Orient Cables IPO: Rs 582 Crore Issue Opens Sept 25, 2026

Orient Cables (India) is hitting the public markets with an initial public offering to raise up to Rs 582 crore. The issue opens for subscription on September 25, 2026 and closes on September 29, 2026.

IPO Structure And Price Band

The company is offering 2,13,95,346 shares through a 100 percent book building process. Investors will eye the details closely:

• Face value of each share is Rs 1.
• Price band is set at Rs 258 to 272 per equity share.
• Qualified Institutional Buyers receive not more than 50% of the issue, with 5% reserved for mutual funds.
• Non-institutional bidders get not less than 15%.
• Retail investors are allocated the remaining 35%.

Key Issue Details And Advisors

The shares will be listed on both BSE and NSE. The pricing represents 258 times of its face value on the lower side and 272 on the higher side.

• Book running lead managers: IIFL Capital Services and JM Financial.
• Compliance officer: Mona Kaushik.

Manufacturing And Customer Base

Operating for nearly two decades, Orient Cables manufactures networking cables and passive networking equipment. Its products serve high-growth industries like broadband, telecom, data centres, renewable energy, smart building automation, system integration, FMEG, and automotive.

• Product range includes Networking Cables and Solutions, Specialty Power, Optical Fibre Cables, and Wire and Cable Harness Assemblies.
• It also makes EV Charging Guns Cable Assembly, keystone jacks, power strips, and power cords.
• The company caters to two out of the top three telecom companies by revenue as on March 31, 2026.
• It has maintained relationships with its top ten customers for an average period of over nine years.