Orient Cables IPO Subscription Status
Final figures at close of bidding: 5 Oct 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 192.68x |
| NII | 121.9x |
| sNII (₹2L–₹10L) | 105.99x |
| bNII (above ₹10L) | 129.86x |
| Retail (RII) | 32.21x |
| Total | 97.28x |
Bidding day 5
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 0.01x | 5.61x | 2.69x | 2.56x | 2.07x |
| Day 2 | 0.01x | 5.61x | 2.69x | 2.56x | 2.07x |
| Day 3 | 0.01x | 5.61x | 2.69x | 2.56x | 2.07x |
| Day 4 | 0.06x | 24.77x | 15.08x | 9.66x | 8.77x |
| Day 5 | 192.68x | 105.99x | 129.86x | 32.21x | 97.28x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
Demand in the Orient Cables IPO accumulated over 5 days of bidding: overall subscription stood at 2.07× at the close of day 1, read 2.07× at the end of day 2, read 2.07× at the end of day 3, read 8.77× at the end of day 4, and finished at 97.28× on day 5. On the final day it was qualified institutional buyers (QIB) driving the book, at 192.68× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 5, when the overall multiple moved from 8.77× to 97.28×.
Category detail
The QIB portion ended at 192.68×. Non-institutional investors came in at 121.9×, split 105.99× in the small-NII bucket (bids under ₹10 lakh) and 129.86× among big NIIs (above ₹10 lakh). Within the NII book, the bigger ₹10-lakh-plus bids outpaced the smaller applications. Retail investors put in bids for 32.21× the shares reserved for them. That puts qualified institutional buyers (QIB) at the top of the book at 192.68× and retail investors at the bottom at 32.21×.
What the multiple means for allotment
Retail bids ran to about 32.21 times the shares earmarked for the category. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 55 shares — ₹14,960 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Orient Cables IPO open and close?
- The Orient Cables IPO opens on 25 Sept 2026 and closes on 29 Sept 2026.
- How many times was the Orient Cables IPO subscribed?
- The Orient Cables IPO was subscribed 97.28 times in total across all investor categories.
- What is the reservation split in the Orient Cables IPO?
- Of the total shares offered, retail investors get 35%, QIBs 20% (plus 30% anchor), non-institutional investors 15%.