28-Sep-2026      22:00

Orient Cables (India) Ltd IPO subscribed 8.32 times

The offer received bids for 12.45 crore units as against 1.5 crore units on offer.

The initial public offer of Orient Cables (India) Ltd IPO received bids for 12,45,46,730 units as against 1,49,76,743 units on offer, according to stock exchange data at 19:55 IST on Monday (28 September 2026). The issue was subscribed 8.32 times.

The issue opened for bidding on Friday, 25 September 2026 and it will close on Tuesday, 29 September 2026. The price band of the IPO is fixed at Rs 258 per share to 272 per share. An investor can bid for a minimum of 55 equity shares and in multiples thereof.

The IPO comprises a fresh issue of Rs 320 crore and an offer for sale of Rs 232 crore, aggregating to a total issue size of Rs 552 crore.

News source: Capital Market - Live News