Orient Cables IPO
Cables • ₹552cr
High risk because:
- Low institutional interest (QIB 0.0x subscription)
- 5 material risk factors disclosed in DRHP
- High customer concentration flagged in the DRHP
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹258-272
Lot Size
55 shares
Issue Size
₹552cr
Open
25 Sept 2026
Close
29 Sept 2026
Subscription
5.51×
GMP +₹80 → est. ₹352
IPO Schedule
| Issue Open Date | 25 Sept 2026 |
| Issue Close Date | 29 Sept 2026 |
| Allotment Date | 30 Sept 2026 |
| Listing Date | 05 Oct 2026 |
About Orient Cables
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.
Company Details
Founders / Promoters
Mr Vipul Nagpal
Founded
2005
Registrar
KARVY
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Subscription Status
5.51×
Total Subscription
Grey Market Premium (GMP)
Issue Price
₹272
GMP
+₹80
Est. Listing
₹352
Est. Gain
+29.4%
GMP is unofficial grey market data — not regulated by SEBI. Use only as a sentiment indicator alongside subscription data. View all IPO GMP →
Investment Analysis
Orient Cables — IPOFins Verdict
QuantitativeDriven by QIB demand at 0.0x and elevated disclosed risk (9/10). The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
- 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.
Score breakdown — what drove this verdict
High risk from DRHP → score -1.6
Institutional subscription → score −1.5
Strong retail interest → score +0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
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FAQ
What is the price band of Orient Cables IPO?
The price band is ₹258-272 per share with a lot size of 55 shares. Minimum investment: ₹14,960.
What does Orient Cables do?
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.
Should I apply for Orient Cables IPO?
Orient Cables is drawing moderate interest at 5.5x overall subscription (QIB 0.0x, retail 6.3x). IPOFins Score 2/10: Driven by QIB demand at 0.0x and elevated disclosed risk (9/10). The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
Who founded Orient Cables?
Orient Cables was founded by Mr Vipul Nagpal in 2005.