Orient Cables(India)Limited IPO
Offer terms, application timeline, financial context and company details in one place.
Price per share₹27255 shares per lot · indicative
Opens25 Sept 2026
Closes29 Sept 2026
AllotmentNot reported
Listing5 Oct 2026
Offer
Issue at a glance
- Issue size
- ₹0.09 crore
- Face value
- ₹1
- Issue method
- Book Building
- Fresh issue
- ₹0.09 crore
- Symbol
- ORIENTCABL
- ISIN
- INE0J1N01028
Demand
As of 29 Sept 2026, 12:01 amSubscription
5.84×overall subscribed
| Investor category | Applications | Shares bid | Subscribed |
|---|---|---|---|
| Qualified Institutional Buyers(QIBs) | — | 1,56,860 | 0.04× |
| Foreign Institutional Investors(FIIs) | — | 3,685 | — |
| Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | — | 5,995 | — |
| Mutual funds | — | 0 | — |
| Others | — | 1,47,180 | — |
| Non Institutional Investors | — | 4,46,13,360 | 13.9× |
| Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | — | 2,57,43,740 | 12.03× |
| Corporates | — | 4,30,980 | — |
| Individuals(Other than RIIs) | — | 2,41,30,645 | — |
| Others | — | 11,82,115 | — |
| Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | — | 1,88,69,620 | 17.64× |
| Corporates | — | 67,320 | — |
| Individuals(Other than RIIs) | — | 1,80,04,140 | — |
| Others | — | 7,98,160 | — |
| Retail Individual Investors(RIIs) | — | 4,26,39,355 | 5.69× |
| Cut Off | — | 3,31,39,260 | — |
| Price bids | — | 95,00,095 | — |
| Total | — | 8.74 | 5.84× |
Demand by bid price
₹2588,74,09,575 shares
₹2598,73,74,760 shares
₹2608,73,73,330 shares
₹2618,73,62,825 shares
₹2628,73,61,835 shares
₹2638,73,58,810 shares
₹2648,73,58,590 shares
₹2658,73,57,545 shares
₹2668,73,48,305 shares
₹2678,73,47,645 shares
₹2688,73,47,590 shares
₹2698,73,45,720 shares
₹2708,73,39,230 shares
₹2718,73,31,915 shares
₹2728,73,22,125 shares
Business
About the company
Incorporated in September 2005, Orient Cables (India) Limited is a manufacturer of networking cables and passive networking equipment. The Company has nearly two decades of experience in the networking cables and passive networking equipment industry and caters to industries including broadband, telecommunications, data centres, renewable energy, smart building automation and security, system integration, FMEG and automotive. Its product portfolio includes CAT5, CAT5e, CAT6 and CAT6A networking cables, patch cords, CCTV and coaxial cables, instrumentation and control cables, power cables, optical fibre cables, fibre patch cords, keystone jacks, power strips and power cords. The Company also manufactures customized products based on customer requirements. As of June 30, 2026, the Company had an installed capacity of 895,776 km.
Performance
Financial snapshot
| Particulars | FY26 | FY27 |
|---|---|---|
| Revenue | ₹1,171.65 cr | ₹1,956.60 cr (67.00%) |
| PAT | ₹53.56 cr | ₹131.12 cr (144.81%) |
| PAT Margin | 4.57 % | 6.70 % (46.61%) |
| EBITDA | ₹96.40 cr | ₹219.56 cr (127.76%) |
| EBITDA Margin | 8.23 % | 11.22 % (36.33%) |
| ROE | 22.71 % | 12.20 % |
| ROCE | 23.82 % | 10.36 % |
| D/E | 0.99 | 0.96 |
Research
What to consider
Business strengths
- Long-Standing Customer RelationshipsThe company has established relationships with customers across multiple industries and applications. These relationships support its presence across the networking and specialty cable markets.
- Strategically Located Manufacturing FacilitiesOrient Cables operates manufacturing facilities positioned to support its production and customer requirements. Its manufacturing capabilities support a broad portfolio of networking and specialty cables.
- Diversified End-User PresenceThe company serves a wide range of industries including telecom, data centres, renewable energy, e-mobility, FMEG, security, railways, defence and aerospace. This provides exposure to multiple end-user applications.
Key risks
- Brand & Reputation RiskThe company's brand and reputation are important to its business. Any adverse publicity or intellectual property dispute relating to the “ORIENT” brand could adversely affect its business, prospects, results of operations and cash flows.
- Raw Material Supplier ConcentrationMore than 74.91% and 69.71% of primary raw materials were sourced from the top 10 suppliers during the three months ended June 30, 2026 and Fiscal 2026, respectively. Significant price increases, shortages or supply disruptions could increase costs and affect project timelines and financial performance.
- Customer ConcentrationThe top 10 customers contributed 84.00% and 76.52% of revenue from operations during the three months ended June 30, 2026 and Fiscal 2026, respectively. If major customers reduce their purchases, discontinue sourcing or terminate contracts or purchase orders, the company's business, cash flows and financial performance could be adversely affected.
Context
Peer comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (₹ per share) | P/E (x) |
|---|---|---|---|---|
| Orient Cables (India) Limited | 5.27 | 5.27 | 23.11 | 25.84 |
| RR Kabel Limited | 43.53 | 43.52 | 227.61 | 54.85 |
| Polycab India Limited | 177.53 | 176.95 | 805.50 | 46.69 |
| Finolex Cables Limited | 46.67 | 46.67 | 397.93 | 26.29 |
| Havells India Limited | 26.95 | 26.94 | 150.95 | 42.69 |
| KEI Industries Limited | 96.09 | 96.02 | 697.17 | 48.99 |
| Paramount Communications Limited | 1.96 | 1.96 | 25.49 | 33.47 |
| Birla Cable Limited | 5.63 | 5.63 | 93.63 | 63.54 |
| Sterlite Technologies Limited | 1.15 | 1.11 | 46.46 | 708.38 |
Filings
Offer documents
Advertisement1 Oct 2026Final Prospectus30 Sept 2026Draft Prospectus/Draft Red Herring Prospectus10 Jul 2025Anchor Allocation ReportBidding CentersProcessing of ASBA ApplicationsRatios / Basis of Issue PriceRed Herring ProspectusSample Application FormsSecurity Parameters (Post Anchor)Security Parameters (Pre Anchor)RHP