- PhonePe Invest
- 7 min read
- 23 Sep 2026
Orient Cables IPO allotment is scheduled for Wednesday, 30 September 2026. This guide explains when allotment should be visible, where to check it, and what happens after allotment. Orient Cables (India) Limited’s ₹552 crore mainboard IPO closed for bidding on 29 September 2026, and the basis of allotment is expected to be finalised the next working day. Investors can check whether they have been allotted shares through the registrar, KFin Technologies Limited, or through the BSE and NSE websites, ahead of the stock’s listing on 5 October 2026.
Key Takeaways
- Allotment date: The basis of allotment for Orient Cables IPO is expected to be finalised on Wednesday, 30 September 2026, one working day after the issue closes.
- Listing date: Orient Cables shares are scheduled to list on BSE and NSE on Monday, 5 October 2026, rather than the usual T+3 slot, because Friday, 2 October 2026 is a trading holiday for Gandhi Jayanti and 3–4 October fall on a weekend.
- Price band and lot size: The price band is ₹258 to ₹272 per share, with a retail lot of 55 shares, so the minimum retail investment is ₹14,960.
- Issue structure: The ₹552 crore issue comprises a ₹320 crore fresh issue and a ₹232 crore offer for sale by the company’s promoters.
- Where to check status: Allotment status can be checked on the registrar KFin Technologies’ portal, or via the BSE and NSE allotment-status pages, using the application number or PAN.
- Use of proceeds: Fresh issue funds go toward capital expenditure and debt repayment at Orient Cables; offer-for-sale proceeds go entirely to the selling promoters, not to the company.
Orient Cables IPO: Key Details at a Glance
| IPO Name | Orient Cables (India) Limited IPO |
| Issue Type | Mainboard – Book Built Issue |
| Listing At | BSE and NSE |
| Price Band | ₹258 to ₹272 per equity share |
| Face Value | ₹1 per equity share |
| Lot Size | 55 shares |
| Minimum Retail Investment | ₹14,960 (55 shares × ₹272) |
| Issue Size | ₹552.00 crore total (2,02,94,114 shares) — Fresh Issue of ₹320.00 crore (1,17,64,705 shares) + Offer for Sale of ₹232.00 crore (85,29,409 shares) |
| Offer for Sale By | Promoters — Vipul Nagpal, Garima Nagpal, Vipul Family Trust and Garima Family Trust |
| Lead Managers | IIFL Capital Services Limited and JM Financial Limited |
| Registrar | KFin Technologies Limited |
What is the Orient Cables IPO Timeline?
| Anchor Investor Bidding Date | Thursday, 24 September 2026 |
| IPO Opens | Friday, 25 September 2026 |
| IPO Closes | Tuesday, 29 September 2026 |
| Basis of Allotment Finalisation | Wednesday, 30 September 2026 |
| Refund Initiation / Credit of Shares to Demat | Thursday, 1 October 2026 |
| Listing Date | Monday, 5 October 2026 |
When Will Orient Cables IPO Allotment Be Out?
Orient Cables IPO closes for bidding on Tuesday, 29 September 2026. Following SEBI’s standard timeline, the registrar and stock exchanges finalise the basis of allotment one working day later, on Wednesday, 30 September 2026. Once allotment is finalised, refunds are initiated, and shares are credited to successful applicants’ demat accounts by Thursday, 1 October 2026. Listing would normally follow on the next working day, but Friday, 2 October 2026 is a trading holiday on account of Gandhi Jayanti, and 3–4 October fall on a weekend. As a result, Orient Cables shares are scheduled to debut on BSE and NSE on Monday, 5 October 2026.
How to Check Orient Cables IPO Allotment Status
Method 1: Via KFin Technologies Limited (Registrar)
KFin Technologies Limited is the official registrar for this IPO and the fastest source for allotment data, since it manages the process directly.
- Visit the KFin Technologies Limited IPO allotment status page.
- Select “Orient Cables (India) Limited” from the company dropdown.
- Choose your verification method — PAN, Application Number, or DP/Client ID.
- Enter the details and submit to view your allotment status.
Method 2: Via BSE
- Visit the BSE Application Status Check page.
- Select “Orient Cables (India) Limited” as the issue name.
- Enter your Application Number and PAN.
- Submit to view your status. Data stays available on BSE for about a week after issue closure.
Method 3: Via NSE
- Visit NSE’s bid verification page.
- Complete one-time registration with your PAN if you haven’t already.
- Select “Orient Cables (India) Limited” and view your application status.
How is the Basis of Allotment Decided?
The basis of allotment follows SEBI’s standard framework and is the same across mainboard IPOs, including Orient Cables. In the retail category, if the issue is oversubscribed, allotment is done through a computerised lottery (draw of lots), so each successful applicant gets at least one full lot rather than a partial allocation. In the NII and QIB categories, allotment is proportionate to the shares bid for, subject to the rounding rules the registrar applies when a category is oversubscribed.
What Happens If You’re Not Allotted Shares?
If you are not allotted shares in the Orient Cables IPO, the amount blocked under ASBA in your bank account is automatically unblocked, and no separate refund request is needed. For UPI-based applications, the blocked amount is released back to your UPI-linked bank account on the same timeline. Allotment for the retail category is done through a computerised lottery when the issue is oversubscribed, so not every applicant is guaranteed shares; non-institutional and qualified institutional bidders are allotted on a proportionate basis. Investors can track the status of their refund or unblock directly with their bank or via the registrar’s allotment-status page.
What Will Orient Cables Do With the IPO Proceeds?
Of the ₹320 crore fresh issue, Orient Cables intends to use approximately ₹91.50 crore for capital expenditure, covering machinery, equipment and civil works at its manufacturing facilities, and approximately ₹155.50 crore to repay or prepay a portion of its outstanding borrowings, with the remainder set aside for general corporate purposes. The ₹232 crore offer-for-sale component is a separate transaction: those proceeds go entirely to the selling promoters, Vipul Nagpal, Garima Nagpal, Vipul Family Trust and Garima Family Trust, and not to Orient Cables itself, since an OFS involves existing shareholders selling their own shares rather than the company issuing new ones.
About Orient Cables (India) Limited
Orient Cables (India) Limited was incorporated in September 2005 and is headquartered in New Delhi, with a corporate office in Gurugram. The company manufactures networking cables and passive networking equipment across three broad segments — networking cables and solutions, speciality power and optical fibre cables, and other allied products such as coaxial, telecommunication and solar DC cables, and has more recently added EV-charging cables to its portfolio. It counts itself among India’s top five networking cable manufacturers by revenue, with an estimated market share of around 22% in FY2025, serving customers in broadband, telecom, data centres, renewable energy, automotive and smart-building automation.
Manufacturing is based out of Bhiwadi, Rajasthan, where the company operates two facilities with a third under development, alongside an additional plant in Bangalore. Ahead of the IPO, the company was wholly owned by its promoter group, Vipul Nagpal, Garima Nagpal, Vardaan Nagpal, and the Vipul Family Trust and Garima Family Trust, whose combined holding will fall to approximately 82.17% after the issue.
FAQs
The basis of allotment for Orient Cables IPO is expected to be finalised on Wednesday, 30 September 2026, one working day after the issue’s 29 September closing date.
You can check allotment status on the registrar KFin Technologies’ website, or through the allotment-status pages on the BSE and NSE websites, using your application number, PAN or DP/Client ID.
The price band is set at ₹258 to ₹272 per equity share of ₹1 face value each.
The minimum lot size is 55 shares. At the upper price band of ₹272, this works out to a minimum retail investment of ₹14,960.
The IPO aggregates ₹552.00 crore, comprising a fresh issue of ₹320.00 crore and an offer for sale of ₹232.00 crore.
The offer for sale is entirely by the company’s promoters — Vipul Nagpal, Garima Nagpal, Vipul Family Trust and Garima Family Trust.
Shares are expected to be credited to successful applicants’ demat accounts by Thursday, 1 October 2026, along with the initiation of refunds for unsuccessful applicants.
Orient Cables is scheduled to list on both BSE and NSE on Monday, 5 October 2026.
If you are not allotted shares, the amount blocked in your bank account under ASBA or UPI is automatically released; no manual refund request is required.
The ₹320 crore fresh-issue proceeds will fund capital expenditure at its manufacturing facilities (~₹91.50 crore), debt repayment (~₹155.50 crore) and general corporate purposes. The ₹232 crore offer-for-sale proceeds go to the selling promoters, not to the company.


