Business Overview
Orient Cables is a mainboard IPO with an issue size of ₹552 Cr. The issue will be available for subscription from 2026-09-25 to 2026-09-29, with listing expected on 2026-10-05.
25 Sept 2026 – 29 Sept 2026
₹258-272
₹552 Cr
55
05 Oct 2026
NSE, BSE
Orient Cables is a prominent corporate entity operating in the Mainboard Industry Leader segment. Incorporated in India, the enterprise specializes in diversified industrial and commercial solutions across domestic and global markets. Through systematic operational scaling, seasoned promoter leadership, and stringent quality adherence, the company has established a proven track record of reliable market execution.
The company is raising capital through this public issue of ₹552 Cr on the BSE & NSE Mainboard exchange platform. The bidding window opens on 25 Sept 2026 and closes on 29 Sept 2026, with equity shares offered within a price band of ₹258 to ₹272 per share.
NSE, BSE
Mainboard Tierkfintech
Official RegistryDisclosed in RHP
Book Running Merchant₹2 per share
Equity Par ValueProceeds generated from the net public issue of ₹552 Cr will be utilized by Orient Cables towards the following statutory corporate objectives:
₹34
+12.5% Expected₹306
Cap Price + GMP+₹1,870
55 shares × GMPModerate
High: ₹34 · Low: ₹34Subscription data not published yet.
Understanding Allotment Odds:
Retail allotment is decided by a SEBI electronic lottery if the category is oversubscribed (>1.0x). HNI / NII allotment is proportional for small HNI and big HNI tiers.
Retail investors can apply for a maximum of 13 lots (up to ₹2 Lakh). Applications above ₹2 Lakh are automatically routed to the Non-Institutional Investor (NII / HNI) quota under SEBI bidding regulations. Cut-off price is mandatory for retail validity.
51.81x
Based on upper price band
₹2,318 Cr
Post-issue valuation
₹2 per share
Par equity value
18.40%
Weighted 3-year average
₹103
Per share prior to issue
₹5
Diluted FY25/26 annualised
The total public issue of ₹552 Cr comprises a Fresh Issue for capital expansion and working capital requirements, alongside an Offer for Sale (OFS) by promoter entities. Proceeds from the fresh issue will strengthen the company's balance sheet and fuel long-term organic expansion.
Mutual funds, foreign portfolio investors (FPIs), banks, and domestic insurance.
Divided into Small HNI (1/3rd, ₹2L–₹10L) and Big HNI (2/3rds, >₹10L).
Reserved exclusively for retail public investors with lottery-based allotment.
kfintech
Official registry authority handling applicant bidding records, PAN deduplication, and demat credit.
Orient Cables is a mainboard IPO with an issue size of ₹552 Cr. The issue will be available for subscription from 2026-09-25 to 2026-09-29, with listing expected on 2026-10-05.
Issue size of 552 Cr suggests a mid-sized offering. Subscription data will appear once the issue opens. Current grey-market premium of ₹34 (12.5%) signals positive market sentiment.
Price band set at ₹258–272 per share, a 5% range. Minimum retail investment of ₹14,960.
GMP of ₹34 (12.5%) implies an estimated listing price of ₹306.
Mainboard IPO — regulated by SEBI with higher disclosure standards. Subscription data not yet available — demand visibility is limited.
This analysis is generated algorithmically from available data. It is not investment advice. Please consult a registered financial advisor before making investment decisions.