From The Economic Times · Ritesh Presswala · · 1m 20s
Orient Cables Shares Debut at 65% Premium
Orient Cables shares list at 65% above IPO price, signaling strong investor interest.
In brief
Orient Cables shares list at 65% above IPO price, signaling strong investor interest. Orient Cables shares debuted on October 5, 2026, trading 65% above IPO price after a highly subscribed IPO. Originally reported by The Economic Times.
Orient Cables IPO Debut
Shares of Orient Cables made a stellar Dalal Street debut on Monday, listing at a 65% premium to the IPO price.
Listing Prices
The stock opened at Rs 450 on the NSE and Rs 448 on the BSE, compared with its issue price of Rs 272.
IPO Subscription Details
The public issue opened for subscription on September 25, 2026, and closed on September 29, with 97.28 times overall subscription.
Retail and Institutional Demand
Retail investors were subscribed 32.21 times, while QIB and NII categories saw 192.68 and 121.90 times subscription, respectively.
IPO Price Band
The company fixed the IPO price band at Rs 258, 272 per share, with a lot size of 55 shares.
Allotment and Listing Date
The IPO allotment was finalised on September 30, and shares are scheduled to list on both NSE and BSE on October 5, 2026.
Book-Running Managers
IIFL Capital Services Ltd. and JM Financial Ltd. are the book-running lead managers to the issue, while KFin Technologies Ltd. is the registrar.
The takeaway
Orient Cables shares debuted on October 5, 2026, trading 65% above IPO price after a highly subscribed IPO.
