Orient Cables and Adroit Industries IPOs See Strong Subscription and Grey Market Premiums
The IPOs of Orient Cables and Adroit Industries saw strong investor demand, with Orient Cables subscribed between 4.73 to 8.32 times by the second day and Adroit Industries oversubscribed nearly 177 times by the close. Orient Cables' IPO is priced between Rs 258-272 per share, with a grey market premium around 26-33%, while Adroit Industries' IPO price band was Rs 126-134, with a grey market premium near 43%. Both companies raised funds through fresh issues and offer-for-sale shares, with proceeds aimed at capital expenditure and debt repayment. IPO allotment statuses are available on NSE, BSE, and registrar websites.
First-hand measurement across 4 sources
We measured how 4 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (60/100). Lens Score 38/100.
Outlets measured: economictimes, economictimes, economictimes, economictimes. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–68/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
economictimes broke this story on 28 Sept, 01:18 am. Other outlets followed.