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ORIENTCABLMAINBOARDLISTEDNSE

Orient Cables (India) Limited

Capital Goods & Infrastructure • Total Issue: ₹552 Cr

Grey Market Premium
+₹73.93(+27.18%)
Indicative Listing: ₹345.93
Source: IPOAlerts • Updated 29/9/2026
Price Band & Minimums
Offer Price Band
₹258.00 - ₹272.00
Lot Size
55 shares
Min Investment
₹14,960
Subscription Status
92.27x
Oversubscribed
Final cumulative subscription
Estimated Listing Gain
+27.18%
Indicative listing: ₹345.93
Calculated from unofficial GMP, not an actual listing-day return.

Category-Wise Subscription Breakdown

Final cumulative subscription · Overall 92.27x

QIB
182.76x
Offered: 42,79,069
Bid: 78,20,53,085
NII
115.63x
Offered: 32,09,302
Bid: 37,10,91,875
Retail
30.55x
Offered: 74,88,372
Bid: 22,87,53,745
Employee
0.00x
Final bids
Total
92.27x
Offered: 1,49,76,743
Bid: 1,38,18,98,705

Valuation Multiples & Key Ratios

P/E Ratio
24.80x
Market Cap
₹1450.00 Cr
EPS
₹10.97
RoNW
19.80%
NAV / Share
₹64.76
P/B Ratio
4.20x
NSE Market Pulse ResearchSector Climate: PREMIUM

Sector Valuation Anchors & Multiples

Comparing Orient Cables (India) Limited asking multiples against official 10-year historical sector norms for Capital Goods & Infrastructure.

View Source Report
Price to Earnings (P/E)
IPO Asking P/E:24.80x
Sector Current P/E:34.60x
10-Yr Historical Mean:28.20x
-12.1% discount vs 10Y mean
Asset & Earnings Ratios
IPO Asking P/B:4.20x
Sector P/B Ratio:4.20x
Sector YoY Earnings Growth:+21.50%
Sector Dividend Yield:0.85%
Institutional Net Flows
FII Net Flow (Monthly):₹2190.00 Cr
NSE Commentary:

“Robust sovereign capital outlay and multi-year order backlogs support elevated multiples.”

Educational Context Only: Official benchmarks published by NSE Economic Policy & Research — Market Pulse. Valuations provide macro reference and do not constitute investment advice.
Sector ID: INFRASTRUCTURE

Grey Market Premium (GMP) History

Real-time multi-observation premium trend line and daily price movements.

Latest GMP
+₹73.93
Peak GMP
+₹96.55
Observations
7 points
29 Sept:+₹73.93Est Gain: +27.2%
₹111₹83₹56₹28₹023 Sept24 Sept25 Sept26 Sept27 Sept28 Sept29 Sept
Historical Daily Observations (7)
23 Sept
+₹43.11
24 Sept
+₹65.68
25 Sept
+₹96.55
26 Sept
+₹83.80
27 Sept
+₹89.58
28 Sept
+₹80.40
29 Sept
+₹73.93

IPO Timeline & Schedule

Bidding Opens
2026-09-25
Bidding Closes
2026-09-29
Allotment Date
2026-09-30
Refunds Init
2026-10-01
Demat Credit
2026-10-01
Listing Date
2026-10-05
Official IPO Registrar

KFin Technologies Limited

Check Allotment on Registrar Portal

About Orient Cables (India) Limited

Orient Cables is a manufacturer and exporter of networking cables, optical fibre cables, and passive networking infrastructure components. The company produces a wide range of products including E-beam irradiated specialty cables, keystone jacks, power cords, and control cables across its three manufacturing facilities, with two located in Rajasthan and one in Karnataka. The core business generates revenue primarily from the business-to-business sale of networking cables and solutions to domestic and international markets, including the Middle East, North America, and various other countries. Orient Cables procures raw materials such as copper, polyvinyl chloride compounds, high-density polyethylene, and masterbatches from third-party suppliers to produce its goods. The company operates multiple production units to maintain capacity for its networking and allied products, aiming to serve as a comprehensive provider of passive cable ecosystem components for telecommunications, automotive, and other end-user industries.

Key Business Strengths

  • Three strategic manufacturing units across Rajasthan and Karnataka.
  • Diversified passive networking and specialty cable product portfolio.
  • Established global and domestic quality certifications (BIS, UL, CE).
  • Broad market reach across India and export destinations like the Middle East.
  • Early mover advantage in organized domestic keystone jack manufacturing.

Key Risks & Challenges

  • High supplier concentration without long-term supply agreements.
  • Top 10 customers account for over 84% of total revenue.
  • Uncertain market acceptance for planned new product line expansions.
  • Foreign anti-dumping duties and tariffs may reduce export competitiveness.
  • Recent negative operating cash flows due to high working capital needs.

Transparency & Informational Notice

Grey Market Premium (GMP) is unofficial, unregulated market pricing gathered from market participants and brokers. It is provided for educational and observation purposes only and does not represent guaranteed listing price or investment advice.