Orient Cables IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
| Metric | 2024 | 2025 | 2026 | June 2026 |
|---|---|---|---|---|
| Revenue | 664.98 | 831.86 | 1,181.67 | 490.94 |
| Expense | 610.62 | 760.15 | 1,109.07 | 446.44 |
| Profit (PAT) | 40.07 | 53.32 | 53.56 | 32.78 |
| Total Assets | 293.22 | 427.19 | 580.79 | 743.19 |
| Company | EPS | P/E | RoNW % | NAV |
|---|---|---|---|---|
| RR Kabel Limited | 43.53 | 54.85 | 20.83 | 227.61 |
| Polycab India Limited | 177.53 | 46.69 | 24.58 | 805.50 |
| Finolex Cables Limited | 46.67 | 26.29 | 12.33 | 397.93 |
| Havells India Limited | 26.95 | 42.69 | 18.97 | 150.95 |
| KEI Industries Limited | 96.09 | 48.99 | 14.75 | 697.17 |
| Paramount Communications Limited | 1.96 | 33.47 | 7.99 | 25.49 |
| Birla Cable Limited | 5.63 | 63.54 | 6.33 | 93.63 |
| Sterlite Technologies Limited | 1.15 | 708.38 | 2.63 | 46.46 |
Promoters: Vipul Nagpal, Garima Nagpal, Vardaan Nagpal, Vipul Family Trust, and Garima Family Trust
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 10,20,35,000 | 100.00% |
Strengths & Risks
- Heavily oversubscribed — 97.3x overall (final).
- Strong institutional (QIB) demand — 192.7x.
- Revenue grew 42% in the latest reported year.
- Strong return on equity — 26%.
Our data checks haven't flagged a specific concern for Orient Cables — but that isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Orient Cables is one of the premier companies in terms of networking cables and passive networking equipment, as the company has been operating it for around 20 years. These are providing to advanced industries such as broadband, telecom, data centres, renewable energy, smart building automation/ security, system integration, FMEG, and automotive. Leading manufacturer of special cables used in telecommunications, wide range of custom-made products and solutions for different industries, factories are in strategic locations and focus on making innovative products are the company’s strengths. Further, the company also provides a wide range of products, including Networking Cables and Solutions; Specialty Power, Optical Fibre Cables and Solutions; and Other Allied Products. In Fiscal 2025, they are among the top five networking cable companies in India, with around 22% market share.
Orient Cables (India) Limited, House No. 8 BLK-D, Second Floor,, Ashok Vihar PH-1, New Delhi, Delhi, New Delhi, New Delhi, 110052
| Purpose | Amount (Cr) |
|---|---|
| Funding of capital expenditure requirements of our Company towards purchase of machinery, equipment and civil works at our Manufacturing Facilities | 91.50 |
| Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company | 155.50 |
| General Corporate Purposes | - |
Resources & Documents
Orient Cables has set a price band of Rs 258–Rs 272 per share for an issue size of Rs 552 crore. The IPO has listed on the exchanges.
Orient Cables is one of the premier companies in terms of networking cables and passive networking equipment, as the company has been operating it for around 20 years. These are providing to advanced industries such as broadband, telecom, data centres, renewable energy, smart building automation/ security, system integration, FMEG, and automotive.
The issue is promoted by Vipul Nagpal, Garima Nagpal, Vardaan Nagpal, Vipul Family Trust, and Garima Family Trust with IIFL Securities Limited, JM Financial Limited acting as lead manager. Net proceeds will primarily be used towards Funding of capital expenditure requirements of our Company towards purchase of machinery, equipment and civil works at o… (Rs 92 crore) and Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Compan… (Rs 156 crore).
On fundamentals, the company is posting revenue growth of 42.1%, a profit margin of 4.5%, return on equity of 25.8% in its most recent reported period. Listed peers in this segment include RR Kabel Limited (P/E 54.85x) and Polycab India Limited (P/E 46.69x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
On our data-signal score, the combined signals for this issue currently read very strong — GMP, subscription demand and fundamentals are all reading positively. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Orient Cables IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed.
See the full Orient Cables GMP history and trend, or learn how grey market premium works and how reliable it is.
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