Orient Cables

Orient Cables India Ltd's IPO is seeing strong investor interest, with the issue subscribed over 8 times on its second day of bidding and the grey market premium, or GMP, at around 33%. The company raised ₹165.6 crore from anchor investors ahead of the float and is targeting ₹3,500 crore in revenue by FY30. Coverage from Moneycontrol, Economic Times and others is weighing whether the stock can deliver long-term growth for high-risk investors.

Indian investors are tracking the grey market premium of the SRIT India IPO as its three-day subscription window ends. Business coverage is comparing SRIT India's GMP with that of Shah Investor's Home IPO and other ongoing issues, including AceVector, German Green Steel, Runwal Enterprises and Orient Cables, to gauge which offers the strongest potential listing gains. Subscription status updates are being published daily as bidding wraps up.