Orient Cables (India) Limited shall open its Bid / Offer in relation to its initial public offer of Equity Shares on Friday, September 25, 2026, and close on Tuesday, September 29, 2026. The Anchor Investor Bid/ Offer Period shall be Thursday, September 24, 2026. The Price Band is fixed at ₹258 to ₹272 per equity share of face value of ₹1 each.
- Issue Opens: September 25, 2026
- Issue Closes: September 29, 2026
- Face Value: Rs 1
- Price Band: Rs 258 – 272 per share
- Minimum Bid Lot: 55 Equity Shares
- Listing: BSE & NSE
The Offer comprises a fresh issue of such number of Equity Shares (face value ₹ 1 each) by the Company aggregating up to ₹ 3,200.00 million and an offer for sale of up to ₹ 2,320.00 million by certain existing shareholders. The total offer size is aggregating up to ₹ 5,520.00 million.
The Offered Shares of face value of ₹ 1 each aggregating up to ₹ 2,320.00 million, comprising of ₹ 672.00 million by Vipul Nagpal, up to ₹ 157.00 million by Garima Nagpal, up to ₹ 520.00 million by Vipul Family Trust and up to ₹ 971.00 million by Garima Family Trust.
The Company proposes to utilise net proceeds from Fresh Issue of Equity Shares, estimated at ₹3,200.00 million towards (i) funding of capital expenditure requirements of the Company towards purchase of machinery, equipment and civil works at its Manufacturing Facilities; (ii) Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company. The Equity Shares are proposed to be listed on BSE and NSE.
