Orient Cables IPO GMP today is Rs 178. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
Mainboard IPO
ORIENTCABL
Orient Cables IPO GMP, Subscription & Allotment Status Today
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.
- Price Band
- ₹258.00 - ₹272.00
- Lot Size
- 55 Shares
- Bidding Closes
- 29 Sept 2026
- Listing Date
- 05 Oct 2026
Current GMP Status
₹178
+65.44% vs upper band
Est. Listing Gain
+65.44%
Last Trend
05 Oct 2026
Listing Price
₹450.00
Retail Entry
₹14,960
IPO Details
Complete IPO information
| Current GMP | ₹178 |
|---|---|
| Estimated Listing Gain | +65.44% |
| Price Band | ₹258.00 - ₹272.00 |
| Issue Price | Approx ₹552.00 Crores |
| Listing Price | ₹450.00 |
| Lot Size | 55 Shares |
| Issue Type | Mainboard |
| Registrar | Kfin Technologies Ltd. |
| Exchange | NSE, BSE |
| Retail Quota | TBA |
| Overall Subscription | 92.27x |
| Listing Date | 05 Oct 2026 |
| Minimum Investment | ₹14,960 |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 42.79 | 7820.53 | 182.76x |
| NII | 32.09 | 3710.92 | 115.63x |
| Retail | 74.88 | 2287.54 | 30.55x |
| Overall Subscription | 149.77 | 13818.99 | 92.27x |
Day-wise demand
Orient Cables IPO subscription status day-wise
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 2 (28 Sept) | 0.01x | 3.47x | 2.42x | 1.96x |
| Day 3 (29 Sept) | 0.06x | 17.37x | 9.16x | 8.32x |
Subscription in times (x) at the end of each bidding day. Today's row updates through the day.
Company data
{Orient Cables}: financials, valuation & listing
Listing details
| Listing date | 05 Oct 2026 |
|---|---|
| NSE symbol | ORIENTCABL |
| BSE code | 544960 |
| ISIN | INE0J1N01028 |
| Offer price | ₹258 – ₹272 |
| Face value | ₹10 |
| Listing price | ₹450 |
Valuation
| Return on equity (ROE) | 25.84% |
|---|---|
| Return on capital employed (ROCE) | 23.82% |
| EBITDA margin | 8.23% |
| PAT margin | 4.55% |
| Debt to equity | 0.94 |
| EPS | 5.27 (Basic) |
| P/E ratio | N/A |
| Return on net worth | 25.84% |
| NAV per share | 23.11 |
Financial history
| 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. |
Peer comparison
| Company | Income | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|---|
| RR Kabel Limited | – Cr. | 43.53 | 54.85 | 20.83% | 227.61 |
| Polycab India Limited | – Cr. | 177.53 | 46.69 | 24.58% | 805.50 |
| Finolex Cables Limited | – Cr. | 46.67 | 26.29 | 12.33% | 397.93 |
| Havells India Limited | – Cr. | 26.95 | 42.69 | 18.97% | 150.95 |
| KEI Industries Limited | – Cr. | 96.09 | 48.99 | 14.75% | 697.17 |
| Paramount Communications Limited | – Cr. | 1.96 | 33.47 | 7.99% | 25.49 |
| Birla Cable Limited | – Cr. | 5.63 | 63.54 | 6.33% | 93.63 |
| Sterlite Technologies Limited | – Cr. | 1.15 | 708.38 | 2.63% | 46.46 |
Use of proceeds
| Purpose | Amount (₹ crore) |
|---|---|
| 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%) |
Key dates
| UPI mandate deadline | 29 Sept 2026 |
|---|---|
| Allotment finalised | 30 Sept 2026 |
| Refund initiation | 01 Oct 2026 |
| Shares credited | 01 Oct 2026 |
| Mandate end date | 14 Oct 2026 |
| Anchor lock-in ends (50%) | 29 Oct 2026 |
| Anchor lock-in ends (remaining) | 28 Dec 2026 |
Grey Market Premium (GMP) data is entirely unofficial and speculative, and is influenced by market sentiment, demand and supply for IPO shares, and market rumors. While GMP can provide an indication of the expected IPO listing price, it may not always be accurate and does not guarantee the actual listing price.
Head-to-head
Compare Orient Cables IPO with similar IPOs
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Orient Cables is priced at ₹272 per share. With a minimum lot size of 55 shares, a retail investor applying for one lot would need approximately ₹14,960 to participate in this Mainboard issue.
The latest recorded Grey Market Premium for Orient Cables stands at ₹178, implying an estimated listing gain of around 65.44% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Orient Cables's IPO was subscribed 92.27x overall, with a category-wise breakdown of Retail 30.55x, QIB 182.76x, NII 115.63x.
Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
25 Sept 2026
✓
Bidding Closes
29 Sept 2026
✓
Allotment
30 Sept 2026
✓
Listing
05 Oct 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 05 Oct 2026 | ₹123.00 | - | 45.22% |
| 03 Oct 2026 | ₹123.00 | +₹16.00 | 45.22% |
| 02 Oct 2026 | ₹107.00 | +₹17.00 | 39.34% |
| 01 Oct 2026 | ₹90.00 | +₹5.00 | 33.09% |
| 30 Sept 2026 | ₹85.00 | +₹13.00 | 31.25% |
| 29 Sept 2026 | ₹72.00 | -₹8.00 | 26.47% |
| 28 Sept 2026 | ₹80.00 | - | 29.41% |
| 26 Sept 2026 | ₹80.00 | -₹33.00 | 29.41% |
| 25 Sept 2026 | ₹113.00 | +₹68.00 | 41.54% |
| 24 Sept 2026 | ₹45.00 | +₹11.00 | 16.54% |
| 23 Sept 2026 | ₹34.00 | - | 12.50% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 55 | ₹14,960 |
| Retail Maximum | 13 Lot | 715 | ₹1,94,480 |
| S-HNI Minimum | 14 Lot | 770 | ₹2,09,440 |
| S-HNI Maximum | 66 Lot | 3,630 | ₹9,87,360 |
| B-HNI Minimum | 67 Lot | 3,685 | ₹10,02,320 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Orient Cables IPO Details
Orient Cables IPO is a book building issue with an issue size of Approx ₹552 Crores. The IPO comprises a fresh issue of Approx ₹320 Crores and is proposed to be listed on the NSE, BSE. The IPO price band is set at ₹258 – ₹272 per equity share.
| Particular | Details |
|---|---|
| IPO Open Date | 25 Sept 2026 |
| IPO Close Date | 29 Sept 2026 |
| IPO Price Band | ₹258 – ₹272 |
| Issue Size | Approx ₹552 Crores |
| Fresh Issue | Approx ₹320 Crores |
| Issue Type | Mainboard |
| IPO Listing | NSE, BSE |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Note: The above Orient Cables IPO details are based on the information provided for the issue.
Analysis
Orient Cables IPO 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.
Analysis
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.
Analysis
Orient Cables Company Financials
| 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.
Analysis
Orient Cables Company Valuation – FY2026
| 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.
Analysis
Orient Cables IPO 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.
FAQ
Orient Cables IPO FAQs
Orient Cables IPO price band is Rs 258.00 to Rs 272.00. Check the latest issue price, lot size and GMP together before applying.
Orient Cables IPO open date is 25 Sept 2026, close date is 29 Sept 2026, and listing date is 05 Oct 2026.
Orient Cables IPO lot size is 55 shares. The minimum retail investment is Rs 14,960.
Orient Cables is classified as a Mainboard IPO. This helps investors quickly understand the issue category and exchange segment.
Orient Cables IPO subscription status currently shows Retail 30.55x, QIB 182.76x, NII 115.63x, Overall 92.27x.
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 issue size is TBA and the expected allotment date is 30 Sept 2026.
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