Orient Cables (India) Ltd IPO Day 2 Subscriptions details: check bidding details

Orient Cables (India) Ltd IPO day 2 subscription details:

The initial public offering of Orient Cables (India) Ltd ended the second day with investors bidding 4.11 the available shares on offer worth 552.00. The retail investor portion of the IPO was subscribed 4.78 times the available shares on offer. Retail investors have 50.00% of the total issue reserved for them.

At the end of bidding on day 2, the qualified institutional buyers' (QIB) portion of the IPO got bids for 0.02 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non-institutional investors quota got bids for 8.01 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Read More: Orient Cables (India) Ltd IPO day 1 subscriptions details

Here's a snapshot of the subscription details:

Orient Cables (India) Ltd IPO details :

Orient Cables (India) Ltd's IPO consists of an offer for sale of 232.00 shares and a fresh issue of ₹320.00. The IPO’s price band is ₹258 – ₹272 per share. The company’s shares will be listed on BSE, NSE on 05 Oct 26.

Here are the key details of Orient Cables (India) Ltd IPO

Offer for sale: 232.00 shares

Fresh issue: 320.00

Price Band: ₹258 – ₹272 per share

Bid open dates: 25 Sep 26

Allotment date: 30 Sep 26

Listing date: 05 Oct 26

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