Orient Cables IPO Day 3: GMP at 27%; subscription crosses 8 times. key details inside

As reported by Markets-Economic Times

The Rs 552-crore Orient Cables IPO entered its final day of bidding on September 29 amid strong investor demand. In the grey market, the IPO was commanding a 27% premium over its issue price. The book-built issue comprises a fresh issue of 1.18 crore shares worth Rs 320 crore and an OFS of 85.29 lakh shares worth Rs 232 crore.

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Orient Cables IPO Day 3: GMP at 27%; subscription crosses 8 times. key details inside

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