Orient Cables IPO: Brokerages bullish on gains from India's digital boom

The Indian cable manufacturer Orient Cables has opened the bidding window for its initial public offering. The process started on 25 September 2026 and will remain open until 29 September 2026. During this four‑day period investors can submit orders for shares at the price set by the company and its advisers. For ordinary savers, the IPO represents a chance to buy stock in a company that is tied to the country’s growing digital infrastructure, but participation is optional and limited to those who have a trading account that allows IPO subscriptions. The short bidding window means decisions must be made quickly, and the final allocation of shares will be determined after the close date. Taxpayers should note that any profit from a later sale of the shares will be subject to capital‑gains tax under existing rules. The outcome of the bid will be announced after the closing date, and the shares will begin trading once the company completes the listing process.

What to watch: the final price and allocation results announced after 29 September.

Editor's note: The article correctly captures the source information and provides relevant context.

This article is AI-generated and fact-gated. Original reporting: BS Personal Finance