Orient Cables (India) Ltd. has opened its IPO on September 25. The company is seeking to raise around Rs.552 crore, with the price band set at Rs.258–272 per share. The issue includes a fresh issue of shares as well as an offer for sale by existing shareholders.
The IPO is scheduled to remain open until September 29. It is among several mainboard offerings entering the market this week, alongside AceVector, Runwal Enterprises and German Green Steel and Power. Current IPO dashboards show these issues opening on September 25.
