Orient Cables Fixes Price Band to Raise INR 552 Crore through IPO - Wire & Cable India
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Orient Cables Fixes Price Band to Raise INR 552 Crore through IPO

Orient Cables has fixed the price band for its INR 552 crore IPO at INR 258–272 per share, with the issue scheduled to open on September 25, 2026. The offering comprises a fresh issue of INR 320 crore and an Offer for Sale (OFS) of INR 232 crore.

Sep 22, 2026

orient cable

Network cables and optical fibre manufacturer, Orient Cables India Limited has fixed the price band for its INR 552 crore IPO at INR 258–272 per share. The public issue is scheduled to open for subscription on September 25, 2026, and comprises a fresh issue of INR 320 crore and an OFS of INR 232 crore. The issue will remain open until September 29, while the anchor book is scheduled to open on September 24.

Also Read: Aditya Infotech, Orient Cables Sign JV to Manufacture Electric Cables

Of the fresh issue proceeds, around INR 91.5 crore is proposed for machinery, equipment and civil works at its manufacturing facilities, while INR 155.5 crore will be used for repayment of borrowings. The remaining proceeds will be utilised for general corporate purposes.

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