Orient Cables IPO Listing: Shares Debut At ₹448.10, Fall 9.17% From Listing Price To ₹405

Mumbai, October 5, 2026: Orient Cables shares made a strong debut at ₹448.10 against the IPO price of ₹272 per share, before declining during the session on BSE and NSE. 

 At 10:09:54 AM IST, the shares were trading at ₹405, down 9.62% from the ₹448.10 listing price. 

The listing price represented a 64.74% premium to the IPO issue price. Even after the decline from the debut level, the stock remained 48.90% above the issue price at the latest available snapshot. 

Orient Cables Shares Debut At ₹448.10 Against ₹272 Issue Price 

Orient Cables shares debuted at ₹448.10, according to the displayed listing-price chart, compared with the final IPO issue price of ₹272 per share. 

The listing represented a gain of ₹176.10 per share, or 64.74%, over the issue price. The IPO had a price band of ₹258–₹272 per share, with the final price fixed at the upper end. 

Shares Fall 9.62% From Listing Price By 10:09 AM 

At 10:09:54 AM IST on October 5, 2026, Orient Cables shares were trading at ₹405. The price was ₹43.10 below the ₹448.10 listing level, translating into a 9.62% decline from the debut price. 

Despite the fall from the listing level, the shares were still trading ₹133, or 48.90%, above the IPO issue price of ₹272. 

₹552 Crore IPO Combined Fresh Issue And OFS 

Orient Cables raised ₹552 crore through a combination of a fresh issue and an offer for sale. 

The fresh issue comprised 1.18 crore shares aggregating to ₹320 crore, while the offer-for-sale component consisted of 85.29 lakh shares worth ₹232 crore. 

The total issue comprised 2,02,94,114 shares, according to the IPO details. 

IPO Received 97.28 Times Subscription 

The Orient Cables IPO received 97.28 times overall subscription by the close of bidding on September 29, 2026. 

The QIB portion, excluding the anchor allocation, was subscribed 192.68 times, while the NII category received 121.90 times subscription. The retail portion was subscribed 32.21 times. 

The issue received 38,45,284 applications, with bids placed for 1,38,18,98,595 shares against 1,42,05,884 shares offered to the public, excluding the anchor portion. 

NII And QIB Demand Drives Final Subscription 

Within the NII category, applications above ₹10 lakh were subscribed 129.86 times, while the segment below ₹10 lakh received 105.99 times subscription. 

QIB subscription excluding the anchor portion increased sharply on the final bidding day, reaching 192.68 times from 0.06 times at the end of the second day. 

Retail subscription also increased to 32.21 times on the final day from 9.66 times on September 28. 

Orient Cables Shares Remain Above IPO Issue Price 

Orient Cables shares moved lower from the ₹448.10 listing level to ₹405 by 10:09:54 AM IST. This marked a 9.62% decline from the listing price, while the stock continued to trade 48.90% above its ₹272 IPO issue price. 

The movement therefore reflected a fall from the debut level, while the shares remained above their IPO issue price at the latest available market snapshot.  

Source: 

• https://www.nseindia.com/get-quote/equity/ORIENTCABL/Orient-Cables-(India)-Limited 
• https://www.bseindia.com/stock-share-price/orient-cables-india-ltd/orientcabl/544960