Orient Cables (India) IPO Subscription Status Day 3: Overall Subscription Reaches 96.96x
Varda Khade
- 0 min read
Last Updated: 29th September 2026 - 06:51 pm
Orient Cables (India) IPO subscription reached 96.96 times on Day 3 on September 29, 2026. The public issue received bids for 1,37,74,73,075 shares against 1,42,05,884 shares available for subscription, excluding the anchor portion.
The QIB (Ex Anchor) category recorded the highest subscription at 192.68 times, followed by NII investors at 121.79 times. The Individual Investor portion was subscribed 31.63 times.
Invest in Indian Markets and Unlock Future Potential With 5paisa!Subscription Status of Orient Cables (India) IPO
| Date | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Day 1 (September 25) | 0.01 | 3.67 | 2.56 | 2.07 |
| Day 2 (September 28) | 0.06 | 14.87 | 8.57 | 7.49 |
| Day 3 (September 29) | 192.68 | 121.79 | 31.63 | 96.96 |
Here are the subscription details for Orient Cables (India) IPO day 3, as of 5:05 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total |
|---|---|---|---|---|
| Anchor | 1 | 60,88,233 | 60,88,233 | 165.60 |
| QIB | 192.68 | 40,58,825 | 78,20,53,085 | 21,271.84 |
| NII | 121.79 | 30,44,118 | 37,07,29,095 | 10,083.83 |
| Individual | 31.63 | 71,02,941 | 22,46,90,895 | 6,111.59 |
| Total | 96.96 | 1,42,05,884 | 1,37,74,73,075 | 37,467.27 |
Key Highlights – Day 3
- Orient Cables (India) IPO reached an overall subscription of 96.96 times on Day 3, compared with 8.77 times on Day 2.
- QIB investors recorded the highest subscription at 192.68 times, rising sharply from 0.06 times on Day 2.
- NII subscription increased from 18.31 times on Day 2 to 121.79 times on Day 3, while Individual Investor subscription rose from 9.66 times to 31.63 times.
Key Highlights – Day 2
- Orient Cables (India) IPO subscription increased to 7.49 times on Day 2 from 2.07 times on Day 1.
- NIIs led demand at 14.87 times, while Individual Investors subscribed 8.57 times.
- QIB participation remained comparatively low at 0.06 times, although it increased from 0.01 times on the opening day.
Key Highlights – Day 1
- The IPO was subscribed 2.07 times overall on Day 1.
- NII subscription stood at 3.67 times and Individual Investor subscription at 2.56 times.
- The QIB portion excluding anchor investors was subscribed 0.01 times.
About Orient Cables (India)
Orient Cables (India) Limited manufactures networking cables and passive networking equipment. Its products serve sectors including broadband, telecom, data centres, renewable energy, building automation, security, automotive and system integration.
Its portfolio includes networking cables and solutions, specialty power and optical fibre cables, and allied products. The company also develops customised cable and connectivity solutions for different end-use applications.
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