Neutral impactIPO
Orient Cables IPO Day 3 Subscription Status 29 Sep 2026
Univest 7 hrs ago·28 Sept 2026, 8:08 pm
Orient Cables Limited is currently in the final stages of its initial public offering (IPO). The company opened for subscription on September 29, 2026, and the issue will close on October 1, 2026. This is the third and final day of the bidding process, which is a critical window for investors to determine the final demand for the shares.
For investors, the subscription status on the final day is a key indicator of market sentiment. If the issue is subscribed heavily, it suggests strong confidence from the public. Conversely, a low subscription might raise questions about the stock's future performance. The IPO will determine the listing price for the company's shares on the stock exchanges.
Excerpt from Univest
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. Updated: 29 Sept 2026 • 12:41 am 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…Read the original at Univest
Key takeaways
- Category: IPO.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
