Oswal Cables Ltd. IPO Details
Oswal Cables was incorporated on September 6, 1971. The company is an integrated manufacturer of high-voltage conductivity products up to 765 kV, serving energy, renewable, railway, and industrial sectors. It ranks among India’s top ten cable and conductor companies by turnover, offering a wide portfolio including standard and advanced conductors, energy cables, and railway signalling cables
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 22.2 M | - | - | ₹3,000.0 M | DRHP DOC |
Oswal Cables issue details
Oswal Cables has 22.2 M shares on offer
Oswal Cables IPO issue size is ₹ 3,000.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Oswal Cables IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Oswal Cables NUMBER OF SHARES ON OFFER
Oswal Cables FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 635.5 | 29.8 | 50.1 | 38.2 | 9.2% |
| FY24 | 493.0 | 26.7 | 17.7 | 15.1 | 8.0% |
| FY23 | 337.4 | 11.2 | -0.4 | -2.2 | 7.8% |
Oswal Cables INFORMATION ON IPO ISSUE
About Oswal Cables
Oswal Cables was incorporated on September 6, 1971. The company is an integrated manufacturer of high-voltage conductivity products up to 765 kV, serving energy, renewable, railway, and industrial sectors. It ranks among India’s top ten cable and conductor companies by turnover, offering a wide portfolio including standard and advanced conductors, energy cables, and railway signalling cables
Object of the Issue
- Funding capital expenditure requirements for setting up a new project
- Repayment/pre-payment, in part or full, of certain borrowings availed by the company
- General corporate purposes
Oswal Cables - PROMOTERS
| Name |
|---|
| Puneet Talera |
| Gaurav Talera |
Oswal Cables - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Puneet Talera | Chairman & Whole-time Director |
| Gaurav Talera | Managing Director |
| Ashok Kumar Kothari | Whole-time Director |
| Chirag Parakh | Independent Director |
| Pankaj Bhatnagar | Independent Director |
| Shilpa Singhal | Independent Director |
Oswal Cables Book Running Lead Manager
Pantomath Capital Advisors Private Limited
oswalcables.ipo@pantomathgroup.com
Oswal Cables Registrar to the Offer
MUFG Intime India Private Limited
oswalcables.ipo@in.mpms.mufg.com
Oswal Cables Strengths
High entry & exit barriers
The company can manufacture conductors up to 765 kV, developed through experience in low- and medium-voltage projects. High-quality standards, certification requirements, and supplier audits create significant entry barriers for new industry participants
De-risked business model
The company has a diversified business model with over 1,000 products serving critical industries. Its customers include energy, railway, and renewable companies, and it collaborates with leading cable manufacturers to co-develop customised high-voltage conductivity products
Diversified product portfolio
The company offers a diversified portfolio of high-voltage conductivity products, including aluminum and copper conductors, energy cables, and specialty cables. Its products serve transmission, electrification, industrial, commercial, and railway applications, with in-house capabilities for insulation, sheathing, and after-sales support
Oswal Cables Risks
High-voltage conductivity products
The company manufactures high-voltage conductivity products for critical energy infrastructure, including transmission, renewable energy, railways, and industrial applications. Its products are engineered to meet strict quality, composition, and tolerance standards, complying with global and domestic certifications like ASTM, BIS, BS, DIN, and NFC
Seasonal
The company’s sales of cables and conductors are affected by seasonality in energy, railway, and industrial projects. Adverse weather during pre-monsoon and monsoon periods can delay installations, reducing demand, while the last fiscal quarter typically sees higher revenue, impacting cash flows and operational efficiency
Non-compliance
The company is subject to environmental, safety, health, and labor regulations in India. Non-compliance or regulatory changes may require additional investments and could result in fines, restrictions, or operational interruptions, adversely affecting business, financial condition, and cash flows
IPO FAQs
The promoters of the company are Puneet Talera and Gaurav Talera.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.