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.

SRIT India's IPO is in the spotlight as its subscription window runs alongside several other listings including Shah Investor, AceVector, German Green Steel, Runwal Enterprises and Orient Cables. Investors are tracking the grey market premium (GMP) as a signal of expected listing gains, with SRIT India's unofficial premium a key talking point among retail investors during days two and three of bidding.