Orient Cables IPO Subscription Status Day 1: Issue Subscribed 2.07 Times

Authored By HDFC SKY | Published at: Sep 25, 2026 06:23 PM IST

Orient Cables IPO was subscribed 2.07x on Day 1, with QIB at 0.01x, NII at 3.67x and retail at 2.56x as of 5:07 PM on September 25 2026.

Orient Cables IPO Subscription Status Day 1

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Mumbai, September 25: Orient Cables IPO is a book-built issue comprising a fresh issue of 1.18 crore shares aggregating ₹320 crore and an offer for sale of 85.29 lakh shares aggregating ₹232 crore. The IPO opened for subscription on September 25 2026 and will close on September 29 2026. The price band has been fixed at ₹258 to ₹272 per share, with a lot size of 55 shares. The IPO is scheduled to list on the BSE and NSE on October 5 2026.

Orient Cables IPO Day 1 Subscription Status

Orient Cables IPO was subscribed 2.07 times on Day 1 as of 5:07 PM on September 25 2026. The NII category was subscribed 3.67 times, while retail investors recorded 2.56 times subscription. The QIB category, excluding anchor investors, was subscribed 0.01 times.

Category	Subscription
QIB, excluding anchor	0.01x
NII	3.67x
bNII, above ₹10 lakh	2.69x
sNII, below ₹10 lakh	5.61x
Retail	2.56x
Total	2.07x

Category-wise Orient Cables IPO Subscription Status

As of 5:07 PM on September 25 2026, the public issue had received bids for 2,94,20,435 shares against 1,42,05,884 shares offered, excluding the anchor portion.

Category	Shares Offered	Shares Bid For	Subscription
QIB, excluding anchor	40,58,825	58,740	0.01x
NII	30,44,118	1,11,65,110	3.67x
bNII, above ₹10 lakh	20,29,412	54,68,430	2.69x
sNII, below ₹10 lakh	10,14,706	56,96,680	5.61x
Retail	71,02,941	1,81,96,585	2.56x
Total public issue	1,42,05,884	2,94,20,435	2.07x

The anchor portion of 60,88,233 shares was subscribed 1.00x.

Orient Cables Day-Wise Subscription Summary

The IPO opened for subscription on September 25 2026. The Day 1 subscription level stood at 2.07x as of 5:07 PM.

Date	QIB	NII	bNII	sNII	Retail	Total
September 25 2026, Day 1	0.01x	3.67x	2.69x	5.61x	2.56x	2.07x

Orient Cables IPO Timeline

IPO Milestone	Date
Issue Open Date	September 25 2026
Issue Close Date	September 29 2026
Basis of Allotment	September 30 2026
Initiation of Refunds	October 1 2026
Credit of Shares	October 1 2026
Listing Date	October 5 2026

Brief Overview Of The IPO

Orient Cables IPO comprises a total issue of 2,02,94,117 shares aggregating up to ₹552 crore at the upper end of the price band. The issue includes a fresh issue of 1,17,64,705 shares worth up to ₹320 crore and an offer for sale of 85,29,409 shares worth up to ₹232 crore. The price band is ₹258 to ₹272 per share and the lot size is 55 shares. Retail investors can apply for a minimum of one lot, comprising 55 shares, requiring ₹14,960 at the upper price band.

The issue reservation provides 50% of the total issue to QIBs, 15% to NIIs and 35% to retail investors. Of the QIB portion, 60,88,233 shares were allocated to anchor investors, while 40,58,825 shares are available to QIBs excluding the anchor portion. IIFL Capital Services Ltd is the book-running lead manager, while KFin Technologies Ltd is the registrar to the issue. The shares are proposed to be listed on the BSE and NSE.

Source:

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

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