Orient Cables (India) Limited is a B2B manufacturer of networking, power and optical fibre cables, serving telecom, broadband, data centres, renewable energy, e-mobility, FMEG and other industrial sectors. It also provides customised cable solutions and allied networking products.
Its portfolio includes CAT5 to CAT6A networking cables, patch cords, CCTV and coaxial cables, power and optical fibre cables, along with wire harnesses, EV charging assemblies, keystone jacks and power cords.
The company has expanded into E-Beam specialty cables, solar junction boxes, tethered drone systems and EV charging cables, targeting renewable energy, e-mobility, data centres, defence and other emerging sectors.
Orient Cables serves telecom providers, OEMs, enterprises and resellers, with exports to the UAE, Qatar, USA, Australia, New Zealand, Nepal, Singapore and the Netherlands.
As of June 30, 2026, Orient Cables had 895,776 km of installed capacity, with Networking Cables contributing 78.23% of FY2026 revenue and Specialty Power & Optical Fibre 21.37%.
As of June 30, 2026, the Company had 613 permanent employees and 1,327 contractual employees.
Orient Cables IPO – Details
| IPO Opening Date | 25 September 2026 |
| IPO Closing Date | 29 September 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 2,02,94,114 Shares Worth ₹552.00 Crore Fresh Issue: 1,17,64,705 Shares Worth ₹320.00 Crore Offer For Sale: 85,29,409 Shares Worth ₹232.00 Crore |
| Face Value | ₹1 per equity share |
| IPO Price | ₹258 – ₹272 per share |
| Market Lot | 55 Shares |
| Min Order | 55 Shares [1 Lot] |
| Listing At | BSE, NSE |
| Register | Kfin Technologies Ltd. |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Orient Cables IPO – Date Schedule
| IPO Open Date | 25 September 2026 |
| IPO Close Date | 29 September 2026 |
| Basis of Allotment | 30 September 2026 |
| Initiation of Refund | 01 October 2026 |
| Credit of Shares to Demat Account | 01 October 2026 |
| IPO Listing Date | 05 October 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 29, 2026 |
Orient Cables IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 55 | ₹14,960 |
| Retail (Max) | 13 | 715 | ₹1,94,480 |
| S-HNI (Min) | 14 | 770 | ₹2,09,440 |
| S-HNI (Max) | 66 | 3630 | ₹9,87,360 |
| B-HNI (Min) | 67 | 3685 | ₹10,02,320 |
Competitive Strength
- Long-standing customer relationships.
- Strategically located manufacturing facilities.
- Presence across diverse end-user industries.
- Customized product development capabilities.
- Established presence in the networking cables industry.
- Focus on product innovation and new product development.
- Diversified portfolio of networking and specialty cable products.
Company Promoters
- Vipul Nagpal
- Garima Nagpal
- Vardaan Nagpal
- Vipul Family Trust
- Garima Family Trust
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2024 | ₹664.98 Cr | ₹610.62 Cr | ₹40.07 Cr | ₹36.73 Cr |
| 31 March 2025 | ₹831.86 Cr | ₹760.15 Cr | ₹53.32 Cr | ₹113.45 Cr |
| 31 March 2026 | ₹1,181.67 Cr | ₹1,109.07 Cr | ₹53.56 Cr | ₹234.19 Cr |
| 30 June 2026 | ₹490.94 Cr | ₹446.44 Cr | ₹32.78 Cr | ₹258.46 Cr |
Key Performance Indicator
| KPI | Values (June 30, 2026) |
|---|---|
| ROE | 13.17% |
| ROCE | 10.36% |
| Debt/Equity | 0.95 |
| RoNW | 13.17% |
| PAT Margin | 6.77% |
| EBITDA Margin | 11.22% |
| NAV | 26.34 |
| Price to Book Value | 10.33 |
| Pre IPO | Post IPO | |
| EPS (₹) | 5.25 | 11.52 |
| P/E (x) | 51.81 | 23.61 |
Object Of The Issue
| Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|
| Funding of capital expenditure requirements of the Company towards purchase of machinery, equipment and civil works at its Manufacturing Facilities. | ₹91.50 |
| Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company. | ₹155.50 |
| General Corporate Purposes. |
Orient Cables IPO Peer Comparison
| S. No. | Face Value (₹) | Company Name | P/E Ratio |
|---|---|---|---|
| 1 | 5 | RR Kabel Limited | 54.85 |
| 2 | 10 | Polycab India Limited | 46.69 |
| 3 | 2 | Finolex Cables Limited | 26.29 |
| 4 | 1 | Havells India Limited | 42.69 |
| 5 | 2 | KEI Industries Limited | 48.99 |
| 6 | 2 | Paramount Communications Limited | 33.47 |
| 7 | 10 | Birla Cable Limited | 63.54 |
| 8 | 2 | Sterlite Technologies Limited | 708.38 |
✅Strengths
- Strong Market Position with ~22.9% networking cable market share.
- Diversified Products across networking, power and optical fibre cables.
- Established Customers including major telecom companies.
- High Entry Barriers due to strict quality and certification requirements.
- Growing Capacity with 895,776 km installed capacity.
⚠️Risks
- Raw Material Costs may impact profit margins.
- High Competition can pressure pricing.
- Technology Changes require continuous R&D.
- Telecom Dependence may affect demand growth.
- Brand Dispute involving the “ORIENT” name.
Orient Cables IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 82.17% |
Orient Cables IPO Prospectus
Company Contact Information
| Orient Cables Ltd. House No. 8 BLK-D, Second Floor, Ashok Vihar PH-1, New Delhi, 110052 Phone: +91 14932 94094 Email: compliance@orientcables.in Website: https://orientcables.in/ |
Orient Cables IPO Registrar
| Kfin Technologies Ltd. Phone: 040-79615565 Email: orient.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |
Orient Cables IPO Lead Manager(s)
| 1. JM Financial Limited 2. IIFL Capital Services Limited |
Orient Cables IPO FAQs
| What is the Orient Cables IPO? Orient Cables IPO is a main-board IPO. The issue is priced at ₹258 to ₹272 per equity share. The IPO is to be listed on the BSE & NSE. |
| When will the Orient Cables IPO open? The IPO is to open on 25 September 2026 for QIB, NII, and Retail Investors. |
| What is Orient Cables IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Orient Cables IPO Size? Orient Cables IPO size is ₹552.00 Crore. |
| What are the Orient Cables IPO Minimum and maximum lot sizes for Retail? The minimum bid is 55 Shares with ₹14,960, while the maximum bid is 715 Shares with ₹1,94,480. |
| What is the Orient Cables IPO Allotment Date? Orient Cables IPO allotment date is 30 September 2026. |
| What is the Orient Cables IPO Listing Date? Orient Cables IPO listing date is 05 October 2026. The IPO is to be listed on the BSE and the NSE. |
