Mumbai, Sept. 25 -- The initial public offer of Orient Cables (India) received bids for 2,93,33,040 shares as against 1,49,76,743 shares on offer, according to stock exchange data at 17:00 IST on 25 September 2026. The issue was subscribed 1.96 times.

The issue opened for bidding on 25 September 2026 and will close on 29 September 2026. The price band of the IPO is fixed between Rs 258 and 272 per share. An investor can bid for a minimum of 55 equity shares and multiples thereof.

The offer consists of both a fresh issue and an offer for sale component (OFS). The fresh issue will include 1,17,64,706 shares, aggregating up to Rs 320.0crore at the upper price band of Rs 272. OFS includes 85,29,412 shares of Re 1, aggregating up to Rs 232.0...