About the Orient Cables (India) IPO
Orient Cables (India) is a Mainboard issue listing on Equity with an issue size of 552. The price band is ₹258-272 per share and one lot is 55 shares. Bidding runs from 25 Sep 2026 to 29 Sep 2026. The minimum application is one lot, which costs ₹14,960 at the upper band.
What the GMP implies
At the last recorded GMP of ₹121, the grey market is pricing Orient Cables (India) at about ₹393 on listing, against the upper price band of ₹272, or roughly ₹6,655 per lot.
.GMP changes daily and is often wrong on listing day: it is an unofficial figure from informal dealers, not a price you can trade at.
Orient Cables (India) IPO key dates
| Bidding opens | 25 Sep 2026 |
| Bidding closes | 29 Sep 2026 |
| Allotment | 30 Sep 2026 |
| Refunds start | 1 Oct 2026 (expected) |
| Shares credited to demat | 1 Oct 2026 (expected) |
| Listing | 5 Oct 2026 |
Dates marked "expected" follow SEBI's T+3 timeline from the closing date and change if the company announces otherwise.
How much to apply with
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 55 | ₹14,960 |
| Retail (max) | 13 | 715 | ₹1,94,480 |
| Small HNI (min) | 14 | 770 | ₹2,09,440 |
| Small HNI (max) | 66 | 3,630 | ₹9,87,360 |
| Big HNI (min) | 67 | 3,685 | ₹10,02,320 |
Retail bids are capped at ₹2 lakh; small HNI is ₹2–10 lakh; big HNI is above ₹10 lakh. Amounts at the upper price band.
How to apply
1. Open the IPO section in your broker app, or ASBA in your bank's net banking.
2. Pick Orient Cables (India), enter the number of lots and bid at the cut-off price.
3. Approve the UPI mandate on your phone before the closing day's cut-off.
4. Check allotment after 30 Sep 2026 using the button above.