Orient Cables (India) IPO
Orient Cables (India) IPO is a mainboard IPO raising ₹552 Cr at ₹258 – ₹272 a share. It listed on 5 Oct 2026 at ₹450, +65.4% against its issue price of ₹272, and trades at ₹345 today (+27.0% since issue). It was subscribed 92× in total.
92.3 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 42,79,069 | 78,20,53,085 | 183× |
| Foreign Institutional Investors | no separate quota | 16,10,07,000 | n/a |
| Domestic Financial Institutions | no separate quota | 37,90,02,470 | n/a |
| Mutual funds | no separate quota | 3,84,94,335 | n/a |
| Others | no separate quota | 20,35,49,280 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 32,09,302 | 37,10,91,875 | 116× |
| Non Institutional Investors | 21,39,535 | 26,35,45,535 | 123× |
| Corporates | no separate quota | 32,40,380 | n/a |
| Individuals | no separate quota | 25,14,26,670 | n/a |
| Others | no separate quota | 88,78,485 | n/a |
| Non Institutional Investors | 10,69,767 | 10,75,46,340 | 101× |
| Corporates | no separate quota | 3,68,555 | n/a |
| Individuals | no separate quota | 10,40,10,775 | n/a |
| Others | no separate quota | 31,67,010 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 74,88,372 | 22,87,53,745 | 31× |
| Cut Off | no separate quota | 20,00,65,855 | n/a |
| Price bids | no separate quota | 2,86,87,890 | n/a |
| Total | 1,49,76,743 | 1,38,18,98,705 | 92× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 30 Sept, 08:15 am IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 14% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.26 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.