Orient Cables IPO Subscription Status: Day 2 Live Updates
Orient Cables IPO subscription status: The Orient Cables (India) IPO continued to attract investor interest on Day 2, with the public issue subscribed 3.24 times as of 10:33 AM on September 28, 2026. Retail investors and Non-Institutional Investors (NIIs) were driving the bidding, while participation from Qualified Institutional Buyers (QIBs) remained relatively low at this stage.
The ₹552 crore mainboard IPO opened for subscription on September 25, 2026 and will close on September 29, 2026. Orient Cables has fixed the IPO price band at ₹258 to ₹272 per share, with a lot size of 55 shares.
Orient Cables IPO Subscription Status Today
According to the latest available bidding data, investors had submitted bids for approximately 4.60 crore shares against around 1.42 crore shares available, taking the overall subscription to 3.24 times.
Investor Category
Subscription
Qualified Institutional Buyers (QIB)
0.02x
Non-Institutional Investors (NII)
5.91x
bNII
4.63x
sNII
8.46x
Retail Investors
3.92x
Total
3.24x
Subscription figures above were reported as of 10:33 AM on September 28, 2026 and can change as additional bids are submitted.
Orient Cables IPO Day-Wise Subscription
Orient Cables received healthy demand on the opening day, particularly from retail and non-institutional investors.
Category
Day 1
Day 2*
QIB
0.01x
0.02x
NII
3.48x
5.91x
Retail
2.43x
3.92x
Total
1.96x
3.24x
Day 2 figures are based on the latest available intraday data and are not final closing figures. Day 1 figures are reported by The Economic Times, while Day 2 figures are from the latest live subscription data.
Orient Cables IPO Details
Particulars
Details
IPO
Orient Cables (India) IPO
IPO Type
Mainboard IPO
IPO Open Date
September 25, 2026
IPO Close Date
September 29, 2026
Price Band
₹258 – ₹272 per share
Lot Size
55 shares
Minimum Investment at Upper Band
₹14,960
Issue Size
Approximately ₹552 crore
Allotment Finalisation
September 30, 2026
Refund Initiation
October 1, 2026
Shares Credit
October 1, 2026
Expected Listing Date
October 5, 2026
Exchanges
BSE and NSE
The IPO timetable is tentative and may be revised.
Orient Cables IPO Retail Subscription
Retail investors showed strong participation in the issue. The retail portion was subscribed 3.92 times by 10:33 AM on Day 2, compared with 2.43 times at the end of Day 1 based on reported figures.
Around 35% of the public offer is reserved for retail investors, subject to applicable IPO allocation rules.
Orient Cables IPO NII Subscription
Demand from Non-Institutional Investors was stronger than the overall issue at the latest update.
The NII category was subscribed 5.91 times, while the smaller NII portion (sNII) recorded subscription of 8.46 times. The bNII category stood at 4.63 times.
This compares with overall NII subscription of about 3.48 times on Day 1.
Orient Cables IPO QIB Subscription
Qualified Institutional Buyer participation remained limited during the early part of Day 2. The QIB portion was subscribed approximately 0.02 times as of the latest available update.
Institutional bidding can change significantly during the later stages of an IPO, so the final QIB figure should be assessed after the issue closes.
Orient Cables IPO GMP Today
Orient Cables shares were trading at a reported grey market premium (GMP) of around ₹92 per share on September 28, 2026, according to IPO360. Based on the upper price band of ₹272, this implied an estimated grey-market price of around ₹364 per share, or roughly 33.8% above the upper issue price.
Another market report published on September 28 also indicated strong grey-market interest in Orient Cables compared with several other IPOs trading in the unofficial market.
Important: GMP is an unofficial and unregulated market indicator. It can change rapidly and does not guarantee the IPO’s actual listing price or listing gains.
Orient Cables IPO GMP Trend
Date
GMP
Estimated Price*
September 28, 2026
₹92
₹364
September 27, 2026
₹88
₹360
September 26, 2026
₹88
₹360
September 25, 2026
₹82
₹354
September 24, 2026
₹114
₹386
Estimated price is calculated using the upper IPO price band of ₹272 plus the reported GMP. Grey-market prices are unofficial and can change throughout the day.
About Orient Cables (India)
Orient Cables (India) manufactures networking cables and passive networking equipment and has been operating for nearly two decades.
Its products serve industries including telecommunications, broadband, data centres, renewable energy, smart-building systems and automotive applications. The company’s portfolio includes networking cables and solutions, optical fibre cables, specialty power products and other allied products.
Orient Cables IPO Anchor Investors
Ahead of the public issue, Orient Cables raised approximately ₹165.6 crore from 20 anchor investors at ₹272 per share.
Anchor participation is separate from the public subscription figures used to calculate the QIB, NII and retail subscription multiples.
How to Apply for Orient Cables IPO
Investors can apply for the Orient Cables IPO through supported broker platforms or through their bank’s ASBA facility.
For UPI-based applications, investors generally select the IPO through their broker, enter the bid quantity and price, submit their UPI ID and approve the corresponding mandate through the UPI application.
For ASBA applications, investors can use the IPO or investment section of a supported bank’s net-banking platform. The application amount remains blocked in the bank account until the allotment process is completed.
Orient Cables IPO Important Dates
Event
Date
IPO Opens
September 25, 2026
IPO Closes
September 29, 2026
UPI Mandate Deadline
September 29, 2026, 5 PM
Allotment Finalisation
September 30, 2026
Refund Initiation
October 1, 2026
Shares Credited
October 1, 2026
Expected Listing
October 5, 2026
These dates are tentative and can change.
Orient Cables IPO Subscription Status FAQs
What is Orient Cables IPO subscription status today?
Orient Cables IPO was subscribed 3.24 times overall as of 10:33 AM on September 28, 2026, according to the latest available data. Retail subscription stood at 3.92 times, NII at 5.91 times and QIB at 0.02 times.
What is the Orient Cables IPO price band?
The Orient Cables IPO price band is ₹258 to ₹272 per equity share.
What is the Orient Cables IPO lot size?
The IPO lot size is 55 shares. At the upper price band of ₹272, one lot requires an investment of ₹14,960.
When will the Orient Cables IPO close?
The IPO is scheduled to close on September 29, 2026.
What is Orient Cables IPO GMP today?
The reported Orient Cables IPO GMP was around ₹92 per share on September 28, 2026 at the latest cited update. GMP is unofficial and can fluctuate significantly.
When is the Orient Cables IPO allotment date?
The allotment is tentatively scheduled to be finalised on September 30, 2026.
When will Orient Cables shares list?
Orient Cables shares are expected to list on BSE and NSE on October 5, 2026, subject to the final IPO schedule.
Bottom Line
Orient Cables IPO saw strong early participation from retail and non-institutional investors, taking the overall subscription to 3.24 times during Day 2. The NII category was subscribed 5.91 times and retail 3.92 times at the latest cited update, while QIB participation remained comparatively low at 0.02 times.
Investors tracking the issue should watch the final subscription figures on September 29, particularly QIB demand, along with company fundamentals, valuations and risk factors rather than relying solely on subscription numbers or grey-market activity.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. IPO subscription and GMP figures can change. Investors should review the company’s RHP and consult a qualified financial adviser before making an investment decision.
