Orient Cables IPO Day 2 shows 33% GMP premium
In short
Orient Cables’ IPO was reported on Day 2 with a 33% grey market premium. The update did not give the issue size, price band, or subscription numbers.
This suggests investor interest, but the report is not backed by an official filing. It is still unclear whether the premium will hold.
What the reporting says
Orient Cables’ IPO Day 2 was reported with a 33% grey market premium, according to live market updates, but no primary or official document was provided. The report does not state the issue size, price band, subscription data, or whether the premium was sustained. The immediate market signal is bullish, but the underlying details remain unverified in the available reporting.
Why it matters
Orient Cables’ IPO was reported on Day 2 with a 33% grey market premium, based on live market updates. The available reporting does not provide the issue size, price band, or subscription figures, and no official document was supplied. The likely relevance is to IPO investors and the broader primary market, but the core details remain unverified.