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8 IPOs to List Next Week: Orient Cables, SRIT India Eye 40%+ Gains, Where Are Losses Feared?
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CNBC Awaaz•03-10-2026, 15:43
8 IPOs to List Next Week: Orient Cables, SRIT India Eye 40%+ Gains, Where Are Losses Feared?
- •Eight companies are set to list on the stock market next week, with some generating significant grey market buzz.
- •Orient Cables and SRIT India are expected to list with gains of over 40% on their first day.
- •Orient Cables' GMP is ₹120, indicating a 44.12% premium; SRIT India's GMP is ₹52, suggesting a 40% premium.
- •Shah Investor's Home, Vishal Nirmiti, German Green Steel, and Nityas Gems & Jewellery also show positive GMPs.
- •Runwal Enterprises has a negative GMP, signaling a potential listing below its issue price.
Key Questions Answered
Orient Cables and SRIT India are both projected to list with gains exceeding 40 percent based on grey market premium signals.
Orient Cables has a grey market premium of ₹120, putting its estimated listing price at around ₹392, which represents a 44.12 percent premium over its upper price band.
Runwal Enterprises is showing a negative grey market premium of ₹5, indicating that its shares may trade below the issue price upon listing.
