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Orient Cables IPO Day 2: GMP signals 33% listing premium; check subscription and key details

1 source · first seen 09:30 28 Sept · updated 09:30 28 Sept

The brief

Written from 1 report · check the source before you trade
  • Orient Cables’ ₹552 crore IPO was subscribed 1.96 times overall on Day 2
  • Grey-market premium indicated a 33% listing premium
  • IPO applicants face listing uncertainty; the grey-market premium is not a guaranteed return

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12 stories this week
  1. 28 SeptIPO GMP Today Live Updates | Orient Cables IPO Day 2: GMP signals 33% listing premium; check key detailsIPO · 2 sources
  2. 25 SeptR R Kabel enters optical fibre cable segment with ₹77 crore U M Cables acquisitionDeal · 1 source · R R Kabel acquired U M Cables for ₹77 crore, entering optical fibre cables
  3. 25 Sept4 new IPOs in focus: Orient Cables, Runwal, Snapdeal and 1 more – Check key detailsIPO · 1 source
  4. 24 SeptOrient Cables opens its ₹552 crore IPO; issue closes September 29IPO · 8 sources · The IPO comprises a fresh issue worth ₹320 crore and an offer for sale
All Orient Cables stories →

Read the reports

1 report · earliest 09:30
Economic TimesOrient Cables IPO Day 2: GMP signals 33% listing premium; check subscription and key details09:30