Oswal Cables Limited has filed its Draft Red Herring Prospectus (DRHP) with market regulator SEBI. The Company plans to raise INR 500 crores through a mix of fresh issue and Offer for Sale (OFS) equity shares.

Oct 04, 2025

Oswal Cables Limited has filed its Draft Red Herring Prospectus (DRHP) with market regulator SEBI. The Company plans to raise INR 500 crores through a mix of fresh issue aggregating up to INR 300 crore and Offer for Sale (OFS) of up to 22,200,000 equity shares of face value of INR 5 each via IPO.

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The Company plans to utilize the net proceeds towards funding capital expenditure requirements for setting up a new project, repayment/pre-payment of debt, in part or full of certain borrowings availed by company; and for general corporate purposes.

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Oswal Cables is an integrated manufacturer of cables and conductors serving critical energy infrastructure across 28 countries. With a comprehensive portfolio of over 1,000 products across a voltage spectrum from low to extra-high voltage (up to 765 kV), Oswal Cables delivers solutions that power transmission networks, renewable energy projects, railways, and industrial operations worldwide.