Orient Cables IPO is set to hit the market in 2025, giving investors an opportunity to subscribe to one of India’s leading cable and networking solutions companies. The IPO will open on and close on . It is a Book Built Issue, and the company aims to raise about ₹700 crores through a combination of a fresh issue of ₹320 crores and an offer for sale of equity shares with a face value of ₹1 each.
The Orient Cables IPO price band will be ₹ to ₹ per share. The allotment date is scheduled for , and the listing will take place on BSE and NSE on . The retail quota stands at 35%, QIB at 50%, and HNI at 15%.
As per the financials, Orient Cables reported revenue of ₹831.86 crores in 2025 compared to ₹664.98 crores in 2024. Profit also increased from ₹40.07 crores in 2024 to ₹53.29 crores in 2025. With consistent growth in revenue and profitability, many investors may consider this IPO for long-term prospects.
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Orient Cables IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | 2025 |
| IPO Close Date | 2025 |
| Face Value | ₹1 per equity share |
| IPO Price Band | ₹ to ₹ per share |
| Issue Size | Approx ₹700 Crores |
| Fresh Issue | Approx ₹320 Crores |
| Offer for Sale | Approx equity shares |
| Issue Type | Book Built Issue |
| Listing | BSE & NSE |
| DRHP | View PDF |
| RHP | View PDF |
- Also Read: Hero Fincorp IPO
Orient Cables IPO Review
The company has shown stable growth across revenue, profit, and market share. Being among the top five players in the networking cables segment with around 22% market share in India, Orient Cables has a strong position in fast-growing industries such as telecom, broadband, and data centres.
Considering the financial growth and industry outlook, long-term investors may find the IPO appealing.
Orient Cables IPO Market Lot
Below is the market lot structure for Orient Cables IPO:
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | – | – | ₹– |
| Retail Maximum | – | – | ₹– |
| S-HNI Minimum | – | – | ₹– |
| S-HNI Maximum | – | – | ₹– |
| B-HNI Minimum | – | – | ₹– |
IPO Reservation
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| Anchor Investor | – Shares | –% |
| QIB (Ex-Anchor) | – Shares | 50% |
| NII | – Shares | 15% |
| Retail | – Shares | 35% |
Orient Cables IPO Anchor Investors
| Particulars | Details |
|---|---|
| Anchor Bidding Date | 2025 |
| Anchor Investors List | View PDF |
| Shares Offered | Shares |
| Anchor Size | Cr. |
| Lock-in End (50% – 30 Days) | 2025 |
| Lock-in End (50% – 90 Days) | 2025 |
Orient Cables IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | 2025 |
| IPO Close Date | 2025 |
| Basis of Allotment | 2025 |
| Refunds | 2025 |
| Credit to Demat | 2025 |
| Listing Date | 2025 |
| Cut-off Time | 2025 – 5 PM |
Promoters & Shareholding
| Particulars | Shares | % Holding |
|---|---|---|
| Pre-Issue Promoter Holding | 10,20,35,000 | 100% |
| Post-Issue Promoter Holding | – | –% |
Objects of the Issue
The company plans to utilise the funds towards capital expenditure for purchasing machinery, equipment, and carrying out civil works at its manufacturing facilities.
A substantial portion will also be used for repayment or prepayment of certain borrowings availed by the company. The remaining amount will be allocated for general corporate purposes.
About Orient Cables
Orient Cables has been operating for around 20 years and is one of India’s leading manufacturers of networking cables and passive networking equipment. The company caters to industries such as telecom, broadband, data centres, renewable energy, smart buildings, security systems, automotive, and FMEG.
It offers a diverse range of products including networking cables and solutions, specialty power cables, optical fibre cables, and other allied products. With strategically located manufacturing facilities and a strong focus on innovation, Orient Cables ranks among the top five networking cable companies in India with a market share of around 22% in FY2025.
Orient Cables Company Financials (₹ in Crores)
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹546.09 | ₹511.22 | ₹25.96 | ₹236.58 |
| 2024 | ₹664.98 | ₹610.62 | ₹40.07 | ₹293.22 |
| 2025 | ₹831.86 | ₹760.15 | ₹53.29 | ₹427.19 |
Orient Cables IPO Valuation – FY2025
| KPI | Value |
|---|---|
| ROE | 34.58% |
| ROCE | 36.46% |
| EBITDA Margin | 10.17% |
| PAT Margin | 6.41% |
| Debt-to-Equity | 0.63 |
| EPS (Basic) | ₹5.22 |
| P/E Ratio | N/A |
| RoNW | 34.58% |
| NAV | ₹17.71 |
Peer Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| RR Kabel Ltd | 27.58 | 48.79 | 15.65% | 190.37 | – Cr. |
| Polycab India Ltd | 134.34 | 50.07 | 22.54% | 658.58 | – Cr. |
| Finolex Cables Ltd | 45.82 | 21.11 | 13.42% | 359.31 | – Cr. |
| Havells India Ltd | 23.49 | 65.49 | 18.63% | 133.04 | – Cr. |
| KEI Industries Ltd | 75.65 | 50.39 | 15.59% | 605.50 | – Cr. |
| Paramount Communications Ltd | 2.85 | 20.43 | 12.95% | 23.51 | – Cr. |
| Birla Cable Ltd | 1.63 | 110.17 | 1.94% | 84.42 | – Cr. |
| Sterlite Technologies Ltd | (2.54) | NA | (5.23)% | 40.79 | – Cr. |
IPO Lead Managers
IIFL Securities Limited
JM Financial Limited
Company Address
Orient Cables (India) Limited
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/
Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: orient.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Orient Cables IPO FAQs
What is Orient Cables IPO?
It is a Mainboard IPO through which the company aims to raise ₹700 crores. The price band will be ₹ to ₹ per equity share. The shares will list on BSE and NSE.
When will the IPO open?
The IPO will open on 2025 and close on 2025.
How to apply for the IPO?
You can apply through ASBA via your bank account or UPI through stockbrokers. Offline forms are also available.
What is the IPO issue size?
The issue size is ₹700 crores.
What is the IPO price band?
The price band is ₹ to ₹ per share.
What is the lot size?
The minimum bid size is shares with an investment amount of ₹.
What is the allotment date?
The allotment date is .
What is the listing date?
The listing date is , and the stock will list on BSE and NSE.
Expert Comment
Orient Cables operates in a sector that is deeply connected to India’s expanding digital and telecom infrastructure. With strong revenue growth, healthy margins, and a notable market share, the company enters the IPO market with solid fundamentals.
While valuations will depend on the final price band, the company’s long-term prospects in networking cables and fibre solutions appear favourable, especially as demand in broadband, data centres, and automation continues to rise.
