Orient Cables IPO Day 3: Subscription Closes Today, 29 September 2026
- September 29, 2026
- Posted by: Harsh Piplani
- Category: IPO
Orient Cables IPO closes today, 29 Sep 2026. Subscribed 8.77x through Day 2: NII 18.31x, Retail 9.66x, QIB 0.06x. Price band Rs 258-272.
Quick Answer
The Orient Cables IPO is on its final day of bidding on 29 September 2026, with the subscription window closing today. The issue has surged from 2.07 times at the Day 1 close to 8.77 times by the close of Day 2, with NII at 18.31 times and retail at 9.66 times, while QIB, excluding anchors, was still at just 0.06 times. With bidding open until the end of today’s session, the final subscription figure depends on demand in the closing hours.
Orient Cables (India) Limited, a networking cable and passive networking equipment manufacturer, has reached the final day of its IPO subscription window today, 29 September 2026. The Orient Cables IPO opened on 25 September 2026 and is about Rs 552 crore through a combination of fresh issue and offer for sale. The shares are proposed to list on both BSE and NSE.
Demand for the Orient Cables IPO has been strong through the window, driven by non-institutional and retail investors, while institutions have held back with QIB at 0.06 times. Today is the last window for QIB bids.
Click Here – Get Free Investment Predictions
Orient Cables IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 25 September 2026 |
| Close Date | 29 September 2026 |
| Face Value | Rs 1 per share |
| Price Band | Rs 258 to Rs 272 per share |
| Lot Size | 55 shares |
| Issue Size | Rs 552 crore |
| Issue Type | Book Built Issue |
| Listing At | BSE and NSE |
| Allotment Date | 30 September 2026 |
| Listing Date | 5 October 2026 |
Orient Cables IPO Subscription Status Day 3
The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the close of Day 2 on Monday.
| Session | Overall | QIB | NII | Retail |
|---|---|---|---|---|
| Day 1 close (25 Sep) | 2.07x | 0.01x | 3.67x | 2.56x |
| Day 2 close (28 Sep, 5:05 PM) | 8.77x | 0.06x | 18.31x | 9.66x |
| Day 3, closing day so far (29 Sep) | Updating through the session | |||
NII and retail have driven the demand far beyond full subscription, while QIB, excluding anchors, remained the laggard after Day 2. Final figures should be confirmed on BSE and NSE once bidding closes today.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Orient Cables IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 258 to Rs 272 band, in multiples of 55 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, since the issue closes for good after this session.
Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.
Grey market premium (GMP) is an unofficial, unregulated indicator for the Orient Cables India IPO that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue closes today with the overall book at around 8.77 times through Day 2, led by NII and retail, while the QIB portion remained the one to watch. Investors considering the issue should review the company financials and risk factors in the RHP on bseindia.com and nseindia.com, and apply only after independent due diligence before the window shuts today.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Orient Cables IPO subscription status on Day 3?
Ans. On the closing day, 29 September 2026, the issue carries forward a Day 2 reading of around 8.77 times overall, with NII at 18.31 times, retail at 9.66 times and QIB at 0.06 times, and figures are updating through today’s final session.
When does the Orient Cables IPO close?
Ans. The issue closes for subscription today, 29 September 2026, having opened on 25 September 2026.
What is the Orient Cables IPO price band and lot size?
Ans. The issue price band is Rs 258 to Rs 272 per share, with a lot size of 55 shares, taking the minimum retail investment to about Rs 14,960 at the upper band.
Which category led the Orient Cables IPO subscription?
Ans. Non-institutional investors led the issue through Day 2 at 18.31 times, ahead of retail at 9.66 times, while QIB, excluding anchors, stood at 0.06 times.
What is the Orient Cables IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the Orient Cables IPO before it closes?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 258 to Rs 272 band, in multiples of 55 shares, then approving the UPI mandate before the daily cut off.
When will the Orient Cables IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 30 September 2026, with listing on both BSE and NSE tentatively scheduled for 5 October 2026.
What does Orient Cables (India) Limited do?
Ans. Orient Cables (India) Limited manufactures networking cables, including CAT5 through CAT6A cables, alongside speciality power and optical fibre cables, serving broadband, telecom, data centre, renewable energy and smart building automation customers.
