Orient Cables IPO Listing: Shares List At A Premium Of 65% On Exchanges After High Demand During Bidding
Add Preferred News Source
Orient Cables’ shares made a solid debut on the stock exchanges on 5 October 2026, listing at a premium of 65% to the IPO issue price. The stock opened at ₹448 and ₹450 on the BSE and NSE, respectively. Read more.
Orient Cables made its debut on stock exchanges today, i.e., 5 October 2026. The initial public offering (IPO) of Orient Cables was a mainboard issue and its shares were listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
The shares were listed at a premium of 65% compared with the IPO issue price of ₹272 per share in the upper price band. On the NSE, the shares opened at ₹450 apiece. On the BSE, the stock was listed at ₹448 apiece.
Orient Cables IPO And Subscription Details
The Orient Cables IPO carried a price band of ₹258–272 per share. It was open for subscription from 25 September to 29 September. The IPO’s size was pegged at ₹552 crore and had a lot size of 55 shares.
The Orient Cables IPO received an overall subscription of 92.27 times. The qualified institutional buyer (QIB) portion was subscribed 182.76 times, while the non-institutional investor (NII) category was booked 115.63 times. The retail portion was subscribed 30.55 times.
IIFL Capital Services Ltd and JM Financial Ltd were the book-running managers of the IPO, while KFin Technologies Ltd was the issue registrar.
About Orient Cables
Headquartered in Gurugram, Orient Cables produces a range of networking and passive networking equipment, along with specialty power and optical fibre cables and wire and cable harness assemblies. The company supplies products for applications across broadband, telecommunications, data centres, renewable energy and smart building automation.
Also Read - Nykaa Q2 FY 2026-27 Results Update Signals Late-20s Revenue Growth as Fashion Business Accelerates
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
Right Tools, Rich Insights
