{"id":272611,"date":"2026-09-28T09:23:12","date_gmt":"2026-09-28T03:53:12","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=272611"},"modified":"2026-09-28T09:23:12","modified_gmt":"2026-09-28T03:53:12","slug":"orient-cables-india-initial-public-offering-day-2-subscription-28-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/orient-cables-india-initial-public-offering-day-2-subscription-28-september-2026\/","title":{"rendered":"Orient Cables IPO Day 2: Subscription Status on 28 September 2026"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Orient Cables IPO Day 2, 28 Sep 2026. Subscribed 2.07x at Day 1 close: NII 3.67x, Retail 2.56x, QIB 0.01x. Price band Rs 258-272. Closes 29 Sep.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Orient Cables IPO is on Day 2 of bidding on 28 September 2026, after a strong opening day. The Orient Cables IPO closed Day 1 subscribed 2.07 times overall, with NII leading at 3.67 times and retail at 2.56 times, while QIB, excluding anchors, stood at just 0.01 times. Bidding remains open until 29 September 2026, and investors should track the live category wise numbers on BSE and NSE through the day.<\/p>\n<\/p><\/div>\n<p>The Orient Cables IPO has entered Day 2 of its bidding window, which opened on 25 September 2026 and closes on 29 September 2026. Orient Cables (India) Limited, a networking cable and passive networking equipment manufacturer, is raising about Rs 552 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on both BSE and NSE. The latest full session data available is Friday, 25 September 2026, with the weekend in between.<\/p>\n<p>Day 1 bidding for the issue closed with the issue subscribed 2.07 times overall, driven by non-institutional and retail demand. With QIB participation, excluding anchors, still at 0.01 times, the closing session on 29 September is where institutional bids typically arrive.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=orient-cables-india-ipo-day2\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/orient-cables-india-initial-public-offering-day-2-subscription-28-september-2026\/#Orient_Cables_IPO_Details\" title=\"Orient Cables IPO Details\">Orient Cables IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/orient-cables-india-initial-public-offering-day-2-subscription-28-september-2026\/#Orient_Cables_IPO_Subscription_Status_Day_2\" title=\"Orient Cables IPO Subscription Status Day 2\">Orient Cables IPO Subscription Status Day 2<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/orient-cables-india-initial-public-offering-day-2-subscription-28-september-2026\/#How_to_Apply_for_the_Orient_Cables_IPO\" title=\"How to Apply for the Orient Cables IPO\">How to Apply for the Orient Cables IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/orient-cables-india-initial-public-offering-day-2-subscription-28-september-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/orient-cables-india-initial-public-offering-day-2-subscription-28-september-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/orient-cables-india-initial-public-offering-day-2-subscription-28-september-2026\/#What_is_the_Orient_Cables_IPO_subscription_status_on_Day_2\" title=\"What is the Orient Cables IPO subscription status on Day 2?\">What is the Orient Cables IPO subscription status on Day 2?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/orient-cables-india-initial-public-offering-day-2-subscription-28-september-2026\/#When_does_the_Orient_Cables_IPO_close\" title=\"When does the Orient Cables IPO close?\">When does the Orient Cables IPO close?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/orient-cables-india-initial-public-offering-day-2-subscription-28-september-2026\/#What_is_the_Orient_Cables_IPO_price_band_and_lot_size\" title=\"What is the Orient Cables IPO price band and lot size?\">What is the Orient Cables IPO price band and lot size?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/orient-cables-india-initial-public-offering-day-2-subscription-28-september-2026\/#Which_category_led_the_Orient_Cables_IPO_on_Day_1\" title=\"Which category led the Orient Cables IPO on Day 1?\">Which category led the Orient Cables IPO on Day 1?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/orient-cables-india-initial-public-offering-day-2-subscription-28-september-2026\/#What_is_the_Orient_Cables_IPO_GMP\" title=\"What is the Orient Cables IPO GMP?\">What is the Orient Cables IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/orient-cables-india-initial-public-offering-day-2-subscription-28-september-2026\/#How_do_I_apply_for_the_Orient_Cables_IPO_before_it_closes\" title=\"How do I apply for the Orient Cables IPO before it closes?\">How do I apply for the Orient Cables IPO before it closes?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/orient-cables-india-initial-public-offering-day-2-subscription-28-september-2026\/#When_will_the_Orient_Cables_IPO_be_allotted_and_listed\" title=\"When will the Orient Cables IPO be allotted and listed?\">When will the Orient Cables IPO be allotted and listed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/orient-cables-india-initial-public-offering-day-2-subscription-28-september-2026\/#What_does_Orient_Cables_India_Limited_do\" title=\"What does Orient Cables (India) Limited do?\">What does Orient Cables (India) Limited do?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Orient_Cables_IPO_Details\"><\/span><strong>Orient Cables IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets out the key parameters of the issue.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<td><strong>Open Date<\/strong><\/td>\n<td>25 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Close Date<\/strong><\/td>\n<td>29 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Face Value<\/strong><\/td>\n<td>Rs 1 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Price Band<\/strong><\/td>\n<td>Rs 258 to Rs 272 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Lot Size<\/strong><\/td>\n<td>55 shares<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Size<\/strong><\/td>\n<td>Rs 552 crore<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Type<\/strong><\/td>\n<td>Book Built Issue<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing At<\/strong><\/td>\n<td>BSE and NSE<\/td>\n<\/tr>\n<tr>\n<td><strong>Allotment Date<\/strong><\/td>\n<td>30 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing Date<\/strong><\/td>\n<td>5 October 2026<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Orient_Cables_IPO_Subscription_Status_Day_2\"><\/span><strong>Orient Cables IPO Subscription Status Day 2<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bidding for the issue is updated through the trading session on BSE and NSE. The table below shows the position at the close of Day 1 along with the figure recorded so far on Day 2.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Investor Category<\/th>\n<th>Subscription at Day 1 Close (25 Sep, 5:07 PM)<\/th>\n<th>Subscription So Far (Day 2, 28 Sep)<\/th>\n<\/tr>\n<tr>\n<td>Qualified Institutional Buyers (QIB)<\/td>\n<td>0.01 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td>Non-Institutional Investors (NII)<\/td>\n<td>3.67 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td>Retail Individual Investors<\/td>\n<td>2.56 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td><strong>Overall<\/strong><\/td>\n<td><strong>2.07 times<\/strong><\/td>\n<td><strong>Updating through the session<\/strong><\/td>\n<\/tr>\n<\/table>\n<p>NII and retail investors have driven the demand so far, while the QIB book has considerable room to build. Investors should treat the Day 2 figures as provisional since bidding remains open until the 29 September close.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Subscription Status for the issue on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Apply_for_the_Orient_Cables_IPO\"><\/span><strong>How to Apply for the Orient Cables IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.<\/li>\n<li>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.<\/li>\n<li>Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.<\/li>\n<li>Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 29 September.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to apply for the issue before the 29 September close.<\/em><\/p>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The issue opened strongly, crossing full subscription within Day 1 on NII and retail demand, with the QIB book still to build before the 29 September close. 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.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Orient_Cables_IPO_subscription_status_on_Day_2\"><\/span><strong>What is the Orient Cables IPO subscription status on Day 2?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue closed Day 1 subscribed 2.07 times overall, with NII leading at 3.67 times and retail at 2.56 times, while QIB, excluding anchors, stood at just 0.01 times, and figures for Day 2, 28 September 2026, are updating through today&#8217;s session on BSE and NSE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_does_the_Orient_Cables_IPO_close\"><\/span><strong>When does the Orient Cables IPO close?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue closes for subscription on 29 September 2026, having opened on 25 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Orient_Cables_IPO_price_band_and_lot_size\"><\/span><strong>What is the Orient Cables IPO price band and lot size?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_category_led_the_Orient_Cables_IPO_on_Day_1\"><\/span><strong>Which category led the Orient Cables IPO on Day 1?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Non-institutional investors led the issue on Day 1 at 3.67 times, ahead of retail at 2.56 times, while QIB, excluding anchors, stood at 0.01 times.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Orient_Cables_IPO_GMP\"><\/span><strong>What is the Orient Cables IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_apply_for_the_Orient_Cables_IPO_before_it_closes\"><\/span><strong>How do I apply for the Orient Cables IPO before it closes?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_will_the_Orient_Cables_IPO_be_allotted_and_listed\"><\/span><strong>When will the Orient Cables IPO be allotted and listed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Orient_Cables_India_Limited_do\"><\/span><strong>What does Orient Cables (India) Limited do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the issue subscription status on Day 2?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue closed Day 1 subscribed 2.07 times overall, with NII leading at 3.67 times and retail at 2.56 times, while QIB, excluding anchors, stood at just 0.01 times, and figures for Day 2, 28 September 2026, are updating through today's session on BSE and NSE.\"}},{\"@type\":\"Question\",\"name\":\"When does the issue close?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue closes for subscription on 29 September 2026, having opened on 25 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue price band and lot size?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"Which category led the issue on Day 1?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Non-institutional investors led the issue on Day 1 at 3.67 times, ahead of retail at 2.56 times, while QIB, excluding anchors, stood at 0.01 times.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue GMP?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. 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Bidding trends, price band and how to apply.\",\"author\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"publisher\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/univest.in\/blogs\/orient-cables-india-initial-public-offering-day-2-subscription-28-september-2026\"}}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Orient Cables (India) IPO Day 2 subscription update for 28 September 2026, with bidding trends and how to apply.<\/p>\n","protected":false},"author":29,"featured_media":272610,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[7525],"class_list":["post-272611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-orient-cables-india-ipo-2"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["272610"],"rank_math_title":["Orient Cables IPO Day 2 Subscription Status 28 Sep 2026"],"rank_math_description":["Orient Cables (India) IPO Day 2 subscription status on 28 September 2026. 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