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News Details

( As on 22/09/2026 20:50)

Orient Cables (I) announces launch of initial public offering

Orient Cables (India) Ltd. has announced public offering of 20294118 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 271.00 per share. The gross proceeds of the issue are expected to be Rs 55,200.00 lakhs.

The company's initial public offer (IPO) will open on 25 September 2026 and is expected to close on 29 September 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 258.00-272.00 per share.

The IPO includes a fresh Issue of 20294118 Equity Shares of the Company at an price of Rs 272.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 55 shares with bids in multiples of 55.

Orient Cables (India) Ltd. anticipates using the proceeds of the issue for .

JM Financial Limited,IIFL Capital Services Limited as lead manager(s) & KFin Technologies Ltd. is the registrar, to the issue.