Orient Cables IPO: Everything You Need to Know Before You Apply

By Kaushik Brahmakshatriya

Published on 26 September 2026.

Orient Cables IPO

The IPO market is getting busy again, and Orient Cables IPO is one of the issues that has started catching investors’ attention. September has already been packed with new IPOs, so there’s no shortage of options for investors to look at. What makes Orient Cables interesting is its long presence in the networking cable and equipment business, with the company having built its operations over nearly two decades. In this guide, we’ll take a simple look at the IPO details, important dates, price band, GMP, and other key points you should know before deciding whether to apply.

What Is Orient Cables (India) Limited?

Orient Cables (India) Limited was incorporated back in September 2005, and since then it’s carved out a solid niche manufacturing networking cables and passive networking equipment. Its products serve a surprisingly wide range of industries — broadband, telecom, data centres, renewable energy, smart building automation, security systems, and even automotive. That’s a pretty diverse client base for a company most retail investors probably haven’t heard of before this IPO announcement

Orient Cables IPO Dates, Price Band and Lot Size

Here’s the part everyone actually scrolls down for — the numbers. The Orient Cables IPO opened for subscription on September 25, 2026, and will close on September 29, 2026. It’s a mainboard book-built issue worth ₹552 crore in total, split between a fresh issue of ₹320 crore and an offer for sale worth ₹232 crore.

Day 1 subscription data

Day 1 subscription data for the Orient Cables IPO wasn’t fully published yet at the time of writing, since exchanges typically update final Day-1 numbers by evening. Early bidding trends showed retail interest picking up steadily, while QIB participation, as usual, stayed muted on the opening day.

GMP and What It Actually Means for You

Now let’s talk grey market premium, because everyone loves asking about it. As of the latest tracking, GMP figures for the Orient Cables IPO have been swinging quite a bit — reported anywhere between ₹34 and ₹70 depending on the source and time of day. That’s a wide range, and honestly, that’s exactly why GMP shouldn’t be your main decision-making tool.Here’s the honest truth:

GMP is an unofficial, unregulated number that traders quote outside the exchanges. SEBI, BSE, and NSE don’t recognize it, and it can flip within hours based on pure sentiment. A high GMP today doesn’t guarantee listing gains tomorrow. If you’re serious about this investment, spend more time reading the company’s financials, its use-of-funds plan, and the risk factors in the RHP than obsessing over GMP charts.

Frequently Asked Questions (FAQ)

Q1: When does the Orient Cables IPO open and close?

It opens on September 25, 2026, and closes on September 29, 2026.

Q2: What is the price band?

The price band is fixed between ₹258 and ₹272 per equity share.

Q3: What is the minimum lot size?

One lot consists of 55 shares, requiring a minimum investment of around ₹14,960 at the upper price band.

Q4: When will the shares list?

Shares are expected to list on both BSE and NSE on October 5, 2026.

Q5: Is GMP a reliable indicator?

No. GMP is informal and unregulated — treat it as sentiment, not a guarantee.

Final Thoughts

At the end of the day, the Orient Cables IPO is an interesting bet on India’s networking infrastructure boom, backed by a company with real manufacturing experience. But like every IPO, it comes with its own risks and valuation questions. Don’t let GMP hype push your decision — read the RHP, understand the business, and invest only what you’re comfortable holding through market ups and downs.

Disclaimer :

This content is for informational purposes only and should not be considered investment advice. IPO details, GMP figures, and subscription numbers are subject to change. Please verify all information from the official RHP and consult a certified financial advisor before making any investment decisions.