Orient Cables IPO Subscription Day 3: Issue Subscribed 97.27 Times

Mumbai, September 29: Orient Cables IPO closed for subscription on Tuesday, September 29, 2026, after receiving bids for 1,38,17,53,340 shares against 1,42,05,884 shares offered to investors. The issue was subscribed 97.27 times overall as of 5:03 PM on Day 3.

The QIB (Ex Anchor) category received the highest subscription at 192.68 times, followed by the NII category at 121.90 times. The retail portion was subscribed 32.19 times.

With the bidding process now closed, investors will next track the Orient Cables IPO allotment, which is expected to be finalised on September 30, 2026.

Orient Cables IPO Subscription Status

The QIB (Ex Anchor) category received bids for 78,20,53,085 shares against 40,58,825 shares offered, resulting in a subscription of 192.68 times.

The NII category was subscribed 121.90 times, with bids for 3,71,10,970 shares against 30,44,118 shares available.

Within the NII segment, the bNII portion was subscribed 129.86 times, while the sNII portion was subscribed 105.97 times.

The retail portion received bids for 22,86,23,285 shares against 71,02,941 shares offered, translating into a subscription of 32.19 times.

Overall, the issue received bids for 1,38,17,53,340 shares against 1,42,05,884 shares offered, taking the total subscription to 97.27 times.

The total amount of bids stood at approximately ₹37,583.69 crore, based on the upper end of the price band.

The issue received 38,43,189 applications as of the latest update.

The Orient Cables IPO closed for subscription on September 29, 2026.

Day-wise Orient Cables IPO Subscription

Date	QIB (Ex Anchor)	NII	NII (> ₹10L)	NII (< ₹10L)	Retail	Total
Sep 25 (Day 1)	0.01x	3.67x	2.69x	5.61x	2.56x	2.07x
Sep 28 (Day 2)	0.06x	18.31x	15.08x	24.77x	9.66x	8.77x
Sep 29 (Day 3)	192.68x	121.90x	129.86x	105.97x	32.19x	97.27x

Orient Cables IPO Details

Orient Cables IPO is a ₹552 crore book-built issue comprising a fresh issue of 1,17,64,705 shares aggregating to ₹320 crore and an offer for sale of 85,29,409 shares aggregating to ₹232 crore.

The IPO carried a price band of ₹258 to ₹272 per share, with the issue price fixed at ₹272 per share. The lot size was 55 shares, making the minimum investment for a retail investor ₹14,960 at the upper end of the price band.

The issue opened for subscription on September 25, 2026, and closed on September 29, 2026.

The shares are proposed to be listed on the BSE and NSE, with a tentative listing date of October 5, 2026.

IIFL Capital Services Ltd. is the book-running lead manager, while KFin Technologies Ltd. is the registrar to the issue.

Orient Cables IPO Issue Size

Particulars	Details
Total Issue Size	2,02,94,114 shares
Fresh Issue	1,17,64,705 shares
Fresh Issue Amount	₹320 crore
Offer for Sale	85,29,409 shares
Offer for Sale Amount	₹232 crore
Face Value	₹1 per share
Price Band	₹258 to ₹272
Issue Price	₹272 per share
Lot Size	55 shares
Issue Type	Bookbuilding IPO
Sale Type	Fresh capital cum OFS
Listing Platform	BSE, NSE

Orient Cables IPO Reservation

Orient Cables IPO comprises 2,02,94,114 shares. Of this, 1,01,47,058 shares, or 50% of the total issue, are allocated to QIBs, 30,44,118 shares, or 15%, are allocated to NIIs and 71,02,941 shares, or 35%, are allocated to retail investors.

Investor Category	Shares	% of Total Issue
QIB	1,01,47,058	50.00%
Anchor Investor	60,88,233	30.00%
QIB (Ex Anchor)	40,58,825	20.00%
NII	30,44,118	15.00%
bNII (> ₹10L)	20,29,412	10.00%
sNII (< ₹10L)	10,14,706	5.00%
Retail	71,02,941	35.00%
Total	2,02,94,117	100.00%

Orient Cables IPO Lot Size

Investors could bid for a minimum of 55 shares and in multiples thereof.

Application	Lots	Shares	Amount
Retail (Min)	1	55	₹14,960
Retail (Max)	13	715	₹1,94,480
S-HNI (Min)	14	770	₹2,09,440
S-HNI (Max)	66	3,630	₹9,87,360
B-HNI (Min)	67	3,685	₹10,02,320

Orient Cables IPO Anchor Investors

Orient Cables IPO raised ₹165.60 crore from anchor investors ahead of the public issue.

The anchor bidding took place on September 24, 2026, with 60,88,233 shares offered to anchor investors.

The lock-in period for 50% of the anchor shares ends on October 30, 2026, while the lock-in period for the remaining shares ends on December 29, 2026.

Orient Cables IPO Allotment and Listing

The Orient Cables IPO closed for subscription on September 29 after the issue was subscribed 97.27 times.

The tentative Orient Cables IPO allotment date is September 30, 2026. Refunds are scheduled for October 1, while shares are expected to be credited to successful applicants on the same day.

The IPO is tentatively scheduled to list on the BSE and NSE on October 5, 2026.

Orient Cables IPO Timeline

Event	Date
IPO Open	September 25, 2026
IPO Close	September 29, 2026
Allotment	September 30, 2026
Refund	October 1, 2026
Credit of Shares	October 1, 2026
Listing	October 5, 2026

About Orient Cables (India) Ltd.

Incorporated in September 2005, Orient Cables (India) Limited is a manufacturer of networking cables and passive networking equipment. The company has nearly two decades of experience in the networking cables and passive networking equipment industry.

Its products include CAT5, CAT5e, CAT6 and CAT6A networking cables, patch cords, CCTV and coaxial cables, instrumentation and control cables, power cables, optical fibre cables, fibre patch cords, keystone jacks, power strips and power cords. The company also manufactures customised products based on customer requirements.

Conclusion

Orient Cables IPO closed for subscription on September 29, 2026, with an overall subscription of 97.27 times.

The QIB (Ex Anchor) category recorded a subscription of 192.68 times, while the NII category was subscribed 121.90 times and the retail portion 32.19 times.

Investors will now track the Orient Cables IPO allotment on September 30, followed by refunds and share credit on October 1. The IPO is scheduled to list on the BSE and NSE on October 5, 2026.

Source:

• https://www.nseindia.com/market-data/issue-information?symbol=ORIENTCABL&series=EQ&type=Active