-moving electrical goods (FMEG), and the automotive sector.
Financial Health & Revenue Profile
Orient Cables has shown consistent growth across top-line and bottom-line metrics over recent fiscal years:
- FY26 Financial Performance: Revenue stood at ₹1,181.67 crore compared to ₹831.86 crore in FY25. Profit After Tax (PAT) for FY26 reached ₹53.56 crore.
- Q1 FY27 Performance (ended June 30, 2026): Revenue recorded at ₹490.94 crore, generating a net profit of ₹32.78 crore.
- Debt Position: Total outstanding borrowings were reported at ₹258.46 crore as of June 30, 2026.
Objects of the Fresh Issue
Out of the ₹320 crore raised through fresh issuance, the company plans to utilize the capital as follows:
- Repayment/Prepayment of Borrowings: ₹155.50 crore allocated toward reducing outstanding corporate debt.
- Capital Expenditure: ₹91.50 crore dedicated to expanding manufacturing capabilities, purchasing civil machinery, and infrastructure work.
- Corporate Purposes: Balance funds to be utilized for general corporate operational requirements.
Lead Managers and Registrar
- Book Running Lead Manager: JM Financial Limited
- Registrar to the Issue: KFin Technologies Limited
Frequently Asked Questions (FAQs)
What is the issue size of the Orient Cables IPO 2026?
The total issue size is ₹552 crore, comprising a ₹320 crore fresh issue and a ₹232 crore offer for sale (OFS).
What is the opening date and closing date of the Orient Cables IPO?
The subscription opens on September 25, 2026, and closes on September 29, 2026.
What is the minimum lot size for retail investors?
Retail investors can apply for a minimum of 1 lot consisting of 55 shares, which requires an investment of ₹14,960 at the upper price band of ₹272 per share.
Where will the Orient Cables shares be listed?
The shares will be listed on both primary Indian exchanges: BSE and NSE.
Disclaimer
This article is published purely for informational and educational purposes. It does not constitute financial advice or a recommendation to buy or sell securities. Investors are advised to read the official Red Herring Prospectus (RHP) and consult certified financial advisors before making investment decisions.
Relevant Portal Links
For more financial insights, markets analysis, and business news updates, visit Matribhumi Samachar English. Explore further news sections through the following sections:
