Orient Cables India Share Price: Stock Lists at 65.44% Premium on NSE
- 5th October 2026
- 11:00 AM
- 4 min read
Summary
Orient Cables India shares listed on the National Stock Exchange (NSE) at ₹450 on 5 October 2026, a premium of 65.44% over the initial public offering (IPO) price of ₹272. On the Bombay Stock Exchange (BSE), the stock listed at ₹448.10, a 64.74% premium. By 10:47 a.m., it traded at ₹405 on the NSE, 48.90% above the issue price.Mumbai | 5 October 2026
Shares of Orient Cables (India) Limited, a maker of networking cables and passive networking equipment, made their stock market debut on Monday, 5 October 2026. The ₹552 crore IPO was open for bidding from 25 to 29 September 2026, and the company finalised the allotment on 30 September 2026.
What Was the Orient Cables India Listing Price on NSE and BSE?
Orient Cables India shares listed above the issue price of ₹272 on both the NSE and the BSE. The table below shows the listing price and premium on each exchange. After listing, the company’s market capitalisation, or the total value of all its shares, stood at ₹5,099.36 crore.
| Detail | NSE | BSE |
| Listing price | ₹450 | ₹448.10 |
| Listing premium | 65.44% | 64.74% |
How Has the Orient Cables India Share Price Moved Since Listing?
Orient Cables India shares traded at ₹405 on the NSE at 10:47 a.m., below the listing price of ₹450 but 48.90% above the issue price. On the BSE, the stock traded at ₹403.30 at 11:18 a.m. On both exchanges, the price stood at the day’s low.
| Detail (5 October 2026) | NSE (10:47 a.m.) | BSE (11:18 a.m.) |
| Share price | ₹405.00 | ₹403.30 |
| Change from issue price | Up ₹133.00 (48.90%) | Up ₹131.30 (48.27%) |
| Day high | ₹464.85 | ₹465.30 |
| Day low | ₹405.00 | ₹403.30 |
| Volume | 1,34,30,434 | 19,30,498 |
How Did the Orient Cables India Listing Compare With the GMP?
The grey market premium (GMP) is the amount above the issue price at which IPO shares trade informally before they list. The last GMP before listing stood at ₹121 on 5 October 2026. This indicated an estimated listing price of ₹393, a premium of 44.49% over the issue price. The stock listed at ₹450 on the NSE, above the level the GMP had indicated.
GMP is an unofficial, informal indicator and does not guarantee the actual listing price or future performance of the stock.
How Was the Orient Cables India IPO Subscribed?
The Orient Cables India IPO was subscribed 97.28x overall when bidding closed on 29 September 2026. Qualified institutional buyers (QIBs) led demand at 192.68x. On 24 September 2026, the company raised ₹165.60 crore from anchor investors (institutions that buy shares early at a fixed price).
| Category | Day 1 (25 September) | Day 2 (28 September) | Day 3 (29 September) |
| QIBs, excluding anchor investors | 0.01x | 0.06x | 192.68x |
| Non-institutional investors (NIIs) | 3.67x | 18.31x | 121.90x |
| NIIs, bids above ₹10 lakh | 2.69x | 15.08x | 129.86x |
| NIIs, bids up to ₹10 lakh | 5.61x | 24.77x | 105.99x |
| Retail investors | 2.56x | 9.66x | 32.21x |
| Overall | 2.07x | 8.77x | 97.28x |
Anchor investors cannot sell 50% of their shares until 29 October 2026, and the remaining shares until 28 December 2026.
What Does Orient Cables India Do?
Orient Cables India, incorporated in September 2005, makes networking cables and passive networking equipment. It serves broadband, telecommunications, data centres, renewable energy, smart building automation and security, system integration, fast-moving electrical goods (FMEG) and automotive businesses.
Its products include networking cables, patch cords, power cables and optical fibre cables. It has also expanded into solar junction boxes, cable harnesses and electric vehicle (EV) charging cables.
What Do the Orient Cables India Financials Show?
At the issue price of ₹272, the price-to-earnings (P/E) ratio of Orient Cables India stood at 51.81x, based on earnings before the IPO. Its return on net worth (RoNW) was 25.84% as of 31 March 2026.
| Metric | 31 March 2026 |
| RoNW | 25.84% |
| Debt-to-equity | 0.94 |
| Profit after tax (PAT) margin | 4.55% |
| Earnings before interest, tax, depreciation and amortisation (EBITDA) margin | 8.23% |
What Are the Key Details of the Orient Cables India IPO?
The ₹552 crore IPO combined a fresh issue of 1,17,64,705 new shares worth ₹320 crore with an offer for sale (OFS) of 85,29,409 existing shares worth ₹232 crore by promoters. The company will use ₹155.50 crore of the proceeds to repay or prepay certain borrowings, ₹91.50 crore for machinery, equipment and civil works at its manufacturing facilities, and ₹48.34 crore for general corporate purposes.
| Detail | Information |
| Price band | ₹258 to ₹272 per share |
| Face value | ₹1 per share |
| Lot size | 55 shares |
| Minimum retail investment | ₹14,960 (one lot at ₹272) |
| Market capitalisation at issue price | ₹3,095.35 crore |
| Promoter holding | 98.38% before the IPO, 80.71% after |
| NSE symbol / BSE code | ORIENTCABL / 544960 |
| Book-running lead manager | IIFL Capital Services Limited |
| Registrar | KFin Technologies Limited |
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