Oswal Cables Limited IPO Details

Oswal Cables is a leading manufacturer of high-voltage conductors and cables, with products supporting up to 765 kV. Its solutions are widely used in power transmission and distribution, renewable energy, railways, and industrial applications.

Its product range includes standard and advanced conductors, aerial bunched cables, low-voltage energy cables, railway signalling cables, service drop and concentric cables. We manufacture cables up to 4 cores, in sizes from 1.5 sq. mm to 1,000 sq. mm, meeting multiple international standards such as ASTM, BIS, BS, DIN, and NFC. Many of these products are tested by reputed labs like CPRI, ERDA, and Kinectrics.

The company is supplying products to 28 countries across five continents and domestically, the products are supplied to 22 states and union territories. It is also an approved suppliers for railway cables by RDSO and for several government projects internationally.

Some of its key customers include Ducab EW India Private Limited, KEC International Limited, Amara Raja Power Systems Limited, Vikran Engineering Limited, MBH Power and Energy DMCCA, Vindhya Telelinks Limited, Texmaco Rail & Engineering Limited, PVR, etc.

The company has manufacturing units in Bagru (Jaipur) and Medak (Telangana) across an aggregated area of 25,278 square meters and have an aggregate installed capacity of 28,200 KMPA for cables and 23,000 MTPA for conductors.

Competitive strengths

• Comprehensive range of product offerings up to 765 kV
• High entry and exit barriers
• De-risked business model with diverse end use applications / location / customers / suppliers
• Longstanding relationships with well-known customers
• Continuous financial performance and finance control
• Experienced promoters and management team with domain knowledge