Orient Cables IPO: GMP, subscription and allotment status

MainboardKFin TechnologiesOpens25 Sept

0grey-market premium

GMP
0
0.0%as of 22 Sept, 16:17 IST
Est. listing
272
0.0% on issue price
Price band
272
Lot
55 shares
Min. 14,960

Allotment

Expected 30 Sept.

Allotment ~30 Sept

Dates

2529 Sept · allot 30 · list 5 Oct

Refunds and shares in your demat account on 1 Oct.

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

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.

More Mainboard IPOs

Frequently asked questions

What is the GMP of Orient Cables IPO today?
The grey-market premium is ₹0, which points to a listing around ₹272 (0.0% on the issue price), as of 16:17 IST on 22 September 2026. GMP is unofficial and doesn't guarantee a listing price.
When does Orient Cables IPO open and close?
Bidding runs from 25 September 2026 to 29 September 2026.
What is the Orient Cables IPO allotment date?
Allotment is expected on 30 September 2026.
When will Orient Cables IPO list?
Listing is expected on 5 October 2026.
What is the lot size and minimum investment for Orient Cables 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 IPO allotment status?
KFin Technologies is the registrar. Once allotment is out, check it by PAN on the KFin Technologies website or right here.