Institutional Alpha Dossier
Loading Alpha Data...
MAINBOARD
SYNCING
GMP: ₹-
Est. Listing: Calculating...
01
Bidding Opens
-
Issue Open
02
Bidding Closes
-
Closing Date
03
Basis of Allotment
-
Registrar Finalization
04
Exchange Listing
-
Secondary Debut
Issue Price Valuation
₹-
Upper Cap Price
Price Band Cap:
Book Built / Fixed
Lot Size & Retail Matrix
- Shares
Minimum Market Lot
Min Capital:
₹-
Application Size:
-
Quant Grade & Moat Score
Proprietary Multi-Factor Moat Model
Synthesizing institutional thesis...
💼 MINIMUM INVESTMENT
Capital Matrix
Retail (Min Lot)
Up to ₹2 Lakhs Category
₹14960
HNI (Min Lot)
sNII / High Net-Worth Tier
₹209440
HNI Capital Multiple:
Institutional Lot Sizing
🍩 RESERVATION QUOTA (%)
Issue Allocation
100%
Total Issue
Anchor
30%
Market Maker
0%
QIB
20%
NII / HNI
15%
Retail
35%
Institutional Corporate Dossier
Orient
COMPANY PROFILE & DNA
Incorporation / Founded
15-09-2005
Active Vintage
Corporate Headquarters
New Delhi, Delhi
Registered Hub
👔 Leadership & Promoter Group
Key Management
Vipul Nagpal, Garima Nagpal, Vardaan Nagpal, Vipul Family Trust, Garima Family Trust
⚙️ Business Overview & Portfolio
Core Offerings
Manufacturing networking cables and passive networking equipment for high-growth industries.
🎯 Target Market & End-Use
Revenue Drivers
Tethered drones draw power from ground stations for prolonged aerial presence.
🛡️
★ Unique Selling Proposition (Core Economic Moat)
Leading specialty cable manufacturer in India with diverse products and high entry barriers.
Objects of the Issue (Use of Proceeds & Allocation)
🎯 Objective 01
Funding capital expenditure for machinery, equipment, and civil works.
₹ 91.50 Cr
Allocation
🎯 Objective 02
Repayment or prepayment of outstanding borrowings.
₹ 155.50 Cr
Allocation
🎯 Objective 03
General corporate purposes.
₹ 80.00 Cr
Allocation
🎯 Objective 04
Not Mentioned
Not Mentioned
Allocation
Financial Performance & Multi-Year Trajectory
All Figures in ₹ Crores
Latest Total Income📊
₹-
Top-Line
EBITDA Margin⚡
-%
Operating
Net Profit (PAT) Margin📈
-%
Bottom-Line
Debt / Net Worth🛡️
-x
Leverage
📊 Income, EBITDA & Profit Growth Trajectory
Income
EBITDA
PAT Trend
🏛️ Balance Sheet: Net Worth vs Debt
Net Worth
Borrowing
| Particulars | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Total Income | 1171.65 | 824.96 | 657.77 | 0.00 |
| EBITDA | 72.60 | 71.71 | 54.36 | 0.00 |
| Profit After Tax (PAT) | 53.56 | 53.32 | 40.07 | 0.00 |
| Net Worth | 235.84 | 180.70 | 127.54 | 0.00 |
| Total Borrowing | 343.85 | 113.45 | 36.73 | 0.00 |
Growth Engine & Compounding Velocity (KPIs)
Multi-Year Trajectory
824.96
₹ Cr
YoY Growth
25.42%
3-Year CAGR
0.00%
71.71
₹ Cr
YoY Growth
31.92%
3-Year CAGR
0.00%
53.32
₹ Cr
YoY Growth
33.07%
3-Year CAGR
0.00%
Capital Efficiency & Return Ratios (ROE vs ROCE)
Capital Allocation Audit
◈ ROE (Return on Equity)
Calculating...
-%
Current ROE
◈ ROCE (Capital Employed)
Calculating...
-%
Current ROCE
| MetricMetric | Current (%)Curr% | Last Year (%)Last% | 3-Yr Avg (%)3Y Avg | Trend StatusTrend |
|---|---|---|---|---|
| ROE (Return on Equity)ROE | 29.51% | 31.42% | 20.31% | Fluctuating |
| ROCE (Capital Employed)ROCE | 24.38% | 33.09% | 19.16% | Fluctuating |
Forensic Analysis & Reality Check
Earnings Quality & Dilution Audit
-0.16
CFO / EBITDA
Cash Flow Conversion Efficiency
Checking...
Analyzing operating cash flow conversion...
| Parameter | Pre-IPO | Post-IPO | View |
|---|---|---|---|
| Debt / Equity | 0.63 | 0.38 | Low |
| EPS (₹) | ₹ 0.16 | ₹ 0.40 | Accretive |
| ROE (%) | 29.51% | 10.65% | Bad |
| ROCE (%) | 24.38% | 8.49% | Bad |
| P/E (Valuation) | 1684.43x | 684.92x | Reasonable |
⏳ Debtor Days Trend (Receivables Cycle)
Analyzing...
FY23
FY24
FY25
Lower receivable days indicate faster cash collection from clients.
⚠️ Contingent Liabilities
Off-Balance Sheet
₹ 137.44 Cr
*Potential hidden obligations & legal/tax claims
Peer Comparison Analysis & Competitive Matrix
Industry Benchmarking
| Company NameComp | Revenue (Cr)Rev | P/E RatioP/E | ROCE (%)ROCE | ROE (%)ROE | OPM (%)OPM |
|---|---|---|---|---|---|
| Orient Cables IPO CANDIDATE | 824.96 | 684.92 (Ask) | 24.38% | 10.65% (Post Issue) | 8.69% |
| Orient Cables (India) Limited | ₹ 1171.654 Cr | Not Available | 23.82% | 25.84% | 8.23% |
| RR Kabel Limited | ₹ 9722.359 Cr | 54.85 | 25.80% | 20.83% | 7.90% |
| Polycab India Limited | ₹ 28883.792 Cr | 46.69 | 31.32% | 24.58% | 13.87% |
| Finolex Cables Limited | ₹ 6321.010 Cr | 26.29 | 13.60% | 13.70% | 11.30% |
| KEI Industries Limited | ₹ 11747.765 Cr | 48.99 | 23.53% | 14.75% | 11.81% |
▲ Positive Catalysts (Strengths + Opportunities):
8 Factors
▼ Risk Vectors (Weaknesses + Threats):
8 Factors
Strengths
Internal Competitive Moat
- Leading specialty cable manufacturer in India
- Diversified product portfolio
- Long-standing customer relationships
- Strategically located manufacturing facilities
Weaknesses
Internal Operational Constraints
- Client retention challenges
- High supplier concentration risk
- Dependence on contract labour
- Currency exchange rate volatility
Opportunities
External Growth Tailwinds
- Growing broadband market in India
- Expanding data centre market
- Rising solar E-beam market
- Emerging tethered drone market
Threats & Risks
External Macro & Sector Headwinds
- Rising commodity prices
- Intensifying competition
- Rapid technological advancements
- Slower fixed broadband adoption
Top 10 Anchor Investors & Smart-Money Allocation
INSTITUTIONAL BOOK
Top 10 Anchor Commitment
₹- Cr
Smart-Money Quality Score
- / 5.0 ★
Marquee Conviction
SEBI Anchor Lock-In Schedule
30D (50%) • 90D (50%)
Mandatory Lock-In
Anchor Book Allocation Pending Exchange Filing
Institutional anchor investor bidding & allocation disclosures are officially filed with NSE/BSE 1 working day prior to the IPO opening date.
| Rank | Marquee Anchor Institution | Smart-Money Grade | Amount Invested | Anchor Share (%) |
|---|
450
The company benefits from high entry barriers, strong ROE/ROCE, market leadership in a niche, and high client stickiness, but faces challenges from a competitive/commoditized industry and high client concentration.
30
0
QIB Quota
Qualified Institutional Buyers
Smart Money
-x
Institutional Book
Inst. Conviction:
Evaluating
NII / HNI Quota
sNII (₹2L-10L) & bNII (₹10L+)
HNI Desk
-x
Non-Institutional
HNI Competition Ratio:
-
Retail (RII) Quota
Individual Investors (Up to ₹2L)
SEBI Lottery
-x
Retail Book
Retail Allotment Odds:
-