GgoogleIN BusinessMarkets first seen 1 d ago, last 9 min ago, peak #1

Orient Cables IPO oversubscribed 8x as grey market premium hits 33%

Original: orient cables ipo gmp

Orient Cables' IPO was subscribed more than eight times on the second day of bidding, with the grey market premium standing at around 33%. The company raised ₹165.6 crore from anchor investors ahead of the issue and has said it targets revenue of ₹3,500 crore by FY30. Indian investors are tracking the strong subscription figures and GMP as signals of solid listing gains.

Why now: Strong oversubscription and a high grey market premium are drawing investor attention during live bidding.

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Rank over time, top of the chart is #1. 20 snapshots from 1 d ago to 9 min ago.

Evidence

• Orient Cables India Ltd IPO Date: Check Issue Date, Price, Lot size, Subscription, News and Details - Moneycontrol · Moneycontrol.com
• Can Orient Cables IPO deliver long-term growth for high-risk investors? · The Economic Times
• Orient Cables Ltd IPO: Check Issue Date, Price Band, Lot Size, Subscription · Upstox
• Orient Cables IPO subscribed over 8x on second day of bidding; GMP at 33% · Moneycontrol.com
• Orient Cables Eyes Rs 3,500 Crore Revenue By FY30 · Equitypandit
• Orient Cables raises ₹165.6 crore from anchor investors ahead of IPO · ET Realty
• The Orient Cables IPO Explained · Finshots

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