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 & Allotment
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.
- IPO Price Band
- ₹258.00 - ₹272.00
- Lot Size
- 55 Shares
- Bidding Closes
- 29 Sept 2026
- Listing Date
- 05 Oct 2026
Quick Answer & Highlights
Orient Cables IPO GMP Today & Key Takeaways
Last updated: 05 Oct 2026
Orient Cables IPO officially listed on 05 Oct 2026 at Rs 450.00, delivering a +65.44% listing gain compared to its issue price of Rs 552.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹178.
Orient Cables IPO officially listed on 05 Oct 2026 at ₹450.00, delivering a +65.44% listing gain compared to its issue price of ₹552.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹178.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹178 | +65.44% vs upper band (05 Oct 2026) |
| Est. Listing Price | ₹450.00 | +65.44% Est. Listing Gain |
| Price Band | ₹258.00 - ₹272.00 | Mainboard IPO |
| Retail Minimum Investment | ₹14,960 | 1 Lot (55 Shares) |
| Bidding Window | 25 Sept 2026 – 29 Sept 2026 | Listed |
| Allotment & Listing Dates | Allotment: 30 Sept 2026 | Listing: 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
| IPO Open Date | 25 Sept 2026 |
|---|---|
| IPO Close Date | 29 Sept 2026 |
| IPO Price Band | ₹258.00 - ₹272.00 |
| Lot Size | 55 Shares |
| Current GMP | ₹178 |
| Estimated Listing Gain | +65.44% |
| Issue Size | Approx ₹552 Cr |
| Fresh Issue | Approx ₹320 Cr |
| Issue Type | Mainboard |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | Kfin Technologies Ltd. |
| Overall Subscription | 92.27x |
| Minimum Investment | ₹14,960 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 42.79 | 7,820.53 | 182.76xx |
| NII | 32.09 | 3,710.92 | 115.63xx |
| Retail | 74.88 | 2,287.54 | 30.55xx |
| Overall Subscription | 149.77 | 13,818.99 | 92.27xx |
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.
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
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 25 Sept 2026 | Completed |
| Bidding Closes | 29 Sept 2026 | Completed |
| Allotment | 30 Sept 2026 | Completed |
| Listing | 05 Oct 2026 | Completed |
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 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.
Comparison
Compare Orient Cables IPO with similar IPOs
FAQ
Orient Cables IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs 178 and an issue price of Rs 272, the estimated listing price for Orient Cables IPO is Rs 450.00 (approx 65.44% listing gain). Actual listing price is determined by market demand on the listing day.
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.
In our empirical study of 117 Indian IPO listings, positive GMP was followed by a positive listing gain 69.8% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
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