Orient Cables (India) Share Price: Stock Lists at ₹450.00 With a 65.44% Premium on NSE

On October 5, 2026, Orient Cables (India) Limited shares made their market debut on the stock exchanges. 

The stock listed at ₹450.00 on the National Stock Exchange (NSE), reflecting a 65.44% premium over its IPO issue price of ₹272.00 per share. 

While on BSE it listed at ₹448.10 with a 64.74% premium over its IPO issue price of ₹272.00 per share. 

Orient Cables (India) IPO Overview 

Orient Cables (India) IPO is a book build issue of ₹552.00 crore. The issue is a combination of a fresh issue of 1.18 crore shares aggregating to ₹320.00 crore and an offer for sale of 85.29 lakh shares aggregating to ₹232.00 crore. 

The bidding opened for subscription on September 25, 2026, and closed on September 29, 2026. The allotment is expected to be finalised on September 30, 2026, with a tentative listing date fixed as October 5, 2026, on the NSE and BSE. 

The final issue price is set at ₹272 per share, with a minimum lot size of 55 shares requiring a retail investment of ₹14,960. IIFL Capital Services Limited and JM Financial Limited are the book running lead managers and Kfin Technologies Limited is the registrar. 

Orient Cables (India) IPO subscribed 97.28 times. 

Business Overview of Orient Cables (India) 

Incorporated in September 2005, Orient Cables (India) Limited is a manufacturer of networking cables and passive networking equipment. 

The company has nearly two decades of experience in the networking cables and passive networking equipment industry and caters to industries including broadband, telecommunications, data centres, renewable energy, smart building automation and security, system integration, FMEG and automotive. 

Its product portfolio includes CAT5, CAT5e, CAT6 and CAT6A networking cables, patch cords, CCTV and coaxial cables, instrumentation and control cables, power cables, optical fibre cables, fibre patch cords, keystone jacks, power strips and power cords. 

Financial Overview of Orient Cables (India) 

For the period ended June 30, 2026, Orient Cables (India) reported a total income of ₹490.94 crore and a profit after tax of ₹32.78 crore. 

This compares with a total income of ₹1,181.67 crore and a profit after tax of ₹53.56 crore for the financial year ended March 31, 2026. 

Total assets stood at ₹743.19 crore, with a net worth of ₹268.76 crore and an EBITDA of ₹54.89 crore as of June 30, 2026. 

Objective of Orient Cables (India) IPO 

The net proceeds from the initial public offering are proposed to be utilised towards capital expenditure for procuring machinery and equipment at the Manufacturing facilities, amounting to ₹91.50 crore. 

Additionally, ₹155.50 crore will be used for re-payment or pre-payment of certain borrowings. 

A further ₹42.53 crore will be used for issue Expenses. 

A further ₹48.34 crore will be earmarked for general corporate purposes. 

Read More: Moneyview Share Price: Stock Lists at ₹55.61 With a 63.56% Premium on BSE! 

Orient Cables (India) Share Price Performance 

As of October 5, 2026, at 10:02 AM, Orient Cables (India) share price on NSE was trading at ₹413.60, up by 52.06% from the IPO issue price of ₹272. 

Conclusion 

Orient Cables (India) equity shares opened at ₹450.00 on the NSE, a 65.44% premium over the IPO issue price of ₹272.00, driven by strong market demand during its debut session. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal investment advice or a recommendation to buy, sell or hold any security. Investors should conduct their own research and consult a SEBI-registered investment adviser before making investment decisions. 

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.