Orient Cables IPO Day 3: Subscription Over 8 Times, GMP at 27%
The Rs 552-crore Orient Cables IPO entered its final bidding day on September 29 with strong investor demand. The grey market premium (GMP) stood at 27% above the issue price. The IPO includes 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.
ET Markets·4h ago



