Orient Cables (India) IPO: GMP, subscription and allotment status

MainboardKFin TechnologiesListed5 Oct

This IPO has left the live dashboard. The figures below are as recorded on 5 Oct 2026.

61.86×Heavily oversubscribed

Subscription as of 29 Sept, 19:00 IST, from NSE bid data

Listed at
₹450
+65.4% on issue price
Est. listing
₹362
+33.1% on issue price
Price band
₹258–272
Lot
55 shares
Min. ₹14,960

Allotment

Allotment is published. Check every saved PAN in one go.

Check allotment

Dates

25 → 29 Sept · allot 30 · list 5 Oct

Refunds and shares in your demat account on 1 Oct.

Subscription by category

Retail
18.52×
Heavily oversubscribed
Non-institutional (NII)
91.21×
Heavily oversubscribed
Qualified institutional (QIB)
115.71×
Heavily oversubscribed
Total
61.86×
Heavily oversubscribed

Shares bid for

QIB
Offered 42,79,069
Bid for 78,20,53,085
182.76×
NII
Offered 32,09,302
Bid for 37,10,91,875
115.63×
bHNI (above ₹10 lakh)
Offered 21,39,535
Bid for 26,35,45,535
123.18×
sHNI (₹2–10 lakh)
Offered 10,69,767
Bid for 10,75,46,340
100.53×
Retail
Offered 74,88,372
Bid for 22,87,53,745
30.55×
Total
Offered 1,49,76,743
Bid for 1,38,18,98,705
92.27×

Day by day

1×61.86×
25 Sept29 Sept
29 Sept 2026
Overall 61.86×
Retail 18.52×
28 Sept 2026
Overall 5.84×
Retail 5.69×
25 Sept 2026
Overall 1.32×
Retail 1.46×

Overall and retail, as they stood at the end of each day of bidding.

As of 29 Sept, 19:00 IST.

GMP day by day

The last GMP before listing was ₹90 on 1 Oct, pointing to a listing around ₹362. It listed at ₹450, ₹88 above that estimate.

1 Oct 2026
GMP ₹90
Est. listing ₹362 +33.1%
30 Sept 2026
GMP ₹90
Est. listing ₹362 +33.1%
29 Sept 2026
GMP ₹85
Est. listing ₹357 +31.3%
28 Sept 2026
GMP ₹80
Est. listing ₹352 +29.4%
27 Sept 2026
GMP ₹80
Est. listing ₹352 +29.4%
26 Sept 2026
GMP ₹80
Est. listing ₹352 +29.4%
25 Sept 2026
GMP ₹113
Est. listing ₹385 +41.5%
24 Sept 2026
GMP ₹60
Est. listing ₹332 +22.1%

Recorded once a day from IPOWatch's GMP table. GMP is unofficial and doesn't guarantee a listing price.

Issue details

Segment
Mainboard
Face value
₹1
Issue type
Book Built Issue
Fresh issue
₹320 Crores
Offer for sale
85,29,409 Equity Shares
Listing at
BSE & NSE
Registrar
KFin Technologies
NSE symbol
ORIENTCABL

GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from

What you can apply for

Retail Minimum
1 lot, 55 shares
₹14,960
Retail Maximum
13 lots, 715 shares
₹1,94,480
S-HNI Minimum
14 lots, 770 shares
₹2,09,440
S-HNI Maximum
66 lots, 3,630 shares
₹9,87,360
B-HNI Minimum
67 lots, 3,685 shares
₹10,02,320

A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.

Where the money goes

Funding of capital expenditure requirements of our Company towards purchase of machinery, equipment and civil works at our Manufacturing Facilities
₹91.50 Cr
Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company
₹155.50 Cr
General Corporate Purposes
—

What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.

Company numbers

Revenue, ₹ crore

₹490.94 Cr−58.5% on 2026

Profit, ₹ crore

₹32.78 Cr−38.8% on 2026

Assets, ₹ crore

₹743.19 Cr+28.0% on 2026

June 2026
Revenue ₹490.94
Profit ₹32.78
2026
Revenue ₹1,181.67
Profit ₹53.56
2025
Revenue ₹831.86
Profit ₹53.32
2024
Revenue ₹664.98
Profit ₹40.07

In ₹ crore, for the years the offer document reports.

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)
Return on Net Worth (RoNW)
25.84%
Net Asset Value (NAV)
₹23.11

Listed peers

RR Kabel Limited
P/E 54.85
EPS 43.53
Polycab India Limited
P/E 46.69
EPS 177.53
Finolex Cables Limited
P/E 26.29
EPS 46.67
Havells India Limited
P/E 42.69
EPS 26.95
KEI Industries Limited
P/E 48.99
EPS 96.09
Paramount Communications Limited
P/E 33.47
EPS 1.96
Birla Cable Limited
P/E 63.54
EPS 5.63
Sterlite Technologies Limited
P/E 708.38
EPS 1.15

Price to earnings, earnings per share and return on net worth, as the offer document reports them.

Who the issue is reserved for

QIB
50%
NII
15%
Retail
35%

Share of the issue set aside for each kind of investor.

Promoters and bankers

Promoters
Vipul Nagpal, Garima Nagpal, Vardaan Nagpal, Vipul Family Trust, and Garima Family Trust
Lead managers
IIFL Securities Limited, JM Financial Limited

Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.

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Frequently asked questions

What is the GMP of Orient Cables (India) IPO today?
The grey-market premium is ₹90, which points to a listing around ₹362 (+33.1% on the issue price). GMP is unofficial and doesn't guarantee a listing price.
How many times has Orient Cables (India) IPO been subscribed?
61.86× overall, with the retail portion at 18.52×, as of 19:00 IST on 29 September 2026, from NSE bid data.
When does Orient Cables (India) IPO open and close?
Bidding ran from 25 September 2026 to 29 September 2026.
What is the Orient Cables (India) IPO allotment date?
Allotment is out. You can check it by PAN now.
When will Orient Cables (India) IPO list?
It listed on 5 October 2026.
How did Orient Cables (India) IPO list against its GMP?
The last grey-market premium before listing was ₹90 on 1 October 2026, pointing to a listing around ₹362. It listed at ₹450, ₹88 above that estimate.
What is the lot size and minimum investment for Orient Cables (India) IPO?
One lot is 55 shares, so the minimum investment at the upper price of ₹272 is ₹14,960.
How do I check Orient Cables (India) IPO allotment status?
KFin Technologies has published the allotment. Use Check allotment on this page to check every PAN in your family in one go.
Orient Cables IPO listing price & allotment status