Gurugram-based Orient Cables has filed draft papers with SEBI for an INR 700 crore IPO to fuel growth and reduce debt.
Jul 11, 2025
Gurugram-based Orient Cables India has filed preliminary papers with the SEBI to raise funds up to INR 700 crore via initial share sale.
Watch: Top Cable Companies in India
The IPO comprises a fresh issue of INR 320 crore and an offer-for-sale of INR 380 crore. Additionally, a pre-IPO placement of INR 64 crore may be considered. Of the fresh issue proceeds, INR 91.5 crore will be used for machinery, equipment, and civil works, while INR 155.5 crore will go toward debt reduction.
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Orient Cables, holding a 22% market share, is among India’s top five networking cable players, serving sectors like telecom, broadband, data centres, smart automation, and renewable energy.
