Orient Cables IPO GMP, Allotment Status & Listing Details

Orient Cables IPO GMP, Allotment Status & Listing Details

By GoPocket IPO Published · Updated · 7 min read

Summary

Orient Cables IPO GMP was ₹65–78 before listing vs a ₹272 price band after 97x subscription. Check allotment status on KFin, BSE, NSE and listing date.

Orient Cables IPO Allotment Status: How to Check Online, Final Subscription, GMP and Listing Date

If you bid for the Orient Cables IPO, today is the day you've been waiting for. The basis of allotment for the ₹552 crore issue is expected to be finalised on Wednesday, September 30, 2026, after the offer drew bids for about 97 times the shares on offer. With demand that heavy, most applicants won't get shares. So how do you check your status, and what happens next?

Below is a simple step-by-step guide, along with the final subscription numbers, the latest grey market premium (GMP), the listing timeline and a quick look at the two new IPOs that opened today. You can track all live and upcoming issues on the GoPocket IPO page.

Key Takeaways

  • Orient Cables IPO was subscribed about 97 times, led by QIBs at 192.68 times, according to exchange data compiled by HDFC Sky.
  • Allotment is due on September 30, refunds and demat credit on October 1, and listing on NSE and BSE on October 5.
  • Vishal Nirmiti and Nityas Gems & Jewellery IPOs are open from September 30 to October 5.

Orient Cables IPO Final Subscription Status

The issue closed on September 29 with overall subscription of about 97.27 times, as per data at 6:55 PM compiled by HDFC Sky and Angel One. Some trackers reported around 92 times based on earlier-evening data, so small differences between websites are normal.

Investor categoryTimes subscribed
Qualified Institutional Buyers (QIB, ex-anchor)192.68x
Non-Institutional Investors (NII)121.90x
 Big NII (above ₹10 lakh)129.86x
 Small NII (₹2 lakh to ₹10 lakh)105.97x
Retail Individual Investorsabout 32.2x
Overallabout 97.27x

What stands out: the institutional book flipped completely on the last day. At the end of day two, the QIB portion was just 0.06 times subscribed, and the whole issue stood at 8.77 times. By the close, QIB demand had jumped to over 190 times. Institutions often wait until the final hours to bid, so a thin QIB number on day one or two tells you very little about how an issue will finish.

How to Check Orient Cables IPO Allotment Status Online

The allotment data goes live only after the registrar uploads the basis of allotment, which usually happens by the evening of the allotment date. If a site shows "no record found," wait a few hours and try again.

Method 1: On the registrar's website (KFin Technologies)

  1. Go to the KFin Technologies IPO status page.
  2. Select Orient Cables (India) Limited from the IPO list.
  3. Choose to search by PAN, application number or DP ID/client ID.
  4. Enter the details and the captcha, then click Submit.

Method 2: On the BSE website

  1. Open the BSE application status page.
  2. Select issue type Equity and choose Orient Cables (India) Limited.
  3. Enter your application number or PAN and click Search.

Method 3: On the NSE website

Log in to the IPO bid verification section on the NSE website using your PAN, select the issue, and check your status.

Method 4: In your bank or broker app

If you applied through the GoPocket IPO section, you can see your application status there. Your bank's UPI app will also show whether the blocked amount has been debited (allotted) or released (not allotted).

What Are Your Chances of Getting Orient Cables Shares?

Honestly, they're slim. When the retail portion is oversubscribed, SEBI's rules require the allotment to be done by a lottery so that as many applicants as possible get the minimum lot of 55 shares (₹14,960 at the upper price band). With retail demand at about 32 times, only around one in every 32 valid single-lot applications is likely to be picked, as a rough estimate.

Two points worth knowing for next time. Applying for more lots in the retail category doesn't improve your odds, because every applicant gets at most one lot in the draw. And multiple applications under the same PAN are rejected, so applying from a family member's account, with their own PAN and bank account, is the only valid way to have more than one entry.

Orient Cables IPO GMP Today

On September 29, grey market trackers quoted the Orient Cables IPO GMP in a band of roughly ₹65 to ₹78. IPO Ji recorded ₹78 at 8 PM, while India TV News, citing Investorgain, reported ₹72. Against the upper price band of ₹272, that implies an indicative listing price of about ₹337 to ₹350.

A word of caution: GMP is unofficial and unregulated, and it isn't published by SEBI, NSE or BSE. During the offer period, Orient Cables' GMP swung between about ₹25 and ₹100, which shows how quickly it can change. With the broader market near a six-month low, listing-day sentiment could move in either direction. Treat GMP as a mood indicator, not a forecast.

Refund, Demat Credit and Listing Timeline

EventDate
Subscription periodSeptember 25 to 29, 2026
Basis of allotmentWednesday, September 30, 2026
Refunds / UPI mandate releaseThursday, October 1, 2026
Shares credited to dematThursday, October 1, 2026
Market holiday (Gandhi Jayanti)Friday, October 2, 2026
Listing on NSE and BSEMonday, October 5, 2026

Why October 5 and not earlier? Under SEBI's T+3 timeline, shares list on the third working day after the issue closes. Counting from September 29, that's September 30, October 1 and then, because October 2 is a market holiday, Monday October 5.

About Orient Cables (India) Limited

Orient Cables makes networking cables, specialty cables and passive networking equipment, and has close to two decades of operating history. Its products go into broadband, telecom, data centres, renewable energy, smart buildings, automotive and defence applications. The ₹552 crore IPO combined a fresh issue of ₹320 crore with an offer for sale of ₹232 crore by the promoter group. Before the issue opened, the company raised ₹165.60 crore from 20 anchor investors at ₹272 per share, with names including Nippon India Mutual Fund, Goldman Sachs and Aditya Birla Sun Life Mutual Fund.

New IPOs Open Today: Vishal Nirmiti and Nityas Gems & Jewellery

Two mainboard issues opened for subscription on September 30, and both close on October 5. Here's how they compare on the basics:

DetailVishal NirmitiNityas Gems & Jewellery
BusinessPre-stressed concrete sleepers for Indian Railways and DFCCILLab-grown diamond studded gold jewellery (B2B and D2C)
Issue size₹178 croreAbout ₹108.4 crore
Issue structure₹145 crore fresh issue + OFS of 15 lakh sharesEntirely fresh issue
Price band₹208 to ₹220₹70 to ₹75
Lot size68 shares200 shares
Minimum investment₹14,960₹15,000
Subscription datesSeptember 30 to October 5September 30 to October 5

Vishal Nirmiti, incorporated in 1994 and formerly known as Sejal Farms, supplies concrete sleepers to Indian Railways, the Dedicated Freight Corridor Corporation and private clients. PL Capital notes that its total income and profit after tax each grew about 6% in FY26, and that the company raised its fresh issue size from ₹125 crore to ₹145 crore.

Nityas Gems & Jewellery is a Surat-based company set up in 2022 that sells through retailers and wholesalers as well as its own D2C brand. It reported revenue of ₹203.33 crore and net profit of ₹22.32 crore for FY26, Business Today reported. Allotment is expected on October 6 and listing on October 8.

On valuation, Goodreturns puts Vishal Nirmiti's post-issue P/E at around 23 times and Nityas Gems' at around 33 times. A lower P/E doesn't automatically make an issue better, since growth, margins and business risks all matter. The Red Herring Prospectus (RHP) on the SEBI and exchange websites is the best place to read about each company's risks and plans for the money raised.

How to Apply for an IPO on GoPocket

  1. Log in to your GoPocket account and open the IPO section.
  2. Pick the live IPO you want to apply for.
  3. Enter the number of lots and your bid, or tick the cut-off price.
  4. Add your UPI ID and submit.
  5. Approve the UPI mandate in your UPI app before the closing-day cut-off.

Your money stays blocked in your own bank account until allotment and is released automatically if you don't get shares.

Disclaimer: This article is for information purposes only and is not a recommendation to apply for, buy or sell any IPO or security. Subscription and GMP figures are as reported at the time of writing and may change. GMP is unofficial and does not guarantee listing prices. Please read the RHP and consult a SEBI-registered investment adviser before investing.

Frequently asked questions

Quick answers to the most common questions about this story.

OPEN ACCOUNT

The basis of allotment for the Orient Cables IPO is scheduled for Wednesday, September 30, 2026. The issue closed on September 29 after being subscribed about 97 times. Allotment status is usually visible on the KFin Technologies, BSE and NSE websites by the evening of the allotment date, once the registrar uploads the data.

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