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Orient Cables and Adroit Industries IPOs Show Strong Subscription and Listing Premiums

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Orient Cables and Adroit Industries IPOs Show Strong Subscription and Listing Premiums

Analysed 28 Sept 2026·5 sources analysed·Oregon, United States·Business
Orient Cables and Adroit Industries IPOs Show Strong Subscription and Listing PremiumsPreviousNext

Orient Cables' IPO, valued at Rs 552 crore with a price band of Rs 258-272, saw a 1.96 times subscription on Day 1 and a grey market premium (GMP) indicating a 33% potential listing gain. The IPO includes a fresh issue and an offer for sale, with listing expected on October 5, 2026. Adroit Industries' IPO, subscribed 176.85 times, shows a GMP signaling a 28% listing gain, with allotment expected on September 28 and listing on September 30. Orient Cables faces challenges including margin pressure, customer concentration, and a brand dispute, which may affect long-term growth prospects.

Sentiment
55%
TBN's observations

First-hand measurement across 5 sources

We measured how 5 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 (55/100). Lens Score 38/100.

Outlets measured: moneycontrol, economictimes, economictimes, economictimes, economictimes. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 5 sources · Published under editorial oversight by The Balanced News
Analysed 28 Sept 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (55/100)

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.

28 Sept, 01:18 am5 sources · 4 h28 Sept, 05:10 am
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
← Previous
Key Insights on Long-Term Investing, Valuation Risks, US IPOs, and Dividend Resumptions
Next →
ITAT Issues Rulings on Cash Deposits, Gifts, and Foreign Salary Taxation Cases
  1. 1
    economictimes28 Sept, 01:18 am
    Can Orient Cables IPO deliver long-term growth for high-risk investors?
  2. 2
    economictimes28 Sept, 03:54 am
    IPO GMP Today Live Updates Orient Cables IPO Day 2: GMP signals 33 listing premium; check key details
  3. 3
    economictimes28 Sept, 04:10 am
    Orient Cables IPO Day 2: GMP signals 33 listing premium; check subscription and key details
  4. 4
    economictimes28 Sept, 04:14 am
    Adroit Industries IPO allotment likely today: GMP signals 28 listing gain: Here's how to check status
  5. 5
    moneycontrol28 Sept, 05:10 am
    Adroit Industries IPO allotment today; GMP at 43 -- check status on BSE, NSE and registrar- Moneycontrol.com

Who's involved

Institutions and figures named across source coverage.

Corporate
Orient Cables (India) LimitedJM Financial LimitedMoneyviewKFin Technologies LimitedIIFL Capital Services LimitedBigshare Services Private LimitedAdroit Driveshafts Private LimitedCK Birla GroupOrient Cables LimitedChoice Capital Advisors Private LimitedAdroit Industries India Limited

Story context

Category
Business
Location
Oregon, United States
Sources analysed
5
Last analysed
28 Sept 2026
Key entities
Initial public offeringIndian rupeeCroreIndiaGrey marketLakhNational Stock Exchange of IndiaBombay Stock ExchangeNet incomeEquity (finance)Gross metropolitan productInvestor