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The Economic Times

Business

Ritesh Presswala

Orient Cables IPO opens with GMP hinting 19% listing gains. Check key details

Orient Cables IPO GMP NSE

Orient Cables IPO opened for subscription today, September 25, 2026, giving investors a three-day bidding window. In the grey market, the issue currently commands a 19% GMP, indicating expectations of a potential premium over the issue price at listing. However, GMP is an unofficial indicator and can change before listing.

The Rs 552 crore Orient Cables IPO is a book-built issue comprising a fresh issue of 1.18 crore shares worth Rs 320 crore and an offer for sale (OFS) of 85.29 lakh shares worth Rs 232 crore.

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