Orient Cables (India) IPO
Orient Cables (India) Limited (ORIENTCABL) · mainboard IPO on NSE and BSE · Book Building. Listed on 05 October 2026.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +21.8% (likely range +19% to +41%), day's high +32.8%, chance of a gain 97%. Actual: +65.4% at the open, +70.9% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 42,79,069 | 78,20,53,085 | 183x | |
| NII (HNI) total | 32,09,302 | 37,10,91,875 | 116x | |
| Big NII (above ₹10 lakh) | 21,39,535 | 26,35,45,535 | 123x | |
| Small NII (₹2-10 lakh) | 10,69,767 | 10,75,46,340 | 101x | |
| Retail | 74,88,372 | 22,87,53,745 | 30.5x | |
| Total | 1,49,76,743 | 1,38,18,98,705 | 92.3x |
Bids on NSE and BSE together, as published by NSE, as of 29 Sep 2026, 07:00 PM. Shares offered exclude the anchor portion. 14% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Orient Cables (India)'s, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Aeroflex IndustriesAug 2023 | 195x | 126x | 34.4x | 97.1x | ₹352 Cr | +75.9% | +81.8% |
| DAM Capital AdvisorsDec 2024 | 166x | 98.6x | 27.1x | 82.1x | ₹840 Cr | +38.9% | +61.5% |
| SS RetailSep 2026 | 204x | 143x | 36.4x | 103x | ₹527 Cr | +47.2% | +76.6% |
| Augmont EnterprisesAug 2026 | 227x | 121x | 31.0x | 106x | ₹867 Cr | +21.9% | +29.4% |
| Vishnu Prakash R PungliaAug 2023 | 172x | 111x | 32.0x | 87.8x | ₹309 Cr | +66.7% | +66.7% |
| SanstarJul 2024 | 146x | 136x | 24.2x | 83.0x | ₹510 Cr | +14.7% | +35.6% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| IIFL Capital Services | 94 | +19.3% | 71% |
| JM Financial | 109 | +22.8% | 75% |
Offer documents (NSE)
Frequently asked
What is the Orient Cables (India) IPO price band and lot size? ₹258–272 per share, with a lot of 55 shares, so the smallest retail bid is ₹14,960.
How many times has it been subscribed? 92.3x overall: QIB 183x, NII 116x, retail 30.5x.
How did it list? It opened at ₹450, +65.4% against the issue price of ₹272, and closed its first day +48.9%.
