Orient Cables (India) Limited’s initial public offering (IPO) will open on Friday, September 25, 2026, and close on Tuesday, September 29, 2026. The bidding period for anchor investors will be September 24, 2026. The company has fixed a price band of ₹258 to ₹272 per equity share for the IPO. Each share has a face value of ₹1.
The company’s total IPO size is up to ₹552 crore. This includes a fresh issue of up to ₹320 crore and an offer for sale of up to ₹232 crore. Existing promoter shareholders will sell their shares under the OFS. These include Vipul Nagpal, Garima Nagpal, Vipul Family Trust, and Garima Family Trust.
Investors will be able to bid for a minimum of 55 equity shares and in multiples of 55 shares thereafter.
The company will use the net proceeds from the fresh issue for capital requirements relating to purchase of machinery, equipment and civil works at its manufacturing facilities, full or partial repayment/prepayment of certain existing debt and for general corporate purposes.
