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graph-market IPO

Orient Cables (India) Ltd

Registered Office: House No.8 BLK-D 2nd Flr,Ashok Vihar PH-1, New Delhi - 110052, Delhi, India.
Phone : +91 1493294094   Fax:
Email :  compliance@orientcables.in  
Website :  www.orientcables.in

Initial public offering of 20,294,114 equity shares of face value of Re. 1 each ("Equity Shares") of Orient Cables (India) Limited (the "Company" or the "Issuer") for cash at a price of Rs. 272 per equity share ("Offer Price") aggregating to Rs. 552.00 Crores (the "Offer"). The offer comprises of a fresh issue of up to 11,764,705 equity shares by the company aggregating to Rs. 320.00 Crores (the "Fresh Issue") and an offer for sale of 8,529,409 equity shares (the "Offered Shares") aggregating to Rs. 232.00 Crores (the "Offer for Sale"), comprising to 2,470,588 equity shares aggregating to Rs. 67.2 Crores by Vipul Nagpal, 577,205 equity shares aggregating to Rs. 15.7 crores by Garima Nagpal, 1,911,764 equity shares aggregating up to Rs. 52 Crores by Vipul Family Trust and 3,569,852 equity shares aggregating to Rs. 97.1 Crores by Garima Family Trust (the "Promoter Selling Shareholders"). The offer shall constitute 17.83% of the post-offer paid-up equity share capital of the company. The company, in consultation with the brlms, may consider an issue of specified securities as may be permitted under applicable law, to any person(s), aggregating up to Rs. 64.00 crores, at its discretion, prior to filing of the ("pre-ipo placement"). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. if the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended. the pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken). Price Band: Rs. 272 per equity share of face value of Rs. 1 each. The floor price is 272 times of the face value of the equity shares. Bids can be made for a minimum of 55 equity shares of face value of Rs. 1 each and in multiples of 55 equity shares of face value of Rs. 1 each thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
25-Sep-26 29-Sep-26 272.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 55   Further Multiples of : 55
  Rs Cr Lead Managers to the Issue
Project Cost 295.34 IIFL Capital Services Limited
Project Financed through Current Offer 552.00  
Post Issue Equity Share Capital 11.38  
Issue Price 272.00  

Projects

  • Funding of capital expenditure requirements of our Company towards purchase of machinery, equipment and civil works at our Manufacturing Facilities
  • Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company
  • General Corporate Purposes

Promoted By

Vipul Nagpal

Garima Nagpal

Vardaan Nagpal

Listing At

BSE

NSE

Registrar to the Issue

KFin Technologies Ltd

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