Orient Cables (India) Limited IPO
Orient Cables (India) Limited was a mainboard IPO to raise ₹552 crore. The issue was subscribed 92.27× overall (QIBs 182.76×, NIIs 115.63×, retail 30.55×). It listed on 5 Oct 2026 at ₹450 and closed its first day at ₹405, a listing gain of +48.9% versus the ₹272 issue price. It now trades around ₹338 (+24.3% versus the issue price).
Frequently asked questions
- How many times was the Orient Cables (India) Limited IPO subscribed?
- The Orient Cables (India) Limited IPO was subscribed 92.27× overall — 182.76× in the QIB category, 115.63× among non-institutional investors, 30.55× in retail.
- What were the Orient Cables (India) Limited IPO listing gains?
- Orient Cables (India) Limited listed on 5 Oct 2026 at ₹450, closing its first day at ₹405 — a listing gain of +48.9% versus the ₹272 issue price.
- What were the retail allotment odds for the Orient Cables (India) Limited IPO?
- Retail was subscribed 30.55×, so a single-lot application had roughly a 3.3% chance of allotment (about 1 in 31), and allotment was finalised on 1 Oct 2026.
- Who were the registrar and lead manager for the Orient Cables (India) Limited IPO?
- KFin Technologies Limited was the registrar to the issue.